Income Tax Officer. Ward-2, Karwar V. Sri Mahalaxmi Enterprises., Ankola

MA 28/PAN/2015

• Counselvise Citation: [2016] 124 COUNSELVISE.COM (IT) 4589 (ITAT-PANAJI)
• Duration Of Justice: 1 year(s) 2 month(s) 7 day(s)
• Appeal Type: Miscellaneous Application
• Pronouncement Date: 22-07-2016
• Appeal Filed By: Department
• Order Result: Dismissed
• Bench Allotted: DB
• Next Hearing Date: 22-07-2016
• Assessment Year: 2007-2008
• Appeal Filed On: 15-05-2015
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Department Lawyers: ANAND S MARATHA LD
• Assessee Lawyers: PRADEEP KULKARNI
• Keywords: Tax effect

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL PANAJI BENCH, PANAJI BEFORE SHRI NARENDRA S. SAINI, HONBLE ACCOUNTANT MEMBER AND SHRI GEORGE MATHAN, HONBLE JUDICIAL MEMBER M A NO 28 /PAN/2015 : (ASST. YEAR : 2007 - 08 ) (ARISING OUT OF ITA 47/PNJ/2014 , A.Y. 2007 - 08 ) INCOME TAX OFFICER, WARD - 2 , VS. SRI MAHALAXMI ENTERPRISES, KARWAR. UPENDRA NILAYA, NILAMPUR, ANKOLA, UTTAR KANNADA 581 314 PAN : ABEF S 4905R (APPELLANT) (RESPONDENT) APPELL ANT BY : SHRI ANAND S. MARATHA , LD. D.R. RESPONDE NT BY : SHRI PRADEEP KULKARNI, CA DATE OF HEARING : 22 /07/2016 DATE OF ORDER : 22 /07/2016 O R D E R PER N ARENDRA S. SAINI - AM : THIS IS MA FILED BY THE REVENUE AGAINST THE ORDER OF THE TRIBUNAL IN ITA. NO . ITA 47/PNJ/2014 , DATED 11/12/2014 FOR A. Y. 2007 - 08. SHRI PRADEEP KULKARNI, CHARTERED ACCOUNTANT WAS PRESENT ON BEHALF OF THE ASSESSEE AND SHRI ANAND S MARATHE WAS PRESENT ON BEHALF OF THE REVENUE. IT WAS SUBMITTED BY THE LD. DR ON BEHALF OF THE REVENUE THAT HE VEHEMENTLY SUPPORTED THE MA FILED BY THE REVENUE. THE APPEAL OF THE REVENUE HAD BEEN DISMISSED WITHOUT GRANTING T HE REVENUE THE LIBERTY TO REQUEST FOR RECALL OF THE APPEAL IN THE EVENT THE ISSUE OF TAX EFFECT IS REVERSE D. IN REPLY THE LD. AR VEHEMENTLY SUPPORTED THE ORDER OF THE TRIBUNAL. IT WAS THE SUBMISSION THAT NO ERROR HAD BEEN POINTED OUT FROM THE ORDER OF THE TRIBUNAL WHICH WAS APPARENT FROM THE RECORD. - 2 - WE HAVE CONSIDERED THE RIVAL SUBMISSION . AS THE REVENU E HAS NOT BEEN ABLE TO POINT OUT ANY SPECIFIC ERROR IN THE ORDER OF THE TRIBUNAL WHICH IS APPARENT FROM THE RECORD THE M.A FILED BY THE REVENUE IS DISMISSED. IN THE RESULT THE MA FILED BY THE REVENUE STANDS DISMISSED. ORDER PRONOUNCED IN THE OPEN COURT O N 22.07 .2016. SD/ - (GEORGE MATHAN) JUDICIAL MEMBER SD/ - (NARENDRA S. SAINI) ACCOUNTANT MEMBER PLACE : PANAJI - GOA DATED : 22/07 /2016 *NANU * COPY TO : (1) APPELLANT (2) RESPONDENT (3) CIT CONCERNED (4) CIT(A) CONCERNED (5) D.R (6) GUARD FILE TRUE COPY, BY ORDER ASSISTANT REGISTRAR ITAT, PANAJI BENCH, PANAJI