ASST CIT CEN CIR 15 & 16, MUMBAI V. VIJAY GRIHNIRMAN P. LTD ( FORMERLY KNOWN AS VIJAY BUILDCON P. LTD), MUMBAI

ITA 901/MUM/2012

• Counselvise Citation: 90119914 RSA 2012
• Duration Of Justice: 1 year(s) 6 month(s) 14 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 23-08-2013
• Appeal Filed By: Department
• Order Result: Dismissed
• Bench Allotted: F
• Next Hearing Date: 09-07-2013
• Assessment Year: 2002-2003
• Appeal Filed On: 09-02-2012
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Assessee Lawyers: A K GHOSH
• Section: 143(3); 153A; 263

Judgement Text

, , , , , IN THE INCOME TAX APPELLATE TRIBUNAL MUMBAI BENCHES F, MUMBAI .. , ! ' # $$, % ', & BEFORE SHRI R.S.SYAL, AM AND SHRI SANJAY GARG, JM ITA NOS.900, 901, 902, 903 & 904/MUM/2012 ASST.YEARS 2001-02, 2002-03, 2003-04, 2004-05 & 200 5-06 THE ASSTT.COMMISSIONER OF INCOME-TAX CENTRAL CIRCLE 15 & 16 MUMBAI. M/S.VIJAY GRIHNIRMAN PRIVATE LIMITED (FORMERLY KNOWN AS VIJAY BUILDCON PVT. LTD.), 205 MARINE CHAMBERS 43, NEW MARINE LINES MUMBAI 400 020. PAN : AAACV2806N. ( '( / // / APPELLANT) * * * * / VS. ( +,'(/ RESPONDENT) ITA NO.1163/MUM/2012 : ASST.YEAR 2006-2007 M/S.VIJAY GRIHNIRMAN PRIVATE LIMITED 205 MARINE CHAMBERS 43, NEW MARINE LINES MUMBAI 400 020. THE ASSTT.COMMISSIONER OF INCOME-TAX CENTRAL CIRCLE 15 & 16 MUMBAI. ( '( / // / APPELLANT) * * * * / VS. ( +,'(/ RESPONDENT) # # # # - -- - . . . . / REVENUE BY : SHRI R.R.PRASAD (CIT-DR) %* /0 %* /0 %* /0 %* /0 - . - . - . - . / ASSESSEE BY : SHRI A.K.GHOSH * - 0! / / / / DATE OF HEARING : 21.08.2013 123 - 0! / DATE OF PRONOUNCEMENT : 23.08.2013 ' 4 ' 4 ' 4 ' 4 / / / / O R D E R PER BENCH : THIS BATCH OF SIX APPEALS COMPRISES OF FIVE APPEALS BY THE REVENUE FOR ASSESSMENT YEARS 2001-2002 TO 2005-2006 AND THE SIXTH APPEAL BY THE ASSESSEE FOR ASSESSMENT YEAR 2006-200 7. SINCE THESE APPEALS ARE BASED ON IDENTICAL FACTS AND COMMON GRO UNDS, WE ARE, ITA NO.900/MUM/2012 & ORS. M/S.VIJAY GRIHNIRMAN PVT.LTD. 2 THEREFORE, PROCEEDING TO DISPOSE THEM OFF BY THIS C ONSOLIDATED ORDER FOR THE SAKE OF CONVENIENCE. 2. WE HAVE HEARD THE RIVAL SUBMISSIONS AND PERUSED T HE RELEVANT MATERIAL ON RECORD. ALL THESE APPEALS ARISE OUT OF THE ORDERS PASSED BY THE ASSESSING OFFICER U/S 143(3) READ WITH SECTION 153A PURSUANT TO THE ORDERS PASSED BY THE COMMISSIONER OF INCOME-TAX U/S 263 OF THE ACT IN RELATION TO ASSESSMENT YEARS 2001-2002 TO 20 06-2007. CERTAIN ADDITIONS WERE MADE BY THE AO IN THESE ASSESSMENTS. THE LEARNED CIT(A), FOLLOWING THE ORDER PASSED BY THE TRIBUNAL SETTING ASIDE THE REVISIONAL ORDER U/S 263 FOR THE ASSESSMENT YEARS 2000-2001 TO 2005- 2006 AND UPHOLDING THE SAME FOR THE A.Y. 2006-07 QU ASHED/UPHELD THE ASSESSMENTS FOR THE RESPECTIVE YEARS. A COPY OF THE TRIBUNAL ORDER DATED 31.10.2011 FOR THE YEARS UNDER CONSIDERATION HAS BEEN PLACED ON RECORD. A PERUSAL OF THIS ORDER TRANSPIRES THAT THE ACTION OF THE LEARNED CIT U/S 263 HAS BEEN SET ASIDE IN RELATION TO THE ASSESSMENT YEARS 2001-2002 TO 2005-2006 WHEREAS THE SAME HAS B EEN UPHELD FOR THE ASSESSMENT YEARS 2000-2001 AND 2006-2007. IN VI EW OF THIS ORDER, THE APPEALS FILED BY THE REVENUE FOR THE ASS ESSMENT YEARS 2001-2002 TO 2005-2006 ARE LIABLE TO BE DISMISSED B ECAUSE THE VERY FOUNDATION FOR ACTION TAKEN BY THE ASSESSING OFFICE R, BEING THE ORDERS U/S 263, CEASES TO EXIST. INSOFAR AS THE APPEAL BY THE ASSESSEE FOR THE ASSESSMENT 2006-2007 IS CONCERNED, WE FIND THAT THE SAME HAS TO BE DISMISSED BECAUSE THE TRIBUNAL HAS UPHELD THE REVIS IONAL ORDER U/S 263 FOR THIS YEAR. NO SEPARATE ARGUMENTS WERE ADVA NCED BY THE LEARNED AR AGAINST THE ORDER FOR ASSESSMENT YEAR 20 06-2007. FURTHER ITA NO.900/MUM/2012 & ORS. M/S.VIJAY GRIHNIRMAN PVT.LTD. 3 THE ONLY GROUND TAKEN IN APPEAL FOR SUCH YEAR IS AL SO AGAINST NOT QUASHING OF THE ORDER PASSED BY THE AO. WE, THEREFOR E, DISMISS ALL THE APPEALS UNDER CONSIDERATION. 3. / 05 6 !/# - #0 78 IN THE RESULT, ALL THE APPEALS STAND DISMISSED. ORDER PRONOUNCED ON THIS 23 RD DAY OF AUGUST, 2013. ' 4 - 123 9'*5 2 - $ SD/- SD/- (SANJAY GARG) (R.S.SYAL) % ' % ' % ' % ' / JUDICIAL MEMBER ! ' ! ' ! ' ! ' / ACCOUNTANT MEMBER MUMBAI ; 9'* DATED : 23 RD AUGUST, 2013. DEVDAS* ' 4 - +%0:; < ;30 ' 4 - +%0:; < ;30 ' 4 - +%0:; < ;30 ' 4 - +%0:; < ;30/ COPY OF THE ORDER FORWARDED TO : 1. '( / THE APPELLANT 2. +,'( / THE RESPONDENT. 3. = () / THE CIT, MUMBAI. 4. = / CIT(A) 39, MUMBAI. 5. ;@$ +%0%* , , / DR, ITAT, MUMBAI 6. $A / GUARD FILE. ' 4* ' 4* ' 4* ' 4* / BY ORDER, ,;0 +%0 //TRUE COPY// B B B B/ // /7 # 7 # 7 # 7 # ( DY./ASSTT. REGISTRAR) , , , , / ITAT, MUMBAI