Strop Creation Pvt. Ltd., Delhi V. ACIT, Central Circle- 28 , New Delhi

ITA 5013/DEL/2018

• Counselvise Citation: [2019] 115 COUNSELVISE.COM (IT) 6980 (ITAT-DELHI)
• Duration Of Justice: 1 year(s) 3 month(s) 5 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 22-10-2019
• Appeal Filed By: Assessee
• Order Result: Partly Allowed
• Bench Allotted: SMC
• Assessment Year: 2013-2014
• Appeal Filed On: 17-07-2018
• Result in Favour of: Partly Allowed
• Court: TRIBUNAL
• Assessee Lawyers: VK SABHARWAL

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL DELHI BENCH: SMC NEW DELHI BEFORE SHRI H.S. SIDHU, JUDICIAL MEMBER ITA NO. 5010/DEL/2018 ASSESSMENT YEAR: 2013-14 FREAK BUILDCON PVT. LTD. SABHARWAL & PARTNERS, ADVOCATES, DELHI HIGH COURT, 4819/24, ANSARI ROAD, DARYAGANJ, NEW DELHI. PAN NO. AABCF6031G VS ACIT CENTRAL CIRCLE 28, NEW DELHI. APPELLANT RESPONDENT ITA NO. 5011/DEL/2018 ASSESSMENT YEAR: 2013-14 SHILPKAR BUILDTECH PVT. LTD. SABHARWAL & PARTNERS, ADVOCATES, DELHI HIGH COURT, 4819/24, ANSARI ROAD, DARYAGANJ, NEW DELHI. PAN NO. AAACZ4478L VS ACIT CENTRAL CIRCLE 28, NEW DELHI. APPELLANT RESPONDENT ITA NO. 5012/DEL/2018 ASSESSMENT YEAR: 2013-14 JARF INFRA DEVELOPMENT PVT. LTD. SABHARWAL & PARTNERS, ADVOCATES, DELHI HIGH COURT, 4819/24, ANSARI ROAD, DARYAGANJ, NEW DELHI. PAN NO. AAACZ4477F VS ACIT CENTRAL CIRCLE 28, NEW DELHI. APPELLANT RESPONDENT 2 ITA NOS . 5010 TO 5014/DEL/2018 (CORRIGENDUM) ITA NO. 5013/DEL/2018 ASSESSMENT YEAR: 2013-14 STROP CREATION PVT. LTD. SABHARWAL & PARTNERS, ADVOCATES, DELHI HIGH COURT, 4819/24, ANSARI ROAD, DARYAGANJ, NEW DELHI. PAN NO. AAPCS7752P VS ACIT CENTRAL CIRCLE 28, NEW DELHI. APPELLANT RESPONDENT & ITA NO. 5014/DEL/2018 ASSESSMENT YEAR: 2013-14 RAYAN GARMENTS PVT. LTD. B-76, GALI NO. 4/3, RAMA GARDEN, KARAWAL NAGAR, DELHI. PAN NO. AAECR8602A VS ACIT CENTRAL CIRCLE 28, NEW DELHI. APPELLANT RESPONDENT ASSESSEE BY SHRI V.K. SABHARWAL, ADVOCATE REVENUE BY MS. EKTA VISHNOI, SR. DR CORRIGENDUM I NOTE THAT DUE TO TYPOGRAPHICAL MISTAKE IN PARA N O. 14 AT PAGE NO. 11 OF THE TRIBUNALS COMMON ORDER DATED 22 .10.2019 PASSED IN THE AFORESAID APPEALS, SOME MISTAKES HAVE BEEN CREPT IN. THE PARA NO. 14 OF THE AFORESAID ORDER DATED 2 2.10.2019 MAY NOW BE READ AS UNDER: - 14. IN THE RESULT, THE APPEAL FILED BY THE ASSESSE E IS PARTLY ALLOWED. SINCE IN ALL THE OTHER FOUR APPEAL S 3 ITA NOS . 5010 TO 5014/DEL/2018 (CORRIGENDUM) THERE ARE SIMILAR FACTS AND CIRCUMSTANCES AND THE FINDINGS GIVEN BY THE REVENUE AUTHORITIES, THEREFOR E, MY FINDINGS GIVEN ABOVE WILL APPLY MUTATIS MUTANDIS IN OTHER FOUR APPEALS ALSO, BECAUSE THE NATURE OF TRANSACTION AND DOCUMENTS ARE EXACTLY SAME. 2. THE REST OF THE CONTENTS OF MY AFORESAID ORDER D ATED 22.10.2019 WILL REMAIN UNCHANGED. SD/- (H.S. SIDHU) JUDICIAL MEMBER DATED: 23/10/2019 *KAVITA ARORA COPY FORWARDED TO: 1. APPELLANT 2. RESPONDENT 3. CIT 4. CIT(APPEALS) 5. DR: ITAT TRUE COPY ASSISTANT REGISTRAR ITAT NEW DELHI 4 ITA NOS . 5010 TO 5014/DEL/2018 (CORRIGENDUM)