DCIT, New Delhi V. M/s. Mitsui & Co., New Delhi

ITA 5107/DEL/2015

• Counselvise Citation: [2016] 133 COUNSELVISE.COM (IT) 6257 (ITAT-DELHI)
• Duration Of Justice: 7 month(s) 19 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 30-03-2016
• Appeal Filed By: Department
• Order Result: Dismissed
• Bench Allotted: C
• Assessment Year: 2010-2011
• Appeal Filed On: 11-08-2015
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Department Lawyers: ANUJ ARORA
• Keywords: Tax effect

Judgement Text

1 ITA NO.5107/DEL/2015 IN THE INCOME TAX APPELLATE TRIBUNAL DELHI BENCH: C NEW DELHI BEFORE SHRI J. SUDHAKAR REDDY, ACCOUNTANT MEM BER AND SMT SUCHITRA KAMBLE , JUDICIAL MEMBER I.T.A .NO. 5107/DEL/2015 (ASSESSM ENT YEAR-2010-11) DCIT CIRCLE-2(2)(1), INTERNATIONAL TAXATION, ROOM NO. 411, 4 TH FLOOR, BLOCK E-2, CIVIC CENTRE NEW DELHI (APPELLANT) VS MITSUI & CO. PLOT NO. D1, 4 TH FLOOR, SALCON RAS VILAS, DISTRICT CENTRE, SAKET NEW DELHI AAACM5469Q (RESPONDENT) APPELLANT BY SH. ANUJ ARORA, CIT DR RESPONDENT BY SH. VED JAIN, CA ORDER PER SUCHITRA KAMBLE, JM THIS IS AN APPEAL FILED BY THE REVENUE. ADMITTEDLY THE TAX EFFECT IN THIS APPEAL BY THE REVENUE IS LESS THAN RS.10 LAKHS. 1.1 IN TERMS OF CBDT CIRCULAR NO.21/2015 DATED 10 TH DECEMBER,2015, F.NO. 279/MISC./142/2007-ITJ(PT.) READ WITH S.268 A OF TH E INCOME TAX ACT 1961, THIS APPEAL BY THE REVENUE SHOULD HAVE BEEN WITHDRA WN OR SHOULD NOT BE PRESSED BY THE REVENUE. 2. IN VIEW OF THE ABOVE THIS APPEAL BY THE REVENUE IS DISMISSED IN LIMINI. DATE OF HEARING 28.03.2016 DATE OF PRONOUNCEMENT 30.03.2016 2 ITA NO.5107/DEL/2015 3. IN THE RESULT REVENUES APPEAL IS DISMISSED IN LIM INI. ORDER PRONOUNCED IN THE OPEN COURT ON .. MARCH, 2016. SD/- SD/- (J. SUDHAKAR REDDY) (SUCHITRA KAMBLE) ACCOUNTANT MEMBER JUDICIAL MEMB ER DATED: 30/03/2016 R. NAHEED * COPY FORWARDED TO: 1. APPELLANT 2. RESPONDENT 3. CIT 4. CIT(APPEALS) 5. DR: ITAT ASSISTANT REGISTRAR ITAT NEW DELHI 3 ITA NO.5107/DEL/2015 DATE 1. DRAFT DICTATED ON 28/03/2016 PS 2. DRAFT PLACED BEFORE AUTHOR 28/03/2016 PS 3. DRAFT PROPOSED & PLACED BEFORE THE SECOND MEMBER .2016 JM/AM 4. DRAFT DISCUSSED/APPROVED BY SECOND MEMBER. JM/AM 5. APPROVED DRAFT COMES TO THE SR.PS/PS 30.03.2016 PS/PS 6. KEPT FOR PRONOUNCEMENT ON PS 7. FILE SENT TO THE BENCH CLERK 3 0 .03.2016 PS 8. DATE ON WHICH FILE GOES TO THE AR 9. DATE ON WHICH FILE GOES TO THE HEAD CLERK. 10. DATE OF DISPATCH OF ORDER.