HRITHIK ROSHAN, MUMBAI V. JOINT CIT RG 16(1), MUMBAI

ITA 3513/MUM/2017

• Counselvise Citation: [2018] 125 COUNSELVISE.COM (IT) 0387 (ITAT-MUMBAI)
• Duration Of Justice: 1 year(s) 4 month(s) 4 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 19-09-2018
• Appeal Filed By: Assessee
• Order Result: Allowed
• Bench Allotted: H
• Assessment Year: 2012-2013
• Appeal Filed On: 15-05-2017
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Department Lawyers: MANOJ KUMAR SINGH LD
• Assessee Lawyers: NEHA PARANJPE LD ARS
• Section: 143(3)

Judgement Text

ITA.NO.3513/MUM/2017 HRITHIK ROSHAN ASSESSMENT YEAR-2012-13 IN THE INCOME TAX APPELLATE TRIBUNAL H BENCH, MUMBAI , , BEFORE SHRI MANOJ KUMAR AGGARWAL, AM AND SHRI RAVISH SOOD, JM ./I.T.A. NO.3513/MUM/2017 ( / ASSESSMENT YEAR: 2012-13) HRITHIK ROSHAN B/27, COMMERCE CENTRE OFF NEW LINK ROAD ANDHERI (WEST) MUMBAI-400 053 / VS. JOINT COMMISSIONER OF INCOME TAX, RANGE-16(1) AAYKAR BHAVAN, M.K. ROAD NEW MARINE LINES MUMBAI-400 020 ./ ./PAN/GIR NO. AABPN-2790-F ( /APPELLANT ) : ( !' / RESPONDENT ) ASSESSEE BY : K.GOPAL & NEHA PARANJPE, LD. ARS REVENUE BY : MANOJ KUMAR SINGH, LD. SR. DR / DATE OF HEARING : 11/09/2018 / DATE OF PRONOUNCEMENT : 19/09/2018 / O R D E R PER MANOJ KUMAR AGGARWAL (ACCOUNTANT MEMBER) 1. AFORESAID APPEAL BY ASSESSEE FOR ASSESSMENT YEAR [AY] 2012-13 CONTEST THE ORDER OF LD. COMMISSIONER OF INCOME-TAX (APPEALS)-4 [CIT(A)], MUMBAI, APPEAL NO.CIT(A)-4/IT-61/JCIT-16(1)/2014-15 DATED 02/02/2017 BY RAISING THE FOLLOWING GROUNDS OF APPEAL:- ITA.NO.3513/MUM/2017 HRITHIK ROSHAN ASSESSMENT YEAR-2012-13 2 1. THE HONBLE CIT (A) 4, MUMBAI. SERIOUSLY ERRED IN LAW AND ON THE FACTS AND IN THE CIRCUMSTANCES OF THE CASE, IN CONFIRMING THE ACTION OF THE HONBLE JCIT, RG.16(1), MUMBAI IN SUBJECTING TO TAX ALLEGED 'DEEMED ANNUAL LETTING VALUE ON A ESTIMATED BASIS' , IN RESPECT OF: A) 4 TH FLOOR PROPERTY AT LOTUS BUSINESS PARK' ANNUAL VALU E ESTIMATED AT 7% OF INVESTMENT IN PROPERTY OF RS. 13,84,42,050/- WHICH WORKS OUT TO RS.96,90,944/- AND AFTER ALLOWANCE OF 30% U/S 24(B) NET ALLEGED ADDITION IS MADE AT RS 62,52,497/-. B) 5 TH FLOOR PROPERTY AT LOTUS BUSINESS PARK' ANNUAL VALU E ESTIMATED AT 7% OF INVESTMENT IN PROPERTY OF RS 9,58,32,680/- WHICH WO RKS OUT TO ITS 67,08,288/- AND AFTER ALLOWANCE OF 30% U/S 24(B) NET ALLEGED AD DITION IS MADE AT RS 41,64,637/- (BOTH