Disallowance of expenses on account of sale of content

Last updated: 14 August 2021

Court :
ITAT Delhi

Brief :
This appeal filed by the Revenue is directed against the order dated 29.01.2018 passed by the Commissioner of Income Tax (Appeals)-16, New Delhi relating to Assessment Year 2013-14.

Citation :
ITA No. 3123/Del/2018

IN THE INCOME TAX APPELLATE TRIBUNAL DELHI
BENCH ‘B’, NEW DELHI
BEFORE SH. ANIL CHATURVEDI, ACCOUNTANT MEMBER
AND SH. KULDIP SINGH, JUDICIAL MEMBER
(THROUGH VIDEO CONFERENCING)
ITA No. 3123/Del/2018
(Assessment Year : 2013-14)

ACIT
Special Range-9,
New Delhi
PAN No. AABCT 1559 M

(APPELLANT)

Times Internet Ltd.
10, Daryaganj,
New Delhi

(RESPONDENT)

Assessee by Shri Mukesh Gupta, C.A.
Ms. Neha Gupta, C.A.
Revenue by Shri Mahesh Thakur, Sr. D.R.
Date of hearing: 28.07.2021
Date of Pronouncement: 28.07.2021

ORDER

This appeal filed by the Revenue is directed against the order dated 29.01.2018 passed by the Commissioner of Income Tax (Appeals)-16, New Delhi relating to Assessment Year 2013-14.

2. Before us, at the outset, Ld. A.R. submitted that in the impugned appeal of Revenue, the tax involved is less than the
monetary limit of Rs.50 lakh and therefore, the appeal is not maintainable. Learned DR did not controvert the submissions made by Learned AR.

3.We have heard the rival parties and perused the material on record. On perusing the grounds of appeal raised by the Revenue, we find that Revenue is aggrieved by the order of Learned CIT(A) in respect of the relief given by him. We find that CBDT vide Circular No. 3/2018 dated 11.07.2018 had increased the limit for filing appeal before ITAT at Rs. 20 lakhs.

4.In the result, the appeal of Revenue is dismissed. Order pronounced in the open court on 28.07.2021, immediately after conclusion of the hearing of the matter in virtual mode.

Please find attached the enclosed file for the full judgement