ACIT 19(1)(2), MUMBAI V. ASHWIN PURSHOTAM BAJAJ, MUMBAI

ITA 4509/MUM/2015

• Counselvise Citation: [2015] 121 COUNSELVISE.COM (IT) 2206 (ITAT-MUMBAI)
• Duration Of Justice: 4 month(s) 22 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 22-12-2015
• Appeal Filed By: Department
• Order Result: Dismissed
• Bench Allotted: Not Allotted
• Assessment Year: 2011-2012
• Appeal Filed On: 31-07-2015
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Keywords: Tax effect

Judgement Text

, , , IN THE INCOME TAX APPELLATE TRIBUNAL MUMBAI BENCHES, MUMBAI , . , , BEFORE SHRI JOGINDER SINGH, JUDICIAL MEMBER, AND SHRI JASON P. BOAZ, ACCOUNTANT MEMBER ITA NO.4752/MUM/2015 ASSESSMENT YEAR: 2009-10 ACIT, CIRCLE-1, KALYAN, INCOME TAX OFFICE, 1 ST FLOOR, MOHAN PLAZA, WAYALE NAGAR, KHADAKPAD, KALYAN-421301 / VS. M/S ASB INTERNATIONAL PVT. LTD. E-9, ADDL. AMBERNATH INDL. AREA, MIDC, ANAND NAGAR, AMBERNATH (EAST), THANE-421506 ( ! / REVENUE) ( '#$% /ASSESSEE) PAN. NO. AAACA8424F ITA NO.4509/MUM/2015 ASSESSMENT YEAR: 2011-12 ITO-19(1)(2), 204, 2 ND FLOOR, MATRU MANDIR, TARDEO ROAD, MUMBAI-400007 / VS. SHRI ASHWIN P BAJAJ, FLAT NO.64, SARNATH B, BHULABHAI DESAI ROAD, MUMBAI-400004 ( ! / REVENUE) ( '#$% /ASSESSEE) PAN. NO. AACPB7522J 2 ITA NO.4767/MUM/2015 ASSESSMENT YEAR: 2006-07 ITO(IT)-3(2)(1), 1 ST FLOOR, SCINDIA HOUSE, BALLARD PIER, N.M. ROAD, MUMBAI-400038 / VS. ARUN CHANDUR MIRCHANDANI, NUPUR BUILDING, FLAT NO.54, 5 TH FLOOR, GULMOHAR CROSS ROAD, 4, J.V.P.D. SCHEME, JUHU, MUMBAI-400049 ( ! / REVENUE) ( '#$% /ASSESSEE) PAN. NO. AAJPM7787P ITA NO.4510/MUM/2015 ASSESSMENT YEAR: 2007-08 ACIT-8(1)(1), ROOM NO.624, 6 TH FLOOR, AAYAKAR BHAVAN, M.K. ROAD, MUMBAI-400020 / VS. M/S RELIANCE RETAIL INSURANCE BROKING LTD. 4 TH FLOOR, BRINDAVAN, SHRIRAM MILLS COMPOUND GANPATRAO KADAM MARG, WORLI, MUMBAI-400013 ( ! / REVENUE) ( '#$% /ASSESSEE) PAN. NO. AADCR4759H ITA NO.3359/MUM/2015 ASSESSMENT YEAR: 2006-07 ITO-5(1)(3), ROOM NO.569, 5 TH FLOOR, AAYAKAR BHAVAN, M.K. ROAD, MUMBAI-400020 / VS. M/S DHADDA DIAMONDS P. LTD. 1208 PANCHRATNA, OPERA HOUSE, MUMBAI-400004 ( ! / REVENUE) ( '#$% /ASSESSEE) PAN. NO. AAACD0539L ITA NO.4821/MUM/2015 ASSESSMENT YEAR: 2011-12 D.C.I.T-10(1)(2), R.NO.209, AAYAKAR BHAVAN, M.K. ROAD, MUMBAI-400020 / VS. M/S KDD (INDIA) PVT. LTD. C/O REGUS