SUPERSTAR LIBRA LTD, MUMBAI V. DDIT (INTL) 2(1), MUMBAI

CO 49/MUM/2011

• Counselvise Citation: [2011] 122 COUNSELVISE.COM (IT) 6254 (ITAT-MUMBAI)
• Duration Of Justice: 2 month(s) 27 day(s)
• Appeal Type: Cross Objection
• Pronouncement Date: 22-07-2011
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: E
• Assessment Year: 2006-2007
• Appeal Filed On: 25-04-2011
• Result in Favour of: Revenue
• Court: TRIBUNAL

Judgement Text

C.O.49/M /201 1 ASSESSMENT YEAR: 2006-07 PAGE 1 OF 2 IN THE INCOME TAX APPELLATE TRIBUNAL MUMBAI E BENCH, MUMBAI [CORAM: SHRI PRAMOD KUMAR AM AND SHRI VIJAY PAL RAO JM] C.O.NO.49/MUM/2011 (ARISING OUT OF ITA NO.3944/M/10) SUPERSTAR LIBRA LIMITED , BERMUDA CROSS OBJEC TOR MSM ASSOCIATES, G 15, EVEREST TARDEO ROAD, MUMBAI 400 034 [PAN : AAJCS1630G] VS ADDITIONAL DIRECTOR OF INCOME TAX (INTERNATIONAL TAXATION), CIRCLE 2(1),MUMBAI . RESPONDENT APPEARANCES: DR K SHIVRAM, FOR THE CROSS OBJECTOR C G K NAIR, FOR THE RESPONDENT O R D E R PER VIJAY PAL RAO: 1. THE CROSS OBJECTION IS FILED BY THE ASSESSEE AGA INST THE APPEAL FILED BY THE DEPARTMENT. 2. LEARNED COUNSEL FAIRLY ACCEPTS THAT THE CROSS OB JECTION ONLY SEEKS TO SUPPORT THE ORDER DATED 24.2.2010 OF THE CIT(A)-II , MUMBAI AND DOES NOT RAISE ANY INDEPENDENT GROUND TO BE ADJUDICATED ON M ERITS. C.O.49/M /201 1 ASSESSMENT YEAR: 2006-07 PAGE 2 OF 2 3. IN VIEW OF ABOVE, THE CROSS OBJECTION IS DISMISS ED AS INFRUCTUOUS. PRONOUNCED IN THE OPEN COURT TODAY I.E. ON 2 2 ND JULY, 2011. SD/- SD/- (PRAMOD KUMAR ) (VIJAY PAL RAO) ACCOUNTANT MEMBER JUDICIAL MEM BER MUMBAI; 22 ND _ DAY OF JULY , 2011 . COPY FORWARDED TO : 1. THE APPELLANT 2. THE RESPONDENT 3. DIRECTOR OF INCOME TAX (INTERNATIONAL TAXATION) , MUMBAI 4. COMMISSIONER (APPEALS) II , MUMBAI 5. DEPARTMENTAL REPRESENTATIVE, E BENCH, MUMBAI 6. GUARD FILE TRUE COPY BY ORDER ETC. ASSISTANT REGISTRAR INCOME TAX APPELLATE TRIBUNAL MUMBAI BENCHES, MUMBAI