The ITO, Ward-2(3), Baroda V. M/s. Globe Highways, Baroda

MA 53/AHD/2014

• Counselvise Citation: [2014] 124 COUNSELVISE.COM (IT) 1946 (ITAT-AHMEDABAD)
• Duration Of Justice: 3 month(s) 16 day(s)
• Appeal Type: Miscellaneous Application
• Pronouncement Date: 11-07-2014
• Appeal Filed By: Department
• Order Result: Allowed
• Bench Allotted: A
• Next Hearing Date: 04-07-2014
• Assessment Year: 2005-2006
• Appeal Filed On: 26-03-2014
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: P L KUREEL

Judgement Text

, , , , A, IN THE INCOME TAX APPELLATE TRIBUNAL AT AHMEDABAD, A BENCH . .. . . .. . , !' !' !' !', , , , #$ %&'( #$ %&'( #$ %&'( #$ %&'(, , , , )* + ) ' )* + ) ' )* + ) ' )* + ) ' BEFORE S/SHRI G.C. GUPTA, VICE-PRESIDENT AND ANIL CHATURVEDI, ACCOUNTANT MEMBER) MA NO.53/AHD/2014 IN ITA NO.1157/AHD/2009 [ASSTT.YEAR : 2005-2006] ITO, WARD-2(3) BARODA. /VS. M/S.GLOBE HIGHWAYS 2, SASHWAT COMPLEX DAXA COLONY NIZAMPURA, BARODA. PAN : AACFG 9102 B. ( (( (-. -. -. -. / APPELLANT) ( (( (/0-. /0-. /0-. /0-. / RESPONDENT) + 1 2 )/ REVENUE BY : SHRI P.L. KUREEL, SR.DR 4& 1 2 )/ ASSESSEE BY : NONE 5 1 &(*/ DATE OF HEARING : 4 TH JULY, 2014 678 1 &(*/ DATE OF PRONOUNCEMENT : 11-7-2014 )9 / O R D E R PER G.C. GUPTA, VICE-PRESIDENT: THIS MA BY THE REVENUE FOR THE ASSTT.YEAR 2005-2006 IS DIRECTED AGAINST THE OR DER OF THE TRIBUNAL IN ASSESSEES APPEAL IN ITA NO.1157/AHD/2009 ORDER DAT ED 2.5.2012. MA NO.53/AHD/2014 -2- 2. THE LEARNED DR HAS POINTED OUT THAT THE DECISION OF THE SPECIAL BENCH OF THE ITAT, VISAKHAPATNAM IN THE CASE OF M/S .MERILYN SHIPPING & TRANSPORT VS. ACIT, 136 ITD 23 WAS FOLLOWED BY THE TRIBUNAL AND THE ISSUE OF DEDUCTION UNDER SECTION 40(A)(IA) WAS DECI DED IN FAVOUR OF THE ASSESSEE. HE SUBMITTED THAT THE DECISION OF THE HO NBLE JURISDICTIONAL HIGH COURT IN CIT V. SIKANDARKHAN N. TUNVAR, [2013 ] 33 TAXMANN.COM 133, THE LEGAL POSITION AS LAID DOWN BY THE SPECIAL BENCH OF THE TRIBUNAL IN MERILYN SHIPPING & TRANSPORT (SUPRA) HAS NOT BEE N ACCEPTED, AND ACCORDINGLY, THE TRIBUNAL BEING BOUND BY THE DECISI ON OF THE HONBLE JURISDICTIONAL HIGH COURT, THE ISSUE SHOULD BE DECI DED IN FAVOUR OF THE REVENUE. 3. WE HAVE CONSIDERED SUBMISSIONS OF THE LEARNED DR , AND PERUSED THE ORDER OF THE TRIBUNAL AND THE CONTENTS OF THE MA PR EFERRED BY THE REVENUE. WE FIND THAT DECISION OF THE HONBLE JURI SDICTIONAL HIGH COURT IN SIKANDARKHAN N. TUNVAR (SUPRA), THE LEGAL POSITI ON HAS CHANGED AND THE DECISION OF THE HONBLE JURISDICTIONAL HIGH COURT B EING BINDING ON THE TRIBUNAL, WE CONSIDER THAT IT SHALL BE IN THE INTER EST OF JUSTICE TO RECALL THE ORDER OF THE TRIBUNAL IN THE APPEAL OF THE ASSESSEE IN ITA NO.1157/AHD/2009 FOR A.Y.2005-06 DATED 2.5.2012, AN D WE DIRECT ACCORDINGLY. REGISTRY IS DIRECTED FIX THE APPEAL O F THE ASSESSEE IN DUE COURSE. 4. IN THE RESULT, THE MA PREFERRED BY THE REVENUE I S ALLOWED AS ABOVE. ORDER PRONOUNCED IN OPEN COURT ON THE DATE MENTIONE D HEREINABOVE. SD/- SD/- ( %&'( %&'( %&'( %&'( / ANIL CHATURVEDI) )* + )* + )* + )* + /ACCOUNTANT MEMBER ( . .. . . .. . /G.C. GUPTA) !' !' !' !' /VICE-PRESIDENT