RICHTER THEMIS MEDICARE (INDIA) P. LTD, MUMBAI V. ITO DCIT 9(3), MUMBAI

ITA 7763/MUM/2012

• Counselvise Citation: [2015] 140 COUNSELVISE.COM (IT) 100506 (ITAT-MUMBAI)
• Duration Of Justice: 2 year(s) 7 month(s) 6 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 03-08-2015
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: D
• Next Hearing Date: 10-02-2015
• Assessment Year: 2008-2009
• Appeal Filed On: 28-12-2012
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: A K SRIVASTAVA
• Assessee Lawyers: AJIT SHETTY
• Keywords: Tax effect
• Section: 14A; 115JB

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL ' D ' BENCH, MUMBAI BEFORE SHRI D. MANMOHAN, VICE PRESIDENT AND SHRI SANJAY ARORA , ACCOUNTANT MEMBER ITA NO. 7763/MUM/2012 (ASSESSMENT YEAR: 2008 - 09 ) M/S. RICHTER THEMIS MEDICARE VS. D C I T - 9(3) (INDIA) PVT. LTD. 11/12, UDYOG NAGAR, S.V. ROAD GOREGAON (W), MUMBAI 400014 AYAKAR BHAVAN, M.K. ROAD MUMBAI 400020 PAN - AACCR8735L APPELLANT RESPONDENT APPELLANT BY: SHRI AJIT SHETTY RESPONDENT BY: SHRI A.K. SRIVASTAVA DATE OF HEARING: 03.08. 2015 DATE OF PRONOUNCEMENT: 03.08.2015 O R D E R PER D. MANMOHAN, V.P. THIS APPEAL BY THE ASSESSEE - COMPANY IS DIRECTED AGAINST THE ORDER PASSED BY DRP - II, MUMBAI. 2. AT THE TIME OF HEARING THE LEARNED COUNSEL FOR THE ASSESSEE SUBMITTED THAT THE ISSUE IN APPEAL IS REGARDING DISALLOWANCE COMPUTED UNDER SECTION 14A AND CORRESPONDING ADDITION MADE UNDER SECTION 115JB OF THE ACT AND THE TAX EFFECT INVOLVED THEREIN IS NEGLIG IBLE; THEREFORE THE COMPANY SEEKS PERMISSION TO WITHDRAW THE APPEAL. 3. THE LEARNED CIT(A) HAS NO OBJECTION IN THIS REGARD. 4. UNDER THESE CIRCUMSTANCES WE DISMISS THE APPEAL AS WITHDRAWN. ORDER PRONOUNCED IN THE OPEN COURT ON 3RD AUGUST, 2015. SD/ - SD/ - ( SANJAY AROR A ) (D. MANMOHAN) ACCOUNTANT MEMBER VICE PRESIDENT MUMBAI, DATED: 3 RD AUGUST, 2015 ITA NO. 7763/MUM/2012 M/S. RICHTER THEMIS MEDICARE (INDIA) PVT. LTD. 2 COPY TO: 1. THE APPELLANT 2. THE RESPONDENT 3. DRP - II , MUMBAI 4. THE CIT 9 , MUMBAI CITY 5. THE DR, D BENCH, ITAT, MUMBAI BY ORDER //TRUE COPY// ASSISTANT REGISTRAR ITAT, MUMBAI BENCHES, MUMBAI N.P.