ACIT, New Delhi V. M/s. Shree Om Enterprises Pvt. Ltd., New Delhi

ITA 3941/DEL/2010

• Counselvise Citation: [2013] 120 COUNSELVISE.COM (IT) 2711 (ITAT-DELHI)
• Duration Of Justice: 2 year(s) 8 month(s) 22 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 14-05-2013
• Appeal Filed By: Department
• Order Result: Allowed
• Bench Allotted: G
• Next Hearing Date: 14-05-2013
• Assessment Year: 2007-2008
• Appeal Filed On: 23-08-2010
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: BHIM SINGH
• Assessee Lawyers: MONIKA JAIN CAS; SANJAY K AGGARWAL

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL (DELHI BENCH G : NEW DELHI) SHRI RAJPAL YADAV, JUDICIAL MEMBER AND BEFORE SHRI B.C. MEENA, ACCOUNTANT MEMBER ITA NO.3610/DEL./2010 (ASSESSMENT YEAR : 2007-08) M/S. SHREE OM ENTERPRISES PVT. LTD., VS. JCIT, RAN GE 8, A 98/3, OKHLA INDUSTRIAL AREA PHASE-II, NEW DELH I. NEW DELHI 110 020. (PAN : AAACS2078K) ITA NO.3941/DEL./2010 (ASSESSMENT YEAR : 2007-08) JCIT, RANGE 8, VS. M/S. SHREE OM ENTERPRISES PVT. LTD., NEW DELHI. A 98/3, OKHLA INDUSTRIAL AREA PHASE -II, NEW DELHI 110 020. (PAN : AAACS2078K) (APPELLANT) (RESPONDENT) ASSESSEE BY : SHRI SANJAY K. AGGARWAL & MS. MONIKA JAIN, CAS REVENUE BY : SHRI BHIM SINGH, DR ORDER PER B.C. MEENA, ACCOUNTANT MEMBER : BOTH THESE CROSS APPEALS EMANATE FROM THE ORDER OF THE CIT (APPEALS)- XI, NEW DELHI DATED 21.05.2010 FOR THE ASSESSMENT Y EAR 2007-08. 2. THE ASSESSEE IS A COMPANY ENGAGED IN THE BUSINES S OF PRINTING OF DIARY, CALENDAR, ETC. THE RETURN OF INCOME WAS FILED ON 3 1.10.2007. AT THE TIME OF ITA NOS.3610 & 3941/DEL./2010 2 HEARING, THE LD. AR SUBMITTED THAT THERE ARE MANY F ACTUAL INACCURACIES IN THE ASSESSMENT ORDER AS WELL AS IN CIT (A)S ORDER AND IT IS PRAYED THAT IN THE INTEREST OF JUSTICE, ALL THE ISSUES MAY BE RESTORED TO THE FILE OF THE ASSESSING OFFICER SO THAT FACTUAL INACCURACIES AND OTHER VERI FICATIONS MAY BE DONE. FOR THIS PROPOSITION, THE LD. DR WAS NOT HAVING ANY OBJ ECTION. 3. AFTER HEARING BOTH THE SIDES, WE SET ASIDE ALL T HE ISSUES RAISED IN THE APPEAL OF THE REVENUE AS WELL AS IN THE APPEAL OF T HE ASSESSEE TO THE FILE OF THE ASSESSING OFFICER TO BE FINALIZED DE NOVO. 4. IN THE RESULT, THE APPEAL OF THE REVENUE AND THE APPEAL OF THE ASSESSEE ARE ALLOWED FOR STATISTICAL PURPOSES. ORDER PRONOUNCED IN OPEN COURT ON THIS 14 TH DAY OF MAY, 2013. SD/- SD/- (RAJPAL YADAV) (B.C. MEENA) JUDICIAL MEMBER ACCOUNTANT MEMBER DATED THE 14 TH DAY OF MAY, 2013 TS COPY FORWARDED TO: 1.APPELLANT 2.RESPONDENT 3.CIT 4.CIT(A)-XI, NEW DELHI. 5.CIT(ITAT), NEW DELHI. AR, ITAT NEW DELHI.