DEPUTY COMMISSIONER OF INCOME TAX (EXEMPTION),CIRCLE-1, CHANDIGARH V. M/S PUNJAB INSTITUTE OF MEDICAL SCIENCES, JALANDHAR

ITA 838/CHANDI/2018

• Counselvise Citation: [2018] 118 COUNSELVISE.COM (IT) 9065 (ITAT-CHANDIGARH)
• Duration Of Justice: 6 month(s) 8 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 13-12-2018
• Appeal Filed By: Department
• Order Result: Dismissed
• Bench Allotted: B
• Next Hearing Date: 01-11-2018
• Assessment Year: 2015-2016
• Appeal Filed On: 04-06-2018
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Department Lawyers: G.S. PHANI KISHORE

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL DIVISION BENCH B, CHANDIGARH BEFORE SHRI SANJAY GARG, JUDICIAL MEMBER AND DR. B.R.R. KUMAR, ACCOUNTANT MEMBER ITA NO.838/CHD/2018 ASSESSMENT YEAR: 2015-16 THE DCIT VS. M/S PUNJAB INSTITUTE OF MEDICAL. CIRCLE-1(EXEMPTIONS) SCIENCES, GARHA ROAD CHANDIGARH JALANDHAR PAN NO. AAABP0193P (APPELLANT) (RESPONDENT) ASSESSEE BY : SH. VIPUL ARORA REVENUE BY : SH. G.S. PHANI KISHORE DATE OF HEARING : 01/11/2018 DATE OF PRONOUNCEMENT : 13/12/2018 ORDER PER SANJAY GARG, JUDICIAL MEMBER: THE PRESENT APPEAL HAS BEEN PREFERRED BY THE REVENU E AGITATING THE ACTION OF THE COMMISSIONER OF INCOME TAX(A)-2 (HERE INAFTER REFERRED TO AS CIT(A)) DT. 29/03/2018 IN STAYING THE IMPUGNED DE MAND OF TAX DURING THE PENDENCY OF THE APPEAL. 2. BOTH THE LD. REPRESENTATIVES OF THE PARTIES HAVE SUBMITTED THAT THE APPEAL ON MERITS HAS BEEN FINALLY DECIDED BY THE LD . CIT(A) VIDE HIS ORDER DT. 07/09/2018, THEREFORE THE INTERIM ORDER IF ANY STAY ING THE DEMAND DURING THE PENDENCY OF THE APPEAL HAS FINALLY MERGED WITH THE FINAL ORDER OF THE LD. CIT(A) DT. 07/09/2018. THIS APPEAL OF THE REVENUE THEREFOR E HAS BECOME IN FRUCTUOUS. 3. IN THE RESULT, APPEAL OF THE REVENUE IS DISMISSE D. ORDER PRONOUNCED IN THE OPEN COURT. SD/- SD/- (DR. B.R.R. KUMAR) (SANJAY GARG) ACCOUNTANT MEMBER JUDICIAL MEMBER DATED : 13/12/2018 AG COPY TO: 1. THE APPELLANT, 2. THE RESPONDENT, 3.THE CIT(A),4.THE CIT,5.THE DR