ITO, SANGRUR vs. M/S RAM PARTAP JIT PAL SARAF PVT. LTD., SANGRUR

आदेश/ORDER PER BENCH A common order is being passed in these appeals for the sake of convenience wherein the respective assessees have also raised Cross Objections. The Assessing Officers assail the correctness of the respective orders dated 04.03.2016 of CIT(A) Patiala pertaining to 2008-09 assessment

ITA 720&715//CHD/2016 & C.O. 24 & 23/CHD/2016 Page 2 of 2

year and 04.03.2016 of CIT(A) Patiala pertaining to 2007-08 assessment year. 2. However at the outset, the AO by way of application dated 05.10.2018 brings to the notice of the ITAT that the tax effect involved in the respective appeals is much below the limit of Rs. 20 lacs fixed by CBDT Circular No. 3/2018 dated 11.07.2018. For ready reference, relevant extract of the application is extracted hereunder : S.No. Name of the PAN A.Y. Appeal No. Tax assessee Effect 1. Saini Properties Pvt. AAACY2903P 2007-08 ITA No.715/chndi/16 Rs. 14,11,130/- Ltd.,Sangrur Rs. 15,44,130/- 2. M/s Ram Partap Jeet Pal AADCR5431N 2008-09 ITA No.720Chandi/ Saraf (P) Ltd.,Sanarur Chandi/16 3. The ld. Sr.DR relying upon the same fairly submitted that the appeals may be dismissed on the ground of low tax effect. 4. The ld. AR Mr. Vibhor Garg inviting attention to the respective Cross Objections filed by the taxpayer submits that in the circumstances, the assessee does not wish to press the Cross Objections filed. Accordingly, the departmental appeals are dismissed on the grounds of tax effect and the Cross Objections of the assessee are dismissed as withdrawn. Said order was pronounced in the Open Court at the time of hearing itself. 5. In the result, appeals of the Revenue are dismissed and Cross Objections of the assessee are also dismissed as withdrawn, Order Pronounced in the Open Court on 26.11. 2018.

Sd/- Sd/- ( डा. बी.आर.आर. कुमार) (�दवा �संह ) (Dr. B.R.R. KUMAR) (DIVA SINGH) लेखा सद�य/ Accountant Member �या�यक सद�य/Judicial Member “पूनम” आदेश क� ��त�ल�प अ�े�षत/ Copy of the order forwarded to : अपीलाथ�/ The Appellant - 1. ��यथ�/ The Respondent - 2. आयकर आयु�त/ CIT 3. आयकर आयु�त (अपील)/ The CIT(A) 4. �वभागीय ��त�न�ध, आयकर अपील�य आ�धकरण, च�डीगढ़/ DR, ITAT, CHANDIGARH 5. गाड� फाईल/ Guard File 6.

आदेशानुसार/ By order, सहायक पंजीकार/ Assistant Registrar ITAT,Chandigarh.