DCIT Corporate Circle 2(2), CHENNAI v. Hermes Ticket Private Ltd., CHENNAI

ITA 1267/CHNY/2018 | 2014-2015
Pronouncement Date: 05-11-2019 | Result: Dismissed

Appeal Details

RSA Number 126721714 RSA 2018
Assessee PAN AABCH7295J
Bench Chennai
Appeal Number ITA 1267/CHNY/2018
Duration Of Justice 1 year(s) 6 month(s) 19 day(s)
Appellant DCIT Corporate Circle 2(2), CHENNAI
Respondent Hermes Ticket Private Ltd., CHENNAI
Appeal Type Income Tax Appeal
Pronouncement Date 05-11-2019
Appeal Filed By Department
Order Result Dismissed
Bench Allotted D
Tribunal Order Date 05-11-2019
Last Hearing Date 14-02-2019
First Hearing Date 05-11-2019
Assessment Year 2014-2015
Appeal Filed On 16-04-2018
Judgment Text
IN THE INCOME TAX APPELLATE TRIBUNAL D BENCH CHENNAI . . . !' # % !& BEFORE SHRI N.R.S. GANESAN JUDICIAL MEMBER AND SHRI RAMIT KOCHAR ACCOUNTANT MEMBER ./ ITA NO.1267/CHNY/2018 ) *) / ASSESSMENT YEAR : 2014-15 THE DEPUTY COMMISSIONER OF INCOME TAX CORPORATE CIRCLE 2(2) CHENNAI - 600 034. V. M/S HERMES I TICKET PVT. LTD. NO.C9 TVK INDUSTRIAL ESTATE GUINDY CHENNAI - 600 032. PAN : AABCH 7295 J ( -/ APPELLANT) (./ -/ RESPONDENT) - 0 1 / APPELLANT BY : MS. R. ANITHA JCIT ./ - 0 1 / RESPONDENT BY : NONE 2 0 '% / DATE OF HEARING : 05.11.2019 3#* 0 '% / DATE OF PRONOUNCEMENT : 05.11.2019 / O R D E R PER N.R.S. GANESAN JUDICIAL MEMBER : THIS APPEAL OF THE REVENUE IS DIRECTED AGAINST THE ORDER OF THE COMMISSIONER OF INCOME TAX (APPEALS)-6 CHENNAI DA TED 30.01.2018 AND PERTAINS TO ASSESSMENT YEAR 2014-15. 2. ON HEARING THE LD. DEPARTMENTAL REPRESENTATIVE WE FIND THAT THE TAX EFFECT IN THIS CASE IS LESS THAN ` 50 LAKHS. THE CBDT IN ITS CIRCULAR 2 I.T.A. NO.1267/CHNY/18 NO.17/2019 DATED 08.08.2019 INCREASED THE MONETARY LIMIT FOR FILING APPEAL BEFORE THIS TRIBUNAL AND INSTRUCTED ITS OFFI CERS TO WITHDRAW ALL THE APPEALS PENDING BEFORE THE ITAT WHERE THE TAX EFFEC T IS LESS THAN ` 50 LAKHS. THIS TRIBUNAL IS OF THE CONSIDERED OPINION THAT THIS CIRCULAR OF CBDT IS BINDING ON THE OFFICERS OF THE DEPARTMENT. THEREFORE THE REVENUE CANNOT PROCEED FURTHER IN THIS APPEAL. ACC ORDINGLY THIS APPEAL STANDS DISMISSED. 3. IN THE RESULT THE APPEAL FILED BY THE REVENUE S TANDS DISMISSED. ORDER PRONOUNCED IN THE OPEN COURT ON 5 TH NOVEMBER 2019 AT CHENNAI. SD/- SD/- ( !' #) ( . . . ) (RAMIT KOCHAR) (N.R.S. GANESAN) % / ACCOUNTANT MEMBER /JUDICIAL MEMBER /CHENNAI 5 /DATED THE 5 TH NOVEMBER 2019. KRI. 0 .' 6 76*' /COPY TO: 1. - /APPELLANT 2. ./ - /RESPONDENT 3. 2 8' () /CIT(A)-6 CHENNAI 4. PRINCIPAL CIT-2 CHENNAI 5. 69 .' /DR 6. ) : /GF.