DCIT CEN CIR 5(3), MUMBAI V. SUMER CORPORATION, MUMBAI

ITA 1248/MUM/2015

• Counselvise Citation: [2015] 121 COUNSELVISE.COM (IT) 2199 (ITAT-MUMBAI)
• Duration Of Justice: 9 month(s) 21 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 22-12-2015
• Appeal Filed By: Department
• Order Result: Dismissed
• Bench Allotted: E
• Assessment Year: 2010-2011
• Appeal Filed On: 03-03-2015
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Department Lawyers: A K KARDA M
• Keywords: Tax effect

Judgement Text

SUMER CORPORATION ITA NO. 1248 /MUM/2015 & 2 6 OTHERS 1 / IN THE INCOME TAX APPELLATE TRIBUNAL MUMBAI BENCH D / K, MUMBAI , , BEFORE SHRI AMIT SHUKLA , JUDICIAL MEMBER AND SHRI RAMIT KOCHAR , ACCOUNTANT MEMBER ITA NO. : 1248 /MUM/201 5 (ASSESSMENT YEAR: 20 1 0 - 11 ) THE DY. COMMISSIONER OF INCOME - TAX , CENTRAL CIRCLE - 5(3), ROOM NO. 11, AAYAKAR BHAVAN, M K MARG MUMBAI - 400 0 20 VS M/S SUMER CORPORATION , 220, COMMERCE HOUSE, 140 N M ROAD, FORT, MUMBA I - 400 023 .: PAN: A ACFS 4279 F (APPELLANT) (RESPONDENT) APPELLANT BY : SHRI A K KARDAM RESPONDENT BY : NONE ITA NO. : 9 00 /MUM/2015 (ASSESSMENT YEAR: 20 1 0 - 11 ) INCOME TAX OFFICER - 17 ( 2 )( 4 ), ROOM NO. 123 , B/H AAYAKAR BHAVAN, M K ROAD, MUMBAI - 400 02 0 VS NEELAM INDUSTRIES , 607, EAMBASSY CENTRE, NARIMAN POINT, MUMBAI - 400 0 2 1 .: PAN: AACFN 6263 G (APPELLANT) (RESPONDENT) APPELLANT BY : SHRI A K KARDAM RESPONDENT BY : NONE ITA NO. : 1609 /MUM/2015 (ASSESSMENT YEAR: 200 9 - 1 0 ) ACIT - 31 (3), ROOM NO. 208, 2 ND FLOOR, C - 10, BKC, MUMBAI - 400 051 VS SURESH P WAGHE , 36 HRA APARTMENT, NEAR MAHINDRA GARDEN, S V ROAD, GOREGAO N (WEST) MUMBAI .: PAN: AA SPW 4808 N (APPELLANT) (RESPONDENT) APPELLANT BY : SHRI A K KARDAM RESPONDENT BY : NONE ITA NO. : 1746 /MUM/2015 (ASSESSMENT YEAR: 200 8 - 0 9 ) ACIT - 24 ( 3 ), 612, PIRAMAL C HAMBERS, LALBAUG, MUMBAI - 400 0 1 2 VS SMT PUSHPA G SHAH, 35/27, FLAT NO. 4, NITYANAND NAGAR NO. 3, SAHAR ROAD, ANDHERI (EAST), MUMBAI - 400 067 .: PAN: AABCN 9153 B (APPELLANT) (RESPONDENT) APPELLANT B Y : SHRI A K KARDAM RESPONDENT BY : NONE SUMER CORPORATION ITA NO. 1248 /MUM/2015 & 2 6 OTHERS 2 ITA NO. : 1 7 6 9 /MUM/2015 (ASSESSMENT YEAR: 200 9 - 1 0 ) INCOME TAX OFFICER - 2 0 (3)( 3 ), ROOM NO. 614, 6 TH FLOOR, PIRAMAL CHAMBERS, LALBAUG, PAREL, MUMBAI - 400 0 1 2 VS SMT. SHENAZ F. JEHANI, 762, 