AGGREGATING TO RS.1,04,71,134/-) WITHOUT ANY COGENT AND ACCEPTABLE BASIS AND NOTWITH STANDING THE EXHAUSTIVE LEGAL SUBMISSIONS AND FACTUAL EVIDENCES FILED, CLAIMING NIL' ANNUAL VALUE BEING TO LET OUT PROPERTY AND VACANT FOR WHOLE YEAR'. THE EN TIRE ALLEGED ADDITION BE DELETED AND ' NIL,' ANNUAL VALUE BE ADO PTED. WITHOUT PREJUDICE TO THE ABOVE MAIN CONTENTION: (A) THE HONBLE CIT(A)-4,MUMBAI,SERIOUSLY ERRED IN HOLDING THAT, THE SAID PROPERTY IS NOT AT ALL COVERED UNDER MAHARASHTRA RENT CONTROL A CT, 1999 AND THEREFORE, HAS NOT APPLIED THE PRINCIPLES OF' STANDARD RENT '/ 'MUNICI PAL RATEABLE VALUE', WHICH ARE APPLICABLE. THE ALLEGED INCOME DEEMED A.L.V., BE A DOPTED APPLYING THE PRINCIPLES OF 'STANDARD RENT' / 'MUNICIPAL RATEABLE VALUE' AND SUBSTITUTED AT NIL, BEING A NEGATIVE FIGURE IN PLACE OF ALLEGED INCOME' ASSESSED. B) THE HONBLE CIT(A)-4, MUMBAI, SERIOUSLY ERRED IN NOT APPRECIATING THE PROVISIONS OF S. 23(1)(C) TO THE EXTENT THAT, THE PROPERTY WAS SINCE INCEPTION HELD AS TO LET AND WAS ACTUALLY LET IN EARLIER PERIOD AND VACANT FOR WHOLE OF RELEVANT YEAR AND ASSESSEE HOLDING PROPERTY FOR PURPOSE OF LETTIN G OUT THEN. ANNUAL VALUE OF PROPERTY OUGHT TO BE TAKEN AT NIL. THE ASSESSMENT FOR IMPUGNED AY WAS FRAMED BY LD.JOINT COMMISSIONER OF INCOME TAX RANGE -16(1), MUMBAI [AO] U/S 143(3) OF THE INCOME TAX ACT, 1961 ON 19/03/2015 WHEREIN THE INCOME OF THE A SSESSEE HAS BEEN DETERMINED AT RS.38.76 CRORES AFTER CERTAIN DISALLO WANCES / ADJUSTMENTS AS AGAINST RETURNED INCOME OF RS.36.38 CRORES FILED BY THE ASSESSEE ON 27/09/2012. THE ASSESSEE BEING RESIDENT INDIVIDUAL IS A FILM ARTIST BY PROFESSION. AS EVIDENT FROM THE GROUNDS OF APPEAL, THE SOLE ISSUE INVOLVED UNDER THE APPEAL IS THE QUANTUM OF NOTIONA L RENTAL VALUE AGAINST ITA.NO.3513/MUM/2017 HRITHIK ROSHAN ASSESSMENT YEAR-2012-13 3 CERTAIN PROPERTIES OWNED BY THE ASSESSEE AT 4 TH & 5 TH FLOOR OF A BUILDING KNOWN AS LOTUS BUSINESS PARK. 2. DURING ASSESSMENT PROCEEDINGS, IT WAS NOTED THAT THE ASSESSEE OWNED TWO IMMOVEABLE PROPERTIES AT 4 TH & 5 TH FLOOR OF LOTUS BUSINESS PARK . IN IMMEDIATELY PRECEDING YEAR, THE PROPERTIES WER E SHOWN AS LETTABLE AND VACANT FOR THE WHOLE YEAR WHEREAS THE SAME, DURING IMPUGNED AY, IS STATED TO BE USED BY THE ASSESSEE F OR HIS OWN PROFESSIONAL USE IN THE SHAPE OF DANCE, DIALOGUE, FIGHT, STUNT, MUSIC, STORY SITTING, NARRATION REHEARSALS