RAJESH G SADARANGANI, MUMBAI V. ACIT 14(1), MUMBAI

CO 218/MUM/2015

• Counselvise Citation: [2016] 123 COUNSELVISE.COM (IT) 2226 (ITAT-MUMBAI)
• Duration Of Justice: 1 month(s) 12 day(s)
• Appeal Type: Cross Objection
• Pronouncement Date: 09-02-2016
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: Not Allotted
• Assessment Year: 2010-2011
• Appeal Filed On: 28-12-2015
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Keywords: Tax effect

Judgement Text

RAJESH G SADARANGANI CO NO. 211 /MUM/20 1 5 CO NO. 218 /MUM/20 15 1 IN THE INCOME TAX APPELLATE TRIBUNAL MUMBAI BENCH D , MUMBAI , , BEFORE SHRI AMIT SHUKLA , JUDICIAL MEMBER AND SHRI RA MIT K OCH AR , ACCOUNTA NT MEMBER CO NO. : 211 /MUM/20 1 5 CO NO. : 218/MUM/2015 ARISING OUT OF ITA NO. 4913/MUM/2014 FOR AY 20 1 0 - 11 RAJESH G SADARANGANI , 2, HINDUSTAN HOUSE, PLOT NO. 28, ALTAMOUNT ROAD, MUMBAI - 400 021 .: PAN: AA DPS 6965 R VS ACIT - 14(1) , 2 ND FLOOR, EARNEST HOUSE, NARIMAN POINT, MUMBAI - 400 026 (APPELLANT) (RESPONDENT) APPLICANT BY : NONE CROSS OBJECTOR BY : SHRI B S BIST /DATE OF HEARING : 0 9 - 0 2 - 201 6 / DA TE OF PRONOUNCEMENT : 0 9 - 0 2 - 2016 ORDER PER BENCH : T HE AFORESAID CROSS OBJECTIONS HAVE BEEN FILED BY THE AS SESSEE IN RELATION TO ITA NO. 4193/MUM/2014, IN SUPPORT OF THE ORDER PASSED BY THE CIT(A). IT HAS BEEN STATED BEFORE US BY THE LD. DR THAT THE DEPARTMENTAL APPEAL HAS BEEN DISMISSED VIDE ORDER DATED. 21.10.2015 ON ACCOUNT OF LOW TAX EFFECT IN VIEW OF THE LATEST CBDT CIRCULAR NO. 21 OF 2015 DATED 10.12.2015. SINCE BOTH THE CROSS OBJECTIONS HAVE BEEN FILED IN RELATION TO THE SAME I TA NUMBER ON IDENTICAL GROUNDS SUPPORTING THE ORDER OF THE CIT(A) WILL BECOME INFRUCTUOUS . IN VIEW OF THE AFOREMENTIONED FACT THAT DEPARTMENTAL APPEAL HAS BEEN DISMISSED AND THESE CROSS OBJECTIONS ARE ARISING FROM SAME APPEAL IN SUPPORT OF ORDER OF CIT(A), WE DISMISS THESE CROSS OBJECTIONS AS INFRUCTUOUS. RAJESH G SADARANGANI CO NO. 211 /MUM/20 1 5 CO NO. 218 /MUM/20 15 2 2. IN THE RESULT, BOTH THE CROSS OBJECTION STANDS DISMISSED. ORDER PRONOUNCED IN THE OPEN COURT ON 9 TH FEBRUAR Y , 2016 . SD/ - SD/ - ( ) ( ) ( RAMIT KOCHAR ) ( AMIT SHUKLA ) ACCOUNTANT MEMBER JUDICIAL MEMBER MUMBAI, DATE: 9 TH FEBRUAR Y , 2016 / COPY TO: - 1 ) / THE APPELLANT. 2 ) / THE RESPONDENT. 3) THE CIT (A) - __CONCERNED , MUMBAI . 4 ) THE COMMISSIONER OF INCOME TAX - __CONCERNED , MUMBAI . 5 ) , , / THE D.R. D BENCH, MUMBAI. 6 ) \ COPY TO GUARD FILE. / BY ORDER / / TRUE COPY / / / , DY. / ASSTT. REGISTRAR I.T.A.T., MUMBAI * . . *CHAVAN, SR.PS