SANGMESHWAR TALUKA KUNBI SAHAKARI PATPEDHI LTD, MUMBAI V. ITO 20(3)(2), MUMBAI

CO 222/MUM/2018

• Counselvise Citation: [2018] 123 COUNSELVISE.COM (IT) 4113 (ITAT-MUMBAI)
• Duration Of Justice: 25 day(s)
• Appeal Type: Cross Objection
• Pronouncement Date: 13-08-2018
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: Not Allotted
• Assessment Year: 2012-2013
• Appeal Filed On: 19-07-2018
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: V K CHATURVEDI LD

Judgement Text

CO NO.222/MUM/2018 THE SANGMESHWAR TALUKA KUNBI SAHKARI PATPEDHI LTD. ASSESSMENT YEAR-2012-13 IN THE INCOME TAX APPELLATE TRIBUNAL J BENCH, MUMBAI , , BEFORE SHRI JOGINDER SINGH, JM AND SHRI MANOJ KUMAR AGGARWAL, AM CO. NO. 222/MUM/2018 [ARISING OUT OF ITA NO. 507/MUM/2017] ( / ASSESSMENT YEAR: 2012-13) INCOME TAX OFFICER - 20(3)(2) ROOM NO.612, 6 TH FLOOR PIRAMAL CHAMBERS PAREL, MUMBAI 400 020 / VS. THE SANGMESHWAR TALUKA KUNBI SAHAKARI PATPEDHI LTD. GF, THE PADAMAVATI APARTMENTS NANABHAI PARALKAR MARG PAREL, MUMBAI 400 020 ./ ./PAN/GIR NO. AAGTS-1817-H ( /APPELLANT ) : ( ! / RESPONDENT ) ASSESSEE BY : NONE REVENUE BY : V.K.CHATURVEDI, LD. SR. DR / DATE OF HEARING : 13/08/2018 / DATE OF PRONOUNCEMENT : 13/08/2018 / O R D E R PER MANOJ KUMAR AGGARWAL (ACCOUNTANT MEMBER) AFORESAID CROSS-OBJECTION BY ASSESSEE FOR ASSESSMEN T YEAR [AY] 2012- 13 ARISES OUT OF REVENUES APPEAL ITA NO. 507/MUM/2 017. NONE HAS APPEARED FOR ASSESSEE. THE LD. SR. DR HAS SUBMITTED THAT THE REVENUES APPEAL HAS BEEN DISMISSED DUE TO RECENTLY ISSUED LO W TAX CIRCULAR NO. 03/2018 DATED 11/07/2018 ISSUED BY CBDT AND THEREFORE, THE CROSS- CO NO.222/MUM/2018 THE SANGMESHWAR TALUKA KUNBI SAHKARI PATPEDHI LTD. ASSESSMENT YEAR-2012-13 2 OBJECTIONS DO NOT SURVIVE. IN VIEW OF THE STATED PO SITION, THE SAME STAND DISMISSED IN LIMINE. ORDER PRONOUNCED IN THE OPEN COURT ON 13 TH AUGUST, 2018. SD/- SD/- (JOGINDER SINGH) (MANOJ KUMAR AGGARWAL) / JUDICIAL MEMBER / ACCOUNTANT MEMBER MUMBAI; DATED : 13/08/2018 SR.PS:-THIRUMALESH ! / COPY OF THE ORDER FORWARDED TO : 1. / THE APPELLANT 2. ! / THE RESPONDENT 3. ( ( ) ( ) / THE CIT(A) 4. ( ( ) / CIT CONCERNED 5. * #+ , ( + , / DR, ITAT, MUMBAI 6. ,-. / GUARD FILE / BY ORDER, / (DY./ASSTT.REGISTRAR) , / ITAT, MUMBAI CO NO.222/MUM/2018 THE SANGMESHWAR TALUKA KUNBI SAHKARI PATPEDHI LTD. ASSESSMENT YEAR-2012-13 3 IN THE INCOME TAX APPELLATE TRIBUNAL J BENCH, MUMBAI , , BEFORE SHRI JOGINDER SINGH, JM AND SHRI MANOJ KUMAR AGGARWAL, AM CO. NO. 222/MUM/2018 [ARISING OUT OF ITA NO. 507/MUM/2017] ( / ASSESSMENT YEAR: 2012-13) THE SANGMESHWAR TALUKA KUNBI SAHAKARI PATPEDHI LTD. GF, THE PADAMAVATI APARTMENTS NANABHAI PARALKAR MARG PAREL, MUMBAI 400 020 / VS. INCOME TAX OFFICER - 20(3)(2) ROOM NO.612, 6 TH FLOOR PIRAMAL CHAMBERS PAREL, MUMBAI 400 020 ./ ./PAN/GIR NO. AAGTS-1817-H ( /APPELLANT ) : ( ! / RESPONDENT ) C O R R I G E N D U M 1. THIS CORRIGENDUM IS BEING ISSUED TO CORRECT AN I NADVERTENT MISTAKE THAT HAS CREPT INTO TRIBUNALS ORDER CO.NO.222/MUM/2018 DATE D 13/08/2018. 2. IT IS NOTED THAT THE AFORESAID CROSS-OBJECTION W AS FILED BY THE ASSESSEE AGAINST REVENUES APPEAL. THEREFORE, THE ASSESSEE W AS APPELLANT IN THE SAID CROSS OBJECTION. THE SAME HAS INADVERTENTLY BEEN REFERRED TO AS THE RESPONDENT IN THE SAID ORDER . THEREFORE, RECTIFYING THE SAME, THE STATUS OF THE A SSESSEE, IN THE SAID ORDER, MAY BE READ AS APPELLANT INSTEAD OF RESPONDENT. ACCORDINGLY, THE STATUS OF THE REVENUE MAY BE READ AS RESPONDENT INSTEAD OF APPELLANT. SD/- SD/- (JOGINDER SINGH) (MANOJ KUMAR AGGARWAL) / JUDICIAL MEMBER / ACCOUNTANT MEMBER CO NO.222/MUM/2018 THE SANGMESHWAR TALUKA KUNBI SAHKARI PATPEDHI LTD. ASSESSMENT YEAR-2012-13 4 MUMBAI; DATED : 19.09.2018 SR.PS:- THIRUMALESH / COPY OF THE ORDER FORWARDED TO : 1. APPELLANT/ 2. RESPONDENT/ 3. THE CONCERNED CIT(A)/ !' #$ , 4. THE CONCERNED CIT/ ! #$ 5. DR D BENCH, ITAT, MUMBAI/ %&'( $)! , , . . . 6. GUARD FILE/ (,- %$$ //TRUE COPY// / BY ORDER, / DY./ASSTREGISTRAR ')!1 , /ITAT, MUMBAI.