Virat Ship Breaking Corporation, Bharuch V. The Dy.CIT.,Circle-1, Bhavnagar

ITA 2591/AHD/2009

• Counselvise Citation: [2009] 115 COUNSELVISE.COM (IT) 0501 (ITAT-AHMEDABAD)
• Duration Of Justice: 1 month(s) 28 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 13-11-2009
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: C
• Next Hearing Date: 13-11-2009
• Assessment Year: 2000-2001
• Appeal Filed On: 15-09-2009
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: SHELLEY JINDAL
• Assessee Lawyers: B R POPAT
• Section: 263

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL AHMEDABAD BENCH C BEFORE SHRI T.K.SHARMA, JUDICIAL MEMBER AND SHRI N.S. SAINI, ACCOUNTANT MEMBER DATE OF HEARING: 13/11/2009 DRAFTED ON: 16/11 /2009 ITA NO.2591/AHD/2009 ASSESSMENT YEAR : 2000-2001 VIRAT SHIP BREAKING CORPORATION C/O. MANSING CHAUDHARY B/10 MILLENNIUM MARKET PANCH BATI, BHARUCH GUJARAT. VS. THE DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE-1 BHAVNAGAR. PAN/GIR NO. : AABFV-5984H (APPELLANT) .. (RESPONDENT) APPELLANT BY : SHRI B.R.POPAT RESPONDENT BY: SHRI SHELLEY JINDAL CIT D.R. O R D E R PER N.S.SAINI , ACCOUNTANT MEMBER :- THIS AN APPEAL FILED BY THE ASSESSEE AGAINST THE ORDER OF CIT-VI, AHMEDABAD DATED 22.03.2005 IN APPEAL NO. CIT.VI/AHD /13-8/263/2003-04 UNDER SECTION 263 OF THE ACT FOR ASSESSMENT YEAR 20 00-01. AT THE TIME OF THE HEARING, THE LEARNED AUTHORISED REPRESENTATIVE OF T HE ASSESSEE CONCEDED THAT THERE WAS NO ERROR IN THE ORDER OF THE CIT AND APPE AL IS LIABLE TO BE DISMISSED. WE ACCORDINGLY, DISMISS THE APPEAL OF THE ASSESSEE. 2. IN THE RESULT, THE APPEAL OF THE ASSESSEE IS DI SMISSED. ORDER PRONOUNCED AT THE CONCLUSION OF THE HEARING, IN THE PRESENCE OF THE PARTIES IN THE COURT ON 13/11/2009. SD/- SD/- ( T.K. SHARMA ) ( N.S. SAINI ) JUDICIAL MEMBER A CCOUNTANT MEMBER AHMEDABAD; DATED 13/11/2009 PREPARED AND COMPARED BY : PARAS # ITA NO. 2591/AHD/2009 M/S.VIRAT SHIP BREAKING CORPORATION ASST.YEAR -2000-01 - 2 - COPY OF THE ORDER FORWARDED TO : 1. THE APPELLANT 2. THE RESPONDENT 3. THE CIT CONCERNED 4. THE LD. CIT-VI, AHMEDABAD. 5. THE DR, AHMEDABAD BENCH 6. THE GUARD FILE. BY ORDER, //TRUE COPY// (DY./ASSTT.REGISTRAR), ITAT, AHMEDABAD