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[Cites 1, Cited by 1]

Income Tax Appellate Tribunal - Delhi

Fab Fininvest (India) Ltd, New Delhi vs Department Of Income Tax on 25 April, 2016

                       IN THE INCOME TAX APPELLATE TRIBUNAL
                           DELHI BENCH: 'B' NEW DELHI
           BEFORE SHRI J. SUDHAKAR REDDY, ACCOUNTANT MEMBER
                                          AND
                       SMT SUCHITRA KAMBLE, JUDICIAL MEMBER
                                I.T.A .No. 2047/DEL/2010
                              (ASSESSMENT YEAR-2007-08)


     ITO                                     Vs   Fab Fininvest (India) Ltd.
     Ward-11(3), Room No. 374A,                   29A Main Bazar,
     C R Building,                                Village Patparganj
     New Delhi-110 002                            New Delhi-110 091
     (APPELLANT)                                  AAACF0387L
                                                  (RESPONDENT)


                 Appellant by      None
                 Respondent by     Sh. Rakesh Seghal, CA

                     Date of Hearing          25.04.2016
                     Date of Pronouncement     25.04.2016

                                    ORDER

PER SUCHITRA KAMBLE, JM

This is an appeal filed by the Revenue. The Revenue sought an adjournment by way of an application. But the Ld. AR pointed that the tax effect in this appeal is less than Rs. 10 Lakhs. Therefore, the application for adjournment is rejected.

2. In terms of CBDT Circular No.21/2015 dated 10th December,2015, F.No. 279/Misc./142/2007-ITJ(Pt.) read with S.268 A of the Income Tax Act 1961, this appeal by the Revenue should have been withdrawn or should not be pressed by the Revenue. In view of the above this appeal by the Revenue is dismissed in limini.

3. In the result Revenue's appeal is dismissed in limini.

Order pronounced in the Open Court On 25th April, 2016.

              Sd/-                                               Sd/-

(J. SUDHAKAR REDDY)                                    (SUCHITRA KAMBLE)
ACCOUNTANT MEMBER                                       JUDICIAL MEMBER

Dated:    25/04/2016

R. Naheed *

Copy forwarded to:

1.                         Appellant
2.                         Respondent
3.                         CIT
4.                         CIT(Appeals)
5.                         DR: ITAT




                                                  ASSISTANT REGISTRAR

                                                      ITAT NEW DELHI
                                              Date

1.    Draft dictated on                   25/04/2016 PS

2.    Draft placed before author          25/04/2016 PS

3.    Draft proposed & placed before           .2016   JM/AM
      the second member

4.    Draft discussed/approved       by                JM/AM
      Second Member.

5.    Approved Draft comes to the                      PS/PS
      Sr.PS/PS                    27.04.2016

6.    Kept for pronouncement on                        PS

7.    File sent to the Bench Clerk        27.04.2016   PS

8. Date on which file goes to the AR

9. Date on which file goes to the Head Clerk.

10. Date of dispatch of Order.