Vimal Dairy Ltd., Mehsana V. The ACIT., Cent.Circle-1(2), Ahmedabad

CO 171/AHD/2007

• Counselvise Citation: [2010] 122 COUNSELVISE.COM (IT) 4804 (ITAT-AHMEDABAD)
• Duration Of Justice: 2 year(s) 11 month(s) 4 day(s)
• Appeal Type: Cross Objection
• Pronouncement Date: 10-06-2010
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: C
• Next Hearing Date: 10-06-2010
• Assessment Year: 2005-2006
• Appeal Filed On: 06-07-2007
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Section: 234B

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL C BENCH AHMEDABAD (BEFORE S/SHRI BHAVNESH SAINI, JM AND A. N. PAHUJA, AM) C. O. NO.171/AHD/2007 (IN ITA NO.2491/AHD/2007 FOR A.Y. 2005-06) VIMAL DAIRY LTD. 31-GIDC ESTATE, MEHANA PA NO.- VS THE D. C. I. T. CENTRAL CIRCLE-1(2), 3 RD FLOOR, AAYAKAR BHAVAN, ASHRAM ROAD, AHMEDABAD (CROSS OBJECTOR) (RESPONDENT) CROSS OBJECTOR BY SHRI P M. MEHTA, AR RESPONDENT BY SHRI K. SHRIDHAR, DR O R D E R PER BHAVNESH SAINI: THE ASSESSEE BY THIS CROSS OBJECTION HAS CHALLENGED THE LEVY OF INTEREST U/S 234A, 234B AND 234C OF THE IT ACT. THE LEARNED COUNSEL FOR THE ASSESSEE SUBMITTED THAT CHARGING OF INTEREST IS CONSEQUENTIAL IN NATURE; THEREFORE, HE MAY BE PE RMITTED TO WITHDRAW THE CROSS OBJECTION. 2. IN THIS VIEW OF THE MATTER, THE CROSS OBJECTION OF THE ASSESSEE IS DISMISSED AS WITHDRAWN. 3. AS A RESULT, THE CROSS OBJECTIONS OF THE ASSESSE E ARE DISMISSED AS WITHDRAWN. ORDER PRONOUNCED IN THE OPEN COURT ON 10-06-2010 SD/- SD/- (A. N. PAHUJA) ACCOUNTANT MEMBER (BHAVNESH SAINI) JUDICIAL MEMBER DATE : 10-06-2010 LAKSHMIKANT/- C. O. NO.171/AHD/2007 (IN ITA NO.2491/AHD/2007 VIMAL DAIRY LTD. VS DCIT 2 COPY OF THE ORDER FORWARDED TO: 1. THE APPELLANT 2. THE RESPONDENT 3. THE CIT CONCERNED 4. THE CIT(A) CONCERNED 5. THE DR, ITAT, AHMEDABAD 6. GUARD FILE BY ORDER D Y. REGISTRAR, ITAT, AHMEDABAD