ITO 18(3)(3), MUMBAI V. RATNAKAR LAXMAN CHAWLA, MUMBAI

ITA 4516/MUM/2013

• Counselvise Citation: [2016] 133 COUNSELVISE.COM (IT) 3701 (ITAT-MUMBAI)
• Duration Of Justice: 2 year(s) 8 month(s) 28 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 03-03-2016
• Appeal Filed By: Department
• Order Result: Dismissed
• Bench Allotted: D
• Next Hearing Date: 16-11-2015
• Assessment Year: 2009-2010
• Appeal Filed On: 05-06-2013
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Department Lawyers: B S BIST
• Assessee Lawyers: HARI S RAHEJA
• Keywords: Tax effect

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL MUMBAI BENCHES D, MUMBAI BEFORE SHRI B.R.BASKARAN (AM) AND SHRI RAM LAL NEGI (JM) ITA NO. 4516/MUM/2013 ASSESSMENT YEAR: 2009-10 THE ITO 18(3)(3), 211, PIRAMAL CHAMBERS, LALBAUG, MUMBAI- 400012. VS. SHRI. R ATNAKAR LAXMAN CHAWLA . 6A/3, NAVJIVAN SOCIETY, MORI ROAD, MAHIM. PAN- AABPC7542E (APPELLANT) (RESPONDENT) APPELLANT BY : SHRI. B.S.BIST. RESPONDENT BY : SHRI. HARI S. RAHEJA DATE OF HEARING: 03/03/2016 DATE OF PRONOUNCEMENT: 03/03/2016 O R D E R PER RAM LAL NEGI, JM THE APPEAL FILED BY THE REVENUE IS DIRECTED AG AINST THE ORDER DATED 06/03/2013 PASSED BY LD CIT(A)-29, MUMBAI FOR ASSES SMENT YEAR 2009-10. 2. THE LD COUNSEL APPEARING FOR THE ASSESSEE SUBMI TTED THAT THE TAX EFFECT ISSUE INVOLVED IN THIS APPEAL IS LESS THAN 10 LAKHS AND HENCE IN VIEW OF THE CIRCULAR NO. 21OF 2015 DATED. 10/12/2015 ISSUED BY THE CBDT, THE REVENUE IS PECULATED FOR PERUSING THIS APPEAL. 3. THE LD DR ALSO AGREED WITH THE SUBMISSION OF THE LD. AR. 2 ITA NO. 4516/MUM/2013 ASSESSMENT YEAR: 2009-10 4. IN VIEW OF THE ABOVE CIRCULAR ISSUED BY CBDT REF ERRED (SUPRA). WE DISMISS THE APPEAL OF THE REVENUE. 5. IN THE RESULT, APPEAL FILED BY THE REVENUE FOR T HE ASSESSMENT YEARS 2009-10, IS DISMISSED. ORDER PRONOUNCED IN THE OPEN COURT ON 3R D MARCH, 2016 SD/- SD/- ( B.R.BASKARAN ) (RAM LAL NEGI) ACCOUNTANT MEMBER JUDICIAL MEMBER MUMBAI; DATED: 03/03/2016 / COPY OF THE ORDER FORWARDED TO : 1. / THE APPELLANT 2. / THE RESPONDENT. 3. ( ) / THE CIT(A)- 4. / CIT 5. !' , $ !'% , / DR, ITAT, MUMBAI 6. &' ( / GUARD FILE. / BY ORDER, ) //TRUE COPY// / (DY./ASSTT. REGISTRAR) , / ITAT, MUMBAI PRAMILA