DCIT CC8 (1), MUMBAI V. M/S MARIE GOLD REALTORS PVT LTD., MUMBAI

ITA 6251/MUM/2019

• Counselvise Citation: [2021] 107 COUNSELVISE.COM (IT) 4038 (ITAT-MUMBAI)
• Duration Of Justice: 1 year(s) 11 month(s) 10 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 13-09-2021
• Appeal Filed By: Department
• Order Result: Dismissed
• Bench Allotted: D
• Assessment Year: 2013-2014
• Appeal Filed On: 03-10-2019
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Department Lawyers: LEENA SRIVASTAVA
• Assessee Lawyers: DR K SHIVARAMA
• Keywords: Revision of order; Set aside
• Section: 143(3); 263

Judgement Text

INTHEINCOMETAX APPELLATETRIBUNAL MUMBAI BENCHDMUMBAI BEFORE SHRI MAHAVIRSINGH (VICEPRESIDENT)AND SHRI S. RIFAURRAHMAN(ACCOUNTANT MEMBER) ITANO.6251/MUM/2019 ASSESSMENT YEAR:2013-14 & ITANO.6252/MUM/2019 ASSESSMENT YEAR:2015-16 DCIT, CC-8(1), ROOMNO. 656, 6 TH FLOOR, AAYAKAR BHAVAN, M.K. ROAD, MUMBAI - 400020. VS. M/SMARIEGOLD REALTORSPVT. LTD., 21 ST FLOOR, NIRMAL BUILDING, NARIMAN POINT, MUMBA - 400021. PANNO.AAECM7896 B APPELLANT RESPONDENT REVENUE BY : MS. LEENASRIVASTAVA, CIT - DR ASSESSEEBY : DR. K. SHIVARAMA, AR DATE OF HEARING : 15/07/2021 DATE OF PRONOUNCEMENT : 13/09/2021 ORDER PER S. RIFAURRAHMAN,A.M. THE CAPTIONED APPEALS FILED BY THE REVENUE ARE DIRECTED AGAINST THE RESPECTIVE ORDERS PASSED BY THE CIT(A)-50, MUMBAI DATED 24.07.2019 FOR AYS 2013-14 & 2015-16. AS THE ISSUE INVOLVED IN THE CAPTIONED APPEALS ARE INEXTRICABLY INTERLINKED OR IN FACT INTERWOVEN AND HAVING COMMON ISSUE, THE SAME ARE THEREFORE BEING TAKEN UP AND DISPOSED OFF BY WAY OF A CONSOLIDATED ORDER.FACTSBEINGIDENTICAL WE BEGIN WITH THE AY 2013-14. ITANO. 6251/MUM/2019 M/SMARIEGOLDREALTORS PVT. LTD. ITA NO.S 6251 &6252/M/2019 2 ASSESSMENT YEAR:2013-14 2. AT THE OUTSET, IT IS BROUGHT TO OUR NOTICE THAT THE REVENUE HAS FILED THIS APPEAL AGAINST THE ORDER PASSED BY THE LD. CIT(A)-50, MUMBAI. BEING AGGRIEVED WITH THE FACT THAT THE LD. CIT(A) HAS ALLOWED THE APPEAL OF THE ASSESSEE RELYING ON THE ORDER OF THE ITAT IN WHICH THE ORDER PASSED U/S 263 OF THE ACT WAS QUASHED. 3. THE LD. CIT(A) OBSERVED THAT AS A RESULT, THE ORDER PASSED BY THE PR. CIT- 4, MUMBAI U/S 263 OF THE ACT NO LONGER SURVIVES. HENCE, THE ASSESSMENT ORDER PASSED BY THE AO IN PURSUANCE TO THE ORDER PASSED U/S 143(3) R.W.S. 263 ALSO DOESNOT SURVIVE. 4. CONSIDERINGTHEABOVEFACTONRECORD,WEDONOTSEEANYREASONTOINTERFERE WITH THE ABOVE FINDINGS OF THE LD. CIT(A). WHEN THE ORDER PASSED U/S263 IS SET ASIDE THE ORDER BY THE AO IN PURSUANCE TO THE ORDER PASSED U/S 263 WILL NOT SURVIVE. BASEDONTHEABOVEFACTS,WEAREINCLINEDTODISMISSTHEAPPEALFILEDBYTHE REVENUE. 5. FACTS BEING IDENTICAL, OUR DECISION FOR THE AY 2013-14 APPLIES MUTATIS MUTANDIS TO AY2015-16. 6. IN THE RESULT,THE APPEALSFILEDBYTHE REVENUE ARE DISMISSED. ORDER PRONOUNCEDINTHEOPENCOURTON 13/09/2021. SD/- SD/- ( MAHAVIRSINGH ) ( S. RIFAURRAHMAN ) VICEPRESIDENT ACCOUNTANTMEMBER M/SMARIEGOLDREALTORS PVT. LTD. ITA NO.S 6251 &6252/M/2019 3 MUMBAI; DATED:13/09/2021. RAHUL SHARMA,SR. P.S. COPYOFTHEORDER FORWARDED TO : 1. THE APPELLANT 2. THE RESPONDENT. 3. THE CIT(A) - 4. CIT 5. DR, ITAT,MUMBAI 6. GUARDFILE. BY ORDER, //TRUE COPY// (DY./ASSISTANTREGISTRAR) ITAT,MUMBAI