Latest Expert Exchange Queries

GST Demo Service software link:
Username: demouser Password: demopass
Get your inventory and invoicing software GST Ready from Binarysoft
sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing | GST - Goods and Services Tax
Popular Search: ARTICLES ON INPUT TAX CREDIT IN VAT :: VAT Audit :: form 3cd :: articles on VAT and GST in India :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: cpt :: Central Excise rule to resale the machines to a new company :: ACCOUNTING STANDARDS :: VAT RATES :: TDS :: ACCOUNTING STANDARD :: list of goods taxed at 4% :: TAX RATES - GOODS TAXABLE @ 4% :: due date for vat payment :: empanelment
From the Courts »
  Amira Pure Foods Pvt. Ltd vs. Pr CIT (ITAT Delhi)
 Stovekraft India vs. CIT (Himachal Pradesh High Court)
 CIT vs. Goodwill Theatres Pvt Ltd (Supreme Court)
 DCIT vs. Ace Multi Axes Systems Ltd (Supreme Court)
 Pr. Commissioner Of Income Tax Vs. B. C. Management Services Pvt. Ltd.
 Commissioner Of Income Tax Vs. M/s International Tractor Ltd.
 Maharaj Garage & Company vs. CIT (Bombay High Court)
 Amira Pure Foods Pvt. Ltd vs. Pr CIT (ITAT Delhi)
 Hindustan Coca Cola Beverages Pvt. Ltd vs. CIT (Rajasthan High Court)
 Pr CIT vs. Baisetty Revathi (Andhra Pradesh High Court)
  Pr CIT vs. Paradise Inland Shipping Pvt. Ltd (Bombay High Court)

The DCIT,Circle 4(1) Vs. M/s Sukhija Real Estates (P) Ltd.,Chandigarh
July, 05th 2012


                            ITA No. 923/Chd/2010
                           Assessment Year: 2004-05

The DCIT,               Vs           M/s Sukhija Real Estates (P) Ltd.,
Circle 4(1),                         Chandigarh


(Appellant)                                      (Respondent)

                  Appellant By             : Shri N.K. Saini
                  Respondent By            : Shri Vineet Krishan

                  Date of hearing       : 02.07.2012
                  Date of Pronouncement : 03.07.2012



      This appeal filed by the Revenue is directed against the order of

CIT(A), Chandigarh dated 31.3.2010 relating to asses sment year 2004-05.

2.    After hearing the Ld. Representatives of both the parties , we find that

in the Revenue's appeal, Tax effect is less than Rs. 2,00,000/- and

admittedly, the appeal was filed on 14.6.2010. It is noticed that the CBDT

has issued Instruction No.5 of 2008 dated 15.5.2008, by which the CBDT has

revised the monetary limit to Rs. 2,00,000/- for filing the appeal before the


3.    Keeping in view the CBDT Instruction No.5 of 2008 dated 15.5.2008

and also the provisions of Section 268A of Income Tax Act, 1961, we are of

the view that the Revenue should not have filed the instant appeal before the

Tribunal.    While taking such a view, we are fortified by the following

decisions of Hon'ble jurisdictional High Court :-

      1.    CIT v Oscar Laboratories P. Ltd (2010) 324 ITR 115

      2.    CIT v Abinash Gupta (2010) 327 ITR 619 (P&H)

      3.    CIT v Varindera Construction Co. (2011) 331 ITR 449

4.    In view of the above, without going into merits of the case, we dismiss

the appeal filed by the Revenue.

5.    In the result, appeal of the Revenue is dismissed.

      Order Pronounced in the Open Court on this 3 r d day of July, 2012

      Sd/-                                               Sd/-
   (T. R. SOOD)                                       (H.L.KARWA)
ACCOUNTANT MEMBER                                   VI CE PRESIDENT
Dated : 3 r d July, 2012
Copy to:
  1.      The Appellant
  2.      The Respondent
  3.      The CIT
  4.      The CIT(A)
  5.      The DR
Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Organic SEO Outsourcing Organic Search Engine Optimization Outsourcing Organic Website SEO Organic SEO India Website SEO India Organic Search Engine Optimization India Organic Internet SEO India Organic Web

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions