ITO, MANDI vs. HIMACHAL PRADESH GRAMIN BANK, MANDI
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आयकर अपील�य अ�धकरण,च�डीगढ़ �यायपीठ, च�डीगढ़ IN THE INCOME TAX APPELLATE TRIBUNAL CHANDIGARH BENCH, ‘A’, CHANDIGARH BEFORE SHRI A.D. JAIN, VICE PRESIDENT & SHRI KRINWANT SAHAY, ACCOUNTANT MEMBER आयकर अपील सं./ ITA No. 546/CHD/2024 �नधा�रण वष� / Assessment Year : 2021-22 The DCIT, Vs. Shri Gurmal Singh, Central Circle-3, बनाम Plot No. 4, Ludhiana New Nehru Fruit Company, Sirsa Sabji Mandi, Haryana 125055 �थायी लेखा सं./PAN No: CFRPS7294N अपीलाथ�/ APPELLANT ��यथ�/ REPSONDENT ( PHYSICAL HEARING ) �नधा�रती क� ओर से/Assessee by : Shri Sudhir Sehgal, Advocate राज�व क� ओर से/ Revenue by : Shri Rohit Sharma, CIT DR
आयकर अपील सं./ ITA No. 802/CHD/2024 �नधा�रण वष� / Assessment Year : 2012-13 The ACIT, Vs. Konark Rajhans Estates Panchkula बनाम Private Limited, NH 73, Village Kot, Panchkula Extension II, Sector 14, Near Primary Health Centre Panchkula �थायी लेखा सं./PAN No: AAECK2405Q ��यथ�/ REPSONDENT अपीलाथ�/ APPELLANT ( PHYSICAL HEARING ) �नधा�रती क� ओर से/Assessee by : Shri Parikshit Aggarwal, CA राज�व क� ओर से/ Revenue by : Shri Vivek Pardhan, JCIT, Sr. DR
546-C-2024, 802-C-2024, 1440-C-2019, 424-C-2023, 977-C-2024 & 407-C-2024- Gurmal Singh & Others. 2
आयकर अपील सं./ ITA No. 1440/CHD/2019 �नधा�रण वष� / Assessment Year : 2016-17 The ACIT, Vs. M/s Parasmani Buildwell Pvt. Circle-7, बनाम Ltd., Ludhiana 314-317, Elite Arcade, Mall Road, Ludhiana
�थायी लेखा सं./PAN No: AAFCP5688R अपीलाथ�/ APPELLANT ��यथ�/ REPSONDENT
( PHYSICAL HEARING ) �नधा�रती क� ओर से/Assessee by : None राज�व क� ओर से/ Revenue by : Shri Vivek Pardhan, JCIT, Sr. DR
आयकर अपील सं./ ITA No. 424/CHD/2023 �नधा�रण वष� / Assessment Year : 2019-20 The DCIT, Vs. M/s Sheetal Industries बनाम Central Circle-1, Booth No. 119, Ludhiana New Grain Market, Khanna 141401 �थायी लेखा सं./PAN No: ACOFS5688Q अपीलाथ�/ APPELLANT ��यथ�/ REPSONDENT
( PHYSICAL HEARING ) �नधा�रती क� ओर से/Assessee by : Shri Rohit Kapoor, CA and Shri Virsain Aggarwal, Advocate राज�व क� ओर से/ Revenue by : Shri Rohit Sharma, CIT DR
546-C-2024, 802-C-2024, 1440-C-2019, 424-C-2023, 977-C-2024 & 407-C-2024- Gurmal Singh & Others. 3
आयकर अपील सं./ ITA No. 977/CHD/2024 �नधा�रण वष� / Assessment Year : 2014-15 ITO, Vs. Himachal Pradesh Gramin बनाम Mandi Bank, Jail Road, Mandi H.P. 175001 �थायी लेखा सं./PAN No: AAALH0469C अपीलाथ�/ APPELLANT ��यथ�/ REPSONDENT ( PHYSICAL HEARING ) �नधा�रती क� ओर से/Assessee by : Shri Ankush Garg, CA राज�व क� ओर से/ Revenue by : Shri Vivek Vardhan, JCIT Sr. DR
