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Income Tax Appellate Tribunal, GUWAHATI BENCH, “E
Before: Shri A. T. Varkey, JM & Dr. A. L. Saini, AM]
ORDER
Per Shri A.T.Varkey, JM
This is an appeal preferred by the revenue against the order of Ld. CIT(A), Guwahati-2, Guwahati dated 30.03.2017 for Ay 2011-12.
This is the second round of appeal. In the first round the Tribunal by order dated 19.01.2018 had mistakenly noted that the tax effect involved in this revenue appeal was less than Rs. 10 lacs and consequently it was dismissed. By M.A No. 08/Gau/2018 it was listed today i.e. on 12.06.2020 when we recalled the order and fixed the appeal for hearing again. 3. We note that the revenue has contended that the tax effect in this case is Rs.23,85,571/-. So, we note that this appeal also cannot survive in the light of the latest CBDT Circular No.17/2019 dated 08.08.2019 wherein the tax effect has been raised from Rs. 10 lacs to Rs. 50 lacs, therefore, this appeal of the revenue since it is hit by the latest circular (supra), we are inclined to dismiss the revenue’s appeal for this reason. 3. In the result, the appeal of revenue is dismissed. Order is pronounced in the open court on 17th June, 2020. Sd/- Sd/- (Dr. A. L. Saini) (Aby. T. Varkey) Accountant Member Judicial Member Dated :17th June, 2020 Jd.(Sr.P.S.)
2 Burogohain Tea Co. Ltd., AY- 2011-12 Copy of the order forwarded to:
1. 1. Appellant – DCIT, Circle-4, Guwahati 2 Respondent – M/s. Burogohain Tea Co. Ltd., Govindapur Tea Estate, Govindapur, Latekujan, Golaghat, Pin-785621.
3. CIT(A)-2, Guwahati CIT-, , Guwahati 4.
DR, ITAT, Guwahati.