L'OREAL INDIA P.LTD, MUMBAI V. DCIT (TDS) CIR 2(1), MUMBAI

ITA 6232/MUM/2013

• Counselvise Citation: [2016] 132 COUNSELVISE.COM (IT) 4265 (ITAT-MUMBAI)
• Duration Of Justice: 2 year(s) 5 month(s) 10 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 04-04-2016
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: A
• Assessment Year: 2006-2007
• Appeal Filed On: 25-10-2013
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: ARVIND KUMARDR
• Assessee Lawyers: PRIYANKA GALA

Judgement Text

, , IN THE INCOME TAX APPELLATE TRIBUNAL MUMBAI BENCHES A, MUMBAI , , , BEFORE SHRI JOGINDER SINGH, JUDICIAL MEMBER AND SHRI RAJENDRA, ACCOUNTANT MEMBER ITA NOS.6232 & 6233/MUM/2013 ASSESSMENT YEARS- 2006-07 M/S LOREAL INDIA PRIVATE LIMITED. A-WING, 8 TH FOOOR, MARATHON FUTUREX, N.M. JOSHI MARG, LOWER PAREL, MUMBAI-400013 / VS. DCIT(TDS), CIRCLE-2(1), ROOM NO.702, 7 TH FLOOR, SMT. K.G. MITTAL HOSPITAL BUILDING, CHARNI ROAD, MUMBAI-400002 PAN NO. AAACL0738K ( / ASSESSEE) ( / REVENUE) / ASSESSEE BY SHRI PARAS SALVA & MS. PRIYANKA GALA / REVENUE BY SHRI ARVIND KUMAR-DR / DATE OF HEARING : 04/04/2016 / DATE OF ORDER: 04/04/2016 ITA NO.6232 & 6233/MUM/2013 M/S LOREAL INDIA PRIVATE LIMITED. 2 / O R D E R PER JOGINDER SINGH (JUDICIAL MEMBER) THE CAPTIONED ARE TWO APPEALS PREFERRED BY THE ASSESSEE AGAINST TWO ORDERS OF CIT(A) BOTH DATED 05/08/2013, WHICH IN TURN AROSE FROM RESPECTIVE DEM AND NOTICES/ORDERS BOTH DATED 25/02/2011 PASSED U/S. 201(1)/201(1A) OF THE INCOME TAX ACT, 1961 (IN SHOR T THE ACT ) RESPECTIVELY BY THE ASSESSING OFFICER TREATING TH E ASSESSEE IN DEFAULT AND LIABLE FOR INTEREST U/S. 201(1)/201(1A) OF THE ACT FOR RS. 1,24,99,530/- AND RS. 1,68,61,700/- RESPECTIVELY. 2. AT THE TIME OF HEARING, THE LD. COUNSEL FOR THE ASSESSEE, SHRI PARAS SALVA ALONG WITH MS. PRIYANKA GALA, CONTENDED THAT THE LD. ASSESSING OFFICER HAS GRANTE D RELIEF TO THE ASSESSEE. IN RESPONSE, THE LEARNED DR, SHRI ARVIND KUMAR, HAD NOTHING TO SAY AS THE LD. ASSESSING OFFI CER HIMSELF GRANTED RELIEF. 3. IN VIEW OF THE AFORESAID, THE LEARNED REPRESEN TATIVE FOR THE ASSESSEE FAIRLY CONCEDED THAT NO GRIEVANCE OF T HE ASSESSEE SURVIVES FOR THE PRESENT. AS A CONSEQUENCE , THE APPEALS OF THE ASSESSEE ARE DISMISSED AS INFRUCTUOU S, AS THE NECESSARY RELIEF HAS BEEN ALLOWED BY THE ASSESS ING OFFICER. FINALLY, BOTH THESE APPEALS OF THE ASSESSEE ARE DIS MISSED AS INFRUCTUOUS. ITA NO.6232 & 6233/MUM/2013 M/S LOREAL INDIA PRIVATE LIMITED. 3 THIS ORDER WAS PRONOUNCED IN THE OPEN IN THE PRESENCE OF LD. REPRESENTATIVES FROM BOTH SIDES AT THE CONCLUSION OF THE HEARING ON 04/04/2016. SD/- SD/- (RAJENDRA) (JOGINDER SINGH) '# / ACCOUNTANT MEMBER $# / JUDICIAL MEMBER MUMBAI; # DATED : 04/04/2016 F{X~{T? P.S/. . . %$&'()(*& / COPY OF THE ORDER FORWARDED TO : 1. %& '( / THE APPELLANT (RESPECTIVE ASSESSEE) 2. )*'( / THE RESPONDENT. 3. + + , ( %& ) / THE CIT, MUMBAI. 4. + + , / CIT(A)- , MUMBAI, 5. /01 )2 , + %& %23 , / DR, ITAT, MUMBAI 6. 14 5 / GUARD FILE. / BY ORDER, */& ) //TRUE COPY// / (DY./ASSTT. REGISTRAR) , / ITAT, MUMBAI