Assistant Commissioner of Income Tax, V. Vijay Marbles Pvt.Ltd.,

ITSSA 140/JAB/2014

• Counselvise Citation: [2019] 118 COUNSELVISE.COM (IT) 0005 (ITAT-JABALPUR)
• Duration Of Justice: 4 year(s) 10 month(s) 10 day(s)
• Appeal Type: Income Tax (Search & Seizure) Appeal
• Pronouncement Date: 02-04-2019
• Appeal Filed By: Department
• Order Result: Dismissed
• Bench Allotted: DB
• Assessment Year: 2007-2008
• Appeal Filed On: 22-05-2014
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Department Lawyers: P D CHOUGALE
• Keywords: Tax effect

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL JABALPUR BENCH , JABALPUR BEFORE SHRI A. D. JAIN, VICE PRESIDENT AND SHRI T. S. KAPOOR, ACCOUNTANT MEMBER IT (SS) A NO. 140/JAB/2014 ASSESSMENT YEAR: 2007 - 08 ASSTT. C.I.T. CIRCLE KATNI V. VIJAY MARBLES PVT. LTD. 2 6, COMMERCIAL COMPLEX HOUSING BOARD COLONY, KATNI T AN /PAN : AACCV0159L (APP ELL ANT) (RESPONDENT) DEPARTMENT BY: SHRI P. D. CHOUGALE, D.R. ASSESSEE BY: SHRI VIJAY GUPTA, C.A. DATE OF HEARING: 01 04 201 9 DATE OF PRONOUNCEMENT: 02 04 201 9 O R D E R P ER A. D. JAIN, V.P . : TH IS IS REVENUES APPEAL AGAINST THE ORDER OF THE LD. C.I.T.(A) - I, JABALPUR, DATED 22/1/2014, FOR THE ASSESSMENT YEARS 2007 - 08. 2. AT THE TIME OF HEARING, IT WAS BROUGHT TO OUR NOTICE THAT THE DEPARTMENT HAS MOVED AN APPLICATION DATED 2 8 /9/2018 FOR WITHDRAWAL OF THE APPEAL IN VIEW OF CIRCULAR NO.3/2018 DATED 11/7/2018 ISSUED BY THE C.B.D.T., AS PER WHICH NO APPEAL SHOULD BE FILED BEFORE THE TRIBUNAL IN CASE THE TAX EFFECT DOES NOT EXCEED RS.20 LAKHS, WHICH WILL APPLY EVEN TO THE PENDIN G APPEALS. THE LD. D.R., THEREFORE, REQUESTED FOR WITHDRAWAL OF THE APPEAL, TO WHICH THE LD. A.R. OF THE ASSESSEE HAS NO OBJECTION. IN THE LIGHT OF THE REQUEST OF THE LD. D.R., THE APPEAL IS DISMISSED AS WITHDRAWN. 3. IN THE RESULT, THE APPEAL I S DISMISS ED AS WITHDRAWN. ORDER PRONOUNCED IN THE OPEN COURT ON 02 / 0 4 /201 9 . SD/ - SD/ - [ T. S. KAPOOR ] [ A. D. JAIN ] ACCOUNTANT MEMBER VICE PRESIDENT DATED: 02 /0 4 / 201 9 JJ: 0104 I T(SS)A NO.140/JAB/2014 PAGE 2 OF 2 COPY FORWARDED TO: 1. APPELLANT 2. RESPONDENT 3. CIT(A) 4. CIT 5. DR