Mankamaeshwar Steels Pvt Ltd, New Delhi V. Pr. CIT, Aligarh

ITA 5071/DEL/2019

• Counselvise Citation: [2022] 105 COUNSELVISE.COM (IT) 3143 (ITAT-DELHI)
• Duration Of Justice: 2 year(s) 11 month(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 03-05-2022
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: E
• Assessment Year: 2015-2016
• Appeal Filed On: 02-06-2019
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Keywords: Revision of order
• Section: 263; 143(3)

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNALDELHI (DELHI BENCH ‘E’ : NEW DELHI) BEFORE DR. B.R.R.KUMAR, ACCOUNTANT MEMBER AND SH.ANUBHAV SHARMA, JUDICIAL MEMBER ITA No.5071/Del/2019 (Assessment Year : 2015-16) M/s. Mankameshwar Steels Pvt. Ltd. C/o. Vivek Bansal 2 nd Floor, B-3/4, Safdarjung Enclave, Delhi PIN : 110029 PAN : AADCM6411H Vs. Pr. CIT Aligarh, Civil Lines, Marris Road-202001 (APPELLANT) (RESPONDENT) Assessee by Sh. Vivek Bansal, Adv. Revenue by Ms. Rinku Singh, Sr. DR Date of hearing: 04.05.2022 Date of Pronouncement: 04.05.2022 ORDER PER ANUBHAV SHARMA, JM: Heard. The appeal was filed against order dated 14.03.2019 u/s 263 of the Income Tax Act, 1961 passed by the Pr. Commissioner of Income Tax, Aligarh whereby the assessment order passed by ACIT, Circle 4(1), Aligarh u/s 143(3) dated 06.03.2017 was set aside with direction to pass afresh order after examining the issue of share application money amounting to Rs. 27,50,000/-, income from commodity business amounting to Rs. 6,65,75,000/- and also the application of Section 115BBE. 2 ITA No. 5071/Del/2019, Mankamaeshwar Steels P. Ltd. 2. The appeal was filed with the application of condonation of delay of six days and considering the reasons cited and little delay, the same is allowed. 3. It was submitted on behalf of assessee by the counsel that in the fresh order passed no addition has been made u/s 143(3) r.w.s. 263 of the Act. 4. Consequently, appeal being infructuous on request is dismissed as withdrawn. Order announced in open court on conclusion of hearing dated 4 th May, 2022 . Sd/- Sd/- (B.R.R.KUMAR) (ANUBHAV SHARMA) ACCOUNTANT MEMBER JUDICIAL MEMBER Date:-04.05.2022 *Binita, Sr.P.S* Copy forwarded to: 1. Appellant 2. Respondent 3. CIT 4. CIT(Appeals) 5. DR: ITAT ASSISTANT REGISTRAR ITAT, NEW DELHI