SUBURB CENTRE PVT. LTD. LEVEL 4, DYNASTY BUSINESS PARK, ANDHERI KURLA ROAD, ANDHERI (EAST), MUMBAI-400059 ( ! / REVENUE) ( '#$% /ASSESSEE) PAN. NO. AADCK5691K 3 ITA NO.3922/MUM/2015 ASSESSMENT YEAR: 2011-12 DCIT(TDS)-2(3), R. NO.1013, 10 TH FLOOR, SMT. K.G. MITTAL AYURVEDIC HOSPITAL BUILDING, CHARNI ROAD, MUMBAI-400002 / VS. M/S THE ROYAL BANK OF SCOTLAND N V, 7 TH FLOOR, 4 NORTH AVENUE, MAKER MAXITY, BANDRA KURLA COMPLEX, BANDRA (EAST), MUMBAI-400051 ( ! / REVENUE) ( '#$% /ASSESSEE) PAN. NO. AACCA6818K ITA NO.3924/MUM/2015 ASSESSMENT YEAR: 2011-12 ITO(TDS)-1(1)(1), ROOM NO.804 SMT. K.G. MITTAL AYURVEDIC HOSPITAL BUILDING, CHARNI ROAD, MUMBAI-400002 / VS. MR. AMANULLAH HASANKHAN DALWAI, DALWAI HOUSE, S.V. ROAD, OSHIWARA, JOGESHWARI (WEST), MUMBAI-400092 ( ! / REVENUE) ( '#$% /ASSESSEE) PAN. NO. (NOT AVAILABLE IN THE FILE) ITA NO.3361/MUM/2015 ASSESSMENT YEAR: 2008-09 ITO-5(1)(3), ROOM NO.569, 5 TH FLOOR, AAYAKAR BHAVAN, M.K. ROAD, MUMBAI-400020 / VS. M/S DHADDA DIAMONDS P. LTD 1208 PANCHRATNA, OPERA HOUSE, MUMBAI-400004 ( ! / REVENUE) ( '#$% /ASSESSEE) PAN. NO. AABPT4725G ITA NO.4849/MUM/2015 ASSESSMENT YEAR: 2010-11 DCIT-15(3)(2), ROOM NO.470, 4 TH FLOOR, AAYAKAR BHAVAN, M.K. ROAD, MUMBAI-400020 / VS. M/S SM AKER MANAGEMENT SERVICES PVT. LTD. 5066, BHANDUP INDUSTRIAL ESTATE, LBS MARG, BHANDUP (WEST), MUMBAI-400078 ( ! / REVENUE) ( '#$% /ASSESSEE) PAN. NO. AAMCS8388Q 4 ITA NO.3360/MUM/2015 ASSESSMENT YEAR: 2007-08 ITO-5(1)(3), ROOM NO.569, 5 TH FLOOR, AAYAKAR BHAVAN, M.K. ROAD, MUMBAI-400020 / VS. M/S DHADDA DIAMONDS P. LTD. 1208 PANCHRATNA, OPERA HOUSE, MUMBAI-400004 ( ! / REVENUE) ( '#$% /ASSESSEE) PAN. NO.AAACD0539L ITA NO.3532/MUM/2015 ASSESSMENT YEAR: 2009-10 DCIT, (TDS)-2(1), ROOM NO.702, 7TH FLOOR, SMT. K.G. MITTAL AYURVEDIC HOSPITAL BUILDING, CHARNI ROAD, MUMBAI-400002 / VS. M/S OWENS CORNING INDIA LTD, ALPHA BUILDING, 7 TH FLOOR, HIRANANDANI GARDEN, POWAI, MUMBAI-400076 ( ! / REVENUE) ( '#$% /ASSESSEE) PAN. NO. AAACO1739M ITA NO.4835/MUM/2015 ASSESSMENT YEAR: 2008-09 DCIT-10(2)(2), R.NO.216-A, AAYAKAR BHAVAN, M.K. ROAD, MUMBAI-400020 / VS. M/S MICROWORLD SOFTWARE SERVICES PVT. LTD. PLOT NO.80, ROAD NO.15, MIDC MAROL, ANDHERI(E), MUMBAI-400093 ( ! / REVENUE) ( '#$% /ASSESSEE) PAN. NO. AAACCM1456B ITA NO.3358/MUM/2015 ASSESSMENT YEAR: 