M/s Aarham Softronics, Solan V. DCIT, Parwanoo

ITA 1058/CHANDI/2016

• Counselvise Citation: [2017] 127 COUNSELVISE.COM (IT) 6787 (ITAT-CHANDIGARH)
• Duration Of Justice: 1 year(s) 7 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 13-10-2017
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: Not Allotted
• Assessment Year: 2012-2013
• Appeal Filed On: 06-10-2016
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: CHANDER KANTA

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL DIVISION BENCH A, CHANDIGARH BEFORE MS. DIVA SINGH, JUDICIAL MEMBER AND SHRI B.R.R.KUMAR, ACCOUNTANT MEMBER ITA NO. 1058/CHD/2016 ASSESSMENT YEA R : 2012-2013 M/S AARHAM SOFTRONICS, VS. THE DCIT, PLOT NO. 30, INDL. AREA, CIRCLE, BADDI, DISTT. SOLAN PARWANOO. PAN NO. AALFA1356L (APPELLANT) (RESPONDENT) APPELLANT BY : SHRI VINEET KRISHAN RESPONDENT BY : SMT. CHANDER KANTA, CIT-DR DATE OF HEARING : 31.08.2017 DATE OF PRONOUNCEMENT : 13.10.2017 ORDER PER DIVA SINGH,JM THE PRESENT APPEAL HAS BEEN FILED BY THE ASSESSEE ASSAILING THE CORRECTNESS OF THE ORDER DATED 05.08.2016 OF CIT (APPEALS) SHIMLA PERT AINING TO 2012-13 ASSESSMENT YEAR. 2. IT IS COMMON STAND OF THE PARTIES BEFORE THE BEN CH THAT THE ISSUE, SO FAR AS THE PRESENT FORUM IS CONCERNED, IS COVERED AGAINST THE ASSESSEE AS THE ASSESSEE HAD CLAIMED 100% EXEMPTION U/S 80IC OF THE ACT ON THE GROUNDS O F EXPANSION IN 2006-07. SINCE THE PRESENT ASSESSMENT YEAR, ADMITTEDLY AS PER RECORD I S 7 TH YEAR, ACCORDINGLY, WE FIND THAT THERE WAS NO MERIT IN THE PRESENT APPEAL IN THE FAC TS, AS THEY STAND. 3. RESPECTFULLY FOLLOWING THE ORDER OF THE ITAT IN ITA 798/CHD/2012 IN HYCRON ELECTRONICS V ITO DATED 27.05.2015, THE APPEAL OF T HE ASSESSEE IS DISMISSED. WHILE SO CONCLUDING, IT IS NOTED THAT THE ASSESSEE HAS NOT ACCEPTED THE DECISION AND WOULD CONTEST THE ISSUE BEFORE THE HON'BLE HIGH COURT. 4. IN THE RESULT, APPEAL OF THE ASSESSEE IS DISMISSED. ORDER PRONOUNCED IN THE OPEN COURT ON 13 TH OCT.,2017. SD/- SD/- ( B.R.R.KUMAR) DIVA SINGH) ACCOUNTANT MEMBER JUDICIAL MEMBER POONAM COPY TO: 1. THE APPELLANT 2. THE RESPONDENT 3. THE CIT 4. THE CIT(A) 5. THE DR ASSTT. REGISTRAR ITAT,CHANDIGARH.