NORRIS MEDICINES LTD, MUMBAI V. ITO WD 9(2)(3), MUMBAI

ITA 3030/MUM/2012

• Counselvise Citation: [2016] 132 COUNSELVISE.COM (IT) 3261 (ITAT-MUMBAI)
• Duration Of Justice: 4 year(s) 1 month(s) 5 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 08-06-2016
• Appeal Filed By: Assessee
• Bench Allotted: B
• Next Hearing Date: 07-06-2016
• Assessment Year: 2007-2008
• Appeal Filed On: 03-05-2012
• Court: TRIBUNAL
• Section: 115JB

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL B BENCH, MUMBAI BEFORE S/SHRI B.R. BASKARAN (AM) & RAMLAL NEGI (JM) I.T.A. NO. 3030 /MUM/ 20 12 (ASSESSMENT YEAR 200 7 - 0 8 ) M/S. NORRIS MEDICINES LTD. 1 ANN VILLA N.P. THAKKAR ROAD VILE PARLE EAST MUMBAI - 400 057. VS. ITO WARD 9(2)(3) MUMBAI ( APPELLANT ) ( RESPONDENT ) PAN NO . AAACN1258L ASSESSEE BY NONE DEPARTMENT BY SHRI SANJEEV JAIN DATE OF HEARING 7.6 . 201 6 DATE OF PRONOUNCEMENT 7 . 6 . 201 6 O R D E R PER B.R. BASKARAN, A M : - THE APPEAL FILED BY TH E ASSESSEE IS DIRECTED A GAINST THE ORDER DATED 27.8.2010 PASSED BY LEARNED CIT(A) - 2 0 , MUMBAI AND IT RELATES TO A.Y. 2007 - 08. 2. NONE APPEARED ON BEHALF OF THE ASSESSEE , EVEN THOUGH THE NOTICE OF HEARING WAS SENT BY REGISTERED POST ON EARLIER OCCASION. HE NCE, WE PROCEED TO DISPOSE OF THE APPEAL EX - PARTE, WITHOUT PRESENCE OF THE ASSESSEE. 3. ONLY ISSUE URGED BY THE ASSESSEE IS THAT LEARNED CIT(A) HAS FAILED TO ADJUDICATE THE GROUND RELATING TO ADDITION MADE TO THE BOOK PROFIT U/S. 115JB OF THE ACT. 4. WE HAVE HEARD THE LEARNED DEPARTMENTAL REPRESENTATIVE AND PERUSED THE RECORD. A PERUSAL OF THE GROUNDS OF APPEAL FILED BY THE ASSESSEE BEFORE LEARNED CIT(A) WOULD SHOW THAT THE ASSESSEE HAS NOT RAISED ANY GROUND RELATING TO ADDITION MADE U/S. 115JB OF THE ACT AND HENCE THERE WAS NO M/S. NORRIS MEDICINES LTD. 2 OCCASION FOR LEARNED CIT(A) TO PASS ORDER ON THE SAID ISSUE. ACCORDINGLY, WE ARE OF THE VIEW THAT THERE IS NO MERIT IN THE GROUND URGED BY THE ASSESSEE AND ACCORDINGLY DISMISS THE SAME. 5. IN THE RESULT, APPEAL FILED BY THE ASS ESSEE IS DISMISSED. ORDER HAS BEEN PRONOU NCED IN THE OPEN COURT ON 7 .6 .2016 . SD/ - SD/ - (RAMLAL NEGI ) (B.R.BASKARAN ) JUDICIAL MEMBER ACCOUNTANT MEMBER MUMBAI ; DATED : 7 / 6/ 20 1 6 COPY OF THE ORDER FORWARDED TO : 1. THE APPELLANT 2. THE RESPONDENT 3. THE CIT(A) 4. CIT 5. DR, ITAT, MUMBAI 6. GUARD FILE. BY ORDER, //TRUE COPY// ( DY./ASSTT. REGISTRAR) ITAT, MUMBAI PS