1 S T FLOOR, FLAT NO. 4, AHURA, MANCHERJI JOSHI ROAD, DADAR PARSI COLONY, DADAR, MUMBAI - 400 0 14 .: PAN: ABAPJ 2203 M (APPELLANT) (RESPONDENT) APPELLANT BY : SHRI A K KARDAM RESPONDENT BY : NONE ITA NO. : 270 /MUM/2015 (ASSESSMENT YEAR: 20 1 0 - 11 ) INCOME TAX OFFICER - 35(3)(1) , ROOM NO. 405, C - 12, 4 TH FLOOR, PRATYAKSH KAR BHAVAN, BANDRA KURLA COMPLEX, BANDRA (EAST), MUMBAI - 400 051 VS SHRI SANJAY SINGH, E - 303, ATRIUM, KALAKSHETRA ROAD, CHENNAI - 600 041 .: PAN: APPPS 0174 M (APPELLANT) (RE SPONDENT) APPELLANT BY : SHRI A K KARDAM RESPONDENT BY : NONE ITA NO. : 892 /MUM/2015 (ASSESSMENT YEAR: 20 1 0 - 11 ) DCIT - 2(3)(2), ROOM NO. 556, 5 TH FLOOR, AAYAKAR BHAVAN, M K ROAD, MUMBAI - 400 020 VS M/S STOCK TRA DERS PVT LTD , 63, SONAWALA, BOMBAY SAMACHAR MARG, FORT, MUMBAI - 400 0 01 .: PAN: AA ACS 7235 A (APPELLANT) (RESPONDENT) APPELLANT BY : SHRI A K KARDAM RESPONDENT BY : NONE ITA NO. : 844 /MUM/2015 (ASSESSMENT YEAR: 20 1 0 - 1 1 ) ITO 34(1)(4) , 2 ND FLOOR, R. NO. 204 PRATYAKSHKAR BHAVAN, BKC BANDRA(E), MUMBAI - 400 051 VS RAMESHWARAPRASAD AGARWAL, 303 - A, SION SHELTER S G BARVE MARG, NEHRU NAGAR, KURLA (E), MUMBAI 400 024 .: PAN: AB R P A 1081 H (APPELLANT) (RESPONDENT) APPELLANT BY : SHRI A K KARDAM RESPONDENT BY : NONE SUMER CORPORATION ITA NO. 1248 /MUM/2015 & 2 6 OTHERS 3 ITA NO. : 1471 /MUM/2015 (ASSESSMENT YEAR: 20 11 - 1 2 ) ITO 27(5)(5), 4 TH FLOOR, TOWER NO. 6, ROOM NO. 401A, VASHI RAILWAY STATION COMPLEX, VASHI, NAVI MUMBAI - 400 703 VS VENKATESH S KAMATH, UNIT III, PLOT NO. RL - 76, 16 TH ROAD, MILAP NAGAR, MIDC, RESIDENTIAL AREA, DOMBIVALI(E) - 421 201, THANE, .: PAN: AFPPK 5271 D (APPELLANT) (RESPONDENT) APPELLANT BY : SHRI A K KARDAM RESPONDENT BY : NONE ITA NO. : 1773 /MUM/2015 (ASSESSMENT YEAR: 20 1 0 - 11 ) INCOME TAX OFFICER - 35 ( 2 )( 3 ), 313, C - 12, 3 RD FLOOR, PRATYAKSH KAR BHAVAN BANDRA KURLA COMPLEX, BANDRA (EAST), MUMBAI - 400 0 51 VS SMT MEENA VASWANI , 301, TROPICANA, 7, BUNGLOW, NEAR NANA NANI PARK, ANDHERI (WEST), MUMBAI - 400 051 .: PAN: ACJPV 8378 B (APPELLA NT) (RESPONDENT) APPELLANT BY : SHRI A K KARDAM RESPONDENT BY : NONE ITA NO. : 1391 /MUM/2015 (ASSESSMENT YEAR: 200 8 - 09 ) DCIT CENTRAL CIRCLE - 5(3) , ROOM NO. 11, AAYAKAR BHAVAN, M K ROAD, MUMBAI - 40 0 020 VS M/S SUMER CORPORATION, 220, COMMERCE HOUSE, 140, N M ROAD, FORT, MUMBAI - 