M/s. Padmini VNA Mechatronics Pvt. Ltd., New Delhi V. DCIT, New Delhi

CO 319/DEL/2014

• Counselvise Citation: [2018] 123 COUNSELVISE.COM (IT) 3967 (ITAT-DELHI)
• Duration Of Justice: 3 year(s) 7 month(s) 29 day(s)
• Appeal Type: Cross Objection
• Pronouncement Date: 19-07-2018
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: F
• Next Hearing Date: 29-05-2017
• Assessment Year: 2007-2008
• Appeal Filed On: 20-11-2014
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: S R SENAPATI
• Keywords: Reassessment proceedings

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL DELHI BENCH: F NEW DELHI BEFORE SHRI BHAVNESH SAINI, JUDICIAL MEMBE R & SHRI L.P. SAHU, ACCOUNTANT MEMBER CROSS OBJECTION NOS. 319, 320 & 310/DEL/2014 (IN ITA NOS. 1808, 1809 & 1807/DEL/2014) ( ASSESSMENT YEARS: 2007-08, 08-09 & 2006-07) PADMINI VNA MECHATRONICS PVT. LTD. 5, PADMINI ENCLAVE, HAUZ KHAS, NEW DELHI. PAN NO. AACCV1001F VS DCIT CIRCLE 14(1) NEW DELHI. ASSESSEE BY SH. RAJ KUMAR GUPTA, CA SH. SUMIT GOEL, CA REVENUE BY SH. S.R. SENAPATI, SR. DR ORDER PER SHRI BHAVNESH SAINI, J.M. THE PRESENT CROSS OBJECTIONS HAVE BEEN FILED BY THE ASSESSEE ON FILING THE DEPARTMENTAL APPEALS WHICH HAVE BEEN HEARD SEPARATELY. THE ASSESSEE IN ALL THE CROSS OBJECTIO NS CHALLENGED THE ORDER OF LD. CIT(A) IN CONFIRMING THE INITIATION OF REASSESSMENT PROCEEDINGS U/S 147/148 OF THE INCOME TAX ACT, 1961 (THE ACT). LD. COUNSEL FOR THE ASSESSEE SEEKS PERMISSION TO WI THDRAW THE CROSS OBJECTION. ENDORSEMENT TO THE SAME EFFECT HA VE BEEN MADE ON THE CROSS OBJECTIONS. DATE OF HEARING 19.07.2018 DATE OF PRONOUNCEMENT 19.07.2018 2 CROSS OBJECTION N OS. 319, 320 & 310/DEL/2014 2. IN THIS VIEW OF THE MATTER, ALL THE CROSS OBJECT IONS FILED BY THE ASSESSEE ARE DISMISSED AS WITHDRAWN. ORDER PRONOUNCED IN THE OPEN COURT ON 19.07.2018 SD/- SD/- (L.P. SAHU) (BHAVNESH SAINI) ACCOUNTANT MEMBER JUDICIAL MEMBER DATED: 19.07.2018 *KAVITA ARORA COPY FORWARDED TO: 1. APPELLANT 2. RESPONDENT 3. CIT 4. CIT(APPEALS) 5. DR: ITAT TRUE COPY ASSISTANT REGISTRAR ITAT NEW DELHI DATE OF DICTATION 19.07.2018 DATE ON WHICH THE TYPED DRAFT IS PLACED BEFORE THE DICTATING MEMBER 19.07.2018 DATE ON WHICH THE TYPED DRAFT IS PLACED BEFORE THE OTHER MEMBER DATE ON WHICH THE APPROVED DRAFT COMES TO THE SR. P S/PS 19.7.18 DATE ON WHICH THE FAIR ORDER IS PLACED BEFORE THE D ICTATING MEMBER FOR PRONOUNCEMENT 19.7.18 DATE ON WHICH THE FAIR ORDER COMES BACK TO THE SR. PS/PS 19.7.18 DATE ON WHICH THE FINAL ORDER IS UPLOADED ON THE WE BSITE OF ITAT 19.7.18 DATE ON WHICH THE FILE GOES TO THE BENCH CLERK 19.7 .18 DATE ON WHICH THE FILE GOES TO THE HEAD CLERK THE DATE ON WHICH THE FILE GOES TO THE ASSISTANT RE GISTRAR FOR SIGNATURE ON THE ORDER DATE OF DISPATCH OF THE ORDER 3 CROSS OBJECTION N OS. 319, 320 & 310/DEL/2014