M/s. Esteem Textiles Pvt. Ltd., New Delhi V. DCIT, New Delhi

CO 8/DEL/2015

• Counselvise Citation: [2017] 123 COUNSELVISE.COM (IT) 3216 (ITAT-DELHI)
• Duration Of Justice: 2 year(s) 10 month(s) 2 day(s)
• Appeal Type: Cross Objection
• Pronouncement Date: 22-11-2017
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: B
• Next Hearing Date: 26-07-2017
• Assessment Year: 2006-2007
• Appeal Filed On: 19-01-2015
• Result in Favour of: Revenue
• Court: TRIBUNAL

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL DELHI BENCHES B : DELHI BEFORE SHRI BHAVNESH SAINI, JUDICIAL MEMBER AND SHRI L.P. SAHU, ACCOUNTANT MEMBER C.O.NO.8/DEL./2015 ARISING OUT OF ITA.NO.2017/DEL./2014 - ASSESSMENT YEAR 2006-2007 M/S. ESTEEM TEXTILES (P) LTD., TU-70, PITAM PURA, NEW DELHI. VS. THE DCIT, CENTRAL CIRCLE-5, NEW DELHI. (CROSS-OBJECTOR) (RESPONDENT) FOR CROSS OBJECTOR : SHRI GAUTAM JAIN, ADVOCATE & SHRI LALIT MOHAN, C.A. FOR REVENUE : MS. RACHNA SINGH, CIT - DR DATE OF HEARING : 22.11.2017 DATE OF PRONOUNCEMENT : 22.11.2017 ORDER PER BHAVNESH SAINI, J.M. THE CROSS-OBJECTION BY ASSESSEE IS TIME BARRED BY 08 DAYS. NO APPLICATION HAS BEEN FILED FOR CONDONATION OF DE LAY. LEARNED COUNSEL FOR THE ASSESSEE SUBMITTED THAT CROSS-OBJEC TION IS FILED MAINLY IN SUPPORT OF THE ORDER OF THE LD. CIT(A) IN QUASHING THE ASSESSMENT UNDER SECTION 153C OF THE I.T. ACT AND S EEKS PERMISSION TO WITHDRAW THE SAME. 2 CO.NO.08/DEL./2015 IN ITA.NO.2017/DEL./2014 ESTEEM TEXTILES (P) LTD., NEW DELHI. 2. IN VIEW OF THE ABOVE, THE CROSS-OBJECTION OF TH E ASSESSEE IS DISMISSED AS WITHDRAWN WITH A LIBERTY TO THE ASSESS EE TO RAISE ALL CONTENTIONS IN THE DEPARTMENTAL APPEAL. 3. IN THE RESULT, CROSS-OBJECTION OF THE ASSESSEE IS DISMISSED AS WITHDRAWN. ORDER PRONOUNCED IN THE OPEN COURT. SD/- SD/- (L.P. SAHU) (BHAVNESH SAINI) ACCOUNTANT MEMBER JUDICIAL MEMBER DELHI, DATED 22 ND NOVEMBER, 2017 VBP/- COPY TO 1. THE APPELLANT 2. THE RESPONDENT 3. CIT(A) CONCERNED 4. CIT CONCERNED 5. D.R. ITAT B BENCH, DELHI 6. GUARD FILE. //BY ORDER // ASST. REGISTRAR, ITAT, DELHI BENCHES DELHI.