The ACIT,(OSD) Circle-8,, Ahmedabad v. Syndicate Overseas (P) Ltd., Mumbai

ITA 3344/AHD/2010 | 2007-2008
Pronouncement Date: 04-10-2013 | Result: Dismissed

Appeal Details

RSA Number 334420514 RSA 2010
Assessee PAN AAHCS0778D
Bench Ahmedabad
Appeal Number ITA 3344/AHD/2010
Duration Of Justice 2 year(s) 9 month(s) 18 day(s)
Appellant The ACIT,(OSD) Circle-8,, Ahmedabad
Respondent Syndicate Overseas (P) Ltd., Mumbai
Appeal Type Income Tax Appeal
Pronouncement Date 04-10-2013
Appeal Filed By Department
Order Result Dismissed
Bench Allotted B
Tribunal Order Date 04-10-2013
Date Of Final Hearing 12-09-2013
Next Hearing Date 12-09-2013
Assessment Year 2007-2008
Appeal Filed On 16-12-2010
Judgment Text
B IN THE INCOME TAX APPELLATE TRIBUNAL AT AHMEDABAD B BENCH . .. . . .. . !' !' !' !' #$ #$ #$ #$ %& %& %& %& &' &' &' &' ( & ' ( & ' ( & ' ( & ' BEFORE S/SHRI G.C. GUPTA VICE-PRESIDENT AND TEJ RAM MEENA ACCOUNTANT MEMBER) ITA NO.3344/AHD/2010 [ASSTT.YEAR : 2007-2008] ACIT (OSD) CIR.8 AHMEDABAD. /VS. SYNDICATE OVERSEAS P. LTD. 95-96 GOVT. INDL. ESTATE HINDUSTAN NAKA CHARKOP KANDIVALI (W) MUMBAI 67. PAN : AAHCS 0778 D ( (( (*+ *+ *+ *+ / APPELLANT) ( (( ( -*+ -*+ -*+ -*+ / RESPONDENT) ( . / &/ REVENUE BY : SHRI P.L. KUREEL SR-DR 1% . / &/ ASSESSEE BY : SHRI SUNIL TALATI 2 . %3'/ DATE OF HEARING : 12 TH SEPTEMBER 2013. 456 . %3'/ DATE OF PRONOUNCEMENT : 04/10/2013 &7 / O R D E R PER G.C. GUPTA VICE-PRESIDENT: THIS APPEAL OF THE REVENUE FOR THE ASSESSMENT YEAR 2007-2008 IS DIRECT ED AGAINST THE ORDER OF THE CIT(A)-XIV AHMEDABAD DATED 20.9.2010. ITA NO.3344/AHD/2010 -2 2. AT THE OUTSET THE LEARNED COUNSEL FOR THE ASSES SEE POINTED OUT THAT THE DISPUTED TAX EFFECT IN THIS APPEAL OF THE REVENUE IS LESS THAN THE RS.3 LAKHS AND THEREFORE THE PRESENT APPEAL IS NOT MAINTAINABLE. HE HAS FILED A CALCULATION SHEET SHOWING THE COMPUT ATION OF TAX EFFECT ON DISPUTED ADDITION OF RS.2 19 325/-. THE LEARNED DR COULD NOT CONTROVERT THE SUBMISSIONS OF THE LEARNED COUNSEL O F THE ASSESSEE. HOWEVER HE HAS RELIED ON THE ORDER OF THE AO. WE HAVE CONSIDERED RIVAL SUBMISSIONS. AS THE DISPUTED TAX EFFECT IN T HIS CASE IS LESS THAN RS.3 LAKHS THE MONETARY LIMIT PRESCRIBED BY THE CB DT FOR FILING THE APPEAL BEFORE THE TRIBUNAL WE ARE OF THE VIEW THAT THE PRESENT APPEAL PREFERRED BY THE REVENUE IS NOT MAINTAINABLE AND A CCORDINGLY DISMISSED IN LIMINE . 3. IN THE RESULT THE APPEAL OF THE REVENUE IS DISM ISSED. ORDER PRONOUNCED IN OPEN COURT ON THE DATE MENTIONE D HEREINABOVE. SD/- SD/- ( %& %& %& %& / TEJ RAM MEENA) &' ( &' ( &' ( &' ( /ACCOUNTANT MEMBER ( . .. . . .. . /G.C. GUPTA) !' !' !' !' /VICE-PRESIDENT C OPY OF THE ORDER FORWARDED TO: 1) : APPELLANT 2) : RESPONDENT 3) : CIT(A) 4) : CIT CONCERNED 5) : DR ITAT. BY ORDER DR/AR ITAT AHMEDABAD