2005-06 ITO-5(1)(3), ROOM NO.569, 5 TH FLOOR, AAYAKAR BHAVAN, M.K. ROAD, MUMBAI-400020 / VS. M/S DHADDA DIAMONDS P. LTD. 1208 PANCHRATNA, OPERA HOUSE, MUMBAI-400004 ( ! / REVENUE) ( '#$% /ASSESSEE) PAN. NO.AAACD0539L 5 ITA NO.3363/MUM/2015 ASSESSMENT YEAR: 2007-08 ITO-22(3)(2), ROOM NO.306, 3 RD FLOOR, PIRAMAL CHAMBERS, LALBAUG, PAREL, MUMBAI-400055 / VS. M/S SANTACRUZ GYMKHANA, SANTACRUZ GYMKHANA, 11 TH ROAD, SANTACRUZ (EAST), MUMBAI-400055 ( ! / REVENUE) ( '#$% /ASSESSEE) PAN. NO. AAAAS4059E ITA NO.6707/MUM/2014 ASSESSMENT YEAR: 2010-11 ACIT-20(2), ROOM NO.612, 6 TH FLOOR, PIRAMAL CHAMBERS, LALBAUG, PAREL, MUMBAI-400055 / VS. M/S MOTA CHIPS, B-14, NEW EMPIRES INDUSTRIAL ESTATE, KONDIVITA LANE, ANDHERI (EAST), MUMBAI-400059 ( ! / REVENUE) ( '#$% /ASSESSEE) PAN. NO. AAEFM9028L ITA NO.6830/MUM/2014 ASSESSMENT YEAR: 2010-11 DCIT-10(1), 453, AAYAKAR BHAVAN, 4 TH FLOOR, M.K. MARG, MUMBAI-400020 / VS. M/S IL & FS INFRASTRUCTURE DEVELOPMENT CORPORATION LTD. THE IL & FS FINANCIAL CENTRE, PLOT NO.C-22, G BLOCK, BANDRA KURAL COMPLEX, BANDRA EAST MUMBAI-400051 ( ! / REVENUE) ( '#$% /ASSESSEE) PAN. NO. AAACB8463N ITA NO.6757/MUM/2014 ASSESSMENT YEAR: 2010-11 ITO-23(2)(4), ROOM NO.205, C-10, 2 ND FLOOR, PRATYAKSHA KAR BHAVAN, B.K.C., BANDRA (EAST), MUMBAI-400051 / VS. M/S MUKESH K.SHAH (HUF), B-12, CHANDRA NIWAS, P.K. ROAD, PANCH RASTA, MULUND (WEST), MUMBAI-400080 ( ! / REVENUE) ( '#$% /ASSESSEE) PAN. NO. AAGHS3814L 6 ITA NO.6846/MUM/2014 ASSESSMENT YEAR: 2009-10 DCIT-10(3), ROOM NO.451, 4 TH FLOOR, AAYAKAR BHAVAN, M. K. ROAD, MUMBAI-400020 / VS. M/S Z. PLUS SECURITY SYSTEMS PVT. LTD. 4, SIDDHIVINAYAK, PLOT NO.90, SECTOR-01, KOPER KHAIRANE, NAVI MUMBAI-400701 ( ! / REVENUE) ( '#$% /ASSESSEE) PAN. NO. AAACZ2033R ITA NO.6847/MUM/2014 ASSESSMENT YEAR: 2010-11 DCIT-10(3), ROOM NO.451, 4 TH FLOOR, AAYAKAR BHAVAN, M. K. ROAD, MUMBAI-400020 / VS. M/S SAI OM PETRO SPECILITIES LIMITED. SHIVA ESTATE, 2 ND FLOOR, LAKE ROAD, BHANDUP (WEST), MUMBAI-400078 ( ! / REVENUE) ( '#$% /ASSESSEE) PAN. NO. AABCS1201K ITA NO.6828/MUM/2014 ASSESSMENT YEAR: 2010-11 DCIT-10(1), ROOM NO.453, 4 TH FLOOR, AAYAKAR BHAVAN, M. K. ROAD, MUMBAI-400020 / VS. M/S. INDIA CONNECTION IMPEX P. LTD. UNIT NO. 2017 & 2185, SECOND FLOOR, DEEP PLAZA, OPP. LBS MARG, JUNCTION, OFF ASHOK LEYLAND, KURLA