400 023 .: PAN: A AC FS 4279 F (APPELLANT) (RESPONDENT) APPELLANT BY : SHRI A K KARDAM RESPONDENT B Y : NONE ITA NO. : 1357 /MUM/2015 (ASSESSMENT YEAR: 20 08 - 09 ) DCIT CENTRAL CIRCLE - 1(1) , ROOM NO. 903, 9 TH FLOOR, OLD CGO BUILDING, M K ROAD, CHURCHGATE, MUMBAI - 400 02 0 VS M/S ROLTA SHARES & STOCKS PRIVATE LIMITED, UNIT NO. 10, 17 TH FLOOR, WORLD TR ADE CENTRE, CUFFE PARADE, COLABA, MUMBAI - 400 005 .: PAN: AA A CR 3156 M (APPELLANT) (RESPONDENT) APPELLANT BY : SHRI A K KARDAM RESPONDENT BY : NONE SUMER CORPORATION ITA NO. 1248 /MUM/2015 & 2 6 OTHERS 4 ITA NO. : 1352 /MUM/2015 (ASSESSMENT YEAR: 2009 - 1 0 ) ACIT 19 ( 1 ), 2 ND FLOO R, MATRU MANDIR, TARDEO ROAD, MUMBAI - 400 007 VS SHRI BIPIN T VAZIRANI, FLAT NO. 13, SUNIT APARTMENTS, 31A, CHARMICHAEL ROAD, MUMBAI .: PAN: AA APV 8937 B (APPELLANT) (RESPONDENT) APPELLANT BY : SHR I A K KARDAM RESPONDENT BY : NONE ITA NO. : 1354 /MUM/201 5 (ASSESSMENT YEAR: 2008 - 09 ) INCOME TAX OFFICER 19(3) (2) , MATRU MANDIR, MUMBAI VS M/S SAROJ SALES ORGANIZATION , PLOT NO. A/62 - 63, MIDC, ANDHERI EAST, MUMBAI - 400 0 93 .: PAN: AA NFS 3944 H (APPELLANT) (RESPONDENT) APPELLANT BY : SHRI A K KARDAM RESPONDENT BY : NONE ITA NO. : 1349 /MUM/201 5 (ASSESSMENT YEAR: 20 1 1 - 1 2 ) INCOME TAX OFFICER(INTERNATIONAL TA XATION) 2 (1)(1), ROOM NO. 114, 1 ST FLOOR, SCINDIA HOUSE, BALLARD ESTATE, MUMBAI - 400 0 38 VS MOHAN BHAGCHAND CHANDIRAMANI, FLAT NO. 22, 2 ND FLOOR, EVEREST APT. OFF MOUNT PLEASANT ROAD, MALABAR HILL, MUMBAI - 400 006 .: PAN: AGAPC 9469 G (APPELLANT) (RESPONDENT) APPELLANT BY : SHRI A K KARDAM RESPONDENT BY : NONE ITA NO. : 1350 /MUM/201 5 (ASSESSMENT YEAR: 20 1 1 - 1 2 ) ACIT 19 (1), 2 ND FLOOR, MATRU MANDIR, TARDEO ROAD,, MUMBAI - 400 007 VS SHRI BIPIN T VAZIRANI , FLAT NO. 13, SUNIT APTS., 31A, CHARMICHAEL ROAD, MUMBAI .: PAN: AA APV 8937 B (APPELLANT) (RESPONDENT) APPELLANT BY : SHRI A K KARDAM RESPONDENT BY : NONE ITA NO. : 1353 /MUM/201 5 (ASSESSMENT YEAR: 20 10 - 11 ) ACIT 19(1), 2 ND FLOOR, MATRU MANDIR, TARDEO ROAD,, MUMBAI - 400 007 VS SHRI BIPIN T VAZIRANI, FLAT NO. 13, SUNIT APTS., 31A, CHARMICHAEL ROAD, MUMBAI .: PAN: AAAPV 8937 B (APPELLANT) (RESPONDENT) APPELLANT BY : SHRI A K KARDAM RESPONDENT BY : NONE SUMER CORPORATION ITA NO. 1248 /MUM/2015 & 2 6 OTHERS 5 ITA NO. : 2520 /MUM/201 5 (ASSESSMENT YEAR: 20 0 5 - 0 6 ) D CIT 