Hindustan Paper Corporation Ltd., Kolkata V. DCIT, Circle-5, Kolkata, Kolkata

CO 10/KOL/2015

• Counselvise Citation: [2016] 123 COUNSELVISE.COM (IT) 2190 (ITAT-KOLKATA)
• Duration Of Justice: 1 year(s) 29 day(s)
• Appeal Type: Cross Objection
• Pronouncement Date: 03-03-2016
• Appeal Filed By: Assessee
• Bench Allotted: C
• Assessment Year: 2002-2003
• Appeal Filed On: 04-02-2015
• Court: TRIBUNAL
• Keywords: Tax effect

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL B BENCH: KOL KATA [BEFORE SHRI N.V.VASUDEVAN, JM & SHRI WASEEM AHMED , AM ] C.O. NO. &A.Y. ASSESSEE/PAN/REP. BY VS REVENUE/REP. BY 10/KOL/2015 A/O ITA NO.892/KOL/2012 AY. 2002-03 HINDUSTAN PAPER CORPORATION LTD., AAACH9463K, REP. BY NONE, 75C, PARK STREET, KOLKATA-700016. D.C.I.T., CIRCLE-5, KOLKATA.REP. BY SHRI RAJAT KR.KUREEL, JCIT, SR.DR. 83/KOL/2013 A/O ITA NO.1033/KOL/2013 A.Y.2009-10 SRI MANIK MUKHERJEE, AEHPM7752A, REP. BY NONE, C/O SHRI SOMNATH GHOSH, ADVOCATE, SEVEN BROTHERSLODGE, BUROSHIBTALA, P.S.CHINSURAH, DIST. HOOGHLY. PIN-712105. ITO, WARD-1(4),KOLKATA, REP. BY SHRI , RAJAT KR.KUREEL JCIT, SR.DR. 108/KOL/2014 A/O ITA NO. 1961/KOL/2010 AY. 2007-08 SRI RAJESH KUMAR GOEL, ADMPG4074D REP. BY NONE, 40B, C.R.AVENUE, KOLKATA-700012. ITO, WARD-39(3), KOLKATA, REP. BY SHRI, RAJAT KR.KUREEL JCIT, SR.DR. 87/KOL/2013 A/O ITA NO. 1324/KOL/2013 AY. 2008-09 ASIATIC GASES LTD. AACCA4768Q REP. BY NONE, 8, B.B.D.BAG (EAST), KOLKATA-700001. D.C.I.T., CIRCLE-4, KOLKATA, REP. BY SHRI RAJAT KR.KUREEL, JCIT, SR.DR. 16/KOL/2014 A/O ITA NO. 106/KOL/2014 AY. 2008-09 M/S. K.B.SAHA & SONS INDUSTRIES PVT. LTD., AABCK2247D REP. BY NONE, 28/8, GARIAHAT ROAD, KUMOD BHAVAN, PANCHANANTALA, KOLKATA-700029. D.C.I.T., CIRCLE-11, KOLKATA, REP. BY SHRI RAJAT KR.KUREEL, JCIT, SR.DR. 23/KOL/2015 A/O ITA NO. 365/KOL/2015 AY. 2005-06 MR.DINABANDHU GHOSH, AHHPG6996M, REP. BY NONE, PROP. OF GOPENANDINI TRADING RANGAMATI, PO-VIDYASAGAR UNIVERSITY, PS- KOTWALI, PASCHIM MIDNAPORE. ITO, WARD-38(2), MIDNAPORE, REP. BY SHRI RAJAT KR.KUREEL, JCIT, SR.DR. 33/KOL/2014 A/O IT(SS)A NO. 20/KOL/2014 AY. 2001-02 SUBRATA BANIK EXECUTOR TO THE ESTATES OF LATE BITHIKA BANIK, AEFPB9099F, REP. BY NONE, 7/2B, BALLYGUNJE PARK, KOLKTA-700019. D.C.I.T.,CENTRAL CIRCLE-11, KOLKATA, REP. BY SHRI RAJAT KR.KUREEL, JCIT, SR.DR. 34/KOL/2014 A/O IT(SS)A NO. 21/KOL/2014 AY. 2002-03 SUBRATA BANIK EXECUTOR TO THE ESTATES OF LATE BITHIKA BANIK, AEFPB9099F, REP. BY NONE, 7/2B, BALLYGUNJE PARK, KOLKTA-700019. D.C.I.T.,CENTRAL CIRCLE-11, KOLKATA, REP. BY SHRI RAJAT