Addl. CIT, New Delhi V. M/s. Agriculture Insurance Company of India Pvt. Ltd., New Delhi

ITA 6647/DEL/2016

• Counselvise Citation: [2022] 105 COUNSELVISE.COM (IT) 5217 (ITAT-DELHI)
• Duration Of Justice: 5 year(s) 3 month(s) 7 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 04-04-2022
• Appeal Filed By: Department
• Order Result: Dismissed
• Bench Allotted: A
• Assessment Year: 2008-2009
• Appeal Filed On: 27-12-2016
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Assessee Lawyers: SUMAN MALIK
• Section: 13

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL DELHI BENCH “A” DELHI BEFORE SHRI SAKTIJIT DEY, JUDICIAL MEMBER & SHRI PRADIP KUMAR KEDIA, ACCOUNTANT MEMBER I.T.A. No.6647/DEL/2016 Assessment Year 2008-09 Addl. Commissioner of Income Tax, Spl. Range-I, New Delhi. v. M/s. Agriculture Insurance Company of India Pvt. Ltd., 13 th Floor, Ambadeep Building, 14 KG Marg, New Delhi. TAN/PAN: AAECA2874P (Appellant) (Respondent) Appellant by: Shri Akash Singhal, CA Respondent by: Mrs. Suman Malik, Sr.D.R. Date of hearing: 31 03 2022 Date of pronouncement: 05 04 2022 O R D E R PER PRADIP KUMAR KEDIA, A.M.: The ca pt io ne d a pp eal ha s bee n f il ed b y th e Re ven ue a gai ns t the o rde r of th e Co mmi s si on er of I nco me T ax (A pp e als )- I, Ne w Del hi [ ‘CI T( A) ’ i n s ho rt] , dat ed 0 6.1 0. 20 16 ar is in g f ro m th e ass es s men t ord er d ate d 28. 12 .2 01 5 pa sse d b y th e As ses s ing Of f ice r (A O) un de r Se cti on 14 3( 3) r. w. S ec ti o n 1 47 of t he Inc o me T ax A ct, 19 61 (t he A ct) c on c ern in g AY 2 00 8- 09 . 2. As p er i ts g ro un ds of appea l, t he Rev enu e ha s chal le ng e d the rev er sa l of addi ti on of Rs.9, 01 ,8 3, 00 0/ - b y th e CI T( A) o n acc ou nt of inc o me ea rne d f r o m in ve st me nt i n c or p us f u nd . 3. W h en th e mat te r w as cal le d f or h ear in g, th e l d. co un se l f or th e ass es se e p oin te d out th at i de nt ic al iss ue wa s su bj ec t ma tt er of I.T.A. No.6647/Del/2016 2 cha ll en ge i n a ss es s ee’ s o wn c as e i n I TA No. 12 79 /D el/2 0 16 r el eva nt to A ss es s men t Y e ar 2 01 2- 13 whe re in t he a ct io n of the Fir st Ap pel la te Au th or it y t ow ar ds re ver sa l of su ch ad di tio n w as en dor se d b y th e Co -o rd in ate Be nch . 4. Ld. DR f o r th e R e ven ue di d no t of f er an y c o mme n t bu t rel ie d up on th e as se ss me n t o rd er . 5. In th e wa ke of t he f act tha t is su e ha s bee n al rea d y a dj ud i cat ed in f av ou r of th e as ses se e i n su bs eq ue nt A ss es s men t Y ea r 20 12 -1 3, the re i s n o oc ca si o n f or us to d el ve i n to i ss ue af res h. C o nse qu en tl y, we de cl in e t o in te rf ere w it h t he o rd er o f the C IT (A). 6. In th e res ul t, t he ap pea l of th e Re ve nu e is d is mi ss ed . Order pronounced in the open Court on 05/04/2022. Sd/- Sd/- [SAKTIJIT DEY] [PRADIP KUMAR KEDIA] JUDICIAL MEMBER ACCOUNTANT MEMBER DATED: 05/04/2022 Prabhat