Joint Commissioner of Income-tax, (OSD), Panvel Circle, Panvel V. M/s. Johnson Matthey Chemicals India Pvt.Ltd, Raigad

ITA 1100/PUN/2019

• Counselvise Citation: [2022] 105 COUNSELVISE.COM (IT) 0817 (ITAT-PUNE)
• Duration Of Justice: 2 year(s) 10 month(s) 18 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 29-05-2022
• Appeal Filed By: Department
• Order Result: Dismissed
• Bench Allotted: A
• Assessment Year: 2007-2008
• Appeal Filed On: 11-07-2019
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Section: 143(3)

Judgement Text

आयकर अपीलीय अधिकरण “ए” न्यायपीठ पुणे में । IN THE INCOME TAX APPELLATE TRIBUNAL “A” BENCH, PUNE BEFORE SHRI INTURI RAMA RAO, ACCOUNTANT MEMBER AND SHRI S.S. VISWANETHRA RAVI, JUDICIAL MEMBER आयकर अपील सं. / ITA No.1100/PUN/2019 धििाारण वर्ा / Assessment Year : 2007-08 Jt. Commissioner of Income Tax (OSD), Panvel Circle, Panvel .......अपीलार्थी / Appellant बिाम / V/s. M/s. Johnson Matthey Chemicals India Pvt. Ltd., Plot No. 6A, MIDC Industrial Estate, Taloja, Panvel. Distt.-Raigad – 410208 PAN : AABCJ1620M ......प्रत्यर्थी / Respondent Assessee by : Shri M.P. Lohia Revenue by : Shri Shivraj B. Morey सुनवाई की तारीख / Date of Hearing : 30-05-2022 घोषणा की तारीख / Date of Pronouncement : 30-05-2022 आदेश / ORDER PER S.S. VISWANETHRA RAVI, JM : This appeal by the Revenue against the order dated 15-04-2019 passed by the Commissioner of Income Tax (Appeals)-1, Aurangabad [‘CIT(A)’] for assessment year 2007-08. 2. At the outset, we note that the present appeal filed by the Revenue challenging the action of CIT(A) in allowing assessee’s appeal which was filed against the order of AO passed u/s. 143(3) r.w.s. 263 of the Act. 2 ITA No.1100/PUN/2019, A.Y. 2007-08 3. The CIT(A) in his order at Para No. 5 observed that the Pune Tribunal set aside the order passed by the CIT-2, Thane u/s. 263 of the Act and held consequential order passed by the AO u/s. 143(3) r.w.s. 263 of the Act has no legs to stand. The ld. DR, Shri Shivraj B. Morey submits that the appellant-revenue filed an appeal before the Hon’ble High Court of Bombay against the order of ITAT and prayed to keep this appeal in abeyance till date the disposal of the same by the Hon’be High Court. The ld. AR, Shri M.P. Lohia submits that when the ITAT quashed the order passed u/s. 263 of the Act and the consequential order therein does not stand and this appeal should be dismissed as infructuous. The ld. DR prayed that atleast liberty may be given to the Revenue to restore this appeal in case Revenue’s succeeds before the Hon’ble High Court of Bombay. Therefore, considering the facts and circumstances of the case and in the interest of justice, we treat this appeal as infructuous but, however, liberty granted to the appellant-revenue to make an application in case of favourable orders from the Hon’ble Jurisdictional High Court. Thus, the ground raised by the Revenue becomes infructuous. 4. In the result, the appeal of Revenue is dismissed. Order pronounced in the open court on 30 th May, 2022. Sd/- Sd/- (Inturi Rama Rao) (S.S. Viswanethra Ravi) ACCOUNTANT MEMBER JUDICIAL MEMBER पुणे / Pune; दिनाांक / Dated : 30 th May, 2022. रदव 3 ITA No.1100/PUN/2019, A.Y. 2007-08 आदेश की प्रधिधलधप अग्रेधर्ि / Copy of the Order forwarded to : 1. अपीलार्थी / The Appellant. 2. प्रत्यर्थी / The Respondent. 3. The CIT(A)-1, Aurangabad 4. The Pr. CIT-2, Thane 5. दवभागीय प्रदतदनदि, आयकर अपीलीय अदिकरण, “ए” बेंच, पुणे / DR, ITAT, “A” Bench, Pune. 6. गार्ड फ़ाइल / Guard File. //सत्यादपत प्रदत// True Copy// आिेशानुसार / BY ORDER, वररष्ठ दनजी सदचव / Sr. Private Secretary आयकर अपीलीय अदिकरण ,पुणे / ITAT, Pune