8( 3 )(2) , ROOM NO. 615, 6 TH FLOOR, AAYAKAR BHAVAN, M K ROAD, MUMB AI - 400 034 VS SHRI VISHAL VIJAY GUPTA, 2A, ARASWATI SADAN, 47 BHULABHAI DESAI ROAD, MUMBAI - 400 034 .: PAN: AABPG 9957 B (APPELLANT) (RESPONDENT) APPELLANT BY : SHRI A K KARDAM R ESPONDENT BY : NONE ITA NO. : 1 31 0 /MUM/201 5 (ASSESSMENT YEAR: 20 1 0 - 1 1 ) INCOME TAX OFFICER 20(3) ( 1 ) , ROOM NO. 622, 6 TH FLOOR, PIRAMAL CHAMBERS, PAREL, MUMBAI - 4 00 0 1 2 VS M/S RAHUL URBAN CO - OP CREDIT SOCIETY , 619/9, LAXMI BLDG., N M JOSHI ROAD, BYCULL A(WEST), MUMBAI - 400 0 17 .: PAN: AA AJR 0097 G (APPELLANT) (RESPONDENT) APPELLANT BY : SHRI A K KARDAM RESPONDENT BY : NONE ITA NO. : 1317 /MUM/201 5 (ASSESSMENT YEAR: 20 08 - 0 9 ) DY. CIT - 10(2)(1), R. NO. 2 16 - A, AAYAKAR BHAVAN, M K ROAD, MUMBAI - 400 020 VS M/S LAFFANS PETROCHEMICALS LTD , 10, LUTHRA INDUSTRIAL PREMISES, ANDHERI KURLA ROAD, SAFED POOL, ANDHERI (EAST), MUMBAI - 400 072 .: PAN: AAACL 0645 D (APPELLANT) (RESPON DENT) APPELLANT BY : SHRI A K KARDAM RESPONDENT BY : NONE ITA NO. : 1283 /MUM/201 5 (ASSESSMENT YEAR: 20 0 6 - 0 7 ) ACIT 8 ( 2 ) (2) , ROOM NO. 624, M K ROAD, MUMBAI - 400 0 2 0 VS M/S SPYKAR LIFESTYLES PVT LTD , KUSHAL HOUS E, 384, VEER SAVARKAR MARG, PRABHADEVI, MUMBAI - 400 02 5 .: PAN: AAECS 3455 N (APPELLANT) (RESPONDENT) APPELLANT BY : SHRI A K KARDAM RESPONDENT BY : NONE SUMER CORPORATION ITA NO. 1248 /MUM/2015 & 2 6 OTHERS 6 ITA NO. : 1337 /MUM/201 5 (ASSESSMENT YEAR: 20 05 - 0 6 ) DCIT CENTRAL CIRCLE 8 ( 3 ), ROOM NO. 65 9, 6 TH FLOOR, AAYAKAR BHAVAN, M K ROAD, MUMBAI - 400 02 0 VS M/S JSW STEEL LIMITED, JSW CENTRE, BANDRA KURLA COMPLEX, BANDRA (EAST), MUMBAI - 400 051 .: PAN: AAA CJ 4323 N (APPELLANT) (RESPONDENT) APPELLANT BY : SHRI A K KARDAM RESPONDENT BY : NONE ITA NO. : 2527 /MUM/201 5 (ASSESSMENT YEAR: 2010 - 11 ) DCIT 1(1)(1) , 579, AAYAKAR BHAVAN, M K ROAD, MUMBAI - 40 0 02 0 VS M/S COCK BRAND SINNAR BIDIS LTD, 9, JASVILIE, R. NO. 5, 1 ST FLOOR, OPP. LIBERTY CINEMA, NEW MARINE LINES, MUMBAI - 400 020 .: PAN: AAACC 1311 Q (APPELLANT) (RESPONDENT) APPELLANT BY : SH RI A K KARDAM RESPONDENT BY : NONE ITA NO. : 288 8 /MUM/201 5 (ASSESSMENT YEAR: 20 10 - 11 ) DCIT 20 (2), ROOM NO. 217, 2 ND FLOOR, PIRAMAL CHAMBERS, LALBAUG, PAREL, MUMBAI - 400 012 VS SMT NANCY B MODY , 6 - B, CHETAN, NEXT TO AURORA CINEMA, M ATUNGA (R), MUMBAI - 400 