Rajya Krishi Utpadan Mandi Paarishad, Lucknow V. Income TAx Officer-1(3), Lucknow

ITA 718/LKW/2011

• Counselvise Citation: [2014] 120 COUNSELVISE.COM (IT) 5675 (ITAT-LUCKNOW)
• Duration Of Justice: 2 year(s) 2 month(s) 23 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 28-02-2014
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: B
• Next Hearing Date: 30-01-2014
• Assessment Year: 2008-2009
• Appeal Filed On: 05-12-2011
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: VIVEK MISHRA
• Assessee Lawyers: P K KAPOOR

Judgement Text

1 IN THE INCOME TAX APPELLATE TRIBUNAL LUCKNOW BENCH B, LUCKNOW BEFORE SHRI SUNIL KUMAR YADAV, JUDICIAL MEMBER AND SHRI A.K. GARODIA, ACCOUNTANT MEMBER ITA NO.718/LKW/11 ASSESSMENT YEAR:2008 - 09 RAJYA KRISHI UTPADAN MANDI PARISHAD, KISAN MANDI BHAWAN, VIBHUTI KHAND, GOMTI NAGAR, LUCKNOW. PAN:AAALR0128E VS. INCOME TAX OFFICER - 1(3), LUCKNOW. (APPELLANT) (RESPONDENT) APPELLANT BY SHRI P. K. KAPOOR, C.A. RESPONDENT BY SHRI VIVEK MISHRA, CIT, D.R. DATE OF HEARING 3 0/01/2014 DATE OF PRONOUNCEMENT 2 8 /02/2014 O R D E R PER A. K. GARODIA, A.M. THIS IS ASSESSEES APPEAL DIRECTED AGAINST THE ORDER OF LEARNED CIT(A) - I, LUCKNOW DATED 26/09/2011 FOR ASSESSMENT YEAR 2008 - 09. 2. VARIOUS GROUNDS ARE RAISED BY THE ASSESSEE BUT DURING THE COURSE OF HEARING , IT WAS SUBMITTED THAT AS PER THE APPEAL EFFECT ORDER PASSED BY THE ASSESSING OFFICER ON 05/11/2011, THE NET INCOME OF THE ASSESSEE HAS BEEN ASSESSED AT NIL AND THEREFORE, AFTER PASSING OF THIS APPEAL EFFECT ORDER, THE GRIEVANC E RAISED BY THE ASSESSEE IN THIS APPEAL HAVE BECOME OF ACADEMIC INTEREST ONLY. 2 3. IN OUR CONSIDERED OPINION, NO INTERFERENCE IS CALLED FOR IN THE ORDER OF LEARNED CIT (A) BECAUSE THE GROUNDS RAISED BY THE ASSESSEE HAVE BECOME OF ACADEMIC INTEREST ONLY. 4 . IN THE RESULT, THE APPEAL OF THE ASSESSEE STANDS DISMISSED. (ORDER WAS PRONOUNCED IN THE OPEN COURT ON THE DATE MENTIONED ON THE CAPTION PAGE) SD/. SD/. (SUNIL KUMAR YADAV) ( A. K. GARODIA ) JUDI CIAL MEMBER ACCOUNTANT MEMBER DATED: 2 8 / 02 /2014. *C.L.SINGH COPY OF THE ORDER FORWARDED TO : 1. THE APPELLANT 2. THE RESPONDENT. 3. CONCERNED CIT 4. THE CIT(A) 5. D.R., I.T.A.T., LUCKNOW ASSTT. REGISTRAR