DCWT, CORPORATE CIRCLE - 3 (2), CHENNAI V. SHRI SIVARAMAKRISHNAN T.N., CHENNAI

MA 110/CHNY/2020

• Counselvise Citation: [2022] 103 COUNSELVISE.COM (IT) 9182 (ITAT-CHENNAI)
• Duration Of Justice: 2 year(s) 1 month(s) 4 day(s)
• Appeal Type: Miscellaneous Application
• Pronouncement Date: 01-11-2022
• Appeal Filed By: Department
• Order Result: Allowed
• Bench Allotted: D
• Next Hearing Date: 27-10-2022
• Assessment Year: 2004-2005
• Appeal Filed On: 27-09-2020
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Keywords: Tax effect
• Section: 64

Judgement Text

आयकर अपीलȣय अͬधकरण, ‘ डी Ûयायपीठ, चेÛनई IN THE INCOME TAX APPELLATE TRIBUNAL , ‘D’ BENCH, CHENNAI Įी वी. द ु गा[ राव, ÛयाǓयक सदèय एवं Įी जी. मंज ु नाथ, लेखा सदèय के सम¢ BEFORE SHRI V. DURGA RAO, JUDICIAL MEMBER AND SHRI G.MANJUNATHA, ACCOUNTANT MEMBER Misc. Application Nos. 110 & 111/Chny/2020 [In WTA Nos. 64 & 65/Chny/2019] (Ǔनधा[रणवष[ / Assessment Years: 2004-05 & 2005-06) Deputy Commissioner of Income Tax, Corporate Circle-3(2), Chennai-600 034. Vs Shri. Sivaramakrishnan, Agaja Flats, New No. 13, Old No.6, Raman Street, T.Nagar, Chennai – 600 017. PAN : AAWPS-7017-F (ᮧाथᭅक /Petitioner) (Ĥ×यथȸ/Respondent) ᮧाथᭅक कȧ ओरसे/ Petitioner by : Mr. AR. V Sreenivasan, Addl.CIT Ĥ×यथȸ कȧ ओरसे/Respondent by : None स ु नवाई कȧ तारȣख/Date of hearing : 28.10.2022 घोषणा कȧतारȣख /Date of Pronouncement : 02.11.2022 आदेश / O R D E R PER G. MANJUNATHA, AM: The present Miscellaneous Petitions is filed by the Revenue against order of this Tribunal dated 09.01.2020 in WTA Nos. 64 & 65/Chny/2019 relevant to the assessment years 2004-05 & 2005-06. 2. At the time of hearing, none appeared on behalf of the assessee/respondent. Therefore, we proceed to dispose off this Miscellaneous Applications after hearing Ld. Sr. DR. We find that the Tribunal has disposed off the appeals by the Revenue on low tax effect in light of CBDT circular No.3/2018. 2 M.A. No.110 & 111 /Chny/2020 The Revenue now points out issue involved in appeals comes under exception as provided under said circular, because the assessment has been reopened on the basis of Revenue Audit Objection raised by the Revenue Audit, which has been accepted by the Department for which the learned D.R. has filed relevant details of Revenue Audit Objection and acceptance by the Assessing Officer. Therefore, we are of the considered view that there is merit in the Misc. Applications filed by the Revenue against order of the Tribunal in WTA No. 64 & 65/Chny/2019 dated 09.01.2020 and thus, we recall WTA Nos. 64 & 65/Chny/2019 dated 09.01.2020 and direct the Registry to fix appeals for hearing in regular course. 3. In the result, Miscellaneous Applications filed by the Revenue are allowed. Order pronounced in the open court on 02 nd November, 2022 Sd/- Sd/- ( वी. द ु गा[ राव) (जी. मंज ु नाथ) (V.Durga Rao) (G.Manjunatha) ÛयाǓयक सदèय /Judicial Member लेखा सदèय / Accountant Member चेÛनई/Chennai, Ǒदनांक/Dated 02 nd November, 2022 JPV आदेश कȧ ĤǓतͧलͪप अĒेͪषत/Copy to: 1. Appellant 2. Respondent 3. आयकर आय ु Èत (अपील)/CIT(A) 4. आयकर आय ु Èत/CIT 5. ͪवभागीय ĤǓतǓनͬध/DR 6. गाड[ फाईल/GF.