DCIT CC 39, MUMBAI V. J.M. BAXI & CO., MUMBAI

ITA 8190/MUM/2011

• Counselvise Citation: [2012] 119 COUNSELVISE.COM (IT) 9506 (ITAT-MUMBAI)
• Duration Of Justice: 11 month(s) 20 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 27-11-2012
• Appeal Filed By: Department
• Order Result: Dismissed
• Bench Allotted: J
• Assessment Year: 2004-2005
• Appeal Filed On: 07-12-2011
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Assessee Lawyers: Y P TRIVEDI

Judgement Text

, , , , , IN THE INCOME TAX APPELLATE TRIBUNAL MUMBAI BENCHES J, MUMBAI .. , ! ' #$ %& , ' ' , ( BEFORE SHRI R.S.SYAL, AM AND SHRI AMIT SHUKLA, JM ./ ITA NOS.8190, 8191 & 8192/MUM/2011 ( '* + '* + '* + '* + / / / / ASST YEARS : 2004-2005, 2005-2006 & 2006-2007) THE DY.COMMISSIONER OF INCOME-TAX CENTRAL CIRCLE 39 MUMBAI. M/S.J.M.MAXI & CO., 16 BANK STREET, FORT MUMBAI 400 001. PAN : AAAFJ5198E. ( ,- / // / APPELLANT) * * * * / VS. ( ./,-/ RESPONDENT) ,- 0 00 0 1 1 1 1 / APPELLANT BY : SHRI MOHIT JAIN ./,- 0 1 0 1 0 1 0 1 / RESPONDENT BY : SHRI Y.P.TRIVEDI & MS.USHA DALAL * 0 $! / / / / DATE OF HEARING : 20.11.2012 23+ 0 $! / DATE OF PRONOUNCEMENT : 27.11.2012 '% '% '% '% / / / / O R D E R PER R.S.SYAL, AM : THESE THREE APPEALS BY THE REVENUE RELATE TO ASSESS MENT YEARS 2004-2005, 2005-2006 AND 2006-2007. SINCE COMMON GR OUNDS HAVE BEEN RAISED IN THESE APPEALS, WE ARE, THEREFORE, PR OCEEDING TO DISPOSE THEM OFF BY THIS CONSOLIDATED ORDER FOR THE SAKE OF CONVENIENCE. 2. IN ALL THE APPEALS THE REVENUE IS AGGRIEVED AGAI NST THE DIRECTION OF THE LEARNED CIT(A) TO REDUCE THE DISALLOWANCE OF ILLEGAL EXPENSES TO ONLY 25% OF THE TOTAL AMOUNT, RELYING UPON THE O RDER PASSED BY THE TRIBUNAL IN ASSESSEES OWN CASE FOR ASSESSMENT YEAR 2008-2009. 3. WE HAVE HEARD THE RIVAL SUBMISSIONS AND PERUSED T HE RELEVANT MATERIAL ON RECORD. IT IS OBSERVED FROM THE IMPUGNE D ORDER THAT THE ITA NOS.8190, 8191 & 8192/MUM/2011 M/S.J.M.BAXI & CO.. 2 LEARNED CIT(A) DIRECTED TO RESTRICT THE DISALLOWANC E AT 25% OF THE TOTAL EXPENSES BY RELYING ON THE TRIBUNAL ORDER PAS SED IN ASSESSEES OWN CASE FOR ASSESSMENT YEAR 2008-2009, A COPY OF W HICH IS AVAILABLE ON PAGE 1 ONWARDS OF THE PAPER BOOK. IN S UCH ORDER THE TRIBUNAL HAS FOLLOWED ITS ANOTHER ORDER PASSED IN T HE ASSESSEES OWN CASE FOR ASSESSMENT YEARS 1998-99, 2002-2003 AND 20 03-2004. THE LEARNED DEPARTMENTAL REPRESENTATIVE COULD NOT PLACE ON RECORD ANY MATERIAL TO INDICATE THAT THE SAID ORDERS OF THE TR IBUNAL HAVE EITHER BEEN REVERSED OR MODIFIED IN ANY MANNER BY THE HON BLE HIGH COURT. RESPECTFULLY FOLLOWING THE PRECEDENTS, WE UPHOLD TH E IMPUGNED ORDERS FOR ALL THE YEARS UNDER CONSIDERATION. 4. IN THE RESULT, ALL THE APPEALS ARE DISMISSED. ORDER PRONOUNCED ON THIS 27 TH DAY OF NOVEMBER, 2012. '% 0 23+ 4'*5 3 0 6 SD/- SD/- (AMIT SHUKLA) (R.S.SYAL) ' ' ' ' ' ' ' ' / JUDICIAL MEMBER ! ' ! ' ! ' ! ' / ACCOUNTANT MEMBER MUMBAI ; 4'* DATED : 27 TH NOVEMBER, 2012. DEVDAS* '% 0 .'$#7 87+$ '% 0 .'$#7 87+$ '% 0 .'$#7 87+$ '% 0 .'$#7 87+$/ COPY OF THE ORDER FORWARDED TO : 1. ,- / THE APPELLANT 2. ./,- / THE RESPONDENT. 3. 9 () / THE CIT(A)-36, MUMBAI. 4. 9 / CIT 5. 7<6 .'$'* , , / DR, ITAT, MUMBAI 6. 6= > / GUARD FILE. '%* '%* '%* '%* / BY ORDER, /7$ .'$ //TRUE COPY// ? ? ? ?/ // /@ @ @ @ ( DY./ASSTT. REGISTRAR) , , , , / ITAT, MUMBAI