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 8]

Income Tax Appellate Tribunal - Delhi

Addl.Cit, Special Range-8, New Delhi vs Statestreet Hcl ... on 2 November, 2021

          IN THE INCOME TAX APPELLATE TRIBUNAL
               (DELHI BENCH "B", NEW DELHI)

              (Through Video Conferencing)

                              BEFORE

     SHRI CHANDRA MOHAN GARG, JUDICIAL MEMBER
                        and
   SHRI ANADEE NATH MISSHRA , ACCOUNTANT MEMBER


            ITA No. 3280/Del./2018, A.Y. : 2013-14


Addl. CIT,                      Vs   M/s. Statestreet HCL Services
Special Range-8                      (India) P. Ltd.,
New Delhi                            806, Siddharth, 96,
                                     Nehru Place,
                                     New Delhi-110019

(APPELLANT)                          (RESPONDENT)
(PAN : AAQCS8148G


                  Revenue by : Sh. K.A.Manu, Sr. DR

                  Assessee by : Sh. Aditya Vohra, Adv.,
                                Sh. Arpit Goyal ,CA


Date of Hearing: 02.11.2021      Date of Pronouncement: 02.11.2021



                              ORDER

PER CHANDRA MOHAN GARG, JUDICIAL MEMBER :

This is an appeal by the department against the order dated 15/02/2018 of CIT(A)-31, New Delhi for AY 2013-14.

2 ITA No.3280/Del./2018

2. Perusal of the aforesaid appeal filed by the Revenue apparently show that the same is having low tax effect as per CBDT Circular No.17/2019 dated 8th August, 2019 vide which the Revenue has been directed not to prefer any appeal in case the tax effect is less than Rs.50,00,000/- and this factual position has been fairly conceded by the Ld. D.R. The Ld. A.R. contended that the appeal of the Revenue may be dismissed in the light of CBDT Circular (supra).

3. We have heard the parties on the issue in controversy and perused the material on record. Perusal of CBDT Circular (supra) shows that monetary limit for filing the appeal by the Department before the Tribunal, Hon'ble High Court and Hon'ble Supreme Court has been revised.

4. In view of the CBDT Circular No.17/2019 dated 8th August, 2019 having retrospective effect as coordinate Bench of the Tribunal in case of Dinesh Madhavlal Patel [TS-469-ITAT-2019(Ahd)] 2019-TIOL-1556-ITAT-AHM dated 14th August, 2019 has already decided the issue as to the applicability of the captioned circular to the pending appeals in affirmative and what has been discussed above, we are of the considered view that the aforesaid appeal is not maintainable because of low tax effect i.e. less than Rs.50,00,000/- hence, the aforesaid appeals filed by the Revenue is hereby dismissed having been become infructuous. However, in case, the present appeal is found to be maintainable at any stage 3 ITA No.3280/Del./2018 for any technical reasons, the Department shall be at liberty to seek recall of this order under relevant provisions of law. Order pronounced in open court on this 2nd day of November, 2021.

      Sd/-                                       Sd/-

(ANADEE NATH MISSHRA)                   (CHANDRA MOHAN GARG)
 ACCOUNTANT MEMBER                         JUDICIAL MEMBER
*Binita*
Dated : 02/11/2021
Copy forwarded to:
     1.Appellant
     2.Respondent
     3.CIT
     4.CIT(A), New Delhi.
     5.CIT(ITAT), New Delhi.
                                                     AR, ITAT
                                                     NEW DELHI.