PERFECT FILAMENTS LTD, MUMBAI V. DEPUTY COMMISSIONER OF INCOME TAX 4(3)-1, MUMBAI

CO 132/MUM/2019

• Counselvise Citation: [2019] 111 COUNSELVISE.COM (IT) 3792 (ITAT-MUMBAI)
• Duration Of Justice: 5 month(s) 7 day(s)
• Appeal Type: Cross Objection
• Pronouncement Date: 20-09-2019
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: C
• Assessment Year: 2009-2010
• Appeal Filed On: 12-04-2019
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: KUMAR PADMA
• Keywords: Tax effect
• Section: 250; 13

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL MUMBAI BENCH C , MUMBAI BEFORE SHRI S. RIFAUR RAHMAN , ACCOUNTANT MEMBER AND SHRI RAM LAL NEGI , JUDICIAL MEMBER CO NO. 132/MUM/2019 (ITA NO. 5159/MUM/2017) : A.Y : 2009 - 13 PERFECT FILAMENTS LTD., E - 23/24/26, COMMERCE CENTRE, 5 TH FLOOR, TARDEO ROAD, MUMBAI. PAN : AAACP4215F (APPELLANT) VS. DCIT 4(3) - 1, MUMBAI. (RESPONDENT) ASSESSEE BY : SHRI VIMAL PUNMIYA REVENUE BY : SHRI KUMAR PADMAPANI BORA DATE OF HEARING : 16/09/2019 DATE OF PRONOUNCEMENT : 20 /09/2019 O R D E R PER S. RIFAUR RAHMAN , A.M THE CAPTIONED CROSS - OBJECTION PREFERRED BY THE ASSESSEE IS DIRECTED AGAINST THE ORDER PASSED BY THE CIT(A) - 9 , MUMBAI PASSED UNDER S ECTION 250 OF THE INCOME TAX ACT, 1961 (IN SHORT THE ACT) FOR THE ASSESSMENT YEAR 200 9 - 1 0. 2. IT WAS BROUGHT TO OUR NOTICE THAT THE APPEAL IN ITA NO. 5159/MUM/2017 PREFERRED BY THE DEPARTMENT WAS DISMISSED DUE TO TAX EFFECT AND ASSESSEE HAS FILED THE CROSS - OBJECTION AGAINST THE ABOVE SAID ORDER. SINCE THE DEPARTMENTS APPEAL WAS DISMISSED, THE CROSS - OBJECTION FILED BY THE ASSESSEE HAS BECOME INFRUCTUOUS. ACCORDINGLY, THE SAME IS DISMISSED. 2 CO NO. 132/MUM/2019 PERFECT FILAMENTS LTD. 3. IN THE RESULT, THE CROSS - OBJECTION OF THE ASSESSEE IS DISMISSED. ORDER PRONOUNCED IN THE OPEN COURT ON 2 0 T H SEPTEMBER, 2 019. SD/ - SD/ - ( RAM LAL NEGI ) JUDICIAL MEMBER ( S. RIFAUR RAHMAN ) ACCOUNTANT MEMBER MUMBAI, DATE : 2 0 T H SEPTEMBER , 2019 *SSL* COPY TO : 1) THE APPELLANT 2) THE RESPONDENT 3) THE CIT(A) CONCERNED 4) THE CIT CONCERNED 5) THE D.R, B BENCH, MUMBAI 6) GUARD FILE BY ORDER DY./ASSTT. REGISTRAR I.T.A.T, MUMBAI