THE ADIT (IT)-2(2), MUMBAI V. M/S. ZEE TV USA INC., MUMBAI

ITA 5607/MUM/2008

• Counselvise Citation: [2017] 128 COUNSELVISE.COM (IT) 1442 (ITAT-MUMBAI)
• Duration Of Justice: 8 year(s) 7 month(s) 1 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 06-04-2017
• Appeal Filed By: Department
• Bench Allotted: L
• Next Hearing Date: 06-04-2017
• Assessment Year: 2004-2005
• Appeal Filed On: 04-09-2008
• Court: TRIBUNAL
• Department Lawyers: M V RAJGURUSR
• Assessee Lawyers: JAI BHANSALI

Judgement Text

, , , , INCOME-TAX APPELLATE TRIBUNAL -LBENCH MUMBAI , , , BEFORE S/SHRI RAJENDRA,ACCOUNTANT MEMBER AND RAM LAL NEGI,JUDICIAL MEMBER ./I.T.A./3083/MUM/2007, /ASSESSMENT YEAR: 2003-04 ./I.T.A./5607/MUM/2008, /ASSESSMENT YEAR: 2004-05 ADIT-(IT)-2(2), ROOM NO.116, SCINDIA HOUSE, 1 ST FLOOR BALLARD ESTATE, N.M. ROAD MUMBAI-400 038. VS. M/S. ZEE T.V., USA INC. C/O. ZEE TELEFILMS LTD. 135, DR. ANNIE BESANT ROAD CONTINENTAL BUILDING, WORLI MUMBAI-410 018. PAN: AAACF 1291 K C.O. NO.46/MUM/2010 ARISING OUT OF ITA NO.5607/MUM/2008 ASSESSMENT YEAR: 2004-05 M/S. ZEE T.V., USA INC. MUMBAI-410 018. VS. ADIT-(IT)-2(2), MUMBAI-400 038. REVENUE BY: SHRI M.V. RAJGURU-SR.DR ASSESSEE BY: SHRI JAI BHANSALI / // / DATE OF HEARING: 06.04.2017 / DATE OF PRONOUNCEMENT: 06.04.2017 , ,, , 1961 254(1) ORDER U/S.254(1)OF THE INCOME-TAX ACT,1961(ACT) / PER RAJENDRA, AM - THE ABOVE APPEALS WERE FILED BY THE ASSESSING OFFIC ERS (AO.S) RAISING VARIOUS GROUNDS OF APPEAL FOR THE ASSESSMENT YEARS MENTIONED ABOVE.CRO SS OBJECTION (C.O.) HAS BEEN FILED BY THE ASSESSEE.THE TAX AMOUNT INVOLVED IN BOTH THE CASES IS BELOW THE MONETARY LIMIT,(RS.10,00,000/-),PRESCRIBED BY THE CENTRAL B OARD OF DIRECT TAXES (CBDT), VIDE ITS CIRCULAR NO.21/2015(F.NO.279/MISC.142/2007-ITJ (PT. ) DATED 10 TH DECEMBER, 2015. 2. THE DEPARTMENTAL REPRESENTATIVE (DR),ON A QUERY BY THE BENCH,FAIRLY CONCEDED THAT THE TAX INVOLVED IN BOTH THE ABOVE CASES WAS LESS THAN RS.10.00 LACS. CONSIDERING THESE FAC TS,WE DISMISS THE APPEALS HOLDING THEM AS NOT MAINTAINABL E. C.O. NO.46/MUM/2010: AS WE FIND THAT THE APPEAL FILED BY THE ASSESSING O FFICER IS NOT MAINTAINABLE, THE C.O. FILED BY THE ASSESSEE BECOMES INFRUCTUOUS. AS A RESULT,APPEALS FILED BY THE AO STAND DISMISSED AND C.O. FILED BY THE ASSESSEE IS TREATED AS INFRUCTUOUS. ! '#$%&' . ORDER PRONOUNCED IN THE OPEN COURT ON 6 TH APRIL, 2017. ( ) %*+ 6 , 2017 SD/- SD/- ( / RAM LAL NEGI) ( &(, / RAJENDRA) ( *- / JUDICIAL MEMBER / ACCOUNTANT MEMBER MUMBAI; %*+ DATED : 06.04.2017 . JV.SR.PS. 5607/M/08&3083/M/07&C.O.46/M/10 ZEE T.V. USA INC. 2 / COPY OF THE ORDER FORWARDED TO : 1. APPELLANT / 2. RESPONDENT / 3. THE CONCERNED CIT(A)/ , 4. THE CONCERNED CIT / 5. DR E BENCH, ITAT, MUMBAI / , , . . . 6. GUARD FILE/ //TRUE COPY// / BY ORDER, / DY./ASST. REGISTRAR , /ITAT, MUMBAI.