M/s.BRAHMOS AEROSPACE(Thiruvananthapuram) Ltd, Trivandrum V. The ACIT, Trivandrum

ITA 100/COCH/2016

• Counselvise Citation: [2016] 132 COUNSELVISE.COM (IT) 8640 (ITAT-COCHIN)
• Duration Of Justice: 2 month(s) 8 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 05-05-2016
• Appeal Filed By: Assessee
• Bench Allotted: DB
• Next Hearing Date: 20-11-2017
• Assessment Year: 2009-2010
• Appeal Filed On: 26-02-2016
• Court: TRIBUNAL
• Department Lawyers: K P GOPAKUMAR
• Assessee Lawyers: MEKHALA M BENNY

Judgement Text

ITA NOS.100-102/COCH/2016 1 IN THE INCOME TAX APPELLATE TRIBUNAL COCHIN BENCH, COCHIN BEFORE S/SHRI B P JAIN, AM & GEORGE GEORGE.K, JM ITA NOS.100-102/COCH/2016) (ASST YEARS : 2009-10, 2010-11, 2011-12) M/S. BRAHMOS AEROSPACE THIRUVANANTHAPURAM LIMITED, AIRPORT ROAD, CHACKAI, TRIVANDRUM-07. THE ASSISTANT COMMISSIONER OF INCOME-TAX, CIRCLE-1(1), TRIVANDRUM. ( ASSESSEE APPELLANT) VS (REVENUE -RESPONDENT) PAN NO. AABCK 2217K] ASSESSEE BY MS. MEKHALA M. BENNY, ADV. REVENUE BY SHRI K P GOPAKUMAR, SR DR DATE OF HEARING 05/05/2016 DATE OF PRONOUNCEMENT 05/05/2016 ORDER PER BENCH THESE THREE APPEALS, AT THE INSTANCE OF THE A SSESSEE, ARE DIRECTED AGAINST THE CONSOLIDATED ORDER OF THE LD. CIT(A), TRIVANDRU M DATED 06/01/2016. THE RELEVANT ASSESSMENT YEARS ARE 2009-10 TO 2011-12. 2. IDENTICAL GROUNDS ARE RAISED IN ALL THESE APPEA LS AND THEY READ AS FOLLOWS: 1. THE CIT(A) ERRED IN DELETING THE INTEREST INCOME OF DRDO AND ISRO, TWO DEPARTMENTS OF GOVERNMENT OF INDIA ADDED BY THE ASS ESSING OFFICER IN THE INCOME OF THE APPELLANT COMPANY. IT IS HUMBLY PRAY ED THAT THE ADDITION MADE BY THE ASSESSING OFFICER BE DELETED AND JUSTIC E BE RENDERED TO THE APPELLANT. ITA NOS.100-102/COCH/2016 2 3. THE ABOVE GROUND IS VAGUE AND DOES NOT HAVE ANY SPECIFIC PRAYER FOR ADJUDICATION. HENCE, THESE APPEALS FILED BY THE A SSESSEE ARE DISMISSED WITH LIBERTY TO FILE FRESH APPEAL OR FILE A MISCELLANEOU S PETITION WITH REVISED GROUNDS OF APPEAL. IT IS ORDERED ACCORDINGLY. 4. IN THE RESULT, THE THREE APPEALS FILED BY THE ASSESSEE ARE DISMISSED. ORDER PRONOUNCED IN THE OPEN COURT ON 05/05/2016 SD/- SD/- (GEORGE GEORGE K.) (B.P. JAIN) JUDICIAL MEMBER ACCOUNTANT MEMBER PLACE : COCHIN DATED: 05 TH MAY, 2016 GJ COPY TO: 1. M/S. BRAHMOS AEROSPACE THIRUVANANTHAPURAM LIMIT ED, AIRPORT ROAD, CHACKAI, TRIVANDRUM-07. 2. THE ASSISTANT COMMISSIONER OF INCOME-TAX, CIRCLE -1(1), TRIVANDRUM. 3. THE COMMISSIONER OF INCOME-TAX(APPEALS, TRIVANDR UM. 4. THE COMMISSIONER OF INCOME-TAX, TRIVANDRUM. 5. THE DR/ITAT, COCHIN BENCH. 6. GUARD FILE. BY ORDER ASSISTANT REGISTRAR ITAT, COCHIN ITA NOS.100-102/COCH/2016 3 1.DATE OF DICTATION : 05/05 /201 6 2.DATE ON WHICH THE TYPED DRAFT IS PLACED 05/05 /2016 BEFORE THE DICTATING MEMBER OTHER MEMBER: 3.DATE ON WHICH THE APPROVED DRAFT COMES TO THE SR . PS/PS: 05/05/2016 4. DATE ON WHICH THE FAIR ORDER IS PLACED BEFORE TH E DICTATING MEMBER : 05/05/2016 5. DATE ON WHICH THE FAIR ORDER COMES BACK TO THE S R. PS/PS : 05/05/2016 6. NO. OF PGS. OF DICTATION PAD PLACED ON RECORD 7. NO. OF PGS. OF DRAFT OF THE ORDER PLACED ON RE CORD 8. DATE ON WHICH THE FILE GOES TO BENCH CLERK: 05 /05/2016 9. DATE ON WHICH THE FILE GOES TO HEAD CLERK: 10. DATE ON WHICH THE FILE GOES TO ASSISTANT REGIST RAR 11. DATE OF DISPATCH OF THE ORDER: