ACIT, New Delhi v. M/s. Sidh Automobiles Ltd., New Delhi

ITA 110/DEL/2016 | 2011-2012
Pronouncement Date: 26-11-2019 | Result: Dismissed

Appeal Details

RSA Number 11020114 RSA 2016
Assessee PAN AAACS1312A
Bench Delhi
Appeal Number ITA 110/DEL/2016
Duration Of Justice 3 year(s) 10 month(s) 18 day(s)
Appellant ACIT, New Delhi
Respondent M/s. Sidh Automobiles Ltd., New Delhi
Appeal Type Income Tax Appeal
Pronouncement Date 26-11-2019
Appeal Filed By Department
Order Result Dismissed
Bench Allotted D
Tribunal Order Date 26-11-2019
Last Hearing Date 05-08-2019
First Hearing Date 05-08-2019
Assessment Year 2011-2012
Appeal Filed On 07-01-2016
Judgment Text
IN THE INCOME TAX APPELLATE TRIBUNAL DELHI BENCH D NEW DELHI !' !' !' !' $ $$ $ $ $$ $' ' ' ' &' & &' & &' & &' & ( ( ( ( BEFORE MS. SUSHMA CHOWLA JUDICIAL MEMBER & SH.O.P.KANT ACCOUNTANT MEMBER ' ' ' '$ $$ $ / ITA NO.110/DEL/2016 )) )) )) )) / ASSESSMENT YEAR: 2011-12 THE ACIT CENTRAL CIRCLE-28 ROOM NO.317 ARA CENTRE JHANDEWALAN EXTN. NEW DELHI-110055. .......... *+ /APPELLANT VS SIDH AUTOMOBILES LTD. 1 ST FLOOR 14 NAZAFGARH ROAD NEW DELHI-122002. PAN-AAACS1312A . -*+ / RESPONDENT *+.& / APPELLANT BY : SMT. DEEPALI CHANDRA CIT DR -*+.& / RESPONDENT BY : NONE .' / DATE OF HEARING: 26.11.2019 /0.' / DATE OF PRONOUNCEMENT: 26.11.2019 & & & & / ORDER PER SUSHMA CHOWLA JM: THE APPEAL FILED BY REVENUE IS AGAI NST ORDER OF CIT(A)-29 NEW DELHI DATED 16.10.2015 RELATING TO A SSESSMENT YEAR 2011-12 PASSED UNDER SECTION 271D OF THE INCOME-TAX ACT 1961 (IN SHORT ACT). 2 ITA NO.110/DEL/2016 ASSESSMENT Y EAR: 2011-12 2. DESPITE SERVICE OF NOTICE NONE APPEARED ON BEHA LF OF THE ASSESSEE. 3. HOWEVER LD. DR FOR THE REVENUE POINTED OUT THAT THE PRESENT APPEAL IS TO BE WITHDRAWN AS THE TAX EFFECT INVOLVE D IN THE CASE IS BELOW RS.50 LACS. 4. THE CBDT VIDE CIRCULAR NO.17/2019 DATED 08.08.20 19 HAS REVISED THE MONETARY LIMIT FOR FILING THE APPEALS BEFORE TH E TRIBUNAL TO RS.50 LACS. FURTHER CBDT VIDE LETTER DATED 20.08.2019 H AS ALSO CLARIFIED THAT CIRCULAR NO.17/2019 WOULD BE APPLICABLE TO ALL PEND ING APPEALS. IN SUCH CIRCUMSTANCES THE PRESENT APPEAL FILED BY THE REVE NUE IN CASE OF LOW TAX EFFECT IS NOT MAINTAINABLE. 5. BEFORE PARTING WE CLARIFY HERE THAT THE REVENUE SHALL BE AT LIBERTY TO APPROACH THE TRIBUNAL FOR RE-INSTITUTION OF APPE AL IF THE REQUISITE MATERIAL IS BROUGHT TO SHOW THAT THE APPEAL IS PROT ECTED BY THE EXCEPTIONS PRESCRIBED IN PARA 10 OF THE CIRCULAR DA TED 11.07.2018. 6. IN CONCLUSION BY APPLYING THE CBDT CIRCULAR DAT ED 08.08.2019 AND LETTER DATED 20.08.2019 (SUPRA) THE CAPTIONED APPEAL OF THE REVENUE IS DISMISSED AS WITHDRAWN/NOT PRESSED. 7. IN THE RESULT THE APPEAL OF REVENUE IS DISMISSE D. ORDER PRONOUNCED IN THE OPEN COURT ON 26 TH DAY OF NOVEMBER 2019. SD/- SD/- (O.P.KANT) (SUSHMA CHOW LA) &' &' &' &' /ACCOUNTANT MEMBER /JUDICIAL MEMBER / ' DATED : 26 TH NOVEMBER 2019 . * AMIT KUMAR * 3 ITA NO.110/DEL/2016 ASSESSMENT Y EAR: 2011-12 &. 23&24 COPY OF THE ORDER IS FORWARDED TO : 1. *+ / THE APPELLANT 2. -*+ / THE RESPONDENT 3. 5 6 7 / THE CIT(A) 4. 8 5 / THE PR. CIT 5. 6. 29: / DR ITAT DELHI :);4 GUARD FILE. & & & & / BY ORDER -2 // TRUE COPY // => ? ASSISTANT REGISTRAR ITAT DELHI