M/s. Century 21st Hi-Tech Industries Ltd, New Delhi V. ACIT, New Delhi

CO 76/DEL/2009

• Counselvise Citation: [2010] 122 COUNSELVISE.COM (IT) 4906 (ITAT-DELHI)
• Duration Of Justice: 1 year(s) 3 month(s) 9 day(s)
• Appeal Type: Cross Objection
• Pronouncement Date: 30-07-2010
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: B
• Next Hearing Date: 21-07-2010
• Assessment Year: misc
• Appeal Filed On: 21-04-2009
• Result in Favour of: Revenue
• Court: TRIBUNAL

Judgement Text

CO NO. 76/DEL2009 [IN IT(SS)A NO. 72/DEL/2008] B.P. 1.4.1995 TO 20.12.2001 1 IN THE INCOME TAX APPELLATE TRIBUNAL DELHI BENCH B NEW DELHI BEFORE SHRI A.D. JAIN, JUDICIAL MEMBER AND SHRI SHAMIM YAHYA, ACCOUNTANT MEMBER C.O. NO. 76/DEL/2009 [IN I.T.(SS)A.NO. 72/DEL/2008] BLOCK PERIOD 1.4.1995 TO 20.12.2001 M/S CENTURY 21 ST HITECH INDUSTRIES LTD., G-3/98, SECTOR-15, ROHINI, NEW DELHI (PAN: AAACC1070Q) VS. ACIT, CENTRAL CIRCLE-14, ROOM NO. 320, 3 RD FLOOR, ARA CENTRE, JHANDEWALAN EXTN., NEW DELHI (APPELLANT ) (RESPONDENT ) ASSEESSEE BY : SH. VED JAIN, CA & MS. RANO JAIN DEPARTMENT BY : SH. STEPHEN GEORGE, C.I.T.(D.R.) PER A.D. JAIN: JM THIS CROSS OBJECTION FILED BY THE ASSESSEE IS DIRE CTED AGAINST THE ORDER OF THE LD. COMMISSIONER OF INCOME TAX (APPEALS) DATED 28.3.2008 AND PERTAINS TO BLOCK PERIOD 1.4.1995 TO 20.12.2001. 2. THE ISSUE ON MERIT HAS BEEN DECIDED BY US IN FA VOUR OF THE ASSESSEE IN THE REVENUES APPEAL BEING IT(SS)A NO. 72/DEL/2008 VID E OUR ORDER OF EVEN DATE 30.7.2010. BY WAY OF THIS CROSS OBJECTION THE ASSE SSEE HAS AGITATED AGAINST THE ISSUE PERTAINING TO JURISDICTION U/S 158BC OF THE I T ACT AND CLAIMED THE ASSESSMENT IS LIABLE TO BE QUASHED ON THAT ACCOUNT. LD. COUNSEL OF THE ASSESSEE CO NO. 76/DEL2009 [IN IT(SS)A NO. 72/DEL/2008] B.P. 1.4.1995 TO 20.12.2001 2 HAS STATED THAT HE SHALL NOT BE PRESSING FOR THE CR OSS OBJECTION. ACCORDINGLY, THIS C.O. FILED BY THE ASSESSEE IS DISMISSED AS NOT PRE SSED. 3. IN THE RESULT, THE CROSS OBJECTION FILED BY THE A SSESSEE IS DISMISSED AS NOT PRESSED. ORDER PRONOUNCED IN THE OPEN COURT ON 30/07/2010. SD/- SD/- [SHAMIM YAHYA] [A.D. JAIN] ACCOUNTANT MEMBER JUDICIAL MEMBER DATE 30/07/2010 SRB COPY FORWARDED TO: - 1. APPELLANT 2. RESPONDENT 3. CIT 4. CIT (A) 5. DR, ITAT TRUE COPY BY ORDER, DEPUTY REGISTRAR, ITAT, DELHI BENCHES