KR.KUREEL, JCIT, SR.DR. 35/KOL/2014 A/O IT(SS)A NO. 22/KOL/2014 AY. 2003-04 SUBRATA BANIK EXECUTOR TO THE ESTATES OF LATE BITHIKA BANIK, AEFPB9099F, REP. BY NONE, 7/2B, BALLYGUNJE PARK, KOLKTA-700019. D.C.I.T.,CENTRAL CIRCLE-11, KOLKATA, REP. BY SHRI RAJAT KR.KUREEL, JCIT, SR.DR. 36/KOL/2014 A/O IT(SS)A NO. 23/KOL/2014 AY. 2004-05 SUBRATA BANIK EXECUTOR TO THE ESTATES OF LATE BITHIKA BANIK, AEFPB9099F, REP. BY NONE, 7/2B, BALLYGUNJE PARK, KOLKTA-700019. D.C.I.T.,CENTRAL CIRCLE-11, KOLKATA, REP. BY SHRI RAJAT KR.KUREEL, JCIT, SR.DR. 37/KOL/2014 A/O IT(SS)A NO. 24/KOL/2014 AY. 2005-06 SUBRATA BANIK EXECUTOR TO THE ESTATES OF LATE BITHIKA BANIK, AEFPB9099F, REP. BY NONE, 7/2B, BALLYGUNJE PARK, KOLKTA-700019. D.C.I.T.,CENTRAL CIRCLE-11, KOLKATA, REP. BY SHRI RAJAT KR.KUREEL, JCIT, SR.DR. 38/KOL/2014 A/O IT(SS)A NO. 25/KOL/2014 AY. 2006-07 SUBRATA BANIK EXECUTOR TO THE ESTATES OF LATE BITHIKA BANIK, AEFPB9099F, REP. BY NONE, 7/2B, BALLYGUNJE PARK, KOLKTA-700019. D.C.I.T.,CENTRAL CIRCLE-11, KOLKATA, REP. BY SHRI RAJAT KR.KUREEL, JCIT, SR.DR. 78/KOL/2013 A/O ITA NO. 389/KOL/2013 AY. 2007-08 SK.INTAZ ALI KHAN, APHPK1261K, REP. BY NONE, VILL. HATIHALKA, RAMNAGAR, GOPINATHPUR, DIST. PASCHIM MEDINIPUR-721305. ITO, WARD-1 (2), MIDNAPUR. REP. BY SHRI RAJAT KR. KUREEL, JCIT, SR.DR. 114/KOL/2013 A/O ITA NO. THE SATURDAY CLUB LTD., AABCT1662R, REP. BY NONE, 7, D.C.I.T., CIRCLE-8, KOLKATA, REP. BY SHRI RAJAT KR KUREEL, JCIT, SR.DR. 2 2 1962/KOL/2013 AY. 2002-03 WOOD STREET, KOLKATA-7000016. 115/KOL/2013 A/O ITA NO. 1963/KOL/2013 AY. 2003-04 THE SATURDAY CLUB LTD., AABCT1662R, REP. BY NONE, 7, WOOD STREET, KOLKATA-7000016. D.C.I.T., CIRCLE-8, KOLKATA, REP. BY SHRI RAJAT KR KUREEL, JCIT, SR.DR. 143/KOL/2013 A/O ITA NO. 2466/KOL/2013 AY. 2007-08 M/S. DAS ENTERPRISE, AAEFD1366D , REP. BY NONE, 3, MANGOE LANE, KOLKATA-700001. A.C.I.T., CIRCLE-34, KOLKATA, REP. BY SHRI RAJAT KR KUREEL JCIT, SR.DR. 100/KOL/2014 A/O ITA NO. 2514/KOL/2013 AY. 2006-07 SANDIP SATRODIA, ANNPS9748R, REP. BY NONE, PROP. M/S. SHIV SHANKAR FLOUR MILL, NANDI ROAD, JAMURIA, POST JAMURIA HAT, DISTT. BURDWAMN (WB)- 713362 I.T.O., WARD-1(4), ASANSOL, REP. BY SHRI RAJAT KR KUREEL JCIT, SR.DR. 03/KOL/2014 A/O ITA NO. 2695/KOL/2013 AY. 2009-10 SMT. RASHMI P.LOYALKA, ABBPL0120E , REP. BY NONE, C/O CA ANAND KEDIA, 29, R.N.MUKHERJEE ROAD, 2 ND FLOOR, ROOM NO.15, KOLKATA-700001. A.C.I.T., CIRCLE-31, KOLKATA,(A.O.) REP. BY SHRI RAJAT KR KUREEL JCIT, SR.DR. 131/KOL/2013 A/O ITA NO. 2146/KOL/2013 AY. 2005-06 CHAMAN LAL MEHRA & OTHERS, AACFC0487B, REP. BY NONE, P-22, C.I.T.ROAD, SCHEME-55, KOLKATA-700014. I.T.O., WARD-43(2), KOLKATA, REP. BY SHRI RAJAT KR KUREEL JCIT, SR.DR. 132/KOL/2013 A/O ITA NO. 2147/KOL/2013 AY. 2006-07 CHAMAN LAL MEHRA & OTHERS, AACFC0487B, REP. BY NONE, P-22, C.I.T.ROAD, SCHEME-55, KOLKATA-700014. I.T.O., WARD-43(2), KOLKATA, REP. BY SHRI RAJAT KR KUREEL JCIT, SR.DR. 02/KOL/2014 A/O ITA NO.2694/KOL/2013 A.Y.2008-09 SMT. RASHMI P.LOYALKA ABBPL0120E , REP. BY NONE, C/O CA ANAND KEDIA, 29, R.N.MUKHERJEE ROAD, 2 ND FLOOR, ROOM NO.15, KOLKATA-700001. A.C.I.T., CIRCLE-31, KOLKATA,(A.O.) REP. BY SHRI RAJAT KR KUREEL JCIT, SR.DR. 157/KOL/2013 A/O ITA NO.2631/KOL/2013 A.Y.2004-05 DILIP KUMAR BISWAS, ADGPB9692J REP. BY NONE, ALAKANANDA, 181/C, SOUTH KODALIA, POST-NEW BARRACKPORE, 24 PARGANAS, NORTH, KOLKATA-700131 I.T.O., WARD-41(4), KOLKATA, REP. BY SHRI RAJAT KR KUREEL JCIT, SR.DR. 39/KOL/2015 A/O ITA NO.1013/KOL/2015 A.Y.2011-12 GOVIND STEEL COMPANY LTD., AABCG0130B REP. BY NONE, 219, CHITTARANJAN AVENUE, KOLKATA-700006. I.T.O., WARD-41(4), KOLKATA, REP. BY SHRI RAJAT KR KUREEL JCIT, SR.DR. 14/KOL/2015 A/O ITA NO.113/KOL/2015 A.Y.2011-12 K.B.CAPIITAL MARKETS (P) LTD., AABCK1174F, REP. BY NONE, WARDLEY HOUSE, 25, SWALLOW LANE, KOLKATA-700001. D.C.I.T., CIRCLE-6, KOLKATA, REP. BY SHRI RAJAT KR KUREEL JCIT, SR.DR. 17/KOL/2014 A/O ITA NO.62/KOL/2014 A.Y.2009-10 M/S. SHIV SHAKTI TUBES & INDUSTRIES PVT. LTD., AAECS2237G REP. BY NONE, 62A, HAZRA ROAD, KOLKATA-700019. & C/O M/S. SALARPURIA JAJODIA & CO., 7, CHITTARANJAN AVENUE, KOLKATA-700072. I.T.O., WARD-3(2), KOLKATA, REP. BY SHRI RAJAT KR KUREEL JCIT, SR.DR. 78/KOL/2014 A/O ITA NO.1037/KOL/2014 A.Y.2007-08 SWAPAN KUMAR CHATTERJEE, ACAPC0949A REP. BY NONE, 30A/1, BRINDABAN MULLICK LANE, KADAMTALA, HOWRAH- 7111101. I.T.O., WARD-48(3), KOLKATA, REP. BY SHRI RAJAT KR KUREEL JCIT, SR.DR. 119/KOL/2013 A/O ITA NO.1650/KOL/2013 A.Y.2006-07 SMT.BHASWATI GANGULY, PROP. GANGULY TRADERS, AENPG5976N REP. BY NONE, S.B.GORAI ROAD & M.N.SAHA ROAD JUNCTION, ASANSOL- 713304. I.T.O., WARD-2(1), ASANSOL, REP. BY SHRI RAJAT KR KUREEL JCIT, SR.DR. 3 3 04/KOL/2014 A/O ITA NO.2825/KOL/2013 A.Y.2007-08 SEVANTILAL A.SHAH, ALRPS6815M REP. BY NONE, LANSDOWNE COURT, 3 RD FLOOR, 5/B, SARAT BOSE ROAD, KOLKATA- 700020. A.C.I.T., CIRCLE-39, KOLKATA, REP. BY SHRI RAJAT KR KUREEL JCIT, SR.DR. 39/KOL/2014 A/O IT(SS)A NO.37/KOL/2014 A.Y.2007-08 SOUMI BANIK, AKTPB5169N REP. BY NONE, AJANTA HOUSE, 169, A.J.C.BOSE ROAD, KOLKATA- 700014. D.C.I.T., CENTRAL CIRCLE-II, KOLKATA, REP. BY