01 9 .: PAN: AA HPM 3435 E (APPELLANT) (RESPONDENT) APPELLANT BY : SHRI A K KARDAM RESPONDENT BY : NONE ITA NO. : 1440 /MUM/201 5 (ASSESSMENT YEAR: 2007 - 08 ) ACIT 13 - 3 ( 3 ), 2 ND FLOOR, ROOM NO. 227, AAYAKAR BHAVAN, M K ROAD, MUMBAI - 400 020 VS M/S VALENTINE PROPERTIES PVT LTD , LALANI AURA, BEHIND NATIONAL COLLEGEM BANDRA (WEST), MUMBAI - 400 0 5 0 .: PAN: AA ACV 0176 H (APPELLANT) (RESPONDENT) APPELLANT BY : SHRI A K KARDAM RESPONDENT BY : NONE SUMER CORPORATION ITA NO. 1248 /MUM/2015 & 2 6 OTHERS 7 ITA NO. : 1848 /MUM/201 5 (ASSESSMENT YEAR: 2006 - 07 ) THE INCOME TAX OFFICER 24(2)(2), ROOM NO. 514, PIRAMAL CHAMBERS, LALBAUG, PAREL, MUMBAI - 400 012 VS MRS. NEELAM JHAMB, PROP. M/S GLOBAL HOSPITALITY SERVICES, 2 ND FLOOR, A - WING, BEST COMMERCIAL COMPLEX, ANDHERI (WEST), MUMBAI - 400 05 8 .: PAN: AA KPJ 0479 J (APPELLANT) (RESPONDENT) APP ELLANT BY : SHRI A K KARDAM RESPONDENT BY : NONE ITA NO. : 1847 /MUM/201 5 (ASSESSMENT YEAR: 2009 - 10 ) INCOME TAX OFFICER 24(2)(3), ROOM NO. 609, 6 TH FLOOR, PIRAMAL CHAMBER, PAREL, MUMBAI - 400 012 VS MR. KIRIT B KARIA, C - 9, VERTEX V IKAS SHOPPING CENTRE, SIR M V ROAD, ANDHERI (EAST), MUMBAI - 400 069 .: PAN: AABPK 2297 A (APPELLANT) (RESPONDENT) APPELLANT BY : SHRI A K KARDAM RESPONDENT BY : NONE /DATE OF HEARING : 22 - 12 - 201 5 / DATE OF PRONOUNCEMENT : 22 - 12 - 201 5 ORDER PER BENCH : IN THE AFORESAID BUNCH OF 27 APPEALS FILED BY THE REVENUE AGAINST SEPARATE IMPUGNED ORDERS OF LD. FIRST APPELLATE AUTHORITY , IT IS PRIMA FACIE NOTICED THAT THE TAX EFFECT ON THE DISPUTED ISSUE RAISED BY THE REVENUE IN THE GROUNDS OF APPEAL ARE LESS THAN THE PRESCRIBED MONETARY LIMIT OF RS. 10 LAKHS FIXED BY THE CBDT . 2. NOW AS PER THE LATEST CBDT CIRCULAR NO. 21 OF 2015 DATED 10 TH DECEMBER, 2015, ISSUED BY THE CBDT IN PURSUANCE OF PROVISIONS CONTAINED U/S 268 A (1) HAD PRESCRIBED THE MONETARY LIMIT OF FILING OF THE APPEAL BY THE DEPARTMENT BEFORE THE INCOME - TAX APPELLATE TRIBUNAL AT RS. 10 LAKHS , THAT IS, T HE TAX A FFECT FOR SUMER CORPORATION ITA NO. 1248 /MUM/2015 & 2 6 OTHERS 8 FILIN G OF APPEAL SHOULD EXCEED THE SAID MONETARY LIMIT. THIS HAS BEEN LAID DOWN IN PARA 3 OF THE CIRCULAR WHICH READS AS UNDER: - 3. HENCEFORTH, APPEALS/SLPS SHALL NOT BE FILED IN CASES WHERE THE TAX EFFECT DOES NOT EXCEED THE MONETARY LIMITS GIVEN HEREUNDER: - S NO APPEALS