M/S. FORBES GOKAK LTD, MUMBAI V. THE ACIT 2(3), MUMBAI

CO 14/MUM/2008

• Counselvise Citation: [2012] 122 COUNSELVISE.COM (IT) 8032 (ITAT-MUMBAI)
• Duration Of Justice: 4 year(s) 10 month(s) 12 day(s)
• Appeal Type: Cross Objection
• Pronouncement Date: 21-11-2012
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: F
• Next Hearing Date: 21-11-2012
• Assessment Year: 2002-2003
• Appeal Filed On: 09-01-2008
• Result in Favour of: Revenue
• Court: TRIBUNAL

Judgement Text

, IN THE INCOME TAX APPELLATE TRIBUNAL F BENCH, MUMBAI . . !'#$ , % &' BEFORE SHRI H.L. KARWA, PRESIDENT AND SHRI N.K. BILLAIYA, AM C.O. NOS. 14 & 15/MUM/2008 (ARISING OUT OF I.T.A. NOS.6579 & 6580/MUM/2007 ( ( ( ( ( / ASSESSMENT YEARS: 2002-03 & 2003-04 M/S. FORBES GOKAK LTD., FORBES BLDG., CHARANJIT RAI MARG, FORT, MUMBAI-400 001 / VS. THE ACIT CIRCLE 1(1), AAYAKAR BHAVAN, MUMBAI-400 020 ') % ./ *+ ./PAN/GIR NO. : N.A. (APPELLANT ) .. (CROSS OBJECTOR) ), - / APPELLANT BY: SHRI GIRISH DAVE CROSS OBJECTOR BY : SHRI OM PRAKASH MEENA . /0% / DATE OF HEARING :21.11.2012 12( . /0% / DATE OF PRONOUNCEMENT :21.11.2012 &3 / O R D E R PER BENCH: BOTH THESE CROSS OBJECTIONS BY THE ASSESSEE ARE DIR ECTED AGAINST THE ORDER OF THE LD. CIT(A) PERTAINING TO A.YRS. 2002- 03 AND 2003-04. 2. BEFORE US, THE LD. COUNSEL FOR THE ASSESSEE FILE D AN APPLICATION AS UNDER: DATE : 21.11.2012 TITLE : FORBES & CO. C.O. : 14/M/08 15/M/08 C.O. NOS. 14 & 15/M/08 2 RESPECTED SIR, WE WISH TO SUBMIT THAT SINCE ALL GROUNDS STATED IN THE CROSS OBJECTION HAVE ALREADY BEEN RAISED IN SUBSTANTIVE G ROUNDS OF APPEAL INDICATED IN FORM NO. 36, THE CROSS OBJECTIO NS AFORESAID ARE WITHDRAWN AND MAY BE TREATED AS WITHDRAWN. YOURS FAITHFULLY, SD/- (GIRISH DAVE) ADVOCATE 3. AS THE LD. COUNSEL FOR THE ASSESSEE HAS WITHDRAW N THE CROSS OBJECTIONS, THE CROSS OBJECTIONS STAND DISMISSED. 4. IN THE RESULT, THE CROSS OBJECTIONS FILED BY THE ASSESSEE ARE DISMISSED. 4 /5 4/ . 67 %4* . */ 8# ORDER PRONOUNCED IN THE OPEN COURT ON 21.11.2012 . &3 . 2( % 9 :&5 21.11.2012 2 . ; SD/- SD/- (H.L. KARWA) (N.K. BILLAIYA) /PRESIDENT % &' / ACCOUNTANT MEMBER MUMBAI; :& DATED 21.11.2012 . . ./ RJ , SR. PS C.O. NOS. 14 & 15/M/08 3 &3 &3 &3 &3 . .. . 6/! 6/! 6/! 6/! ; 6/ , , / DR, ITAT, MUMBAI 6. ;? / GUARD FILE. &3 &3 &3 &3 / BY ORDER, 7!/ 6/ //TRUE COPY// @ @@ @ / 8 8 8 8 * * * * (DY./ASSTT. REGISTRAR) , / ITAT, MUMBAI