Appeal Details
Counselvise Citation
[2018] 119 COUNSELVISE.COM (IT) 2700 (ITAT-DELHI)
Assessee PAN
Bench
Appeal Number
CRN Number
Duration Of Justice
10 month(s) 11 day(s)
Appellant
Respondent
Appeal Type
Income Tax Appeal
Pronouncement Date
08-11-2018
Appeal Filed By
Department
Order Result
Dismissed
Bench Allotted
F
Assessment Year
2014-2015
Appeal Filed On
27-12-2017
Judgement Text
IN THE INCOME TAX APPELLATE TRIBUNAL DELHI BENCHES: F , NEW DELHI BEFORE SMT. BEENA A PILLAI, JUDICIAL MEMBER AND SHRI PRASHANT MAHARISHI, ACCOUNTANT MEMBER ITA NO. 7778/DEL/2017 AY: 2014 - 15 ACIT, CIRCLE 3 NOIDA VS . UNNATI FORTUNE SPACE DEVELOPERS P LTD. B 177, SECTOR 67 NOIDA 201 301 (UP) PAN: AAACU9235G (APPELLANT) (RESPONDENT) DEPARTMENT BY : SH. SURENDER PAL, SR. D.R. ASSESSEE BY : MS. GUNJAN JAIN, C.A. DATE OF HEARING : 06/11/2018 DATE OF PRONOUNCEMENT : 08/11/2018 ORDER PER BEENA A PILLAI, JUDICIAL MEMBER THE APPEAL IS FILED BY REVENUE AGAINST ORDER DATED 30.06.2017 OF LD.CIT(A) - I, N OIDA PERTAINING TO A.Y. 20 14 - 15 . ADMITTEDLY THE TAX EFFECT IN THE PRESENT APPEAL IS LESS THAN RS.20 LAKHS. 2. IN TERMS OF CBDT CIRCULAR NO. 03 OF 2018, DATED 11TH JULY, 2018 READ WITH S.268A OF THE INCOME TAX ACT, 1961, THE REVENUE S HOULD HAVE EITHER NOT FILED THE PRESENT APPEAL, OR SHOULD HAVE WITHDRAWN THE SAME, AS TAX EFFECT IN THIS APPEAL IS ADMITTEDLY LESS THAN RS. 20,00,000/ - . 3. IN VIEW OF THE ABOVE, THE APPEAL FILED BY REVENUE IS DISMISSED. 4 . IN THE RESULT, APPEAL FILED BY REVENUE IS DISMISSED. ORDER PRONOUNCED IN THE OPEN COURT ON 08 TH NOVEMBER , 2018. SD/ - SD/ - ( PRASHANT MAHARISHI) (BEENA A PILLAI) ACCOUNTANT MEMBER JUDICIAL MEMBER DT. 08 TH NOVEMBER, 2018 *GMV ITA NO.7778/DEL/17 A.Y.:2014 - 15 ACIT VS. UNNATI FORTUNE SPACE DEVELOPERS P LTD., NOIDA 2 COPY FORWARDED TO: - 1 . APPELLANT 2 . RESPONDENT 3 . CIT 4 . CIT(A) 5 . DR, ITAT - TRUE COPY - BY ORDER, ASSISTANT REGISTRAR ITAT DELHI BENCHES ITA NO.7778/DEL/17 A.Y.:2014 - 15 ACIT VS. UNNATI FORTUNE SPACE DEVELOPERS P LTD., NOIDA 3 DATE DRAFT DICTATED ON 0 6 / 1 1 / 1 8 DRAFT PLACED BEFORE AUTHOR DRAFT PROPOSED & PLACED BEFORE THE SECOND MEMBER DRAFT DISCUSSED/APPROVED BY SECOND MEMBER. APPROVED DRAFT COMES TO THE SR.PS/PS KEPT FOR PRONOUNCEMENT ON & ORDER UPLOADED ON : 0 8 / 1 1 / 1 8 FILE SENT TO THE BENCH CLERK DATE ON WHICH FILE GOES TO THE AR DATE ON WHICH FILE GOES TO THE HEAD CLERK. DATE OF DISPATCH OF ORDER.
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