Deputy Commissioner of Income-tax, Circle - 1, Nashik V. Chandrashekhar Ashok Joshi, Nashik

MA 94/PUN/2021

• Counselvise Citation: [NaN] 107 COUNSELVISE.COM (IT) 1687 (ITAT-PUNE)
• Duration Of Justice: 1 year(s) 11 month(s) 7 day(s)
• Appeal Type: Miscellaneous Application
• Pronouncement Date: 04-02-2022
• Appeal Filed By: Department
• Order Result: Dismissed
• Bench Allotted: C
• Assessment Year: 2012-2013
• Appeal Filed On: 28-02-2020
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Keywords: Tax effect
• Section: 254(2)

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL PUNE BENCH “A”, PUNE BEFORE SHRI R.S. SYAL, VICE PRESIDENT AND SHRI PARTHA SARATHI CHAUDHURY, JUDICIAL MEMBER Miscellaneous Application No.94/PUN/2021 (arising out of ITA No.785/PUN/2018) Assessment Year : 2012-13 ACIT, Circle-1, Nashik Vs. Chandrashekhar Ashok Joshi, Krishnakunj, Makhmalabad Naka, Rajdal Colony, Panchvati, Nashik – 422 003 PAN : AAXPJ0797N (Applicant) (Respondent) Revenue by : Shri M.G. Jasnani Assessee by : Shri Sanket Joshi Date of Hearing : 04-02-2022 Date of Pronouncement : 04-02-2022 ORDER PER R.S.SYAL, VP : This Miscellaneous application has been moved by the Revenue requesting to recall the order of the Tribunal passed on 29.08.2019. At the very outset, the ld. DR submitted that the Tribunal dismissed the appeal of the Revenue on account of low tax effect. Albeit, the ld. DR, while admitting that the tax effect in the captioned appeal which was dismissed by the Tribunal was less than Rs.50.00 lakh, but submitted that the addition in this appeal was based on the information received from the Sales Tax Department, Maharashtra that the assessee was one of the beneficiaries indulging M.A.No.94/PUN/2021 Chandrashekhar A. Joshi 2 in the Hawala transactions. It was ergo prayed that the appeal falls under exception prescribed in clause (e) of para 10 of the CBDT Circular no. 03/2018 dated 11-07-2018 read with its amendment dated 20-08-2018 and hence, the Tribunal order dated 29-08-2019 needs to be recalled for adjudication of the appeal on merit. 2. We have heard both the sides through virtual court and scanned through the relevant material on record. Having found that the tax effect in the instant appeal referred to by the Revenue is less than the monetary limits of Rs.50.00 lakh, the Tribunal dismissed the appeal of the Revenue by virtue of CBDT Circular No.17/2019 dated 08-08-2019 revising upward the monetary limit to Rs.50.00 lakh for filing of appeals by the Department in Income-tax Cases before various appellate forums. 3. As regards the contention of the ld. DR that the appeal should not have been dismissed because the addition in this case was made on the basis of information from the Sales Tax Department, Maharashtra about the assessee indulging in hawala transactions and hence covered in the exception clause of the Circular as referred to above, we find that such a contention has not been countenanced by the Pune Benches of the Tribunal in several cases including ITO vs. M/s Param Marketing (ITA No.1872/PUN/2019 dt.30-01-2020) and M.A.No.94/PUN/2021 Chandrashekhar A. Joshi 3 ITO vs. Yusuf Gulmmohmmed Patel (ITA No.1852/PUN/2019 dt.30-01-2020). Not only that, even the Miscellaneous application filed u/s 254(2) on this issue has also been dismissed in DCIT vs. M/s Rang Rasayan (M.A.No.60/PUN/2019 dt. 14-01-2020). No contrary view has been brought to our notice on behalf of the Revenue. Respectfully following the above precedent, we are not inclined to accept the Miscellaneous application filed by the Revenue. 4. In the result, the Miscellaneous application is dismissed. Order pronounced in the Open Court on 04 th February, 2022. Sd/- Sd/- ( PARTHA SARATHI CHAUDHURI) (R.S.SYAL) JUDICIAL MEMBER VICE PRESIDENT प ु णे Pune; दनांक Dated : 04 th February, 2022 Satish M.A.No.94/PUN/2021 Chandrashekhar A. Joshi 4 आदेश क त ल प अ े षत / Copy of the Order is forwarded to : 1. अपीलाथ / The Appellant; 2. यथ / The Respondent; 3. आयकर आयु (अपील) / The CIT (Appeals)-1, Nashik 4. The Pr. CIT-1, Nashik 5. िवभागीय ितिनिध, आयकर अपीलीय अिधकरण, पुणे “A” / DR ‘A’, ITAT, Pune; 6. गाड फाईल / Guard file. // True copy // आदेशान ु सार/ BY ORDER, // True Copy // Senior Private Secretary आयकर अपीलीय अिधकरण ,पुणे / ITAT, Pune Date 1. Draft dictated on 04-02-2022 Sr.PS 2. Draft placed before author 04-02-2022 Sr.PS 3. Draft proposed & placed before the second member JM 4. Draft discussed/approved by Second Member. JM 5. Approved Draft comes to the Sr.PS/PS Sr.PS 6. Kept for pronouncement on Sr.PS 7. Date of uploading order Sr.PS 8. File sent to the Bench Clerk Sr.PS 9. Date on which file goes to the Head Clerk 10. Date on which file goes to the A.R. 11. Date of dispatch of Order. *