AND MEETING PLA CE . HOWEVER, THE ASSESSEE WAS UNABLE TO PRODUCE SUFFICIENT EVIDENCES TO SUPPORT THE SAME AND IN THE ALTERNATIVE, PLEADED FOR DETERMINAT ION OF ANNUAL LETTING VALUE [ALV] OF THE SAME AS NIL IN VIEW THE FACT THAT THE PROPERTY REMAINED VACANT THROUGHOUT THE YEAR . HOWEVER, LD. AO, RELYING ON CERTAIN JUDICIAL PRONOUNCEMENTS, OPINED THAT IN TER MS OF PROVISIONS OF SECTION 23(1)(A), NOTIONAL RENTAL VALUE WAS TO BE C ALCULATED AS A VALUE FOR WHICH THE PROPERTY MIGHT REASONABLY BE EXPECTED TO BE LET OUT DURING THE YEAR AND MUNICIPAL RATEABLE VALUE WAS NOT BINDI NG ON AO. FINALLY, THE LD. AO ESTIMATED THE ALV BY APPLYING A RATE OF 7% TO THE INVESTMENTS MADE BY THE ASSESSEE IN THOSE PROPERTIE S WHICH RESULTED INTO DETERMINATION OF ALV OF THE 4 TH & 5 TH FLOOR AS RS.96.90 LACS & RS.67.08 LACS. AGAINST THE SAME, THE ASSESSEE WAS A LLOWED DEDUCTION OF MUNICIPAL TAXES BEING PAID BY HIM AGAINST THOSE PROPERTIES AND ALSO STATUTORY DEDUCTION OF 30% IN TERMS OF SECTION 24(A ). FINALLY, THE NET ADDITION SO MADE WORKED OUT TO RS.104.17 LACS IN TH E HANDS OF THE ASSESSEE. ITA.NO.3513/MUM/2017 HRITHIK ROSHAN ASSESSMENT YEAR-2012-13 4 3. AGGRIEVED, THE ASSESSEE CONTESTED THE SAME WITHO UT ANY SUCCESS BEFORE LD. CIT(A) VIDE IMPUGNED ORDER DATED 02/02/2 017 WHEREIN THE ASSESSEE REITERATED THE AFORESAID CONTENTIONS. HOWE VER, NOT CONVINCED, LD. CIT(A) CONFIRMED THE STAND OF LD. AO BY OBSERVI NG AS UNDER:- 3.2 I HAVE CIRCUMSPECTED THE ENTIRE SPECTRUM OF FAC T & CIRCUMSTANCES OF THE CASE HAVE CAREFULLY CONSIDERED THE FINDINGS OF THE ASSES SING OFFICER AS WELL AS RIVAL SUBMISSION OF THE APPELLANT CAREFULLY. I HAVE ALSO GONE THROUGH THE VARIOUS CASE LAWS REFERRED TO BY THE LD. A.R. I FIND THAT THIS P ROPERTY OF LOTUS BUSINESS PARK IS NOT AT ALL COVERED UNDER MAHARASHTRA RENT CONTROL A CT, 1999 BECAUSE THE COMPANY OF THE APPELLANT NAMELY FILM KRAFT PRODUCTIONS (I) PVT. LTD. ITSELF, HAS SHOWN ACTUAL RENT OF PROPERTY ON 15 TH FLOOR OF THE SAME BUILDING AT RS. 1,23,75,000/-- W HEN THE PROPERTY SITUATED AT 15 TH FLOOR OF LOTUS BUSINESS PARK IS RENTED ON HIGHER SIDE, THEN, IT CANNOT BE PLEADED THAT ALV OF PROPERTY SIT UATED AT 4 TH FLOOR AND 5TH FLOOR SHOULD BE ADOPTED AS PER THE MUNICIPAL RATEABLE VAL UE. THE VARIOUS ARGUMENTS ADVANCED BY THE LD. A.R. ARE NOT APPLICABLE. WHEN P ROPERTY WAS IN WORKING CONDITION, IT WAS TO BE