INCOME TAX OFFICER, PANIPAT vs. MUSKAN LOOMTEX PRIVATE LIMITED , DELHI

IN THE INCOME TAX APPELLATE TRIBUNAL, DELHI BENCH: "SMC" NEW DELHI

BEFORE SHRI SATBEER SINGH GODARA, JUDICIAL MEMBER

ITA No.1040/Del/2025 Assessment Year: 2019-20

Income Tax Officer, Panipat | Vs. | Muskan Loomtex Private Limited, 548 Mantola, Paharganj, Delhi PAN : AAFCM5758F (Appellant) | (Respondent)

Assessee by | None Department by | Sh. Yogeshwar Sharma, Sr. DR

Date of hearing | 14.05.2025 Date of pronouncement | 14.05.2025

ORDER

This Revenue's appeal for assessment year 2019-20, arises against the Commissioner of Income Tax (Appeals)/National Faceless Appeal Centre [in short, the "CIT(A)/NFAC"], Delhi's DIN and order no. ITBA/NFAC/S/250/2024-25/1071620651(1), dated 27.12.2024 involving proceedings under section 147 r.w.s. 144 of the Income-tax Act, 1961 (hereinafter referred to as 'the Act').

- 2. Case called twice. None appears at the assessee's behest. It is accordingly proceeded ex-parte. - 3. It emerges at the outset with the able assistance coming from the learned Departmental Representative that the total tax effect

involved in this appeal file is less than the minimum tax effect prescribed of Rs.60 lakhs in the CBDT latest Circular No. 9/2024, dated 17.09.2024 with retrospective effect.

- 4. Learned Departmental Representative is indeed very fair in not disputing the fact that the CBDT's foregoing tax effect circular has been made applicable on all pending appeals as well. I thus reject the Revenue's instant appeal for this precise reason subject to all just exceptions. - 5. This Revenue's appeal is dismissed.

Order pronounced in the open court on 14th May, 2025

Sd/- (SATBEER SINGH GODARA) JUDICIAL MEMBER

Dated: 14th May, 2025.

RK/-

Copy forwarded to:

- 1. Appellant 2. Respondent - 3. CIT - 4. CIT(A) - 5. DR

Asst. Registrar, ITAT, New Delhi