Joint Commissioner of Income-tax, (OSD), Circle -7, Pune V. Utkarsh Balasaheb Patil, Pune

ITA 775/PUN/2018

• Counselvise Citation: [NaN] 107 COUNSELVISE.COM (IT) 1960 (ITAT-PUNE)
• Duration Of Justice: 3 year(s) 10 month(s) 4 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 03-03-2022
• Appeal Filed By: Department
• Order Result: Dismissed
• Bench Allotted: A
• Assessment Year: 2013-2014
• Appeal Filed On: 27-04-2018
• Result in Favour of: Partly Allowed
• Court: TRIBUNAL
• Section: 32; 147; 131; 68; 246; 69; 145; 27; 148; 54; 37; 6; 56; 263; 63; 132; 12; 28; 144; 10; 90; 154; 2; 11; 15; 271(1)(b); 139; 92

Judgement Text

आयकर अपीऱीय अधिकरण “ए” न्यायपीठ प ु णे म ें । IN THE INCOME TAX APPELLATE TRIBUNAL “A” BENCH, PUNE BEFORE SHRI S. S. VISWANETHRA RAVI, JM AND DR. DIPAK P. RIPOTE, AM आयकर अपीऱ सं. / ITA No.775/PUN/2018 ननधधारण वषा / Assessment Year : 2013-14 JCIT,(OSD), Circle-7,Pune. .......अपऩलधथी / Appellant बनधम / V/s. Shri Utkarsh Balasaheb Patil, Flat No.1, Plot No.21, Neelanji Co-Operative Housing Society, Kalyaninagar, Pune- 411006. PAN : ALDPP8717D ......प्रत्यथी / Respondent Revenue by : Shri S. P. Walimbe Assessee by : Shri B.C. Malakar सपनवधई की तधरऩख / Date of Hearing : 16.02.2022 घोषणध की तधरऩख / Date of Pronouncement : 03.03.2022 आदेश / ORDER PER DR. DIPAK P. RIPOTE, AM: This is an appeal filed by the Revenue against the order of ld. CIT(A)-3, Pune dated 02.01.2018 for the assessment year 2013-14. 2. At the very outset, the Ld. DR of the Revenue submitted that the tax effect involved in this appeal is below Rs.50 lakhs and therefore, the appeal of Revenue is liable to be dismissed on account of low tax effect in terms of recent CBDT Circular No.17/2019 [F No.279/Mise.142/2007-ITJ (Pt)], dated 08.08.2019 read with Circular No.3 of 2018 dated 11.07.2018 revising the upward monetary limits for filing of appeals in Income Tax Cases before various Appellate Forums. The earlier CBDT Circular No.03/2019 dated 11.07.2018 fixed monetary limit for filing of appeals before the Tribunal at Rs.20 Lakhs. Such limit has been enhanced in the recent CBDT Circular 2 ITA No.775/PUN/2018 dated 08.08.2019 from Rs.20 Lakhs to Rs. 50 Lakhs. Thus, the tax effect on the addition is less than Rs.50 Lakhs. 3. The Ld. AR fairly admitted that in this appeal filed by the Department tax effect is less than Rs.50 Lakhs. 4. Both sides heard. Undisputedly, the tax effect involved in this appeal is less than the monetary limit prescribed by the recent CBDT Circular No.17/2019 [F No.279/Mise.142/2007-ITJ (Pt)] dated 08-08-2019 read with Circular No.3 of 2018 dated 11.07.2018 for filing of appeals before the Tribunal by the Department. The CBDT vide circular dated 08.08.2019 (supra.) has amended Para 3 of Circular No.3 of 2018 dated 11.07.2018 thereby enhancing monetary limit of tax effect from Rs.20 Lakhs to Rs.50 Lakhs for filing appeals by the Department before the Tribunal. Thus, without going into merit of the issues raised in this appeal, in view of the CBDT Circular (supra), we dismiss the appeal filed by the Revenue. 5. Before parting, we clarify here that the Revenue shall be at liberty to approach the Tribunal for restoration of appeal, with the requisite material to show that the appeal is protected by the exceptions prescribed in Para 10 of the Circular dated 11-07-2018 and its amendment dated 20-08-2018. 6. In the result, the appeal of the Revenue is dismissed. Order pronounced in the open Court on this day of March, 2022. Sd/- Sd/- (S. S. VISWANETHRA RAVI) (DR. DIPAK P. RIPOTE) JUDICIAL MEMBER ACCOUNTANT MEMBER पपणे / Pune; ददनधांक / Dated : 03 rd March, 2022. Sujeet आदेश की प्रनतनलनप अग्रेनषत / Copy of the Order forwarded to : 1. अपऩलधथी / The Appellant. 2. प्रत्यथी / The Respondent. 3. The CIT(A)-3, Pune. 4. The Pr. CIT-2, Pune. 5. नवभधगऩय प्रनतनननध, आयकर अपऩलऩय अनधकरण, “ए” बेंच, पपणे / DR, ITAT, “A” Bench, Pune. 6. गधर्ा फ़धइल / Guard File. 3 ITA No.775/PUN/2018 आदेशधनपसधर / BY ORDER, // True Copy // Senior Private Secretary आयकर अपऩलऩय अनधकरण, पपणे / ITAT, Pune. S.No. Details Date Initials Designation 1 Draft dictated on 16.02.2022 Sr. PS/PS 2 Draft placed before author 16.02.2022 Sr. PS/PS 3 Draft proposed & placed before the Second Member JM/AM 4 Draft discussed/approved by Second Member AM/AM 5 Approved Draft comes to the Sr. PS/PS Sr. PS/PS 6 Kept for pronouncement on Sr. PS/PS 7 Date of uploading of Order Sr. PS/PS 8 File sent to Bench Clerk Sr. PS/PS 9 Date on which the file goes to the Head Clerk 10 Date on which file goes to the A.R. 11 Date of Dispatch of order