IN INCOME - TAX MATTERS MONETARY LIMIT(IN RS) 1 BEFORE APPELLATE TRIBUNAL 10,00,000/ - 2 BEFORE HIGH COURT 20,00,000/ - 3 BEFORE SUPREME COURT 25,00,000/ - IT HAS FURTHER BEEN CLARIFIED BY THE CBDT THAT THE SAID INSTRUCTION WILL APPLY RETROSPECTIVELY TO THE PENDING APPEALS ALSO AND SUCH APPEALS SHOULD BE EITHER WITHDRAWN OR NOT PRESSED BY THE REVENUE. THE RELEVANT PARA 10 READS AS UNDER: - 10. THIS INSTRUCTION WILL APPLY RETROSPECTIVELY TO PENDING APPEALS TO BE FILED HENCEF ORTH IN HIGH COURTS/TRIBUNALS. PENDING APPEALS BELOW THE SPECIFIED TAX LIMITS IN PARA 3 ABOVE MAY BE WITHDRAWN/NOT PRESSED. APPEALS BEFORE THE SUPREME COURT WILL BE GOVERNED BY THE INSTRUCTIONS ON THIS SUBJECT, OPERATIVE AT THE TIME WHEN SUCH APPEAL WAS FI LED. 3. THE LD. DR BEFORE US HAS ADMITTED THAT, IN ALL THESE APPEALS, THE TAX EFFECT ON THE DISPUTED ISSUE IS PRIMA FACIE IS LESS THAN RS. 10 LAKHS. HOWEVER, HE SUBMITTED THAT THE APPEAL OF THE REVENUE CAN BE DISMISSED AS NOT PRESSED IN VIEW OF THE CIRCU LAR, SUBJECT TO LIBERTY GIVEN TO THE DEPARTMENT THAT, IN CASE IF IT IS FOUND BY THE AO THAT AFTER THE CALCULATION, THE TAX EFFECT EXCEEDS RS. 10 LAKHS , THEN THE DEPARTMENT IS AT LIBERTY TO FILE MISCELLANEOUS APPLICATION FOR RECALLING O R RESTOR ING OF SUCH O RDER. 4. AFTER CONSIDERING THE AFOREMENTIONED FACT, WE FIND THAT IN ALL THE AFORESAID CASES, THE TAX A FFECT ON THE DISPUTED ISSUE IS LESS THAN RS. 10 LAKHS AND ACCORDINGLY, IN VIEW OF THE CBDT CIRCULAR ISSUED UNDER THE TERMS OF SECTION 268A(1), SUCH AN AP PEAL IS NOT MAINTAINABLE AND ACCORDINGLY , ALL THE APPEALS IMPUGNED HEREIN ARE DISMISSED AS NOT PRESSED IN TERMS OF THE WORDING OF THE CIRCULARS. SUMER CORPORATION ITA NO. 1248 /MUM/2015 & 2 6 OTHERS 9 5. R ESULT ANTLY , ALL THE APPEALS FILED BY THE REVENUE ARE DISMISSED AS NOT MAINTAINABLE. ORDER PRONOUNCED IN TH E OPEN COURT ON 22 ND O F DEC EMBER , 2015. SD / - SD/ - ( ) ( ) (RAMIT KOCHAR ) ( A MIT SHUKLA ) ACCOUNTANT MEMBER JUDICIAL MEMBER MUMBAI, DATE: 22 ND DECEMBER , 2015 / COPY TO: - 1 ) / THE APPELLANT. 2 ) / THE RESPONDENT. 3) THE CIT (A) - 1 0 /CONCERNED _____ , MUMBAI . 4 ) THE DIRECTOR OF INCOM E TAX (IT) I /CIT____CONCERNED , MUMBAI . 5 ) / , , / THE D.R. D / K BENCH, MUMBAI. 6 ) \ COPY TO GUARD FILE. / BY ORDER / / TRUE COPY / / / , DY. / ASSTT. REGIST RAR I.T.A.T., MUMBAI * . . *CHAVAN, SR.PS