WEST, MUMBAI-400098 ( ! / REVENUE) ( '#$% /ASSESSEE) PAN. NO. AAACI9108A ITA NO.6845/MUM/2014 ASSESSMENT YEAR: 2010-11 DCIT-10(3), ROOM NO.451, 4 TH FLOOR, AAYAKAR BHAVAN, M. K. ROAD, MUMBAI-400020 / VS. M/S KRASNY MARINE SERVICE PVT. LTD. 1201/1202, GREAT SUMMIT SECTOR-15, PLOT NO.66 BELAPUR, NAVI MUMBAI-400614 ( ! / REVENUE) ( '#$% /ASSESSEE) PAN. NO. AAACK6125D 7 ITA NO.6839/MUM/2014 ASSESSMENT YEAR: 2010-11 ACIT-10(2), ROOM NO.432, 4 TH FLOOR, AAYAKAR BHAVAN, M.K. ROAD, MUMBAI-400020 / VS. M/S ALBATROSS INLAND PORTS PVT. LTD, GEET-MALA BILDG, 4 TH FLOOR, NEXT TO SHAH INDUSTRIAL ESTATE, GOVANDI (EAST), MUMBAI-400088 ( ! / REVENUE) ( '#$% /ASSESSEE) PAN . NO. AAECA8052B ITA NO.6834/MUM/2014 ASSESSMENT YEAR: 2010-11 DCIT-10(1), ROOM NO.453, 4 TH FLOOR, AAYAKAR BHAVAN, M. K. ROAD, MUMBAI-400020 / VS. M/S DISH HOSPITALITY PVT. LTD. S-4 TH FLOOR, HDIL TOWER, ANANT KANEKAR MARG, BANDRA EAST, MUMBAI-400051 ( ! / REVENUE) ( '#$% /ASSESSEE) PAN. NO. AACCB0280A ITA NO.4743/MUM/2015 ASSESSMENT YEAR: 2009-10 DCIT-10(1), CENTRAL CIRCLE-6(3), ROOM NO.32(1), GROUND FLOOR, AAYAKAR BHAVAN, M. K. ROAD, MUMBAI-400020 / VS. M/S EXCEL CROP CARE LTD. 184-187, EXCEL ESTATE, S.V. ROAD, JOGESHWARI (W), MUMBAI-400108 ( ! / REVENUE) ( '#$% /ASSESSEE) PAN. NO. AACW3810D ITA NO.1989/MUM/2015 ASSESSMENT YEAR: 2010-11 ACIT-19(1), 2 ND FLOOR, MATRU MANDIR, TARDEO RAOD, MUMBAI-400007 / VS. SMT. DHANASHREE S TALWALKAR, 207, YUSUF BULD. 2 ND FLOOR, M.G. ROAD, FORT, MUMBAI-400023 ( ! / REVENUE) ( '#$% /ASSESSEE) PAN. NO. AABPT4725G 8 ITA NO.4497/MUM/2015 ASSESSMENT YEAR: 2009-10 ACIT-19(1), 2 ND FLOOR, MATRU MANDIR, TARDEO RAOD, MUMBAI-400007 / VS. M/S CHAMPAK STEEL & ENGG. COMPANY 25, 390/92, SHANKAR MANSION, S.V. P. ROAD, VINITA VISHRAM CHOWK, MUMBAI-400004 ( ! / REVENUE) ( '#$% /ASSESSEE) PAN. NO. AACFC5317Q & !' ( %) / DATE OF HEARING : 22/12/2015 ( %) / DATE OF ORDER: 22/12/2015 / O R D E R PER BENCH THIS BUNCH OF TWENTY SEVEN APPEALS IS BY THE REVENU E IN THE CASES OF DIFFERENT ASSESSEES CHALLENGING THE IM PUGNED RESPECTIVE ORDER OF DIFFERENT DATES, PASSED BY THE LD. FIRST APPELLATE AUTHORITY, MUMBAI. 