INCOME TAX OFFICER, BARGARH vs. TAMPERSARA SERVICE CO-OPERATIVE SOCIETY LIMITED, TAMPERSARA
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Income Tax Appellate Tribunal, IN THE INCOME TAX APPELLATE TRIBUNAL,
Before: MANISH AGARWAL
IN THE INCOME TAX APPELLATE TRIBUNAL, IN THE INCOME TAX APPELLATE TRIBUNAL, IN THE INCOME TAX APPELLATE TRIBUNAL, CUTTACK BENCH, CUTTACK BEFORE BEFORE SHRI GEORGE MATHAN, JUDICIAL JUDICIAL MEMBER AND MANISH AGARWAL MANISH AGARWAL, ACCOUNTANT MEMBER , ACCOUNTANT MEMBER ITA No.297/CTK/2024 Assessment Year : 2021-2022 2022 Income Income Tax Tax Officer, Officer, Vs. Tampersara Tampersara Service Service Co Co- Baragarh operative Society Limited, operative Society Limited, At: At: Tampersara, Tampersara, PO: PO: Kadobahal, Dist: Bargarh Kadobahal, Dist: Bargarh PAN/GIR No. No.AACAT 1500 F (Appellant (Appellant) .. ( Respondent Respondent) Assessee by : Shri Narayan Dash, Adv Narayan Dash, Adv Revenue by : Shri S.C.Mohanty, Sr S.C.Mohanty, Sr DR Date of Hearing : 10/9 9/2024 Date of Pronouncement : 10/9 /9/2024 O R D E R Per Bench This is an appeal filed by the revenue against the order of the against the order of the ld CIT(A), NFAC, Delhi dated 22.5.2024 CIT(A), NFAC, Delhi dated 22.5.2024 in Appeal No. in Appeal No.NFAC/2020- 21/10212222 for the assessment year 2021-22.
Shri Narayan Dash, Narayan Dash, ld AR appeared for the assessee and Shri the assessee and Shri S.C.Mohanty, Sr. S.C.Mohanty, Sr. DR appeared for the revenue.
At the very outset, ld At the very outset, ld AR has submitted that the tax effect in the AR has submitted that the tax effect in the present appeal is below the monetary limit prescribed by the CBDT vide present appeal is below the monetary limit prescribed by the CBDT vide present appeal is below the monetary limit prescribed by the CBDT vide
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circular No.17/2019 dated 8.8.2019, therefore, the appeal filed by the revenue be dismissed.
It is noticed that the revenue has filed this appeal at the direction of the Pr. CIT, Sambalpur, which reads as follows:
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ITA No.297/CTK/2024 Assessment Year : 2021-2022
A perusal of the assessment records shows that the tax effect is below the prescribed limited fixed by the CBDT vide circular BNo.17/2019 (supra). The direction of the Pr. CIT also does not give any specific reason for exclusion of the issues as per the Board Circular in respect of tax effect. Consequently, the appeal of the revenue stands dismissed on account of tax effect.
In the result, appeal of the revenue stands dismissed.
Order dictated and pronounced in the open court on 10/9/2024.
Sd/- sd/- (Manish Agarwal) (George Mathan) ACCOUNTANT MEMBER JUDICIAL MEMBER Cuttack; Dated 10/9/2024 B.K.Parida, SPS (OS) Copy of the Order forwarded to : 1. The appellant: Income Tax Officer, Baragarh 2. The Respondent: Tampersara Service Co- operative Society Limited, At: Tampersara, PO: Kadobahal, Dist: Bargarh 3. The CIT(A)- NFAC, Delhi 4. Pr.CIT, Sambalpur 5. DR, ITAT, 6. Guard file. //True Copy// By order
Sr.Pvt.Secretary ITAT, Cuttack
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