VISVESVARAYA INDUSTRIAL RESEARCH & DEVELOPMEN CENTRE, MUMBAI V. JCIT RG 12(2), MUMBAI

ITA 2616/MUM/2009

• Counselvise Citation: [2010] 136 COUNSELVISE.COM (IT) 2367 (ITAT-MUMBAI)
• Duration Of Justice: 11 month(s) 14 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 07-04-2010
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: F
• Next Hearing Date: 05-04-2010
• Assessment Year: 2005-2006
• Appeal Filed On: 23-04-2009
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: O P SHARMA
• Keywords: Rectification of order
• Section: 154

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL MUMBAI BENCHES F, MUMBAI BEFORE SHRI R.S.SYAL, AM AND SMT.ASHA VIJAYARAGHAVAN , JM ITA NO.2616/MUM/2009 : ASST.YEARS 2005-2006 M/S.M.VISVESVARAYA INDUSTRIAL RESEARCH & DEVELOPMENT CENTRE CENTRE-1, 31 ST FLOOR, CUFFE PARADE MUMBAI 400 005 PA NO.AABCM0996K. VS. THE JOINT COMMISSIONER OF INCOME-TAX RANGE 12(2) MUMBAI. (APPELLANT) (RESPONDENT) APPELLANT BY : SHRI FIROZE B. ANDHYARUJINA RESPONDENT BY : SHRI O.P. SHARMA O R D E R PER R.S.SYAL, AM : THIS APPEAL BY THE ASSESSEE ARISES OUT OF THE ORDE R PASSED BY THE LEARNED COMMISSIONER OF INCOME-TAX (APPEALS) ON 23.02.2009 PURSUANT TO THE RECTIFICATION ORDER PASSED BY THE ASSESSING OFFICER U/S 154 OF TH E ACT IN, RELATION TO THE ASSESSMENT YEARS 2004-2005. 2. AFTER CONSIDERING THE RIVAL SUBMISSIONS WE OBSER VE THAT THE ASSESSEE HAS RAISED SIMILAR ISSUE BEFORE THE TRIBUNAL FOR ASSESS MENT YEAR 2002-2003 IN ITA NO.2615/MUM/2009 AND THE ORDER IN RESPECT OF WHICH HAS BEEN PASSED BY THE TRIBUNAL. VIDE ITS ORDER OF EVEN DATE THE TRIBUNAL HAS DISMISSED THE APPEAL OF THE ASSESSEE. RESPECTFULLY FOLLOWING THE PRECEDENT WE A PPROVE THE VIEW TAKEN BY THE AUTHORITIES BELOW. 3. IN THE RESULT, THE APPEAL IS DISMISSED. ORDER PRONOUNCED ON THIS 7 TH DAY OF APRIL 2010. SD/- SD/- ( ASHA VIJAYARAGHAVAN ) ( R.S.SYAL ) JUDICIAL MEMBER ACCOUNTANT M EMBER MUMBAI : 7 TH APRIL, 2010. DEVDAS* ITA NO.2616/MUM/2009 M/S.M.VISVESVARAYA INDUSTRIAL RESEARCH & DEV. CENT RE. 2 COPY TO : 1. THE APPELLANT. 2. THE RESPONDENTS. 3. THE CIT CONCERNED 4. THE CIT(A) - XII, MUMBAI. 5. THE DR/ITAT, MUMBAI. 6. GUARD FILE. TRUE COPY. BY ORDER ASSISTANT REGISTRAR, ITAT, MUMBAI.