& आयकर अपील सं./ ITA No. 407/CHD/2024 �नधा�रण वष� / Assessment Year : 2017-18 The ITO, Vs. Shree Dev Industries, Yamunanagar बनाम W- 9, Industrial Area, Yamunanagar �थायी लेखा सं./PAN No: ACTFS3506N अपीलाथ�/ APPELLANT ��यथ�/ REPSONDENT ( PHYSICAL HEARING ) �नधा�रती क� ओर से/Assessee by : None राज�व क� ओर से/ Revenue by : Shri Vivek Vardhan, JCIT , Sr. DR सुनवाई क� तार�ख/Date of Hearing : 15.10.2024 उदघोषणा क� तार�ख/Date of Pronouncement : 22.10.2024
546-C-2024, 802-C-2024, 1440-C-2019, 424-C-2023, 977-C-2024 & 407-C-2024- Gurmal Singh & Others. 4 आदेश/Order Per Krinwant Sahay, A.M.:
The captioned appeals have been filed by the Revenue against the separate orders of the ld. CIT(A) / CIT(A), National Faceless Appeal Centre (NFAC), Delhi pertaining to different assessment years, as per the following details: -
S.No. ITA No. Order of CIT(A) Order dated / NFAC 1 546/CHD/2024 CIT(A)- 19.02.2024 5,Ludhiana 2 802/Chd/2024 CIT(A),NFAC, 27.05.2024 Delhi 3 1440/Chd/2019 CIT(A)-1, 08.08.2019 Chandigarh 4 424/Chd/2023 CIT(A)-5, 10.04.2023 Ludhiana 5 977/Chd/2024 CIT(A), NFAC, 24.07.2024 Delhi 6 407/Chd/2024 CIT(A), NFAC 15.02.2024 Delhi
During the course of hearing, none appeared on behalf of the Assessee in ITA Nos. 1440/Chd/2019 for assessment year 2016-17 and 407/Chd/2024 for A.Y. 2017-18. From
546-C-2024, 802-C-2024, 1440-C-2019, 424-C-2023, 977-C-2024 & 407-C-2024- Gurmal Singh & Others. 5 the records, it is noted that the tax effect involved in the captioned appeals are as under: -
S.No. ITA No. Amount of Tax effect (in Rs.) 1 546/CHD/2024 56,31,819/- 2 802/Chd/2024 52,53,796/- 3 1440/Chd/2019 57,98,276 4 424/Chd/2023 9,38,612/- 5 977/Chd/2024 53,06,572/- 6 407/Chd/2024 57,07,915/-
It is noted that the tax effect involved in the captioned appeals is less than the prescribed monetary limit. 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 appeals so filed by the Revenue are not maintainable.
In view of the above facts and circumstances, the aforesaid appeals filed by the Department are 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.
546-C-2024, 802-C-2024, 1440-C-2019, 424-C-2023, 977-C-2024 & 407-C-2024- Gurmal Singh & Others. 6 5. It is, however, clarified that the dismissal of the above appeals shall not be taken to be affirmation of the orders of the CIT(A) on merits. The legal issue raised by the Revenue is being left open to be adjudicated in an appropriate case.
In the result the appeals of the Revenue are dismissed.
Order pronounced on 22.10.2024.
Sd/- Sd- ( A. D. JAIN ) ( KRINWANT SAHAY) Vice President Accountant Member “आर.के.” आदेश क� ��त�ल�प अ�े�षत / Copy of the order forwarded to : 1. अपीलाथ�/ The Appellant 2. ��यथ�/ The Respondent 3. आयकर आयु�त/ CIT 4. �वभागीय ��त�न�ध, आयकर अपील�य आ�धकरण, च�डीगढ़/ DR, ITAT, CHANDIGARH 5. गाड� फाईल/ Guard File आदेशानुसार/ By order, सहायक पंजीकार/ Assistant Registrar
