Hiralal Parbhuram & Co., Nashik V. ACIT, Cir.-3, Nashik

CO 29/PUN/2007

• Counselvise Citation: [2011] 122 COUNSELVISE.COM (IT) 6684 (ITAT-PUNE)
• Duration Of Justice: 4 year(s) 2 month(s) 20 day(s)
• Appeal Type: Cross Objection
• Pronouncement Date: 05-10-2011
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: A
• Assessment Year: 2001-2002
• Appeal Filed On: 16-07-2007
• Result in Favour of: Revenue
• Court: TRIBUNAL

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL PUNE BENCH B, PUNE BEFORE SHRI SHAILENDRA KUMAR YADAV, JUDICIAL MEMBE R AND SHRI D.KARUNAKARA RAO, ACCOUNTANT MEMBER C.O. NO.29/PN/07 (ARISING OUT OF ITA NO.1 061/PN/2005) (ASSESSMENT YEAR: 2001-02) ACIT, CIR.-3, MALEGAON .. APPELLANT VS. HIRALAL PARBHURAM & CO., .. R ESPONDENT MAIN ROAD, YEOLA, DIST NASHIK PAN AABFH7400C CROSS OBJECTOR : SHRI S.K.AMBASTHA, DR RESPONDENT BY: NONE ORDER PER D.KARUNAKARA RAO, AM : THE CAPTIONED CROSS OBJECTION IS BY THE REVENUE AR ISE OUT OF THE ORDER OF THE COMMISSIONER OF INCOME-TAX (APP EALS), II DATED 20.01.2005, PERTAINING TO THE ASSESSMENT YEAR 2001-02. 2. THE CONNECTED APPEAL FILED BY THE ASSESSEE AGAIN ST THE IMPUGNED ORDER OF THE COMMISSIONER OF INCOME-TAX (A PPEALS) II WAS SUBJECT-MATTER OF THIS CO-ORDINATE BENCH IN ASS ESSEES OWN CASE IN ITA NOS 1061/PN/05 AND FOR THE DETAILED REA SONS GIVEN IN THE ORDER DATED 31.07.2007, THE TRIBUNAL HAS DISMIS SED THE APPEALS OF THE ASSESSEE THEREBY CONFIRMING THE IMPU GNED ORDER OF THE COMMISSIONER OF INCOME-TAX (APPEALS) II. IN VIE W OF THIS FACT- SITUATION, THE CROSS OBJECTION BY THE REVENUE HAVE BECOME INFRUCTOUS . ACCORDINGLY, CO IS DISMISSED AS INFRUCTUOUS. C.O. NO.29/PN/07 (ARISING OUT OF ITA NO.1 061/PN/2005) (ASSESSMENT YEAR: 2001-02) HIRALAL PARBHURAM & CO., 3. IN THE RESULT, THE CROSS OBJECTION OF THE REVENU E IS DISMISSED. ORDER PRONOUNCED IN THE COURT ON -9-20 11. (SHAILENDRA KUMAR YADAV) (D.KARUNAKA RA RAO) JUDICIAL MEMBER ACCOUNTANT MEMBER PUNE, DATED: -9-2011 COPY TO:- 1) ASSESSEES AS MENTIONED IN THE CAUSE TITLE 2) ACIT CIR.3, MALEGAON 3) THE CIT(A)-II, NASHIK 4) THE CIT CONCERNED 5) THE DEPARTMENTAL REPRESENTATIVE, B BENCH, I.T .A.T., PUNE. BY ORDER //TRUE COPY// ASST. REGISTRAR, I.T.A.T., PUNE