Legal Document View

Unlock Advanced Research with PRISMAI

- Know your Kanoon - Doc Gen Hub - Counter Argument - Case Predict AI - Talk with IK Doc - ...
Upgrade to Premium
[Cites 0, Cited by 1]

Income Tax Appellate Tribunal - Delhi

Acit, New Delhi vs Sh. Manoj Kumar Prop., Gurgaon on 2 August, 2019

          IN THE INCOME TAX APPELLATE TRIBUNAL, DELHI 'A' BENCH,
                                NEW DELHI

            BEFORE SHRI N.K. BILLAIYA, ACCOUNTANT MEMBER, AND
                 SHRI SUCHITRA KAMBLE, JUDICIAL MEMBER

                                   ITA No. 1467/DEL/2016
                                [Assessment Year: 2010-11]

ACIT,                                             Sh. Manoj Kumar Prop. 547/1,
Circle-62(1),                                     Bhim Palace, Near Union Bank of India
New Delhi                                         New Railway Road, Gurgaon,
                                                  PAN-AGQPK1786P
                  Appellant                                     Respondent


                Appellant by                       Smt. Rinku Singh
                Respondent by                      None


       Date of Hearing                                            01/08/2019
       Date of Pronouncement                                      02/08/2019

                                             ORDER

PER N.K. BILLAIYA, ACCOUNTANT MEMBER,

This appeal by the Revenue is preferred against the order of the Ld. CIT(A)-20, New Delhi, dated 27/01/2016.

2. The substantive grievance of the Revenue read as under:-

(i) In the facts and circumstances of the case, the Ld. CIT(A) has erred in reducing the addition on a/c of wages paid from Rs.42,16,362/- to Rs.25,11,087/-.
(ii) In the fact and circumstances of the case, the Ld. CIT(A) has erred in deleting the addition of Rs.27,77,244/- on a/c of bonus paid."

3. A perusal of the aforementioned grounds shows that the tax effect would be less than Rs.20 lakhs and therefore this appeal by the Revenue has to be dismissed in the 2 ITA No.1467/Del/2016 light of the CBDT Circular No.03 of 2018. Accordingly, the appeal of the Revenue is dismissed.

The order is pronounced in the open court on 02/08/2019 Sd/- Sd/-

[SUCHITRA KAMBLE] [N.K. BILLAIYA] JUDICIAL MEMBER ACCOUNTANT MEMBER Delhi; Dated: 02/08/2019.

f{x~{tÜ? fÜA P.S Copy forwarded to:

1. Appellant
2. Respondent
3. CIT
4. CIT(A)
5. DR Asst. Registrar, ITAT, New Delhi