NATIONAL BICYCLE CORPORATION OF INDIA LTD, MUMBAI V. ACIT CIR 7(1), MUMBAI

ITA 1398/MUM/2010

• Counselvise Citation: [2011] 134 COUNSELVISE.COM (IT) 8970 (ITAT-MUMBAI)
• Duration Of Justice: 11 month(s) 5 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 24-01-2011
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: J
• Next Hearing Date: 24-01-2011
• Assessment Year: 2003-2004
• Appeal Filed On: 19-02-2010
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: MRS KUSUM INGLE
• Assessee Lawyers: ASHOK PRADHAN

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL J BENCH, MUMBAI. BEFORE SHRI R.V.EASWAR, PRESIDENT AND SHRI R.K. PANDA, ACCOUNTANT MEMBER I.T.A. NO.1398/MUM/2010 (ASSESSMENT YEAR : 2003-04) NATIONAL BICYCLE CORPORATION OF INDIA LTD. 250, WORLI, P.O. PRABHADEVI, MUMBAI-400 030. PAN:AAACN1788M VS. THE ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE-7(1), AAYAKAR BHAVAN, M.K.ROAD, MUMBAI-400 020. (APPELLANT) (RESPONDENT) APPELLANT BY : MR. ASHOK PRADHAN RESPONDENT BY : MRS. KUSUM INGLE, CIT DR O R D E R PER R.V.EASWAR, PRESIDENT: THIS IS AN APPEAL BY THE ASSESSEE WHICH IS A PUBLIC SECTOR UNDERTAKING. AT THE TIME O F THE HEARING, IT WAS POINTED OUT ON BEHALF OF THE ASSESSEE THAT T HE COD HAS REFUSED PERMISSION TO THE ASSESSEE TO PURSUE THE AP PEAL. COPY OF THE MINUTES OF THE COD HAS BEEN FILED. THE APPEA L IS THEREFORE DISMISSED FOR WANT OF PERMISSION FROM THE COD. ORDER PRONOUNCED IN THE OPEN COURT ON THIS 2 4 TH DAY OF JANUARY, 2011. SD/- ( R.K. PANDA ) SD/- ( R.V.EASWAR ) ACCOUNTANT MEMBER PRESIDENT MUMBAI, DATED 24 TH JANUARY, 2011. SOMU COPY TO : 1. THE APPELLANT 2. THE RESPONDENT 3. THE CIT-7, MUMBAI. 4. THE CIT(A)-13 , MUMBAI 5. THE DR J BENCH /TRUE COPY/ BY ORDE R ASSTT. REGISTRAR, I.T.A.T, MUMBAI