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Income Tax Appellate Tribunal, KOLKATA ‘SMC’ BENCH, KOLKATA
Before: Sri J. Sudhakar Reddy
Appearances by: Shri Soumitra Choudhury, appeared on behalf of the assessee. Shri Sital Chandra Das, Addl. CIT, Sr. D/R. appearing on behalf of the Revenue. Date of concluding the hearing : August 30th, 2018 Date of pronouncing the order : September 28th , 2018 ORDER Per J. Sudhakar Reddy, AM :- In this appeal of the revenue, the undisputed fact is that the tax effect does not exceed the monetary limit of Rs.20,00,000/-, as 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 As mandated by this above referred Circular No. 3/2018, this appeal of the revenue is dismissed as withdrawn.
Even otherwise, the issue involved in this appeal is covered by the decision of the ‘B’ Bench of the ITAT, Kolkata, in the assessee’s own case for the Assessment Year 2006- 07, in Assessment Year 2006-07, order dt. 02/08/2017.
In the result, appeal of the revenue is dismissed.
Kolkata, the 28th day of September, 2018. Sd/- [J. Sudhakar Reddy] Accountant Member Dated : 28.09.2018 {SC SPS}
Assessment Year: 1997-98 Mamata Shankar Ballet Troupe Copy of the order forwarded to: 1. Mamata Shankar Ballet Troupe 318/C, Prantik Palli Rajdanga Kolkata – 700 107 2. Income Tax Officer(Exemptions), Ward-1(4) Kolkata 3. CIT(A)- 4. CIT- 15 , 5. CIT(DR), Kolkata Benches, Kolkata.