Sangati D.Gandhi, Ahmedabad V. The Dy.CIT.,Cent.Circle-2(4), Ahmedabad

ITA 334/AHD/2008

• Counselvise Citation: [2010] 136 COUNSELVISE.COM (IT) 6373 (ITAT-AHMEDABAD)
• Duration Of Justice: 2 year(s) 3 month(s) 26 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 25-05-2010
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: A
• Next Hearing Date: 25-05-2010
• Assessment Year: 2005-2006
• Appeal Filed On: 30-01-2008
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: C K MISHRA
• Assessee Lawyers: VIJAY RANJAN

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL AHMEDABAD BENCH 'A' (BEFORE S/SHRI BHAVNESH SAINI, JUDICIAL MEMBER AND A.N. PAHUJA, ACCOUNTANT MEMBER) ITA NO.333 TO 336/AHD/2008 ASSTT. YEAR:- 2004-05& 2005-06 1. SANGATI D GANDHI [PAN:AGEPG8515A] & 2. SMT. SALONI DEEPAK GANDHI [PAN:ADEPG4273A] 57,YOGESHWAR NAGAR SOCIETY,NEAR ANJALI CINEMA, PALDI,AHMEDABAD VS DCIT, CENTRAL CIRCLE-2(4),AAYAKAR BHAVAN, ASHRAM ROAD, AHMEDABAD (APPELLANT) (RESPONDENT) REVENUE BY : SHRI C.K.MISHRA , DR ASSESSEE BY : SHRI VIJAY RANJAN ,AR O R D E R A.N. PAHUJA : THESE FOUR APPEALS BY THE AFORESAID TWO ASSESSEES DIRECTED AGAINST ORDER DATED 19.9.2007 IN THE CAS E OF SANGATI D GANDHI & DATED 18.9.2007 IN THE CASE OF SMT. SALONI DEEPAK G ANDHI, OF THE LD. CIT(A)-III, AHMEDABAD FOR THE AYS 2004-05 & 2005-06 , RAISE A NUMBER OF GROUNDS , MAINLY RELATING TO CLAIM OF SHORT TERM CAPITAL LOSS AND AP PLICABILITY OF PROVISIONS OF SEC. 94(7) OF THE INCOME-TAX ACT,1961. 2. AT THE OUTSET, THE LD. AR ON BEHALF OF THE ASSESSEE SOUGHT PERMISSION TO WITHDRAW THESE APPEALS WHILE THE LD. DR DID NOT RAI SE ANY OBJECTION. 3. IN VIEW OF THE FOREGOING, THESE APPEALS ARE DISMISSED . ORDER PRONOUNCED IN OPEN COURT ON 25 TH MAY, 2010 SD/- SD/- (BHAVNESH SAINI) JUDICIAL MEMBER (A.N. PAHUJA) ACCOUNTANT MEMBER AHMEDABAD DATED 25TH MAY,2010 ITA NO.334 TO 336/AHD/2008 PAGE 2 COPY OF THE ORDER FORWARDED TO : THE ASSESSEE/ DCIT, CENTRAL CIRCLE-2(4),AAYAKAR BHA VAN,ASHRAM ROAD,AHMEDABAD / THE CIT CONCERNED/ CIT(A)-III,AHMEDABAD / DR/ GUARD FILE BY ORDER DEPUTY REGISTRAR OF ITAT, AHMEDABAD BENCH