FORESIGHT HOLDINGS, MUMBAI V. DCIT (TDS) CPC, GHAZIABAD

ITA 3937/MUM/2015

• Counselvise Citation: [2017] 128 COUNSELVISE.COM (IT) 0038 (ITAT-MUMBAI)
• Duration Of Justice: 2 year(s) 6 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 30-06-2017
• Appeal Filed By: Department
• Order Result: Dismissed
• Bench Allotted: Not Allotted
• Next Hearing Date: 07-06-2017
• Assessment Year: misc
• Appeal Filed On: 24-06-2015
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Assessee Lawyers: SAURABH K PAI

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL MUMBAI BENCH I , MUMBAI BEFORE SHRI G.S. PANNU, ACCOUNTANT MEMBER AND SHRI RAVISH SOOD , JUDICIAL MEMBER ITA NO. 3937 /MUM/ 2015 : A.Y : 2013 - 14 (Q - 1 ) FORESIGHT HOLDINGS. #11, 2 ND FLOOR, ISMAIL MANSION, 94/96 PERIN NARIMAN STREET, FORT, MUMBAI 400 001 PAN : AACFF9466H (APPELLANT) VS. DCIT (TDS) - CPC, GHAZIABAD (RESPONDENT) APPELLANT BY : NONE RESPONDENT BY : SHRI SAURABH K. PAI DATE OF HEARING : 07 / 06 /201 7 DATE OF PRONOUNCEMENT : 30 /0 6 /201 7 O R D E R PER G.S. PANNU , AM : THE CAPTIONED APPEAL BY THE ASSESSEE IS DIRECTED AGAINST THE ORDER OF THE CIT(A) - 59 , MUMBAI DATED 16.4.2015 , PERTAINING TO THE ASSESSMENT YEAR 2013 - 14 (Q - 1) , WHICH IN TURN HAS ARISEN FROM THE ORDER PASSED BY THE ASSESSING OFFICER DATED 1.9.2013 UNDER SECTION 200A OF THE INCOME TAX ACT, 1961 (IN SHORT THE ACT). 2. IN THIS APPEAL, THE ONLY ISSUE IS WITH REGARD TO LEVY OF INTEREST FOR LATE PAYMENT AMOUNTING T O RS.3,153/ - . 2 FORESIGHT HOLDINGS ITA NO. 3937/MUM/2015 3. AT THE TIME OF HEARING, NONE APPEARED ON BEHALF OF THE ASSESSEE AND ACCORDINGLY, THE APPEAL IS BEING DISPOSED OFF AFTER HEARING THE LD. DR ON MERITS. 4. THE DISCUSSION BY THE CIT(A) CLEARLY BRINGS OUT THAT THE INTEREST HAS BEEN CORRECTLY CHARGED AS THERE WAS A DELAY IN THE PAYMENT OF TAXES BY THE ASSESSEE. FOR THE REASONS A SCRIBED BY THE CIT(A), WE UPHOLD THE LEVY OF INTEREST OF RS.3,153/ - . 5. IN THE RESULT, APPEAL OF THE ASSESSEE IS DISMISSED. ORDER PRONOUNCED IN THE OPEN COURT ON 3 0 T H JUNE, 2017. SD/ - SD/ - ( RAVISH SOOD ) JUDICIAL MEMBER ( G.S. PANNU ) ACCOUNTANT MEMBER MUMBAI, DATE : 3 0 T H JUNE , 201 7 * SSL * COPY TO : 1) THE APPELLANT 2) THE RESPONDENT 3) THE CIT(A) CONCERNED 4) THE CIT CONCERNED 5) THE D.R, I BENCH, MUMBAI 6) GUARD FILE BY ORDER DY./ASSTT. REGISTRAR I.T.A.T, MUMBAI