LET OUT. IF IT WAS NOT LET OUT, THEN ANNUAL LETTING VALUE WAS TO BE ESTIMATED. WHEN PROPERLY UNDER REFERENCE IS NOT COVERED UNDER RENT CONTROL ACT, FAIR RENT OF PROPERTY HAS TO BE TAKEN AS ANNUAL VAL UE WHICH IS TO BE DETERMINED ON THE BASIS OF FACTS OR MATERIAL ON RECORD, VIDE: WOO DLAND ASSOCIATES (P) LTD. VS. ITO- 5(3)(4) (2013) 29 TAXMAN.COM 216 (MUM.) (TRIB.). IN THE CASE OF CIT-DELHI CENTRAL-3 VS. MONIKUMAR SUBBA (2011) 10 TAXMANN.COM 195 ITAT( DELHI)(FULL BENCH), IT IS HELD THAT IF RATEABLE VALUE UNDER MUNICIPAL LAW DOE S NOT REPRESENT CORRECT FAIR RENT THEN ASSESSING OFFICER CAN DETERMINED ANNUAL LETTIN G VALUE ON THE BASIS OF MATERIAL OR EVIDENCES ON RECORD. THE COMMERCIAL PROPERTY IS CAPABLE OF RENTING OUT. THE 15 TH FLOOR HAS BEEN RENTED OUT @RS.1,23,75,000/- HENCE, SUCH ESTIMATION OF ALV @RS.1,04,17,134/- IS NOT AT ALL ON HIGHER SIDE OR U NREASONABLE. SUCH FINDING OF ASSESSING OFFICER GET SUPPORT FROM DECISION OF HON BLE ITAT IN CASE OF EMTICI ENGINEERING LTD. VS. ACIT (1991) 58 TTJ 27(AHMEDABA D)., ITO VS. CHEM MECH PVT.LTD(2002) 83 ITD 427 (MUM). (ITAT) AND SHRI BIP INIBHAI VADILAL FAMILY TRUST NO.1 VS. CIT (1994) 208 ITR 1005(GUJ). AS REGARDS A RGUMENT THAT THESE PROPERTIES AT 4 TH FLOOR AND 5 TH FLOOR WERE BEING USED FOR DANCE, DIALOGUE, FIGHT, STUNT MUSIC, STORY SITTING, REHEARSALS AND MEETING PURPOSES, IT IS PERTINENT TO MENTION THAT NO EVIDENCE HAS BEEN PRODUCED OF SUCH CLAIM EITHER BEF ORE ASSESSING OFFICER OR IN APPELLATE PROCEEDINGS. THEREFORE, SUCH CLAIM LOST I TS CREDENCE. THE ANNUAL ESTIMATED VALUE OF INVESTMENT IS NOT EXCESSIVE BECA USE THE COMPANY RELATED TO THE APPELLANT NAMELY FILM KRAFT PRODUCTIONS INDIA PVT. LTD. HAS SHOWN RENTAL INCOME OF 15 TH FLOOR OF SAME BUILDING AT RS.123,75,000/- HENCE WH ILE DETERMINING THE ANNUAL LETTING VALUE OF SUCH PROPERTY, THIS FACT KNOWN TO THE APPELLANT CANNOT BE IGNORED. THE CONTENTION OF LD. AUTHORIZED REPRESENTATIVE THA T LD. PREDECESSOR CIT(A) IN ORDER DATED 24/12/2014 IN A.Y. 2011-12 HAS GIVEN DI RECTION TO THE ASSESSING OFFICER TO DETERMINE ANNUAL LETTING VALUE AS PER STANDARD R ENT IS OF NO AVAIL BECAUSE THERE IS EVIDENCE THAT 15 TH FLOOR IF SAME COMMERCIAL BUILDING THAT IS LOTUS B USINESS PARK HAS BEEN RENTED OUT FOR RS.1,23,75,000/-. FURTHER L D. PREDECESSOR CIT(A) HAS REJECTED THE VARIOUS CLAIM OF THE APPELLANT VIDE PA RA 5.2.3 TO 