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Income Tax Appellate Tribunal - Chennai

Dcit Corporate Circle 1(1), Chennai vs A.V.Thomas Leather And Allied Products ... on 21 January, 2019

                     आयकर अपीलीय अिधकरण, ''बी''     ायपीठ, चे ई
      IN THE INCOME-TAX APPELLATE TRIBUNAL 'B' BENCH, CHENNAI
         ी ए. मोहन अलंकामणी, लेखा सद एवं ी धु ु आर.एल रे ी, ाियक सद के सम
              Before Shri A. Mohan Alankamony, Accountant Member &
                       Shri Duvvuru RL Reddy, Judicial Member

                     आयकर अपील सं./I.T.A.No.2309/Chny/2018
                      िनधारण वष/Assessment Year: 2014-15

The Deputy Commissioner of                      M/s. A.V. Thomas Leather and Allied
Income Tax,                                Vs. Products Pvt. Ltd., No. 22, Marshalls
Corporate Circle 1(1),                          Road, Egmore, Chennai 600 008.
Chennai 600 034.
                                                [PAN: AAACA6246K]

           (अपीलाथ /Appellant)                              (     थ /Respondent)

          अपीलाथ की ओर से / Appellant by    :   Shri B. Sagadevan, JCIT
                थ की ओर से/Respondent by    :   Shri Sanjeev Aditya, C.A.
       सु नवाई की तारीख/ Date of hearing    :   08.01.2019
घोषणा की तारीख /Date of Pronouncement       :   21.01.2019

                                 आदे श /O R D E R

 PER DUVVURU RL REDDY, JUDICIAL MEMBER:

This appeal filed by the Revenue is directed against the order of the Commissioner of Income Tax (Appeals) 1, Chennai dated 21.05.2018 relevant to the assessment year 2014-15.

2. At the time of hearing the ld. Counsel for the assessee has submitted that the tax effect in the appeal filed by the Revenue is less than the monetary limit of ₹.20,00,000/- fixed by the CBDT to file an appeal by the Revenue before the Tribunal as per the CBDT Circular No. 03/2018, dated 11.07.2018. The ld. DR fairly conceded the submissions made by the ld. 2 I.T.A. No. 2309/Chny/18 Counsel for the assessee. Being so, the Revenue authorities are precluded from filing the appeal before the Tribunal, since the tax effect is less than ₹.20,00,000/- in this appeal. Accordingly, the appeal filed by the Revenue is dismissed as un-admitted.

3. In the result, the appeal filed by the Revenue is dismissed.

Order pronounced on the 21st January, 2019 at Chennai.

Sd/-                                                              Sd/-
(A.MOHAN ALANKAMONY)                               (DUVVURU RL REDDY)
ACCOUNTANT MEMBER                                     JUDICIAL MEMBER

Chennai, Dated, 21.01.2019
Vm/-

आदे श की ितिलिप अ ेिषत/Copy to: 1. अपीलाथ /Appellant, 2. थ / Respondent, 3. आयकर आयु (अपील)/CIT(A), 4. आयकर आयु /CIT, 5. िवभागीय ितिनिध/DR & 6. गाड फाईल/GF.