ADIT (IT)-4(1), MUMBAI V. L G ASIAN PLUS LTD, MUMBAI

ITA 3281/MUM/2009

• Counselvise Citation: [2011] 140 COUNSELVISE.COM (IT) 48982 (ITAT-MUMBAI)
• Duration Of Justice: 2 year(s) 9 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 27-05-2011
• Appeal Filed By: Department
• Order Result: Dismissed
• Bench Allotted: G
• Next Hearing Date: 20-07-2010
• Assessment Year: 2003-2004
• Appeal Filed On: 18-05-2009
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Department Lawyers: USHA S NAIR
• Assessee Lawyers: RAJ AN VORA ITA NOS M LG ASIA

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL, MUMBAI BENCH A,MUMBAI BEFORE SHRI R.S. SYAL (AM) & SHRI VIJAY PAL RAO (J M) I.T.A.NO.3281/MUM/2009 (A.Y. 2003-04) ASST.COMMR. OF INCOME-TAX (INTERNATIONAL TAXATION)-4(1), 133, SCINDIA HOUSE, BALLARD PIER, MUMBAI-400 038. VS. M/S. LG ASIAN PLUS LTD., C/O. S.R.BATLIBOI & CO., 18 TH FLOOR, EXPRESS TOWER, NARIMAN POINT, MUMBAI-400 021. PAN: AAACL8243K APPELLANT RESPONDENT I.T.A.NO.2899/MUM/2009 (A.Y. 2003-04) M/S. LG ASIAN PLUS LTD., C/O. S.R.BATLIBOI & CO., 18 TH FLOOR, EXPRESS TOWER, NARIMAN POINT, MUMBAI-400 021. PAN: AAACL8243K VS. DY. DIRECOR OF INCOME-TAX (INTERNATIONAL TAXATION)-4(1), 133, SCINDIA HOUSE, BALLARD PIER, MUMBAI-400 038. APPELLANT RESPONDENT I.T.A.NO.6485/MUM/2008 (A.Y. 2005-06) DY. DIRECTOR OF INCOME-TAX (INTERNATIONAL TAXATION)-4(1), 133, SCINDIA HOUSE, BALLARD PIER, MUMBAI-400 038. VS. M/S. LG ASIAN PLUS LTD., C/O. S.R.BATLIBOI & CO., 18 TH FLOOR, EXPRESS TOWER, NARIMAN POINT, MUMBAI-400 021. PAN: AAACL8243K APPELLANT RESPONDENT I.T.A.NO.6320/MUM/2008 (A.Y. 2005-06) M/S. LG ASIAN PLUS LTD., C/O. S.R.BATLIBOI & CO., 18 TH FLOOR, EXPRESS TOWER, NARIMAN POINT, MUMBAI-400 021. PAN: AAACL8243K VS. ADDL.DIRECTOR OF INCOME-TAX (INTERNATIONAL TAXATION)-4, 1 ST FLOOR, SCINDIA HOUSE, BALLARD PIER, MUMBAI-400 038. APPELLANT RESPONDENT I.T.A.NO.2505/MUM/2009 (A.Y. 2006-07) M/S. LG ASIAN PLUS LTD., C/O. S.R.BATLIBOI & CO., 18 TH FLOOR, EXPRESS TOWER, NARIMAN POINT, MUMBAI-400 021. PAN: AAACL8243K VS. DY.DIRECTOR OF INCOME-TAX (INTERNATIONAL TAXATION)-4(1), 1 ST FLOOR, SCINDIA HOUSE, BALLARD PIER, MUMBAI-400 038. APPELLANT RESPONDENT DEPARTMENT BY MS. USHA S. NAIR. ASSESSEE BY SHRI RAJ AN VORA. ITA NOS.3281-2899-6485-6320-2505/M/09 LG