DY CIT 10(1)(2), MUMBAI vs. M/S KANADE ANAND UDYOG PVT LTD., MUMBAI

PDF · subscribers
ITA 580/MUM/2020Status: DisposedITAT Mumbai25 August 2021AY 2013-143 pages

In favour of the assessee: the Revenue's appeal was dismissed. From the AI summary of this appeal.

AI SummaryDismissed

What did the Tribunal hold?

The Tribunal found that the appeal was not maintainable as the tax effect was below the monetary limit prescribed by the CBDT circular. Therefore, the appeal was dismissed.

What were the facts?

The Revenue filed an appeal before the ITAT. The assessee's representative submitted that the appeal was not maintainable due to low tax effect, below the threshold specified in CBDT Circular No. 17/2019.

What were the issues?

The primary issue was whether the Revenue's appeal was maintainable given the low tax effect as per the CBDT circular.

Which sections of the Income-tax Act were involved?

CBDT Circular No. 17/2019

AI-generated summary — verify with the full judgment below

Income Tax Appellate Tribunal, “H” BENCH, MUMBAI

Before: HON’BLE SHRI VIKAS AWASTHY, JM & HON’BLE SHRI MANOJ KUMAR AGGARWAL, AM

For Appellant: Ms. Vinita Shah– Ld. AR
For Respondent: Shri Ashish Heliwal– Ld. Sr. DR, Ms. Vinita Shah– Ld. AR

आयकर अपीलीय अधिकरण “एच” न्यायपीठ म ुंबई में। IN THE INCOME TAX APPELLATE TRIBUNAL “H” BENCH, MUMBAI माननीय श्री विकास अिस्थी, न्यावयक सदस्य एवं माननीय श्री मनोज कुमार अग्रवाल ,लेखा सदस्य के समक्ष। BEFORE HON’BLE SHRI VIKAS AWASTHY, JM AND HON’BLE SHRI MANOJ KUMAR AGGARWAL, AM (Hearing through Video Conferencing Mode) आयकरअपील सं./ (धििाारण वर्ा / Assessment Year: 2013-14) DCIT-10(1)(2) M/s Kanade Anand Udyog Pvt. Ltd. 6th floor, R. No. 623 Kanade House, Plot No. 148 बिाम Aayakar Bhavan, M. K. Road (Inside Sahar Cargo Industrial Estate) / Vs. Churchgate, Mumbai-400 020 D. P. Road, J. B. Nagar, Andheri(East), Mumbai-400 099 स्थायीलेखासं./ जीआइआरसं./ PAN/GIR No. AACCK-6061-E (अपीलाथी/Appellant) (प्रत्यथी / Respondent) : Revenue by : Shri Ashish Heliwal– Ld. Sr. DR Assessee by : Ms. Vinita Shah– Ld. AR सुनवाई की तारीख/ : 23/08/2021 Date of Hearing घोषणा की तारीख / : 25/08/2021 Date of Pronouncement आदेश / O R D E R Manoj Kumar Aggarwal (Accountant Member)

Recent GST High Court judgments

Search GST case law →