Vakrangee Press Ltd, New Delhi V. ACIT, Circle-26(1), New Delhi

CO 22/DEL/2018

• Counselvise Citation: [2020] 110 COUNSELVISE.COM (IT) 1686 (ITAT-DELHI)
• Duration Of Justice: 2 year(s) 10 month(s) 5 day(s)
• Appeal Type: Cross Objection
• Pronouncement Date: 04-12-2020
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: F
• Assessment Year: 2007-2008
• Appeal Filed On: 29-01-2018
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Assessee Lawyers: N O N E
• Keywords: Tax effect
• Section: 191; 22

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL DELHI BENCH FRIDAY-A NEW DELHI BEFORE SHRI G.S. PANNU, VICE PRESIDENT & SHRI AMIT SHUKLA, JUDICIAL MEMBER CO . NO. 22 /DEL/20 1 8 ARISING OUT OF ITA NO.6399/DEL/2017 ASSESSMENT YEAR 2007 - 08 M/S. VAKRANGEE PRESS LIMITED, 191 A, EKTA MARG, WESTERN AVENUE, SAINIK FARMAS, NEW DELHI-110062 V S . ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE-26(1), ROOM NO.195A, CENTRAL REVENUE BUILDING, NEW DELHI-110001 TAN/PAN: AAACV2063R (APP ELL ANT) (RESPONDENT) APP ELL ANT BY: N ONE RESPONDENT BY: MS. RINKU SINGH , SR.D.R. DATE OF HEARING: 04 1 2 20 20 DATE OF PRONOUNCEMENT: 04 12 20 20 O R D E R PER AMIT SHUKLA, J.M.: THE AFORESAID CROSS OBJECTION WAS FILED BY THE ASSE SSEE IN ITA NO.6399/DEL/2017, WHICH WERE FILED BY THE REVEN UE AGAINST ORDER DATED 15.06.2017 FOR THE ASSESSMENT YEAR 2007 -08. 2. IT WAS INFORMED THAT REVENUES APPEAL IN ITA NO.6399/DEL/2017 HAS BEEN DISMISSED ON ACCOUNT OF L OW TAX EFFECT BY THE TRIBUNAL VIDE ORDER DATED 13.02.2020. THE CROSS OBJECTION IS MOSTLY IN SUPPORT OF THE ORDER OF THE CIT (A) AND THEREFORE, THE CROSS OBJECTION HAS BECOME IN-FRUCTU OUS, CO. NO.22/DEL/2018 2 ACCORDINGLY, SAME IS DISMISSED. 5. IN THE RESULT, CROSS OBJECTION OF THE ASSESSEE I S DISMISSED. ORDER PRONOUNCED IN THE OPEN COURT ON 04 TH DECEMBER, 2020. SD/- SD/- [ G.S. PANNU ] [ AMIT SHUKLA ] VICE PRESIDENT JUDICIAL MEMBER DATED: 04 TH DECEMBER, 2020 F{X~{T COPY FORWARDED TO: 1. APPELLANT 2. RESPONDENT 3. CIT(A) 4. CIT 5. DR ASSISTANT REGISTRAR ITAT, NEW DELHI