JCIT (OSD) (E), C-2, CHANDIGARH vs. M/S S.M. SEHGAL FOUNDATION, GURGAON
आयकर अपीलीय अिधकरण,चǷीगढ़ Ɋायपीठ “बी” , चǷीगढ़
IN THE INCOME TAX APPELLATE TRIBUNAL, CHANDIGARH BENCH “B”, CHANDIGARH
HEARING THROUGH: PHYSICAL MODE
ŵी लिलत कुमार, Ɋाियक सद˟ एवं ŵी कृणवȶ सहाय, लेखा सद˟
BEFORE: SHRI. LALIET KUMAR, JM & SHRI. KRINWANT SAHAY, AM
आयकर अपील सं./ ITA No. 45 /Chd/ 2019
िनधाŊरण वषŊ / Assessment Year : 2013-14
Jt. CIT (O )
(Exemptions), Circle-2, Chandigarh
बनाम
M/s S.M Sehgal Foundation, Plot
No. 34, Sec-44, Industrial Area,
Gurgaon (Haryana)
˕ायी लेखा सं./PAN NO: AABTS7567A
अपीलाथŎ/Appellant
ŮȑथŎ/Respondent
िनधाŊįरती की ओर से/Assessee by :
Smt. Aditi Gupta, C.A &
Shri Vidur Puri, C.A राजˢ की ओर से/ Revenue by :
Shri Ved Parkash Kalia, Sr. DR
सुनवाई की तारीख/Date of Hearing :
13/03/2025
उदघोषणा की तारीख/Date of Pronouncement : 20/03/2025
आदेश/Order
PER LALIET KUMAR, J.M:
This is an appeal filed by the Revenue against the order of the Ld.
CIT(A) -2, Gurgaon dt. 20/10/2018 pertaining to Assessment Year 2013-14. 2. It is noted that the tax effect involved in the present appeal is 50,54,498/-. The calculation as furnished by Ld. AR and not objected by Revenue is as under:
ITA No. 45 /Chd/ 2019
2
Accordingly, in terms of the CBDT Circular No.09/2024 dated 17.09.2024, wherein the Department has specified the monetary limit for an appeal to be filed by the Revenue before the ITAT as Rs. 60 lacs, the appeal so filed by the Revenue is not maintainable.
In view of the above facts and circumstances, the present appeal filed by the Department is dismissed due to low tax effect with a liberty to seek recall in case the matter falls under any of the exceptions so carved out in the aforesaid circular. 4. It is, however, clarified that the dismissal of the above appeal shall not be taken to be affirmation of the order of the CIT(A) on merits. The legal issue raised by the Revenue is being left open to be adjudicated in an appropriate case. 5. In the result the appeal of the Revenue is dismissed.
Order pronounced in the open Court on 20/03/2025 कृणवȶ सहाय
लिलत कुमार
(KRINWANT SAHAY)
(LALIET KUMAR)
लेखा सद˟/ ACCOUNTANT MEMBER Ɋाियक सद˟ /JUDICIAL MEMBER
AG
आदेश की Ůितिलिप अŤेिषत/ Copy of the order forwarded to :
अपीलाथŎ/ The Appellant 2. ŮȑथŎ/ The Respondent 3. आयकर आयुƅ/ CIT 4. आयकर आयुƅ (अपील)/ The CIT(A) 5. िवभागीय Ůितिनिध, आयकर अपीलीय आिधकरण, चǷीगढ़/ DR, ITAT, CHANDIGARH 6. गाडŊ फाईल/ Guard File
आदेशानुसार/ By order,
सहायक पंजीकार/