ACIT, Ichalkaranji Circle, Ichalkaranji V. Ghodawat Pan Masala Products(I) P.Ltd., Jaysingpur

CO 8/PUN/2006

• Counselvise Citation: [2011] 122 COUNSELVISE.COM (IT) 6477 (ITAT-PUNE)
• Duration Of Justice: 5 year(s) 3 month(s) 30 day(s)
• Appeal Type: Cross Objection
• Pronouncement Date: 21-09-2011
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: B
• Assessment Year: 1997-1998
• Appeal Filed On: 22-05-2006
• Result in Favour of: Revenue
• Court: TRIBUNAL

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL PUNE BENCH B, PUNE BEFORE SHRI I.C. SUDHIR, JUDICIAL MEMBER AND SHRI G.S. PANNU, ACCOUNTANT MEMBER C.O. NO 8 & 9/PN/06 (ARISING OUT OF ITA NOS 704 & 705/PN/02) (ASSTT. YEAR 1997-98 & 98-99) ASSTT. COMMISSIONER OF INCOME-TAX, .. CROSS OBJECTOR ICH. CIR. ICHALKARANJI VS. GHODAWAT PAN MASALA PRODUCTS(I) P.LTD., .. RESPONDENT GAT NO 438, CHIPRI, JAYSINGPUR CROSS OBJECTOR BY: SHRI SANTOSH KUMAR RESPONDENT BY : NONE DATE OF HEARING : 19.09.2011 DATE OF PRONOUNCEMENT : 21.09.2011 ORDER PER G.S. PANNU, AM THE CAPTIONED CROSS OBJECTIONS BY THE REVENUE ARIS E OUT OF THE ORDER OF THE COMMISSIONER OF INCOME-TAX (APPEAL S), KOLHAPUR DATED 11.3.2002, PERTAINING TO THE ASSESSMENT YEAR 1997-98 & 98- 99. 2. THE CONNECTED APPEALS FILED BY THE ASSESSEE AGAI NST THE IMPUGNED ORDER OF THE COMMISSIONER OF INCOME-TAX (A PPEALS) WERE SUBJECT-MATTER OF OUR CO-ORDINATE BENCH IN ASSESSEE S OWN CASE IN ITA NOS 704 & 705/PN/02 AND FOR THE DETAILED REASON S GIVEN IN THE ORDER DATED 28.06.2006, THE TRIBUNAL HAS DISMISSED THE APPEALS OF THE ASSESSEE THEREBY CONFIRMING THE IMPUGNED ORDER OF THE COMMISSIONER OF INCOME-TAX (APPEALS). IN VIEW OF TH IS FACT-SITUATION, 2 THE CROSS OBJECTIONS BY THE REVENUE HAVE BECOME INF RUCTOUS AND ARE, ACCORDINGLY, DISMISSED AS SUCH. 3. IN THE RESULT, THE CROSS OBJECTIONS OF THE REVEN UE ARE DISMISSED. DECISION PRONOUNCED IN THE OPEN COURT ON THIS 21 ST DAY OF SEPTEMBER, 2011. SD/- SD/- (I C SUDHIR) JUDICIAL MEMBER (G.S. PANNU) ACCOUNTANT MEMBER PUNE: DATED:21 ST SEPTEMBER, 2011 B COPY OF THE ORDER IS FORWARDED TO : 1. CROSS OBJECTOR 2. RESPONDENT 3. THE CIT(A) KOLHAPUR 4. THE CIT, KOLHAPUR 5. THE D.R, B BENCH, PUNE 6. GUARD FILE TRUE COPY BY ORDER ASSISTANT REGISTRAR ITAT, PUNE BENCHES, PUNE