HSBC SECURTIES AND CAPITAL MARKETS (INDIA)-PRIVATE LIMITED , MUMBAI V. PRINCIPLE COMMISSIONER OF INCOME TAX , MUMBAI

ITA 2935/MUM/2024

• Counselvise Citation: [2024] 101 COUNSELVISE.COM (IT) 5427 (ITAT-MUMBAI)
• Duration Of Justice: 2 month(s) 3 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 29-07-2024
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: E
• Next Hearing Date: 29-07-2024
• Assessment Year: 2014-2015
• Appeal Filed On: 26-05-2024
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: SALIL MISHRA
• Assessee Lawyers: RIKEN SHAH
• Section: 263

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL, MUMBAI BENCH “E”, MUMBAI BEFORE SHRI NARENDER KUMAR CHOUDHRY, JUDICIAL MEMBER AND SHRI RATNESH NANDAN SAHAY, ACCOUNTANT MEMBER ITA No.2935/M/2024 Assessment Year: 2014-15 M/s. HSBC Securities and Capital Markets (India) Private Limited, 52/60, Mahatma Gandhi Road, Fort, Mumbai – 400 001 PAN: AAACJ1395E Vs. Principal Commissioner of Income Tax, Room No.629, 6 th Floor, Aayakar Bhavan, Maharishi Karve Road, Mumbai - 400020 (Appellant) (Respondent) Present for: Assessee by : Shri Riken Shah, A.R. Revenue by : Shri Salil Mishra, CIT DR. Date of Hearing : 30 . 07 . 2024 Date of Pronouncement : 30 . 07 . 2024 O R D E R Per : Narender Kumar Choudhry, Judicial Member: This appeal has been preferred by the Assessee against the order dated 26.03.2024, impugned herein, passed by the Ld. Principal Commissioner of Income Tax (in short Ld. PCIT) under section 263 of the Income Tax Act, 1961 (in short ‘the Act’) for the A.Y. 2014-15. 2. Admittedly, this appeal is the duplicate of ITA No.2586/M/2024, which was filed online, also listed today before us and adjourned to 27.08.2024, hence, the instant appeal is liable to be dismissed. ITA No.2935/M/2024 M/s. HSBC Securities and Capital Markets (India) Private Limited 2 3. In the result, the appeal filed by the Assessee stands dismissed. Order pronounced in the open court on 30.07.2024. Sd/- Sd/- (RATNESH NANDAN SAHAY) (NARENDER KUMAR CHOUDHRY) ACCOUNTANT MEMBER JUDICIAL MEMBER * Kishore, Sr. P.S. Copy to: The Appellant The Respondent The CIT, Concerned, Mumbai The DR Concerned Bench //True Copy// By Order Dy/Asstt. Registrar, ITAT, Mumbai.