ALOK INFRASTRUCTURE LTD, MUMBAI V. DCIT CIR 6(1), MUMBAI

CO 44/MUM/2015

• Counselvise Citation: [2015] 123 COUNSELVISE.COM (IT) 0424 (ITAT-MUMBAI)
• Appeal Type: Cross Objection
• Pronouncement Date: 20-02-2015
• Appeal Filed By: Assessee
• Order Result: Allowed
• Bench Allotted: Not Allotted
• Assessment Year: 2011-2012
• Appeal Filed On: 23-02-2015
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Section: 10; 11; 15

Judgement Text

I N T H E I N C O M E T A X A P P E L L A T E T R I B U N A L , M U M B A I B E N C H A , M U M B A I B E F O R E S H R I C H A N D R A P O O J A R I , A C C O U N T A N T M E M B E R A N D S H R I S A N J A Y G A R G , J U D I C I A L M E M B E R S A N O . 4 4 / M / 2 0 1 5 ( A R I S I N G O U T O F I T A N O . 8 8 2 / M / 2 0 1 5 ) A S S E S S M E N T Y E A R : 2 0 1 0 - 1 1 M / S . A M O L C A P I T A L M A R K E T S P . L T D . , 1 0 6 , M O T A B A I W A D I A B L D G . , 1 S T F L O O R , 2 2 D , S A B R E L V I R O A D , F O R T , M U M B A I - 4 0 0 0 0 1 P A N : A A D C S 8 0 2 2 N V S . D C I T 4 ( 1 ) , R O O M N O . 6 4 0 , 6 T H F L O O R , A A Y A K A R B H A V A N , M . K . R O A D , M U M B A I - 4 0 0 0 2 0 ( A P P E L L A N T ) ( R E S P O N D E N T ) A S S E S S E E B Y : S H R I P R A T I K J A I N , ( P A R T N E R ) R E V E N U E B Y : S H R I A S G H A R Z A I N V P , D . R . D A T E O F H E A R I N G : 2 0 . 0 2 . 2 0 1 5 D A T E O F P R O N O U N C E M E N T : 2 0 . 0 2 . 2 0 1 5 O R D E R P E R S A N J A Y G A R G , J U D I C I A L M E M B E R : T H E A B O V E T I T L E D A P P L I C A T I O N H A S B E E N M O V E D B Y T H E A S S E S S E E S E E K I N G S T A Y O F T H E R E C O V E R Y O F T H E O U T S T A N D I N G T A X A M O U N T O F R S . 5 0 , 5 5 0 / - A N D A S W E L L A S F O R E A R L Y H E A R I N G O F T H E M A T T E R . 2 . A T T H E O U T S E T , T H E L D . A . R . O F T H E A S S E S S E E H A S S T A T E D A T B A R T H A T H E D O E S N O T P R E S S F O R T H E R E L I E F O F G R A N T O F S T A Y O F R E C O V E R Y O F T H E T A X A M O U N T , H O W E V E R , H I S R E Q U E S T F O R E A R L Y H E A R I N G O F T H E M A T T E R B E C O N S I D E R E D . 3 . A F T E R C O N S I D E R I N G T H E S U B M I S S I O N S M A D E I N T H E A P P L I C A T I O N , T H E R E Q U E S T F O R E A R L Y H E A R I N G O F T H E M A T T E R I S A L L O W E D . T H E R E F O R E , T H E R E G I S T R Y I S D I R E C T E D T O F I X T H E M A I N A P P E A L I N R E L A T I O N T O W H I C H T H E P R E S E N T A P P L I C A T I O N H A S B E E N M O V E D S A N O . 4 4 / M / 2 0 1 5 ( A R I S I N G O U T O F I T A N O . 8 8 2 / M / 2 0 1 5 ) 2 B Y T H E A S S E S S E E F O R H E A R I N G O N 1 9 . 0 3 . 2 0 1 5 . T H E D A T E O F H E A R I N G I S I N F O R M E D I N T H E O P E N C O U R T . N O S E P A R A T E N O T I C E W I L L B E I S S U E D . 4 . I N T H E R E S U L T , T H E S T A Y A P P L I C A T I O N O F T H E A S S E S S E E I S H E R E B Y A L L O W E D . O R D E R P R O N O U N C E D I N T H E O P E N C O U R T O N 2 0 . 0 2 . 2 0 1 5 . S D / - S D / - ( C H A N D R A P O O J A R I ) ( S A N J A Y G A R G ) A C C O U N T A N T M E M B E R J U D I C I A L M E M B E R M U M B A I , D A T E D : 2 0 . 0 2 . 2 0 1 5 . * K I S H O R E , S R . P . S . C O P Y T O : T H E A P P E L L A N T T H E R E S P O N D E N T T H E C I T , C O N C E R N E D , M U M B A I T H E C I T ( A ) C O N C E R N E D , M U M B A I T H E D R C O N C E R N E D B E N C H / / T R U E C O P Y / / [ B Y O R D E R D Y / A S S T T . R E G I S T R A R , I T A T , M U M B A I .