Appeal Details
Counselvise Citation
[2013] 120 COUNSELVISE.COM (IT) 5067 (ITAT-MUMBAI)
Assessee PAN
Bench
Appeal Number
CRN Number
Duration Of Justice
1 year(s) 6 month(s) 12 day(s)
Appellant
Respondent
Appeal Type
Income Tax Appeal
Pronouncement Date
20-11-2013
Appeal Filed By
Department
Order Result
Dismissed
Bench Allotted
E
Next Hearing Date
20-11-2013
Assessment Year
2007-2008
Appeal Filed On
08-05-2012
Judgement Text
, IN THE INCOME TAX APPELLATE TRIBUNAL E , BENCH MUMBAI , BEFORE SHRI D.KARUNAKARA RAO , A M & SHRI SANJAY GARG , J M ITA NO. 3175 /MUM/201 2 ( ASSESSMENT YEAR :2007 - 2008 ) ACIT CIR 12(3), MUMBAI - 20 VS. M/S TALISMAN, C/O.GLOD STAR SHIPPING PVT. LTD., MUSTAFA BLDG., SIR P.M. ROAD, MUMBAI - 400 001 PAN/GIR NO. : A AAT 5084 F ( APPELLANT ) .. ( RESPONDENT ) /REVENUE BY : MR . ASHOK SURI /ASSESSEE BY : MR. SUNIL HIRAWAT DATE OF HEARING : 20 TH NOVEMBER , 201 3 DATE OF PRONOUNCEMENT : 20 TH NOVEMBER,2013 O R D E R PER D.KARUNAKARA RAO ( A .M.) : TH IS APPEAL HAS BEEN PREFERRED BY THE REVENUE AGAINST THE ORDER DATED 9 - 2 - 2011, PASSED BY THE LEARNED CIT(A) - 21, MUMBAI FOR THE ASSESSMENT YEAR 2007 - 08. 2 . THE DISALLOWANCE IN T HIS CASE IS ONLY RS. 95,546/ - AND THE TAX EFFECT THEREON IS LESS THAN RS.3,00,000/ - . T HEREFORE, THIS APPEAL OF THE REVENUE IS NOT MAINTAINABL E AS PER THE PROVISIONS OF SECTION 268 A (1) OF THE ACT. ACCORDINGLY, WE DISMISS THE APPEAL OF THE REVENUE IN LIMINE. ITA NO. 3175 /2 0 1 2 2 3 . IN THE RESULT, APPEAL OF THE REVENUE IS DISMISSED . ORDER PRONOUNCED IN THE OPEN COURT ON THIS 20 TH DAY OF NOV. 201 3 . 20 TH 201 3 SD/ - SD/ - ( ) ( SANJAY GARG ) ( ) ( D.KARUNAKARA RAO ) / JUDICIAL MEMBER / ACCOUNTANT MEMBER MUMBAI ; DATED : 20/11 /2013 /PKM , PS COPY OF THE ORDER FORWARDED TO : 1. / THE APPELLANT 2. / THE RESPONDENT. 3. / THE CIT(A) - X, MUMBAI. 4. / CIT 5. / DR, ITAT, MUMBAI 6. GUARD FILE. //TRUE COPY// / BY ORDER, ( ASSTT. REGISTRAR) / ITAT, MUMBAI
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