2. AT THE OUTSET, IT WAS BROUGHT TO OUR NOTICE THA T THE TAX EFFECT IN THE RESPECTIVE APPEAL IS BELOW PRESCR IBED MONETARY LIMIT. THIS FACTUAL MATRIX WAS NOT CONTROV ERTED BY THE RESPECTIVE LD. DR. '#$% ! / ASSESSEE BY NONE ! ! / REVENUE BY MS. N.V. NADKARNI, SHRI J. SARVANAN, SHRI JEEVANLAL DAVIDIYA 9 2.1. WE HAVE CONSIDERED THE RIVAL SUBMISSIONS AND PERUSED THE MATERIAL AVAILABLE ON RECORD. WE NOTE T HAT THE TAX EFFECT IN THE RESPECTIVE APPEAL IS BELOW THE PRESCR IBED MONETARY LIMIT OF RS.10 LAKH. 2.2. IN VIEW OF THE FACT THAT THE TAX EFFECT IN T HE RESPECTIVE APPEAL IS BELOW PRESCRIBED MONETARY LIMIT, AS CONTA INED IN CBDT INSTRUCTION NO.3/2011 DATED 09/02/2011, FURTHE R INSTRUCTION NO.5/2014 (F NO.279/MISC./142/2007-IT(P T) DATED 10/07/2014, THE CBDT REVISED THE MONETARY LIM IT FOR FILING THE APPEAL BEFORE VARIOUS AUTHORITIES/COURTS VIDE CBDT CIRCULAR NO.21 OF 2015, DATED 10/12/2015 (F NO.279/MISC./142/2007-IT(PT), WITH RETROSPECTIVE EF FECT AND ADVISED/DIRECTED THE DEPARTMENT NOT TO FILE APPEAL IN THE CASES WHERE THE TAX EFFECT DOES NOT EXCEED THE FOLLOWING MONETARY LIMIT.:- SL. NO. APPEALS IN INCOME TAX MATTERS MONETARY LIMIT (IN RS.) 1. BEFORE ITAT 10,00,000/ - 2. U/S 260 A BEFORE HONBLE HIGH COURT 20,00,000/ - 3. BEFORE HONBLE SUPREME COURT 25,00,000/ - AS PER THE AFORESAID INSTRUCTION/REVISED MONETARY L IMIT, THE DEPARTMENT IS NOT TO FILE APPEAL BEFORE THE TRI BUNAL, WHEREIN, THE TAX EFFECT IS LESS THAN RS.10,00,000/- , CONSEQUENTLY, THESE APPEALS OF THE REVENUE ARE NOT MAINTAINABLE. THEREFORE, IN VIEW OF UNCONTROVERTED FACTS WITH 10 RESPECT TO PRESCRIBED MONETARY LIMIT, MORE SPECIFIC ALLY ON BEHALF OF THE REVENUE, AND THE AFOREMENTIONED CIRCU LAR OF CBDT, THE APPEALS OF THE REVENUE ARE DISMISSED AS N OT MAINTAINABLE. FINALLY, THE APPEALS OF THE REVENUE ARE DISMISSED A S NOT MAINTAINABLE. THIS ORDER WAS PRONOUNCED IN THE OPEN COURT IN THE PRESENCE OF THE LD. REPRESENTATIVE FROM BOTH SIDES AT THE CONCLUSION OF THE HEARING ON 22/12/2015. SD/- SD/- ( JASON P. BOAZ ) (JOGINDER SINGH) '!# / ACCOUNTANT MEMBER $!# /JUDICIAL MEMBER & ' MUMBAI; * DATED : 22/12/2015 F{X~{T? P.S/. . . %$&'()(*& / COPY OF THE ORDER FORWARDED TO : 1. +,- / THE APPELLANT (RESPECTIVE ASSESSEE) 2. ./,- / THE RESPONDENT. 3. 0 0 & 1% ( + ) / THE CIT, MUMBAI. 4. 0 0 & 1% / CIT(A)- , MUMBAI, 5. 3!4 .%' , 0 +) +'5 , & ' / DR, ITAT, MUMBAI 6. 6# 7' / GUARD FILE. ! / BY ORDER, /3% .% //TRUE COPY// /! (DY./ASSTT. REGISTRAR) , & ' / ITAT, MUMBAI