Maan Pharmaceuticals Ltd., Ahmedabad V. The Asstt. Commissioner of Income Tax, Circel-2(1)(2), Ahmedabad

ITA 682/AHD/2017

• Counselvise Citation: [2018] 126 COUNSELVISE.COM (IT) 5812 (ITAT-AHMEDABAD)
• Duration Of Justice: 1 year(s) 5 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 22-03-2018
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: A
• Assessment Year: 2004-2005
• Appeal Filed On: 17-03-2017
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Section: 143(3); 28

Judgement Text

ITA NO. 682/AHD/2017 MAAN PHARMACEUTICALS LTD VS. ACIT ASSESSMENT YEAR: 2004-05 PAGE 1 OF 2 IN THE INCOME TAX APPELLATE TRIBUNAL AHMEDABAD A BENCH, AHMEDABAD [CORAM: PRAMOD KUMAR AM AND RAJPAL YADAV JM] ITA NO. 682/AHD/2017 ASSESSMENT YEAR: 2004-05 MAAN PHARMACEUTICALS LTD .................. APPELLANT 506, SAMEDH, NR. ASSOCIATED PETROL PUMP, CG ROAD, AHMEDABAD [PAN : AAACM 9899 E] VS. ASSTT. COMMISSIONER OF INCOME-TAX ...........................RESPONDENT CIRCLE-2(1)(2), AHMEDABAD APPEARANCES BY: NONE FOR THE APPELLANT SAURABH SINGH FOR THE RESPONDENT DATE OF CONCLUDING THE HEARING : 15.03.2018 DATE OF PRONOUNCING THE ORDER : 22.03.2018 O R D E R PER BENCH : 1. BY WAY OF THIS APPEAL, THE ASSESSEE-APPELLANT HA S CHALLENGED CORRECTNESS OF THE ORDER DATED 23 RD JANUARY, 2017 PASSED BY THE BY THE CIT(A)-2, AHMED ABAD, IN THE MATTER OF ASSESSMENT UNDER SECTION 143(3) R.W.S . 254 OF THE INCOME-TAX ACT, 1961, FOR THE ASSESSMENT YEAR 2004-05. 2. THE SOLITARY GRIEVANCE OF THE ASSESSEE IS THAT T HE LEARNED CIT(A) HAS ERRED IN CONFIRMING THE ADDITION OF RS.1,48,355/-, WHICH WAS ADDED BY THE ASSESSING OFFICER WITH THE AID OF SECTION 36(1)(VA) OF THE INCOME-TAX ACT, 1961, FOR THE LATE PAYMENT OF EMPLOYEES CONTRIBUTION TO PF/ESI. 3. AT THE TIME OF HEARING, NONE APPEARED ON BEHALF OF THE ASSESSEE; HOWEVER, WE FIND THAT ISSUE IN QUESTION IS SQUARELY COVERED AGAINST THE ASSESSEE BY HONBLE JURISDICTIONAL HIGH COURTS JUDGMENT IN THE CASE OF CIT VS. GUJARAT STATE ROAD TRANSPORT CORPORATION, 366 ITR 170 (GUJ.), WHEREIN IT IS CATEGORICALLY HELD THAT IN THE CASE OF DELAYED DEPOSIT OF EMPLOYEES CONTRIBUTION T O PF, THE SAME WILL NOT BE DEDUCTABLE IN COMPUTING INCOME UNDER SECTION 28 OF THE ACT. THE LAW SO LAID DOWN BY THE HONBLE JURISDICTIONAL HIGH COURT IS BINDING ON US. THE MERE FACT THAT AN APPEAL AGAINST THE SAID DECISION IS PENDING BEFORE THE HONBLE SUPREME COURT DOES NOT DILUTE BINDING NATURE OF THIS JUDICIAL PRECEDEN T. AS REGARD DISMISSAL OF SLP IN THE CASE OF RAJASTHAN STATE BEVERAGES CORPORATION LTD ( SUPRA), IT IS ONLY ELEMENTARY THAT WHEN A SLP IS DISMISSED BY A NON-SPEAKING ORDE R, IT DOES NOT CONSTITUTE A LAW DECLARED BY HONBLE SUPREME COURT, AND AS SUCH, IT IS NOT BINDING UNDER ARTICLE 141 ITA NO. 682/AHD/2017 MAAN PHARMACEUTICALS LTD VS. ACIT ASSESSMENT YEAR: 2004-05 PAGE 2 OF 2 OF THE CONSTITUTION OF INDIA. THE AUTHORITY, FOR T HIS PROPOSITION, IS CONTAINED IN A SERIES OF JUDGMENTS OF HONBLE SUPREME COURT, INCLU DING, INTER ALIA, IN THE CASES OF STATE OF MANIPUR VS. THINGUJAMBROJENMEETAI, (1996) 9 SCC 29; OM PRAKASH GARGI V. STATE OF PUNJAB, (1996) 11 SCC 399 AND SUN EXPOR T CORPN V. COLLECTOR OF CUSTOMS, AIR 1997 SC 2658. AS REGARDS THE DECISIO NS OF HONBLE NON-JURISDICTIONAL HIGH COURT AND OF CO-ORDINATE BENCHES RELIED ON BY THE ASSESSEE, THESE DECISIONS CANNOT HAVE ANY PRECEDENT OVER THE VIEWS EXPRESSED BY THE HONBLE JURISDICTIONAL HIGH COURT, WHICH ARE AGAINST THE ASSESSEE. WE, TH EREFORE, SEE NO LEGALLY SUSTAINABLE MERIT IN THE CASE OF THE ASSESSEE AND, RESPECTFULLY FOLLOWING THE JUDGMENT OF HONBLE JURISDICTIONAL HIGH COURT IN TH E CASE OF GUJARAT STATE ROAD TRANSPORT CORPORATION (SUPRA), DISMISS THE GRIEVANC E OF THE ASSESSEE. 4. IN THE RESULT, APPEAL OF THE ASSESSEE IS DISMISS ED. PRONOUNCED IN THE OPEN COURT TODAY ON THE 22 ND MARCH, 2018 SD/- SD/- RAJPAL YADAV PRAMOD KUMAR (JUDICIAL MEMBER) (ACCOUNTANT MEMBER) AHMEDABAD, THE 22 ND DAY OF MARCH, 2018 **BT COPIES TO: (1) THE APPELLANT (2) THE RESPONDENT (3) COMMISSIONER (4) CIT(A) (5) DEPARTMENTAL REPRESENTATIVE (6) GUARD FILE BY ORDER TRUE COPY ASSISTANT REGISTRAR INCOME TAX APPELLATE TRIBUNAL AHMEDABAD BENCHES, AHMEDABAD 1. DATE OF DICTATION: ....21.03.2018...........COV ERED MATTER...... 2. DATE ON WHICH THE TYPED DRAFT IS PLACED BEFORE T HE DICTATING MEMBER: ....21.03.2018............. 3. DATE ON WHICH THE APPROVED DRAFT COMES TO THE SR . P.S./P.S.: 21.03.2018....... . 4. DATE ON WHICH THE FAIR ORDER IS PLACED BEFORE TH E DICTATING MEMBER FOR PRONOUNCEMENT: ....22.03.2018... 5. DATE ON WHICH THE FILE GOES TO THE BENCH CLERK : ..22.03.2018. 6. DATE ON WHICH THE FILE GOES TO THE HEAD CLERK : . 7. THE DATE ON WHICH THE FILE GOES TO THE ASSISTANT RE GISTRAR FOR SIGNATURE ON THE ORDER : 8. DATE OF DESPATCH OF THE ORDER: ......