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Income Tax Appellate Tribunal, KOLKATA ‘B’ BENCH, KOLKATA
Before: Sri J. Sudhakar Reddy & Sri S.S. Godara]
Date of concluding the hearing : December 17th, 2018 Date of pronouncing the order : January 16th, 2019 O R D E R Per J. Sudhakar Reddy :-
The undisputed fact in this appeal is that the tax effect does not exceed the monetary limit of Rs.20,00,000/-, fixed by the CBDT Circular No.3/2018, F. NO. 279/Misc. 142/2007-ITJ (Pt), dt. 11th July, 2018. As mandated by this above referred Circular No. 3/2018, the appeal of the revenue is dismissed.
In the result, appeal of the revenue is dismissed. Kolkata, the 16th day of January, 2019. Sd/- Sd/- [S.S. Godara] [J. Sudhakar Reddy] Judicial Member Accountant Member Dated : 16.01.2019 {SC SPS}
Assessment Year: 2008-09 M/s. M.B. Associates Copy of the order forwarded to: 1. M/s. M.B. Associates C/o Ashok Chatterjee Mukharjee Sanyal Samanta & Co 37/1 Purna Das Road Triangular Park Kolkata – 700 029
2. Income Tax Officer, Wd-30(2), Kolkata 3. CIT(A)- 4. CIT- , 5. CIT(DR), Kolkata Benches, Kolkata.