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 1, Cited by 2]

Income Tax Appellate Tribunal - Amritsar

The Income Tax Officer, Amritsar. vs Sh. Jugal Kishore Sharma S/O Sh. Sat Pal ... on 26 August, 2019

          IN THE INCOME TAX APPELLATE TRIBUNAL
                AMRITSAR BENCH, AMRITSAR
     BEFORE SH. B. R. BASKARAN, ACCOUNTANT MEMBER
       AND SH. N. K. CHOUDHRY, JUDICIAL MEMBER


                      I.T.A. No. 121/Asr/2015
                      Assessment Year: 2003-04

Income Tax Officer,            vs.   M/s Shiv Om Prints, Ajnala Road,
Ward-5(4), Amritsar                  Amritsar
                                     [PAN: AAJFS 5133K]
    (Appellant)                        (Respondent)


                       I.T.A. No. 543/Asr/2016
                      Assessment Year: 2007-08

Income Tax officer,            vs.   Sh. Jugal Kishore Sharma
Ward-5(2), Amritsar                  S/o Sat Pal Sharma Opp. Central
                                     Jail Ajnala Road, Amritsar 143001
                                     [PAN: AFNPK 8632A]
    (Appellant)                        (Respondent)




                       I.T.A. No. 197/Asr/2016
                      Assessment Year: 2011-12

Income Tax Officer             vs.   Sh. Vikram Joshi, S/o Sh. S. K.
Ward-3, Pathankot                    Joshi V&PO Bungal, Pathankot
                                     [PAN: AIHPJ 2553N]
    (Appellant)                        (Respondent)
                                           2




                                 I.T.A. No. 410/Asr/2014
                                Assessment Year: 2010-11

      Assistant Commissioner of           vs.    M/s Leh Nutrition Project Khan
      Income Tax, Circle Srinagar,               Manzil, Leh Ladakh
      Kashmir                                    [PAN: AAATL 7606F]
             (Appellant)                           (Respondent)


                    Appellants by: Sh. Charan Dass           (D.R.)

                    Respondents by : S/Sh. Padam Bahl (C.A.), J. S. Bhasin
              (Adv), & Tarun Bansal (Adv)

                         Date of Hearing: 26.08.2019
                  Date of Pronouncement: 26.08.2019


                                      ORDER

Per Bench:

The Revenue Department has preferred the captioned appeals against the orders impugned herein passed by the Ld. CIT(A) in the captioned matter u/s 250(6) of the Act, 1961 (hereinafter called as the 'Act').

2. At the outset it is observed that tax effect involved in the appeals under consideration individually is not more than 50 lacs, hence the instant appeals are liable to be dismissed as not maintainable, in view of the latest CBDT Circular No.17/2019, dated 08.08.2019 whereby the Revenue Department is precluded from filing the appeals(s)before appellate tribunal against the order (s) of CIT(A), in which the tax effect does not exceed Rs. 50,00,000/- as specified in the Circular and the CBDT Clarification dated 20th August 2019 whereby it is clarified that 3 revised monetary limits so mentioned in the circular 17/2019 is applicable to all pending SLPS/Appeals/Cross Objections/References.

3. However the liberty is granted to the Revenue Department to seek recall of the order, in case it realize that the captioned appeal falls within the exception as prescribed in Circular No.03/2018 (supra) and/or having involved the tax effect more than Rs. 50 lacs.

4. In the result, the appeals under consideration filed by the Revenue Department stands dismissed as withdrawn.

Order pronounced in the open court on August 26, 2019 Sd/- Sd/-

          (N. K. Choudhry)                           (B. R. Baskaran)
          Judicial Member                           Accountant Member
Date: 26.08.2019
/GP/Sr. Ps.
Copy of the order forwarded to:
  (1) The Appellants:
  (2) The Respondents:
  (3) The CIT(Appeals)
  (4) The CIT concerned
  (5) The Sr. DR, I.T.A.T

                                        True Copy
                                               By Order