NABROS PHARMA PVT. LTD., Ahmedabad V. THE CIT-II, Baroda

ITA 1195/AHD/2009

• Counselvise Citation: [2012] 140 COUNSELVISE.COM (IT) 60222 (ITAT-AHMEDABAD)
• Duration Of Justice: 2 year(s) 11 month(s) 17 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 04-04-2012
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: A
• Next Hearing Date: 15-03-2012
• Assessment Year: 2004-2005
• Appeal Filed On: 17-04-2009
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: KARTAR SINGH
• Section: 143(3); 80G; 263

Judgement Text

, , , , , IN THE INCOME TAX APPELLATE TRIBUNAL AT AHMEDABAD, A BENCH . .. . . .. . , !'# !'# !'# !'#, , , , $ $ $ $ %&'( %&'( %&'( %&'(, , , , )* + ) )* + ) )* + ) )* + ) # # # # BEFORE S/SHRI G.C. GUPTA, VICE-PRESIDENT AND ANIL CHATURVEDI, ACCOUNTANT MEMBER) ITA NO.1195/AHD/2009 [ASSTT.YEAR : 2004-2005] NABROS PHARMA PVT. LTD. 401, ASHWAMEGH COMPLEX NR. MITHAKHALI UNDERBRIDGE NAVRANGPURA, AHMEDABAD. PAN : AAACN 7888 N /VS. DCIT, KHEDA CIR. NADIAD. ( (( (-. -. -. -. / APPELLANT) ( (( (/0-. /0-. /0-. /0-. / RESPONDENT) 1& 2 3 )/ ASSESSEE BY : MS. URVASHI SHODHAN + 2 3 )/ REVENUE BY : SHRI KARTARSINGH, CIT-DR 5 2 &(*/ DATE OF HEARING : 15 TH MARCH, 2012 678 2 &(*/ DATE OF PRONOUNCEMENT : 04-04-2012 )9 / O R D E R PER G.C. GUPTA, VICE-PRESIDENT: THIS IS ASSESSEES APPEAL DIRECTED AGAINST THE ORDER OF THE COMMISSION ER OF INCOME TAX- I, BARODA DATED 30.3.2009. 2. THE ONLY ISSUE REGARDING VALIDITY OF ORDER PASSE D BY THE CIT UNDER SECTION 263 OF THE ACT. THE LEARNED COUNSEL FOR THE ASSESSEE ITA NO.1195/AHD/2009 -2- HAS FILED THE ASSESSMENT ORDER PASSED BY THE AO IN CONSEQUENCE OF ORDER PASSED BY THE CIT, UNDER SECTION 263 OF THE A CT IN WHICH THE ISSUE RESTORED THE FILE OF THE AO BY THE CIT HAS BE EN DECIDED IN FAVOUR OF THE ASSESSEE ACCEPTING THE ISSUE OF DEDUC TION UNDER SECTION 80G OF THE ACT. IN THE LIGHT OF THE ASSESSMENT ORD ER UNDER SECTION 143(3) R.W.S. SECTION 263 OF THE ACT, THE LEARNED C OUNSEL FOR THE ASSESSEE SUBMITTED THAT SINCE THE ISSUE HAS BEEN AC CEPTED AND DECIDED IN FAVOUR OF THE ASSESSEE BY THE AO, THE PRESENT GR OUNDS OF APPEAL OF THE ASSESSEE ARE NOT PRESSED. 3. WE HAVE HEARD BOTH THE PARTIES AND PERUSED THE O RDERS OF THE AUTHORITIES BELOW. IN VIEW OF THE SUBMISSIONS OF T HE LEARNED COUNSEL FOR THE ASSESSEE, WE DISMISS THE GROUNDS OF THE ASS ESSEE AS NOT PRESSED. 4. IN THE RESULT, THE ASSESSEES APPEAL IS DISMISSE D. ORDER PRONOUNCED IN OPEN COURT ON THE DATE MENTIONE D HEREINABOVE. SD/- SD/- ( %&'( %&'( %&'( %&'( / ANIL CHATURVEDI) )* + )* + )* + )* + /ACCOUNTANT MEMBER ( . .. . . .. . /G.C. GUPTA) !'# !'# !'# !'# /VICE-PRESIDENT C OPY OF THE ORDER FORWARDED TO: 1) : APPELLANT 2) : RESPONDENT 3) : CIT(A) 4) : CIT CONCERNED 5) : DR, ITAT. BY ORDER DR/AR, ITAT, AHMEDABAD