ACIT OSD CR 7, MUMBAI V. RAMGOPAL GANPATRAI & SONS P.LTD, MUMBAI

ITA 7811/MUM/2012

• Counselvise Citation: [2013] 120 COUNSELVISE.COM (IT) 3830 (ITAT-MUMBAI)
• Duration Of Justice: 3 month(s) 10 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 10-04-2013
• Appeal Filed By: Department
• Order Result: Dismissed
• Bench Allotted: SMC
• Assessment Year: 2004-2005
• Appeal Filed On: 31-12-2012
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Department Lawyers: PRAMOD RASAM SINGH
• Assessee Lawyers: JYOTHILAKSHMI NAYAK
• Keywords: Tax effect

Judgement Text

. , IN THE INCOME TAX APPELLATE TRIBUNAL SMC , BENCH MUMBAI , BEFORE SHRI R. K. GUPTA, JM ITA NO. 7811/ MUM/20 12 ( ASSESSMENT YEAR :200 4 - 20 05 ) DCIT , CENTRAL CIRCLE - 31, MUMBAI - 400 020 VS. M/S RAMGOPAL GANPATRAI & SONS PVT. LTD., PLOT NO.7, CHANDIVALI FARMS ROAD, CHANDIVALI, MUMBAI - 400 072 PAN NO. : AAAC R 7642 G ( APPELLANT ) .. ( RESPONDENT ) AND ITA NO. 7813 / MUM/20 12 ( ASSESSMENT YEAR :2004 - 2005 ) DCIT, CENTRAL CIRCLE - 31, MUMBAI - 400 020 VS. M/S RAM RIKHDAS BALKISON & SONS PVT. LTD., PLOT NO.7, CHANDIVALI FARMS ROAD, CHANDIVALI, MUMBAI - 400 072 PA N NO : AA E C R 3690 L ( APPELLANT ) .. ( RESPONDENT ) /ASSESSEE BY : SMT. JYOTHILAKSHMI NAYAK /REVENUE BY : MR. PRAMOD RASAM SINGH DATE OF HEARING : 1 ST APRIL , 2013 DATE OF PRONOUNCEMENT : 10 TH APRIL, 2013 O R D E R : PER SHRI R.K.GUPTA : TH ESE TWO APPEALS HAVE BEEN PREFERRED BY THE DEPARTMENT RELATING TO TWO DIFFERENT ASSESSEES AGAINST THE ORDER DATED 25 - 10 - 2012 OF LEANED C IT(A) - 40 , MUMBAI RELATING TO THE ASSESSMENT YEAR 2004 - 0 5 . ITA NO S . 7811&7813 /20 1 2 2 2. IN BOTH THE APPEALS, THE TAX EFFECT IS LESS THAN RS.3,00,000/ - , THEREFORE, THE APPEALS OF THE DEPARTMENT ARE NOT MAINTAINABLE IN VIEW OF THE PROVISIONS UNDER SECTION 268A(1) OF THE ACT. ACCORD INGLY, I DISMISS THE BOTH THE APPEALS OF THE DEPARTMENT IN LIMINE. 3 . IN THE RESULT, BOTH THE APPEAL S OF THE DEPARTMENT ARE DISMISSED. ORDER PRONOUNCED IN THE OPEN COURT ON THIS 10TH DAY OF A PR . 201 3 . 201 3 SD/ - ( ) ( R.K.GUPTA ) / JUDICIAL MEMBER MUMBAI ; DATED : 1 0 /04/2013 /PKM , PS COPY OF THE ORDER FORWARDED TO : 1. / THE APPELLANT 2. / THE RESPONDENT. 3 . / THE CIT(A) , MUMBAI. 4. / CIT 5. / DR, ITAT, MUMBAI 6. GUARD FILE. //TRUE COPY// / BY ORDER, ( ASSTT. REGISTRAR) / ITAT, MUMBAI