5.2.9. THUS, THE ITA.NO.3513/MUM/2017 HRITHIK ROSHAN ASSESSMENT YEAR-2012-13 5 ESTIMATION OF ANNUAL LETTING VALUE OF COMMERCIAL PR OPERTY AT RS.1,04,17,134/- IS SUSTAINED. IT IS DISCERNIBLE FROM THE ABOVE OBSERVATIONS THAT THE CLAIM OF THE ASSESSEE HAS BEEN REJECTED PRIMARILY IN VIEW OF THE FACT THAT THE PROPERTY WAS NOT COVERED UNDER RENT CONTROL ACT AND SECONDLY, THE RELATED CONCERN OF THE ASSESSEE NAMELY FILMKRAFT PRODUCTIONS (I) PRIVATE LIMITED REFLECTED ACTUAL RENT OF 123.75 LACS AGAINST LETTIN G OUT OF 15 TH FLOOR OF THE SAME BUILDING. AGGRIEVED, THE ASSESSEE IS IN FURTHE R APPEAL BEFORE US. 4. THE LD. AUHTORIZED REPRESENTATIVES FOR ASSESSEE [ARS] SHRI K.GOPAL & MS. NEHA PARANJPE AGITATED THE ADDITIONS AS CONFIRMED BY LD. FIRST APPELLATE AUTHORITY. OUR ATTENTION HAS BEEN D RAWN TO THE MUNICIPAL RATEABLE VALUES OF THE PROPERTIES AS DETERMINED BY BRIHAN MUMBAI MAHANAGARPALIKA AND ALSO TO THE ORDER OF THIS TRIBUNAL IN ASSESSEE S OWN CASE FOR IMMEDIATELY PRECEDING AY 2011-12. PER CONTRA, LD. DR, SHRI MANOJ KUMAR SINGH SUPPORTED THE STAND OF LOWER AUTHORITIES AND SUBMITTED THAT THE FAIR RENTAL VALUE OF THE PROPERT IES WAS TO BE ASSESSED IN THE HANDS OF THE ASSESSEE AS PER MARKET PRICE AN D THE STAND OF LOWER AUTHORITIES WAS JUSTIFIED. 5. WE HAVE CAREFULLY HEARD THE RIVAL CONTENTIONS AN D PERUSED RELEVANT MATERIAL ON RECORD. SO FAR AS THE FACT THAT THE BUI LDING WAS BEING USED FOR THE PROFESSIONAL WORK OF THE ASSESSEE HAS REMAINED UNSUBSTANTIATED AND IN THE ABSENCE OF ANY EVIDENCE TO SUPPORT THE A FORESAID FACT, THE SAID PLEA COULD NOT BE ACCEPTED AND THEREFORE, THE SAME HAS RIGHTLY BEEN REJECTED BY THE LOWER AUTHORITIES. 6. NOW THE ONLY QUESTION THAT SURVIVES FOR OUR CONS IDERATION IS THE QUANTUM OF NOTIONAL RENTAL VALUE AGAINST THE SAID P ROPERTIES SINCE IT IS ITA.NO.3513/MUM/2017 HRITHIK ROSHAN ASSESSMENT YEAR-2012-13 6 ALSO AN UNDISPUTED FACT THAT THE ASSESSEE HAS NOT E ARNED ANY RENTAL INCOME AGAINST THE SAME. THE LD. AO HAS ESTIMATED T HE SAME @7% OF THE VALUE OF INVESTMENTS MADE BY THE ASSESSEE IN TH OSE PROPERTIES AND LD. CIT(A) HAS CONFIRMED THE SAME BY NOTICING THAT THE 15 TH FLOOR OF THE SAME BUILDING FETCHED A RENT OF RS.123.75 LACS AND THEREFORE, THE ESTIMATES WERE JUSTIFIED. WE NOTE THAT IDENTICAL IS SUE HAS AROSE IN ASSESSEES OWN CASE FOR AY 2011-12 WHICH REACHED UP -TO THE LEVEL OF THIS TRIBUNAL BY WAY