Income-tax Officer, Ward - 1, Jalna V. Kailashchand Kanhiyalal Bhartiya, Jalna

MA 58/PUN/2019

• Counselvise Citation: [2020] 111 COUNSELVISE.COM (IT) 8024 (ITAT-PUNE)
• Duration Of Justice: 4 month(s) 19 day(s)
• Appeal Type: Miscellaneous Application
• Pronouncement Date: 14-01-2020
• Appeal Filed By: Department
• Order Result: Dismissed
• Bench Allotted: A
• Assessment Year: 2010-2011
• Appeal Filed On: 26-08-2019
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Department Lawyers: S P WALIMBE
• Keywords: Rule of consistency

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL A BENCH, PUNE BEFORE SHRI D. KARUNAKARA RAO, AM AND SHRI S. S. VISWANETHRA RAVI, JM . / MA NO.58/PUN/2019 (ARISING OUT OF ITA NO.1427/PUN/2017) / ASSESSMENT YEAR : 2010-11 ITO, WARD-1, JALNA. ....... / APPELLANT / V/S. SHRI KAILASHCHAND KANHIYALAL BHARTIYA, PROP. SADGURU OIL INDUSTRIES, NAYA BAZAR, SHOLA CHOWK, JALNA-431203. PAN : AGYPB4397D / RESPONDENT . / MA NO.59/PUN/2019 (ARISING OUT OF ITA NO.1428/PUN/2017) / ASSESSMENT YEAR : 2010-11 ITO, WARD-1, JALNA. ....... / APPELLANT / V/S. SHRI KAILASHCHAND KANHIYALAL BHARTIYA, L/H OF LATE SMT. DWARKABAI KANHIYALAL BHARTIYA, NAYA BAZAR, SHOLA CHOWK, JALNA-431203. PAN : CDKPB4299K / RESPONDENT REVENUE BY : SHRI S. P. WALIMBE ASSESSEE BY : SHRI S. N. PURANIK / DATE OF HEARING : 03.01.2020 / DATE OF PRONOUNCEMENT : 14.01.2020 / ORDER PER D. KARUNAKARA RAO, AM: BOTH THE MISCELLANEOUS APPLICATIONS ARISE FROM THE REVENUES APPEAL IN ITA NOS.1427 & 1428/PUN/2017 VIDE ORDER DATED 18.03.2019 FOR THE ASSESSMENT YEAR 2010-11 RESPECTIVELY. 2 MA NOS.58 & 59/PUN/2019 2. THROUGH THESE MISCELLANEOUS APPLICATIONS, LD. DR FOR THE REVENUE CONTENDED THAT, IN VIEW OF THE INAPPLICABILITY OF THE HONBLE BOMBAY HIGH COURTS JUDGMENT IN THE CASE CIT VS. PUJA PRINTS, 360 ITR 697, THE ORDERS OF THE TRIBUNAL (SUPRA) NEED RECTIFICATION. 3. ON THE OTHER HAND, LD. AR FOR THE ASSESSEE VEHEMENTLY JUSTIFIED THE ORDER OF THE TRIBUNAL (SUPRA) AND SUBMITTED THAT THE PROPERTY WHERE THE ASSESSEE IS ONLY A SHAREHOLDER AND THE ORDER OF THE TRIBUNAL IN THE CASE OF ANOTHER SHAREHOLDERS SHRI RAJENDRA KANHIYALAL BHARTIYA AND SHRI SANJAY KAILASHCHAND BHARTIYA (SUPRA) STOOD ACCEPTED BY THE TRIBUNAL. IN THE SAID ORDER OF THE TRIBUNAL (SUPRA) ALSO THE DECISION OF THE SAID JUDGMENT IN THE CASE OF PUJA PRINTS (SUPRA) RELIED UPON AND THE ISSUES WERE DECIDED IN FAVOUR OF THE SHAREHOLDERS OF THE PROPERTY. 4. CONSIDERING THE SAME AND FOLLOWING THE PRINCIPLE OF CONSISTENCY, WE ARE OF THE OPINION THAT THE ORDER PASSED BY THE TRIBUNAL (SUPRA) IS NOT RECTIFIABLE. ACCORDINGLY, BOTH THE MISCELLANEOUS APPLICATIONS FILED BY THE REVENUE ARE DISMISSED. 5. IN THE RESULT, BOTH THE MISCELLANEOUS APPLICATIONS OF THE REVENUE ARE DISMISSED. ORDER PRONOUNCED ON THIS 14 TH DAY OF JANUARY, 2020. SD/- SD/- (S. S. VISWANETHRA RAVI) (D. KARUNAKARA RAO) / JUDICIAL MEMBER / ACCOUNTANT MEMBER / PUNE; / DATED : 14 TH JANUARY, 2020. SUJEET 3 MA NOS.58 & 59/PUN/2019 / COPY OF THE ORDER FORWARDED TO : 1. / THE APPELLANT. 2. / THE RESPONDENT. 3. THE CIT(A)-1, AURANGABAD. 4. THE PR.CIT-1, AURANGABAD. 5. , , , / DR, ITAT, A BENCH, PUNE. 6. / GUARD FILE. / BY ORDER, // TRUE COPY // SENIOR PRIVATE SECRETARY , / ITAT, PUNE.