LORDS CHLORO ALKALI LIMITED, Jaipur V. ACIT, Alwar

ITA 730/JPR/2013

• Counselvise Citation: [2016] 133 COUNSELVISE.COM (IT) 5611 (ITAT-JAIPUR)
• Duration Of Justice: 2 year(s) 3 month(s) 25 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 06-01-2016
• Appeal Filed By: Assessee
• Order Result: Allowed
• Bench Allotted: A
• Assessment Year: 2009-2010
• Appeal Filed On: 11-09-2013
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Department Lawyers: RAJ MEHRA JCIT DHK

Judgement Text

ITA NO. 730/JP/13 M/ LORDSCHLORO ALKALI LTD ,VS. ACIT, CIRCLE-1, ALWA R 1 VK;DJ VIHYH; VF/KDJ.K] T;IQJ U;K;IHB] T;IQJ IN THE INCOME TAX APPELLATE TRIBUNAL, JAIPUR BENCHES, JAIPUR JH VKJ-IH-RKSYKUH] U;KF;D LNL; ,OA JH FOE FLAG ;KN O] YS[KK LNL; DS LE{K BEFORE: SHRI R.P. TOLANI, JM & SHRI VIKRAM SINGH YA DAV, AM VK;DJ VIHY LA-@ ITA NO. 730/JP/13 FU/KZKJ.K O'K Z@ ASSESSMENT YEAR : 2009-10. VKNS'K@ ORDER FU/KZKFJRH DH VKSJ LS@ ASSESSEE BY : SHRI P.C. PARWAL JKTLO DH VKSJ LS@ REVENUE BY : SHRI RAJ MEHRA (JCIT) LQUOKBZ DH RKJH[K@ DATE OF HEARING : 03.12.2015 ?KKS'K .KK DH RKJH[K@ DATE OF PRONOUNCEMENT : 06/01/2016. VKNS'K@ ORDER PER SHRI VIKRAM SINGH YADAV, AM THIS APPEAL IS FILED BY THE ASSESSEE AGAINST THE OR DER OF CIT(A), ALWAR DATED 8.8.2013 WHEREIN THE ASSESSEE HAS TAKEN THE FOLLOWING GROUNDS OF APPEAL: THE LD. CIT(A) HAS ERRED ON THE FACTS AND IN LAW I N CONFIRMING THE DISALLOWANCES OF RS. 9,00,000/- OUT OF PROFESSIONAL FEES PAID TO M/S DHIR & DHIR ASSOCIATES U/S 40A(2)(B). HE HAS FURTH ER ERRED IN CONFIRMING THE DISALLOWANCE BY NOT FOLLOWING THE OR DER OF HONBLE ITAT DATED 25.05.2012 IN ASSESSEE OWN CASE FOR A.Y. 2007-08. M/S LORDS CHLORO ALKALI LTD. SPA 460, MATSA INDUSTRIAL AREA, ALWAR CUKE VS. ACIT, CIRCLE - 1, ALWAR LFKK;H YS[KK LA-@THVKBZVKJ LA-@ PAN NO. AABCM 3981 C ITA NO. 730/JP/13 M/ LORDSCHLORO ALKALI LTD ,VS. ACIT, CIRCLE-1, ALWA R 2 2. AT THE OUTSET, THE ASSESSEE SUBMITTED THAT THE I SSUE STAND COVERED IN FAVOUR OF THE ASSESSEE BY THE DECISION OF COORDINATE BENCH DATED 25.05.20-12 IN ITA NO. 933 & 950/JP/11 FOR A .Y. 2007-08 AND DECISION OF THE HONBLE BENCH VIDE ITS ORDER DATED 21.10.2015 IN ITA NO. 56/JP/14 FOR A.Y. 2008-09. 3. THE LD. DR RELIED ON THE ORDER OF THE LOWER AUTH ORITIES. 4. WE HAVE ALREADY TAKEN A VIEW IN CASE OF THE ASES SEE FOR A.Y. 2007- 08 WHEREIN SIMILAR DISALLOWANCE OF PAYMENT TO M/S DHIR & DHIR ASSOCIATES U/S 40A(2)(B) HAS BEEN DELETED. HENCE FOLLOWING OU R SIMILAR ORDER FOR A.Y. 2008-09, THE GROUND TAKEN BY THE ASSESSEE IS ALLOWE D. IN THE RESULT THE APPEAL OF ASSESSEE IS ALLOWED ORDER PRONOUNCED IN THE OPEN COURT ON 06 /01/2 016 SD/- SD/- (R.P. TOLANI) (VIKRAM SINGH YADAV) JUDICIAL MEMBER ACCOUNTANT MEMBER JAIPUR DATED : 06 /01/2016 PILLAI COPY OF THE ORDER FORWARDED TO:- THE APPELLANT, M/S LORDS CHLORO ALKALI LTD.,ALWAR 2.THE RESPONDENT, DCIT, CIRCLE-1, ALWAR ITA NO. 730/JP/13 M/ LORDSCHLORO ALKALI LTD ,VS. ACIT, CIRCLE-1, ALWA R 3 3,THE CIT, ALWAR 4.THE CIT(A),ALWAR 5.THE DEPARTMENTAL REPRESENTATIVE, ITAT, JAIPUR 6 GUARD FILE (ITA NO. 730/JP/13) BY ORDER ASSISTANT REGISTRAR.