M/s. Micro Inks Ltd., Vapi V. The ACIT., Vapi Circle, Vapi

CO 221/AHD/2007

• Counselvise Citation: [2010] 122 COUNSELVISE.COM (IT) 5003 (ITAT-AHMEDABAD)
• Duration Of Justice: 3 year(s) 1 month(s) 2 day(s)
• Appeal Type: Cross Objection
• Pronouncement Date: 06-09-2010
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: B
• Next Hearing Date: 06-09-2010
• Assessment Year: 2004-2005
• Appeal Filed On: 03-08-2007
• Result in Favour of: Revenue
• Court: TRIBUNAL

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL B BENCH AHMEDABAD (BEFORE S/SHRI BHAVNESH SAINI, JM AND A. N. PAHUJA, AM) C. O. NO.221/AHD/2007 (IN ITA NO.2447/AHD/2007 FOR A.Y. 2004-05) M/S. MICRO INKS LTD., BILAKHIA HOUSE, MUKTNAND MARG, CHALA, VAPI, GUJARAT VS THE A. C. I. T., VAPI CIRCLE-1, SHIVAM COMMERCIAL COMPLEX, NATIONAL HIGHWAY NO.8, VAPI (GUJARAT) PA NO. AAACH 7063F (CROSS OBJECTOR) (RESPONDENT) CROSS OBJECTOR BY SHRI MUHUL K. PATEL, AR RESPONDENT BY SHRI ALOK JOSHI, DR O R D E R PER BHAVNESH SAINI: THIS CROSS OBJECTION BY THE ASSESSEE IS FILED AGAINST THE ORDER OF THE LEARNED CIT(A)- VALS AD DATED 13-02-2007 FOR ASSESSMENT YEAR 2004-05. 2. ALL THE GROUNDS OF THE CROSS OBJECTIONS ARE FILE D IN SUPPORT OF THE ORDER OF THE LEARNED CIT(A). IT IS STATED IN ALL TH E GROUNDS OF THE CROSS OBJECTION THAT THE LEARNED CIT(A) HAS RIGHTLY DELET ED THE ADDITIONS. THE LEARNED COUNSEL FOR THE ASSESSEE, THEREFORE, SUBMIT TED THAT THE CROSS OBJECTION IS NOT PRESSED AS THE CROSS OBJECTION WAS ONLY FILED IN SUPPORT OF THE ORDER OF THE LEARNED CIT(A). THE LEARNED COU NSEL FOR THE ASSESSEE ALSO INTIMATED THAT THE ASSESSEE HAS FILED SEPARATE APPEAL FOR THE ASSESSMENT YEAR 2004-05 IN ITA NO.2583/AHD/2007. HE HAS, THEREFORE, PRAYED THAT THE CROSS OBJECTION MAY BE DISMISSED AS WITHDRAWN. 3. IN THIS VIEW OF THE MATTER, THE CROSS OBJECTION OF THE ASSESSEE IS DISMISSED AS WITHDRAWN, BECAUSE NO CROSS OBJECTION WOULD LIE IN SUPPORT OF THE ORDER OF THE LEARNED CIT(A). C. O. NO.211/AHD/2007 (IN ITA NO.2447/AHD/2007) M/S. MICRO INKS LTD. VS ACIT VAPI CIRCLE-1, VAPI 2 4. IN THE RESULT, THE CROSS OBJECTION OF THE ASSESS EE IS DISMISSED AS WITHDRAWN. ORDER PRONOUNCED IN THE OPEN COURT ON 06-09-2010 SD/- SD/- (A. N. PAHUJA) ACCOUNTANT MEMBER (BHAVNESH SAINI) JUDICIAL MEMBER DATE : 06-09-2010 LAKSHMIKANT/- 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