GILL & VO. P. LTD, MUMBAI V. DCIT RG 2(1), MUMBAI

ITA 3544/MUM/2009

• Counselvise Citation: [2010] 135 COUNSELVISE.COM (IT) 3482 (ITAT-MUMBAI)
• Duration Of Justice: 1 year(s) 7 month(s) 2 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 31-12-2010
• Appeal Filed By: Assessee
• Order Result: Allowed
• Bench Allotted: G
• Next Hearing Date: 22-12-2010
• Assessment Year: 2005-2006
• Appeal Filed On: 29-05-2009
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Department Lawyers: C P PATHAK
• Keywords: Set aside
• Section: 14A

Judgement Text

1 IN THE INCOME TAX APPELLATE TRIBUNAL MUMBAI BENCH G, MUMBAI BEFORE SHRI J. SUDHAKAR REDDY, ACCOUNTANT MEMBER AND SHRI VIJAY PAL RAO, JUDICIAL MEMBER. I.T.A. NO. 3544/MUM/2009. ASSESSMENT YEAR : 2005-06. GILL AND CO. P. LTD., DY. COMMISSIONER OF NTC HOUSE, VS. INCOME TAX, NAROTTAM MORARJI MARG, RANGE 2(1), MUMBAI. BALLARD ESTATE, MUMBAI 400038. PAN AAACG3743M. APPELLANT. RESPONDENT. APPELLANT BY : SHRI SUNIL JHUNJHUN WALA. RESPONDENT BY : SHRI C.P. PATHAK. . O R D E R PER J. SUDHAKAR REDDY, A.M. : THIS IS AN APPEAL FILED BY THE ASSESSEE DIRECTED A GAINST THE ORDER OF THE CIT(APPEALS)-II, MUMBAI DATED 24-04-2009. 2. THE SOLE ISSUE IN THIS APPEAL IS DISALLOWANCE U/ S 14A OF THE ACT. AS SUBMITTED BY BOTH THE PARTIES, WE SET ASIDE THE ISS UE TO THE FILE OF THE AO FOR FRESH ADJUDICATION IN LINE WITH THE DECISION OF THE HONB LE JURISDICTIONAL HIGH COURT IN THE CASE OF GODREJ BOYCE AND MANUFACTURING CO. LTD. 234 CTR (BOM.) 1. 2 3. FOR THE EARLIER ASSESSMENT YEAR 2004-05 IN ITA N O. 1092/MUM/2009 THE MUMBAI G-BENCH OF THE TRIBUNAL IN THE ASSESSEES OW N CASE VIDE ORDER DATED 30 TH SEPT., 2010 HAS ALSO SET ASIDE TO THE ISSUE TO THE FILE OF THE AO. 4. IN THE RESULT, THE APPEAL OF THE ASSESSEE IS ALL OWED FOR STATISTICAL PURPOSES. ORDER PRONOUNCED IN THE OPEN COURT ON 31 ST DEC. , 2010. SD/- SD/- (VIJAY PAL RAO) (J. SU DHAKAR REDDY) JUDICIAL MEMBER. ACCOUNTANT MEMBER MUMBAI, DATED: 31 ST DEC., 2010. WAKODE COPY TO : 1. APPELLANT 2. RESPONDENT 3. C.I.T. 4. CIT(A) 5. DR, G-BENCH (TRUE COPY) BY ORDER ASSTT. REGIST RAR, ITAT, MUMBAI BENCHE S, MUMBAI.