Appeal Details
| RSA Number | 93420514 RSA 2014 |
|---|---|
| Assessee PAN | AAICS2001G |
| Bench | Ahmedabad |
| Appeal Number | ITA 934/AHD/2014 |
| Duration Of Justice | 2 year(s) 5 month(s) 27 day(s) |
| Appellant | The DCIT, Circle-3,, Ahmedabad |
| Respondent | M/s. Monarch Comtrtade Pvt. Ltd.,, Ahmedabad |
| Appeal Type | Income Tax Appeal |
| Pronouncement Date | 29-09-2016 |
| Appeal Filed By | Department |
| Order Result | Dismissed |
| Bench Allotted | C |
| Tribunal Order Date | 29-09-2016 |
| Date Of Final Hearing | 28-09-2016 |
| Next Hearing Date | 28-09-2016 |
| Assessment Year | 2009-2010 |
| Appeal Filed On | 02-04-2014 |
| Judgment Text |
IN THE INCOME TAX APPELLATE TRIBUNAL AHMEDABAD C BENCH (BEFORE SHRI N.K. BILLAIYA ACCOUNTANTMEMBER & SHRI MAHAVIR PRASAD JUDICIAL MEMBER) ITA. NO: 934/AHD/2014 & C.O. NO. 141/AHD/14 (ASSESSMENT YEAR: 2009-10) DY. COMMISSIONER OF INCOME TAX CIRCLE-3 AHMEDABAD M/S. MONARCH COMTRTADE PRIVATE LIMITED MONARCH HOUSE NEAR ISHWARBHUVAN H.L. COMMERCE COLLEGE SIX ROADS NAVRANGPURA AHMEDABAD-380009 V/S V/S M/S. MONARCH COMTRTADE PRIVATE LIMITED MONARCH HOUSE NEAR ISHWARBHUVAN H.L. COMMERCE COLLEGE SIX ROADS NAVRANGPURA AHMEDABAD-380009 DY. COMMISSIONER OF INCOME TAX CIRCLE-3 AHMEDABAD (APPELLANT) (RESPONDENT) PAN: AAICS2001G APPELLANT BY : SHRI PRASOON KABRA SR. D. R. RESPONDENT BY : SHRI MRUNAL N. SHAH ( )/ ORDER DATE OF HEARING : 28 -09-201 6 DATE OF PRONOUNCEMENT : 29 -09-2016 ITA NO. 934/AHD/14 & C.O. NO. 141/AHD/14 . A.Y. 2009-10 2 PER N.K. BILLAIYA ACCOUNTANT MEMBER: 1. ITA NO. 934/AHD/2014 & C.O. NO. 141/AHD/2014 ARE AP PEAL OF THE REVENUE AND CROSS OBJECTION OF THE ASSESSEE FILED A GAINST THE VERY SAME ORDER OF THE LD. CIT(A)-II AHMEDABAD DATED 02 .01.2014 PERTAINING TO A.Y. 2009-10. 2. BOTH THESE APPEALS WERE HEARD TOGETHER AND ARE DISP OSED OF BY THIS COMMON ORDER FOR THE SAKE OF CONVENIENCE. 3. THE ONLY GRIEVANCE OF THE REVENUE RELATES TO THE DE LETION OF THE DISALLOWANCE OF THE BAD DEBTS AMOUNTING TO RS. 13 5 5 731/-. 4. THE QUANTUM INVOLVED IN THIS GRIEVANCE OF THE REVEN UE ITSELF SHOWS THAT THE TAX EFFECT WOULD BE LESS THAN RS. 10 LACS. THEREFORE THIS APPEAL BY THE REVENUE HAS TO BE DISMISSED IN THE LI GHT OF THE CBDT CIRCULAR NO. 21 OF 2015 DATED 10.12.2015 WHEREIN TH E CBDT HAS FIXED THE MONETARY LIMIT FOR FILING THE APPEAL BEFORE THE APPELLATE TRIBUNAL IS MORE THAN RS. 10 LACS. APPEAL FILED BY THE REVENUE IS ACCORDINGLY DISMISSED. 5. THE LD. COUNSEL FOR THE ASSESSEE STATED THAT HE IS NOT PRESSING THE CROSS OBJECTION AND THE SAME IS ALSO DISMISSED. ORDER PRONOUNCED IN OPEN COURT ON 29 - 09- 201 6. SD/- SD/- (MAHAVIR PRASAD) (N. K. BILLAIYA) JUDICIAL MEMBER ACCOUNTANT MEMBER AHMEDABAD: TRUE COPY
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