OF CROSS APPEALS [ITA NO. 1250/MUM/2015 & 1512/MUM/2015 DATED 18/11/2016] , THE COPY OF WHICH HAS BEEN PLACED ON RECORD. UPON PERUSAL OF THE SAME, WE FIND THAT S IMILAR ESTIMATION OF 7% WAS MADE BY LD. AO IN THAT YEAR. HOWEVER, LD. FI RST APPELLATE AUTHORITY, WHILE REJECTING THE SAME AND FOLLOWING T HE DECISION OF HONBLE BOMBAY HIGH COURT RENDERED IN CIT VS. TIP TOP TYPOGRAPHY [48 TAXMANN.COM 191 ] DIRECTED THE LD. AO TO FIX THE STANDARD RENT IN T ERMS OF MAHARASHTRA RENT CONTROL ACT, 1999 , IF THE SAME WAS APPLICABLE OR LEAVE IT TO THE PARTIES TO GET IT DETERMINED BY THE COURT OR TRIBUNAL UNDER THE MAHARASHTRA RENT CONTROL ACT, 1999. THE STAND O F LD. CIT(A) HAS SINCE BEEN CONFIRMED BY THIS TRIBUNAL IN THE CROSS APPEAL BY OBSERVING AS UNDER:- 7. HAVING CONSIDERED THE SUBMISSIONS OF THE PARTIES A ND PERUSED THE MATERIALS ON RECORD, WE DO NOT FIND ANY INFIRMITY IN THE ORDER OF THE LEARN ED COMMISSIONER (APPEALS). UNDISPUTEDLY, THE ASSESSING OFFICER HAS ESTIMATED THE ALV @ 7% OF THE VALUE OF THE PROPERTY SHOWN BY THE ASSESSEE IN THE BALANCE SHEET. IN OUR VIEW, THE AFO RESAID ACTION OF THE ASSESSING OFFICER IS NOT AT ALL JUSTIFIED, SINCE THERE IS NO BASIS FOR DETER MINING THE ALV OF THE HOUSE PROPERTIES APPLYING SUCH A METHOD. AS NOTED BY US, THE HON'BLE JURISDIC TIONAL HIGH COURT IN TIP TOP TYPOGRAPHY(SUPRA) HAS REJECTED DEPARTMENT'S CLAIM T HAT MUNICIPAL RATABLE VALUE CANNOT BE ACCEPTED AS BONAFIDE RENTAL VALUE OF THE PROPERTY. THE HON'BLE JURISDICTIONAL HIGH COURT ALSO OPINED THAT MARKET RATE CAN BE AN APPROVED METHOD F OR DETERMINING THE FAIR RENTAL VALUE ONLY WHEN THE ASSESSING OFFICER SUSPECTS THE ARM'S LENGT H PRICE SHOWN BY THE ASSESSEE AND ONLY AFTER CONDUCTING NECESSARY ENQUIRY ABOUT THE PREVAI LING RATE IN THE LOCALITY. FINALLY, THE HON'BLE JURISDICTIONAL HIGH COURT FOLLOWING THE VIEW TAKEN BY THE FULL BENCH OF THE HON'BLE DELHI HIGH COURT OBSERVED AS UNDER: ITA.NO.3513/MUM/2017 HRITHIK ROSHAN ASSESSMENT YEAR-2012-13 7 'WE HAVE ALSO NOTED THE SUBMISSIONS OF SHRI AHUJA. WE ARE OF THE OPINION THAT EVEN IN THE CASE AND MATTERS BROUGHT BY HIM TO OUR NOTICE, IT I S EVIDENT THAT THE ASSESSING OFFICER CANNOT BRUSH ASIDE THE RENT CONTROL LEGISLATION, IN THE EVENT IT IS APPLICABLE TO THE PREMISES IN QUESTION. THEN, THE ASSESSING OFFICER HAS TO UND ERTAKE THE EXERCISE CONTEMPLATED BY THE RENT CONTROL LEGISLATION