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Income Tax Appellate Tribunal - Ahmedabad

Dy.Cit, Circle-8,, Ahmedabad vs Sheetal Kaushik Majithia,, Ahmedabad on 2 March, 2017

       IN THE INCOME TAX APPELLATE TRIBUNAL
                    AHMEDABAD "D" BENCH

(BEFORE SHRI N.K. BILLAIYA, ACCOUNTANT MEMBER
      & SHRI MAHAVIR PRASAD, JUDICIAL MEMBER)

                         ITA. No: 2925/AHD/2013
                        (Assessment Year: 2010-11)


     Dy.    Commissioner of V/S Smt.    Sheetal  Kaushik
     Income Tax, Circle-8,      Majithia,   C/o.   Urmin
     Ahmedabad                  Products Pvt. Ltd. Urmin
                                House, Beside HOF, Nr.
                                Sindhu    Bhavan,    S.G.
                                Highway, Ahmedabad
     (Appellant)                 (Respondent)


                           PAN: ACLPM5691A


       Appellant by        : Shri Ashish Pophare, Sr. D.R.
       Respondent by       : Shri Aseem Thakkar, A.R.

                                (आदे श)/ORDER

Date of hearing              : 28 -02-2017
Date of Pronouncement        : 02-03-2017

PER N.K. BILLAIYA, ACCOUNTANT MEMBER:

1. This appeal by the Revenue is preferred against the order of the Ld. CIT(A)- XIV, Ahmedabad dated 10.09.2013 pertaining to A.Y. 2010-11.

2 ITA No. 2925/Ahd/2013

. A.Y. 2010-11

2. The only grievance of the revenue is that the ld. CIT(A) erred in deleting the addition of Rs. 10,98,301/- made on account of interest u/s. 57(iii) of the Act.

3. A perusal of the aforementioned grievance of the revenue clearly shows that the tax effect involved in the impugned appeal is less than Rs. 10 lacs.

4. This appeal by the revenue has to be dismissed in the light of the CBDT Circular No. 21 of 2015 dated 10.12.2015. Accordingly, the appeal of the Revenue is dismissed.



                Order pronounced in Open Court on      02 - 03- 2017


                  Sd/-                                                 Sd/-
 (MAHAVIR PRASAD)                                          (N. K. BILLAIYA)
 JUDICIAL MEMBER       True Copy                         ACCOUNTANT MEMBER

Ahmedabad: Dated 02 /03/2017 Rajesh Copy of the Order forwarded to:-

1. The Appellant.
2. The Respondent.
3. The CIT (Appeals) -
4. The CIT concerned.
5. The DR., ITAT, Ahmedabad.
6. Guard File.

By ORDER Deputy/Asstt.Registrar ITAT,Ahmedabad