Mahanagar Telephone Nigam Ltd., New Delhi V. ACIT, New Delhi

ITA 1588/DEL/2015

• Counselvise Citation: [2018] 126 COUNSELVISE.COM (IT) 2856 (ITAT-DELHI)
• Duration Of Justice: 2 year(s) 11 month(s) 28 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 16-03-2018
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: E
• Assessment Year: 2006-2007
• Appeal Filed On: 19-03-2015
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: SHEFALI SWAROOP

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL DELHI BENCHES E : DELHI BEFORE SHRI BHAVNESH SAINI, JUDICIAL MEMBER AND SHRI L.P. SAHU, ACCOUNTANT MEMBER ITA.NO.1588/DEL./2015 ASSESSMENT YEAR 2006-2007 MAHANAGAR TELEPHONE NIGAM LTD., 9, CGO COMPLEX, LODHI ROAD, NEW DELHI 110 003. PAN AAACL0828R VS THE ACIT, LTU, NEW DELHI 110 002. (APPLICANT) (RESPONDENT) FOR ASSESSEE : SHRI VED JAIN, ADVOCATE FOR REVENUE : MS. SHEFALI SWAROOP, CIT.D.R. DATE OF HEARING : 16.03.2018 DATE OF PRONOUNCEMENT : 16.03.2018 ORDER PER BHAVNESH SAINI, J.M. THIS APPEAL BY ASSESSEE HAS BEEN DIRECTED AGAINST THE ORDER OF THE LD. CIT(A)-22, NEW DELHI, DATED 23 RD JANUARY, 2015, FOR THE A.Y. 2006-2007, CHALLENGING THE ENHAN CEMENT TO VALUE OF THE FRINGE BENEFITS. 2. LEARNED COUNSEL FOR THE ASSESSEE FILED COPY OF THE ORDER OF THE DCIT, LTU, NEW DELHI, FOR SAME ASSESSM ENT YEAR. 2 ITA.NO.1588/DEL./2015 MAHANAGAR TELEPHONE NIGAM LTD., NEW DELHI. THIS WAS IN THE CASE OF THE ASSESSEE DATED 2 ND FEBRUARY, 2016, IN WHICH THE A.O. HAS ACCEPTED THE VALUE OF THE FRI NGE BENEFIT DECLARED BY THE ASSESSEE-COMPANY. HE HAS, THEREFORE , SUBMITTED THAT APPEAL OF ASSESSEE HAS BECOME INFRUC TUOUS. 3. IN VIEW OF THE ABOVE, APPEAL OF ASSESSEE IS DIS MISSED AS HAVE BECOME INFRUCTUOUS. ORDER PRONOUNCED IN THE OPEN COURT. SD/- SD/- (LP SAHU) (BHAVNESH SAINI) ACCOUNTANT MEMBER JUDICIAL MEMBER DELHI, DATED 16 TH MARCH, 2018 VBP/- COPY TO 1. THE APPLICANT 2. THE RESPONDENT 3. CIT(A) CONCERNED 4. CIT CONCERNED 5. D.R. ITAT E BENCH, DELHI 6. GUARD FILE. // BY ORDER // ASSISTANT REGISTRAR : ITAT DELHI BENCHES : DELHI.