FOR FIXATION OF STANDA RD RENT. THE ATTEMPT BY THE ASSESSING OFFICER TO OVERRIDE THE RENT CONTROL LEGISLATION AN D WHEN IT BALANCES THE RIGHTS BETWEEN THE PARTIES HAS RIGHTLY BEEN INTERFERED WITH IN THE GIV EN CASE BY THE APPELLATE AUTHORITY. THE ASSESSING OFFICER EITHER MUST UNDERTAKE THE EXERCIS E TO FIX THE STANDARD RENT HIMSELF AND IN TERMS OF THE MAHARASHTRA RENT CONTROL ACT, 1999 IF THE SAME IS APPLICABLE FOR LEAVE THE PARTIES TO HAVE IT DETERMINED BY THE COURT OR TRIBU NAL UNDER THAT ACT. UNTIL, THEN, HE MAY NOT BE JUSTIFIED IN APPLYING ANY OTHER FORMULA OR M ETHOD AND DETERMINE METHOD AND DETERMINE THE 'FAIR RENT' BY ABIDING WITH THE SAME. IF HE DESIRES TO UNDERTAKE THE DETERMINATION HIMSELF, HE WILL HAVE TO GO BY THE MA HARASHTRA RENT CONTROL ACT, 1999. MERELY BECAUSE THE RENT HAS NOT BEEN FIXED UNDER TH AT ACT DOES NOT MEAN THAT ANY OTHER DETERMINATION AND CONTRARY THERETO CAN BE MADE BY T HE ASSESSING OFFICER. ONCE AGAIN HAVING RESPECTFULLY CONCURRED WITH THE JUDGMENT OF THE FULL BENCH OF THE DELHI HIGH COURT, WE NEED NOT SAY ANYTHING MORE ON THIS ISSUE.' 8. SINCE THE DIRECTION OF THE LEARNED COMMISSIONER (A PPEALS) IS IN CONSONANCE WITH THE DECISION OF THE HON'BLE JURISDICTIONAL HIGH COURT A S REFERRED TO ABOVE, WE UPHOLD THE ORDER OF THE LEARNED COMMISSIONER (APPEALS) ON THIS ISSUE. G ROUND NO. 1, RAISED BY THE ASSESSEE IS ALLOWED FOR STATISTICAL PURPOSE. WE FIND THAT IDENTICAL FACTS EXIST IN THE IMPUGNED AY. THEREFORE, SINCE A PARTICULAR VIEW HAS ALREADY BEEN UPHELD BY THE CO-O RDINATE BENCH OF THIS TRIBUNAL, RESPECTFULLY FOLLOWING THE SAME WE SET AS IDE THE MATTER TO THE FILE OF LD. AO WITH SIMILAR DIRECTIONS AS GIVEN BY LD. FIRST APPELLATE AUTHORITY IN IMMEDIATELY PRECEDING AY 2011-12 AND C ONFIRMED BY THIS TRIBUNAL. 7. RESULTANTLY, THE ASSESSEES APPEAL STAND ALLOWED FOR STATISTICAL PURPOSES IN TERMS OF OUR ABOVE ORDER. ORDER PRONOUNCED IN THE OPEN COURT ON 19 TH SEPTEMBER, 2018. SD/- SD/- (RAVISH SOOD) (MANOJ KUMAR AGGARWAL) / JUDICIAL MEMBER / ACCOUNTANT MEMBER MUMBAI; DATED 19.09.2018 SR.PS:-THIRUMALESH ITA.NO.3513/MUM/2017 HRITHIK ROSHAN ASSESSMENT YEAR-2012-13 8 ! / COPY OF THE ORDER FORWARDED TO : 1. / THE APPELLANT 2. !' / THE RESPONDENT 3. ) ( ) / THE CIT(A) 4. ) / CIT CONCERNED 5. *+!$, , , , / DR, ITAT, MUMBAI 6. +-./ / GUARD FILE / BY ORDER, / (DY./ASSTT.REGISTRAR) , / ITAT, MUMBAI