THE INCOME-TAX OFFICER,, SRINAGAR vs. M/S. TARIQ ENGINEERING WORKS,, KASHMIR

IN THE INCOME TAX APPELLATE TRIBUNAL AMRITSAR BENCH, AMRITSAR BEFORE SH. SANJAY ARORA, ACCOUNTANT MEMBER AND SH. N.K.CHOUDHRY, JUDICIAL MEMBER ITA No.10(Asr)/2014 Assessment Year:2007-08

Income Tax Officer, Vs. M/s Tariq Engineering Works, Ward-3(3), Srinagar Karalhar, Baramulla, Kashmir (J&K) [PAN:AAEFT 0995K] (Appellant) (Respondent) Appellant by: Sh. Charan Dass (Ld. DR) Respondent by: Sh. Sudhir Sehgal Date of hearing: 28.03.2019 Date of pronouncement: 28.03.2019 ORDER PER N.K. CHOUDHRY The instant appeal has been preferred by the Revenue Department against the order dated 09.10.2013 passed by the Ld. CIT(A)-Jammu, u/s 250(6) of the I.T. Act, 1961 (hereinafter called as ‘the Act’). 2. At the time of hearing, it is seen that the tax effect involved in this appeal of the Revenue Department is less than Rs.20 lacs, hence, the present appeal filed by the Revenue Department is liable to be dismissed, as the same is not maintainable, in view of the latest CBDT Instruction No.03 of 2018, dated 11.07.2018.

ITA No.10(Asr)/2014 (A.Y.2007-08) 2 ITO v. Tariq Engineering Works

Instruction is applicable retrospectively. Therefore, the aforesaid appeal can not survive any longer. Accordingly, the appeal filed by the Revenue Department is dismissed as not maintainable. 4. In the result, the appeal filed by the Revenue Department is dismissed. Order pronounced in the open Court on 28.03.2019.

Sd/- Sd/- (SANJAY ARORA) (N.K.CHOUDHRY) ACCOUNTANT MEMBER JUDICIAL MEMBER Dated: 11.03.2019 /PK/ Ps. Copy of the order forwarded to: (1) Sh. M/s Tariq Engineering Works, Karalhar, Baramulla, Kashmir (J&K) (2) The ITO, Ward-3(3), Srinagar (3) The CIT(A)-Jammu (4) The CIT concerned (5) The SR DR, I.T.A.T., Amritsar