ITO, Ward - 3, Murshidabad, Murshidabad V. Nabikchuddin Sk., Murshidabad

MA 125/KOL/2017

• Counselvise Citation: [2019] 116 COUNSELVISE.COM (IT) 1943 (ITAT-KOLKATA)
• Duration Of Justice: 2 year(s) 1 month(s) 18 day(s)
• Appeal Type: Miscellaneous Application
• Pronouncement Date: 04-09-2019
• Appeal Filed By: Department
• Order Result: Dismissed
• Bench Allotted: B
• Assessment Year: 2006-2007
• Appeal Filed On: 17-07-2017
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Department Lawyers: SANKAR HALDER
• Keywords: Tax effect
• Section: 2

Judgement Text

1 IN THE INCOME TAX APPELLATE TRIBUNAL B BENCH: KOLKATA BEFORE: SHRI J. SUDHAKAR REDDY, ACCOUNTANT MEMBER AND SHRI S.S. VISWANETHRA RAVI, JUDICIAL MEMBER M.A. NO.125/KOL/2017 (A/O. I.T.A NO.340/KOL/2012) (ASSESSMENT YEAR: 2008-09) ITO, WARD-42(3), KOLKATA APPELLANT VS NABIKCHUDDIN SK RESPONDENT [PAN:BEDPS7952F] FOR THE APPELLANT : SHRI SANKAR HALDER, JCIT, SR. DR FOR THE RESPONDENT : NONE DATE OF HEARING : 23.08.2019 DATE OF PRONOUNCEMENT : 04.09.2019 ORDER PER SHRI S.S. VISWANETHRA RAVI, JM: BY WAY OF THIS MISCELLANEOUS APPLICATION, THE REVENUE INTENDS TO RECALL THE ORDER DATED 12.08.2014 PASSED BY THIS TRIBUNAL IN ITA NO.340/KOL/2012. 2. HEARD BOTH PARTIES AND PERUSED THE MATERIAL AVAILABLE ON RECORD. THE CONTENTION OF THE LD. DR IS THAT THE INITIALLY THIS TRIBUNAL DISMISSED THE APPEAL OF THE REVENUE IN ITA NO.340/KOL/2012 CONSIDERING THE TAX EFFECT OF RS.3,77,265/- WHICH IS BELOW THE TAX LIMIT AS PER CBDT INSTRUCTION. BY WAY OF THIS MISCELLANEOUS APPLICATION, THE LD. DR CONTENDS THAT THE TAX EFFECT WAS INADVERTENTLY MISCALCULATED AT RS.3,77,265/- INSTEAD OF ACTUAL AMOUNT AT RS.4,09,936/-. WE FIND THE CBDT IN ITS LATEST CBDT CIRCULAR NO.17/2019, F. NO. 279/MISC. 142/2007-ITJ(PT.), DT. 8 TH AUGUST, 2019 FIXED THE MONETARY LIMIT OF RS.50,00,000/-. BY PLACING RELIANCE THE M.A. NO.125/KOL/2017 NABIKCHUDDIN SK 2 PROPOSITION OF LAW LAID DOWN BY THE AHMEDABAD A BENCH OF ITAT IN THE CASE OF ITO, WARD-3(2), AHMEDABAD VS. DINESH MADHAVLAL PATEL & ORS IN ITA NO.1398/AHD/2004 ORDER DATED 14.08.2019, WE ARE OF THE OPINION THAT THE PRESENT MISCELLANEOUS APPLICATION IS NOT MAINTAINABLE. 3. IN THE RESULT, THE MISCELLANEOUS APPLICATION OF THE REVENUE IS DISMISSED. ORDER PRONOUNCED IN THE OPEN COURT ON 04.09.2019. SD/- SD/- [J. SUDHAKAR REDDY] [S.S. VISWANETHRA RAVI] ACCOUNTANT MEMBER JUDICIAL MEMBER DATED :04.09.2019 PLACE : KOLKATA RS, SR.PS COPY OF THE ORDER FORWARDED TO: 1 . APPELLANT ITO, WARD-42(3), KOLKATA 2 RESPONDENT BANIKCHUDDIN SK, VILL & PO BEGUNBARI, BELDANGA, MURSHIDABAD, PIN-742133. 3 . THE CIT(A), KOLKATA 4. 5. CIT , KOLKATA DR, KOLKATA BENCHES, KOLKATA //TRUE COPY// BY ORDER, ASSISTANT REGISTRAR, ITAT, KOLKATA