Deputy Commissioner of Income-tax, Central Circle-1, Nashik V. Sharad Ramnarayan Karwa, Nashik

ITSSA 11/PUN/2019

• Counselvise Citation: [2019] 115 COUNSELVISE.COM (IT) 9245 (ITAT-PUNE)
• Duration Of Justice: 8 month(s) 1 day(s)
• Appeal Type: Income Tax (Search & Seizure) Appeal
• Pronouncement Date: 26-09-2019
• Appeal Filed By: Department
• Order Result: Dismissed
• Bench Allotted: B
• Assessment Year: 2012-2013
• Appeal Filed On: 25-01-2019
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Department Lawyers: MAHADEVAN AMK
• Assessee Lawyers: P S SHINGTE
• Keywords: Tax effect
• Section: 201

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL B BENCH, PUNE BEFORE SHRI ANIL CHATURVEDI, ACCOUNTANT MEMBER AND SHRI S.S. VISWANETHRA RAVI, J UDICIAL MEMBER IT (SS) A NO . 11 /PUN/201 9 ASSESSMENT YEAR : 201 2 - 13 THE DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE 1, NASHIK ....... / APPELLANT / V/S. SHRI SHARAD RAMNARAYAN KARWA, 601, ACROPOLIS APARTMENT, OPP. - HDFC BANK, THATTE NAGAR, NASHIK - 422007 PAN : AARPK6180E / RESPONDENT ASSESSEE BY : SHRI P.S. SHINGTE REVENUE BY : SHRI MAHADEVAN AMK / DATE OF HEARING : 2 5 - 09 - 2019 / DATE OF PRONOUNCEMENT : 26 - 09 - 2019 / ORDER PER S.S. VISWANETHRA RAVI, JM : THIS APPEAL BY THE REVENUE AGAINST THE ORDER DATED 28 - 09 - 2018 PASSED BY THE COMMISSIONER OF INCOME TAX (APPEALS) - 12, PUNE FOR ASSESSMENT YEAR 2012 - 13. 2. ADMITTEDLY, THE TAX EFFECT INVOLVED IN THIS APPEAL IS BELOW MONETARY LIMIT FIXED BY THE CBDT CIRCULAR VIDE ITS LATEST CIRCULAR NO. 17/2019, DATED 08 - 08 - 2019. THUS, GROUNDS RAISED BY THE REVENUE FAIL AND THE APPEAL IS 2 IT (SS) A NO. 11/PUN/2019, A.Y. 2012 - 13 NOT MAINTAINABLE. THEREFORE, THE APPEAL OF REVENUE IS DISMISSED AS WITHDRAWN IN TERMS OF CBDT CIRCULAR MENTIONED HERE - IN - ABOVE. 3. IN THE RESULT, THE APPEAL OF REVENUE IS DISMISSED. ORDER PRONOUNCED IN THE OPEN COURT ON 26 TH SEPTEMBER, 2019. SD/ - SD/ - (ANIL CHATURVEDI) (S.S. VISWANETHRA RAVI) ACCOUNTANT MEMBER JUDICIAL MEMBER / PUNE; / DATED : 26 TH SEPTEMBER, 2019 RK / COPY OF THE ORDER FORWARDED TO : 1. / THE APPELLANT. 2. / THE RESPONDENT. 3. ( ) / THE CIT(A) - 1 2 , PUNE 4. THE D.G.I.T. (INV.), PUNE 5. , , , / DR, ITAT, B BENCH, PUNE. 6. / GUARD FILE. // // TRUE COPY// / BY ORDER, / PRIVATE SECRETARY, , / ITAT, PUNE