M/s. Karshni Slate Udyog, Karauli V. Commissioner Of income Tax, Kota

SA 24/JPR/2018

• Counselvise Citation: [2019] 117 COUNSELVISE.COM (IT) 3716 (ITAT-JAIPUR)
• Duration Of Justice: 10 month(s) 25 day(s)
• Appeal Type: Income Tax (International Taxation) Appeal
• Pronouncement Date: 29-04-2019
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: A
• Assessment Year: 2014-2015
• Appeal Filed On: 04-06-2018
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: VARINDER MAHTA
• Assessee Lawyers: NARESH GU PTA
• Keywords: Application of stay
• Section: 263

Judgement Text

VK;DJ VIHYH; VF/KDJ.K] T;IQJ U;K;IHB] T;IQJ IN THE INCOME TAX APPELLATE TRIBUNAL, JAIPUR BENCHE S, JAIPUR JH FOT; IKY JKO] U;KF;D LNL; ,OA JH HKKXPAN] YS[KK L NL; DS LE{K BEFORE: SHRI VIJAY PAL RAO, JM & SHRI BHAGCHAND, A M S.A NO. 24/JP/2018 (ARISING OUT OF ITA NO. 783/JP/2018) FU/KZKJ.K O'K Z @ ASSESSMENT YEAR : 2014-15 M/S KARSHNI SLATE UDYOG H-1/124, RIICO INDUSTRIAL AREA, HINDAUN-CITY, DISTRICT- KARAULI-322230. CUKE VS. THE ITO, WARD-2, SWAIMADHOPUR. LFKK;H YS[KK LA-@THVKBZVKJ LA-@ PAN/TAN NO.: AAGFK 5541 A VIHYKFKHZ@ APPELLANT IZR;FKHZ@ RESPONDENT FU/KZKFJRH DH VKSJ L S@ ASSESSEE BY : SHRI NARESH GUPTA (ADV.) JKTLO DH VKSJ LS @ REVENUE BY : SHRI VARINDER MAHTA (CIT) LQUOKBZ DH RKJH[ K@ DATE OF HEARING : 08/06/2018 MN?KKS'K.KK DH RKJH[ K@ DATE OF PRONOUNCEMENT: 08/06/2018 VKNS'K@ ORDER PER: VIJAY PAL RAO, J.M. BY WAY OF THIS APPLICATION THE ASSESSEE SEEKING STA Y OF OPERATION OF THE REVISION ORDER DATED 19.03.2018 OF LD. PRINC IPAL COMMISSIONER OF INCOME TAX, KOTA PASSED U/S 263 OF THE INCOME TAX A CT FOR THE ASSESSMENT YEAR 2014-15. 2. WE HAVE HEARD THE LD. AR AS WELL AS THE LD. DR AND CONSIDERED THE RELEVANT MATERIAL ON RECORD. THE ASSESSEE HAS P RAYED FOR STAY OF S.A. NO. 24/JP/2018 M/S KARSHNI SLATE UDYOG VS. ITO 2 FURTHER ASSESSMENT PROCEEDING IN PURSUANT TO THE IM PUGNED ORDER DATED 19.03.2018 PASSED U/S 263 OF THE IT ACT TILL THE DI SPOSAL OF THE APPEAL FILED BY THE ASSESSEE AGAINST THE REVISION ORDER. A T THE OUTSET, WE ARE OF THE VIEW THAT THE GRIEVANCE OF THE ASSESSEE WOULD B E ADDRESSED IF THE EARLY HEARING IS GRANTED FOR THE APPEAL OF THE ASSE SSEE WHICH IS ALREADY FIXED ON 16.08.2018. ACCORDINGLY, WE GRANT THE EARL Y HEARING AND DIRECT THE REGISTRY TO FIX FOR HEARING OF THE APPEAL ON 11 .06.2018. THIS EARLY HEARING HAS BEEN GRANTED WITH THE CONSENT OF BOTH T HE PARTIES AND THEREFORE, NO ADJOURNMENT WILL BE ALLOWED ON THE SA ID DATE OF HEARING. IN THE RESULT, THE STAY APPLICATION IS DISMISSED A ND EARLY HEARING IS GRANTED. ORDER PRONOUNCED IN THE OPEN COURT ON 08/06/2018. SD/- SD/- HKKXPAN FOT; IKY JKO (BHAGCHAND) (VIJAY PAL RAO) YS[KK LNL;@ ACCOUNTANT MEMBER U;KF;D LNL;@ JUDICIAL MEMBER TK;IQJ@ JAIPUR FNUKAD@ DATED:- 08/06/2018. * SANTOSH. VKNS'K DH IZFRFYFI VXZSFKR@ COPY OF THE ORDER FORWARDED TO: 1. VIHYKFKHZ@ THE APPELLANT- M/S KARSHNI SLATE UDYOG, KARAULI. 2. IZR;FKHZ@ THE RESPONDENT- ITO, WARD-2, SWAIMADHOPUR. 3. VK;DJ VK;QDR@ CIT 4. VK;DJ VK;QDR@ CIT(A) 5. FOHKKXH; IZFRFUF/K] VK;DJ VIHYH; VF/KDJ.K] T;IQJ@ DR, ITAT, JAIPUR. S.A. NO. 24/JP/2018 M/S KARSHNI SLATE UDYOG VS. ITO 3 6. XKMZ QKBZY@ GUARD FILE {S.A. NO. 24/JP/2018} VKNS'KKUQLKJ@ BY ORDER, LGK;D IATHDKJ@ ASST. REGISTRAR