ACIT Non Corporate Circle 1(1), CHENNAI v. Manmohan Gupta, CHENNAI

ITA 1406/CHNY/2018 | 2013-2014
Pronouncement Date: 08-11-2019 | Result: Dismissed

Appeal Details

RSA Number 140621714 RSA 2018
Assessee PAN AAUPM1265B
Bench Chennai
Appeal Number ITA 1406/CHNY/2018
Duration Of Justice 1 year(s) 6 month(s) 12 day(s)
Appellant ACIT Non Corporate Circle 1(1), CHENNAI
Respondent Manmohan Gupta, CHENNAI
Appeal Type Income Tax Appeal
Pronouncement Date 08-11-2019
Appeal Filed By Department
Order Result Dismissed
Bench Allotted D
Tribunal Order Date 08-11-2019
Last Hearing Date 21-02-2019
First Hearing Date 11-11-2019
Assessment Year 2013-2014
Appeal Filed On 26-04-2018
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.1406/CHNY/2018 ) *) / ASSESSMENT YEAR : 2013-14 THE ASSISTANT COMMISSIONER OF INCOME TAX NON-CORPORATE CIRCLE -1(1) FORMERLY KNOWN AS BUSINESS CIRCLE -1 CHENNAI - 600 034. V. SHRI MANMOHAN GUPTA NO.7A GIRI ROAD T. NAGAR CHENNAI - 600 017. PAN : AAUPM 1265 B ( -/ APPELLANT) (./ -/ RESPONDENT) - 0 1 / APPELLANT BY : MS. R. ANITHA JCIT ./ - 0 1 / RESPONDENT BY : NONE 2 0 '% / DATE OF HEARING : 11.11.2019 3#* 0 '% / DATE OF PRONOUNCEMENT : 11.11.2019 / 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)-2 CHENNAI DA TED 04.01.2018 AND PERTAINS TO ASSESSMENT YEAR 2013-14. 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.1406/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 AFTER CONCLUSION OF HEARING ON 11 TH NOVEMBER 2019 AT CHENNAI. SD/- SD/- ( !' #) ( . . . ) (RAMIT KOCHAR) (N.R.S. GANESAN) % / ACCOUNTANT MEMBER /JUDICIAL MEMBER /CHENNAI 5 /DATED THE 11 TH NOVEMBER 2019. KRI. 0 .' 6 76*' /COPY TO: 1. - /APPELLANT 2. ./ - /RESPONDENT 3. 2 8' () /CIT(A)-2 CHENNAI-34 4. PRINCIPAL CIT CHENNAI-1 CHENNAI 5. 69 .' /DR 6. ) : /GF.