ASIAN PLUS LTD.. 2 O R D E R PER BENCH : ITA NOS. 3281/MUM/2009 & 2899/MUM/2009 ARE CROSS A PPEALS BY THE REVENUE AND ASSESSEE WHICH ARE DIRECTED AGAINST THE ORDER OF CI T(A) PASSED ON 27-01-2009 FOR THE ASSTT. YEAR 2003-04. SIMILARLY, ITA NOS.6485/MUM/2008 & 6320/MU M/2008 ARE CROSS APPEALS BY THE REVENUE AND ASSESSEE AGAINST THE ORDER OF CIT(A) PASSED ON 24-01-2008 IN RELATION TO THE ASSTT. YEAR 2005-06. ITA NO.2505/MUM/2009 IS APPEAL BY THE ASSE SSEE AGAINST THE ORDER OF CIT(A) PASSED ON 09-01-2009 IN RELATION TO THE ASSTT. YEAR 2006-07. 2. BOTH THE SIDES ARE IN AGREEMENT THAT THE FACTS A ND CIRCUMSTANCES OF THE CROSS APPEALS FOR ASSTT. YEARS 2003-04 AND 2005-06 AND THE APPEAL OF THE ASSESSEE FOR A.Y. 2006-07 ARE MUTATIS MUTANDIS SIMILAR TO THOSE OF THE ASST. YEAR 2004-05 , WHICH WAS THOROUGHLY ARGUED BY BOTH THE SIDES. IN FACT, NO SEPARATE ARGUMENTS WERE PUT FORT H BY BOTH THE SIDES IN RESPECT OF THE YEARS UNDER CONSIDERATION. A SEPARATE ORDER HAS BEEN PASSED FOR THE ASST. YEAR 2004-05 BY WHICH THE CLAIM MADE BY THE ASSESSEE HAS BEEN ACCEPTED AND THE APPE AL OF THE REVENUE HAS BEEN DISMISSED. FOLLOWING THE SAME, WE ALLOW THE APPEALS OF THE ASS ESSEE FOR ASSTT. YEARS 2003-04, 2005-06 AND 2006-07 AND DISMISS THOSE OF THE REVENUE FOR THE AS STT. YEARS 2003-04 AND 2005-06. 3. IN THE RESULT, THE ABOVE APPEALS ARE DISPOSED OF IN ABOVE TERMS. ORDER PRONOUNCED ON THE 27TH DAY OF MAY, 2011. SD/- S D/- (VIJAY PAL RAO) (R.S. SYAL) JUDICIAL MEMBER ACCOUNTANT MEMBER MUMBAI: 27TH MAY , 2011. NG: COPY TO : ITA NOS.3281-2899-6485-6320-2505/M/09 LG ASIAN PLUS LTD.. 3 1. DEPARTMENT. 2.ASSESSEE. 3 CIT(A)-XXXIII,,MUMBAI. 4 DIT (INTL.TAXN),MUMBAI. 5.DR,A BENCH,MUMBAI. 6.MASTER FILE. (TRUE COPY) BY ORDER, ASST.REGISTRAR, ITAT, MUMBA I. ITA NOS.3281-2899-6485-6320-2505/M/09 LG ASIAN PLUS LTD.. 4 DETAILS DATE INITIALS DESIGNATIO N 1. DRAFT DICTATED ON 19-05-2010 SR.PS/ 2. DRAFT PLACED BEFORE AUTHOR 23-11-2010 SR.PS/ 3. DRAFT PROPOSED & PLACED BEFORE THE SECOND MEMBER JM/AM 4. DRAFT DISCUSSED/APPROVED BY SECOND MEMBER JM/ AM 5. APPROVED DRAFT COMES TO THE SR.PS/PS SR.PS/ 6. KEPT FOR PRONOUNCEMENT ON SR.PS/ 7. FILE SENT TO THE BENCH CLERK SR.PS/ 8. DATE ON WHICH THE FILE GOES TO THE HEAD CLERK 9. DATE ON WHICH FILE GOES TO THE AR 10. DATE OF DISPATCH OF ORDER *