SHRI RAJAT KR KUREEL JCIT, SR.DR. 99/KOL/2014 A/O ITA NO.1819/KOL/2014 A.Y.2006-07 SANJAY MEHTA, AERPM0968G REP. BY NONE, C/O M/S SUNNY SALES, 29/1C, BENTICK STREET, KOLKATA-700001. A.C.I.T., CIRCLE-36, KOLKATA, REP. BY SHRI RAJAT KR KUREEL JCIT, SR.DR. 125/KOL/2013 A/O ITA NO.2104/KOL/2013 A.Y.2008-09 M/S. PRIYANKA PROMOTERS (P)LTD., AADCP0804H, REP. BY NONE, HILL VIEW (NORTH), ASANSOL-713304, DIST. BURDWAN. A.C.I.T., CIRCLE-2, ASANSOL, REP. BY SHRI RAJAT KR KUREEL JCIT, SR.DR. (CROSS OBJECTOR) (RESPONDENT) DATE OF HEARING: 03.03.2016 DATE OF PRONOUNCEMENT 03.03.2016 ORDER PER BENCH ALL THE ABOVE COS HAVE BEEN FILED BY THE ASSESSEE IN THE APPEALS FILED BY THE REVENUE AGAINST ORDERS OF CIT(A). IN VIEW OF C BDT'S CIRCULAR NO. 21/ 2015 DATED 10.12.2015 APPEALS OF THE DEPARTMENT WHERE TH E MONETARY LIMIT DOES NOT EXCEED RS. 10 LAKH HAVE TO BE DISMISSED AS A LEGAL NULLITY. THEREFORE THE APPEALS FILED BY THE REVENUE IN WHICH THE ABOVE COS HAVE BE EN FILED BY VARIOUS ASSESSEES HAVE ALREADY BEEN DISMISSED AS NOT MAINTA INABLE AS THE MONETARY LIMIT IN THE FORM OF TAX EFFECT WAS LESS THAN RS.10 LAKH. 2. THE RIGHT TO FILE A CROSS OBJECTION ARISES ONLY WHEN THE APPEAL FILED BY THE OTHER PARTY IS ADMITTED, AND, IN A SITUATION IN WHI CH THE APPEAL ITSELF IS HELD TO BE NON MAINTAINABLE, THE VERY FOUNDATION FOR THE CROSS OBJECTION CEASES TO HOLD GOOD IN LAW. AS THE APPEALS ARE FOUND TO BE NON MAINTAI NABLE AND AS THE CROSS OBJECTIONS ARISE ONLY AS A RESULT OF THESE APPEALS, THESE CROSS OBJECTIONS ARE ALSO DISMISSED AS NOT MAINTAINABLE. 4 4 3. IN ANY CASE, WHERE CROSS OBJECTIONS MERELY SUPPO RT THE CONCLUSIONS ARRIVED AT BY THE CIT(A), THE ASSESSEES CANNOT HAVE ANY GRI EVANCE REQUIRING ADJUDICATION BY US AND ARE, THEREFORE, REQUIRED TO BE DISMISSED AS INFRUCTUOUS. WHERE THERE ARE INDEPENDENT GROUNDS IN THE SENSE THE GROUNDS OF CRO SS OBJECTION ARE NOT SUPPORTIVE OF THE ORDER OF THE CIT(A), REQUIRING AD JUDICATION, THE ASSESSEES HAVE TO SEEK THEIR REMEDIES OPEN TO THEM IN LAW AND CANN OT PURSUE THEIR CROSS OBJECTIONS FOR THE REASONS GIVEN ABOVE. ALL THE CR OSS OBJECTIONS ARE, THEREFORE, DISMISSED. 4. IN THE RESULT, ALL THE CROSS OBJECTIONS ARE D ISMISSED. ORDER PRONOUNCED IN THE OPEN COURT. SD/- SD/- (WASEEM AHMED) (N.V.VASUDEVAN) ACCOUNTANT MEMBER JUDICIAL MEMB ER DATED : 3 RD MARCH, 2016. RG. P.S COPY OF THE ORDER FORWARDED TO: 1. APPELLANT 2 RESPONDENT 3. THE CIT(A), KOLKATA 4. 5. CIT KOLKATA DR, KOLKATA BENCHES, KOLKATA / TRUE COPY, BY ORDER, ASSTT. REGISTRAR , ITAT, KOLKATA BENCHES