Karunashanker Ramchandra Selot, Mumbai V. ITO-34(1)(5), Mumbai

ITA 564/MUM/2024

• Counselvise Citation: [2024] 101 COUNSELVISE.COM (IT) 6058 (ITAT-MUMBAI)
• Duration Of Justice: 4 month(s) 25 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 02-07-2024
• Appeal Filed By: Assessee
• Order Result: PartlyAllowed
• Bench Allotted: SMC
• Next Hearing Date: 02-07-2024
• Assessment Year: 2011-2012
• Appeal Filed On: 07-02-2024
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Department Lawyers: HIMANSHU SHARMA
• Keywords: FORM 26AS

Judgement Text

| आयकर अपीलीय अिधकरण यपी , मुंबई | IN THE INCOME TAX APPELLATE TRIBUNAL “SMC” BENCH, MUMBAI BEFORE SHRI NARENDRA KUMAR BILLAIYA, HON’BLE ACCOUNTANT MEMBER & SHRI RAHUL CHAUDHARY, HON’BLE JUDICIAL MEMBER I.T.A. No. 564/Mum/2024 Assessment Year: 2011-12 Karunashanker Ramchandra Selot 503, Embassy Apartment Bldg., 15, Shastri Nagar Lokhandwala Andheri West Mumbai - 400053 [PAN: AAYPM9260E] Vs Income Tax Officer, Ward - 34(1)(5), Mumbai अपील / (Appellant) य / (Respondent) Assessee by : Shri K.A. Vaidyalingan, A/R Revenue by : Shri Himanshu Sharma, CIT, D/R सुनवाई की तारीख/Date of Hearing : 03/07/2024 घोषणा की तारीख /Date of Pronouncement: 03/07/2024 आदेश/ O R D E R PER NARENDRA KUMAR BILLAIYA, AM: This appeal by the assessee is preferred against the order of the Addl/JCIT(A)-1, Coimbatore, dt. 19/12/2023 for the Assessment Year 2011-12. 2. The solitary grievance of the assessee is that the ld. CIT(A) erred in confirming the action of the Assessing Officer (AO) for non- granting of credit of advance tax paid. 3. Having heard rival submissions, we have carefully perused the orders of the authorities below. A perusal of Form 26AS downloaded from the IT portal show advance payment of Rs.2,06,000/- is reflected and the date of deposit is 22/03/2011. This credit was denied by the AO and the ld. CIT(A) for the simple reason that the same was not claimed in the original return of income filed. I.T.A. No. 564/Mum/2024 Assessment Year: 2011-12 Karunashanker Ramchandra Selot 2 4. Be that as it may, we are of the considered view that the credit for taxes paid should be allowed to the tax-payer. Therefore, we direct the AO to allow the credit of tax paid after verification. 5. In the result, appeal of the assessee is allowed for statistical purposes. Order pronounced in the Court on 3 rd July, 2024 at Mumbai. Sd/- Sd/- (RAHUL CHAUDHARY) (NARENDRA KUMAR BILLAIYA) JUDICIAL MEMBER ACCOUNTANT MEMBER Kolkata, Dated 03/07/2024 *SC SrPs *SC SrPs*SC SrPs *SC SrPs आदेश की े /Copy of the Order forwarded to : 1. ी / The Appellant 2. / The Respondent 3. संबं ध आयकर आय ! / Concerned Pr. CIT 4. आयकर आय !) ी (/ The CIT(A)- 5. वभ गीय ध ,आयकर अपीलीय अिधकरण, मुंबई /DR,ITAT, Mumbai, 6. # $% फ ई/ Guard file. आदेश नुस र/ BY ORDER, TRUE COPY Assistant Registrar आयकर अपीलीय अिधकरण ITAT, Mumbai