Income Tax Appellate Tribunal - Kolkata
M/S. Prakash Ply Exim Pvt. Ltd., Kolkata vs Acit, C.C.-3(3), Kolkata, Kolkata on 30 April, 2019
IN THE INCOME TAX APPELLATE TRIBUNAL
KOLKATA BENCH "A", KOLKATA
BEFORE SH. J.SUDHAKAR REDDY, ACCOUNTANT MEMBER &
SH.S.S.VISWANETHRA RAVI, JUDICIAL MEMBER
IT(SS)A No.96/KOL/2017
(ASSESSMENT YEAR-2010-11)
ACIT, M/s. Prakash Ply Exim
vs
Central Circle-3(3), Pvt.Ltd., 67/10, Strand Road,
Kolkata-700107. Kolkata-700006.
PAN-AAECP0837D
(Appellant) (Respondent)
C.O.No.-111/Kol/2017
[In IT(SS)A No.-96/KOL/2017]
(ASSESSMENT YEAR-2010-11)
M/s. Prakash Ply Exim vs DCIT,
Pvt.Ltd., 67/10, Strand Central Circle-3(3),
Road, Kolkata-700006. Kolkata-700107.
PAN-AAECP0837D
(Appellant) (Respondent)
Appellant by Sh. A.K.Kedia, CIT DR
Respondent by Sh. S.M.Surana, Adv.
Date of Hearing 04.02.2019
Date of Pronouncement 30.04.2019
ORDER
PER S.S. VISWANETHRA RAVI, JUDICIAL MEMBER
This appeal filed by the Revenue and Cross-objection filed by the assessee against the order dated 29.05.2017 passed by CIT(A)-21, Kolkata for AY 2010-11.
First we take up IT(SS)A No.96/Kol/2017.
IT(SS)A No.96/KOL/2017 (ASSESSMENT YEAR-2010-11)
2. In the relevant appeal, the undisputed fact is that the tax effect does not exceed the monetary limit of Rs.20,00,000/-, fixed by the CBDT Circular No.3/2018, F.No.0279/Misc.142/2007-ITJ(Pt), dated 11th July, 2018.
C.O.No.-111/Kol/2017 & IT(SS)A No.-96/KOL/2017 (ASSESSMENT YEAR-2010-11)
3. As mandated by this above referred Circular No.3/2018, the appeal of the Revenue is dismissed as withdrawn.
C.O.No.-111/Kol/2017 [In IT(SS)A No.-96/KOL/2017]
4. The Ld.AR submitted that the cross-objection filed by the assessee may be dismissed as not pressed. Accordingly the cross-objection is dismissed as not pressed.
6. In the result, the appeal of the Revenue and cross-objection of the assessee are dismissed.
Order pronounced in the open court on 30.04.2019.
Sd/- Sd/- (J.SUDHAKAR REDDY) (S.S.VISWANETHRA RAVI) ACCOUNTANT MEMBER JUDICIAL MEMBER [ Date:- 30.04.2019 *Amit Kumar* Copy forwarded to:
1. Appellant- ACIT, Central Circle-3(3), Kolkata-700107.
2. Respondent- M/s. Prakash Ply Exim Pvt.Ltd., 67/10, Strand Road, Kolkata-700006.
3. CIT-Kolkata
4. CIT(Appeals)-Kolkata
5. DR: ITAT -Kolkata Benches By order AR/H.O.O ITAT, KOLKATA Page | 2