IDBI CAPITAL MARKET SERVICES LTD, MUMBAI v. DCIT RG 4(1), MUMBAI

ITA 3881/MUM/2009 | 2005-2006
Pronouncement Date: 19-01-2010 | Result: Dismissed

Appeal Details

RSA Number 388119914 RSA 2009
Assessee PAN AAACI1268F
Bench Mumbai
Appeal Number ITA 3881/MUM/2009
Duration Of Justice 7 month(s) 3 day(s)
Appellant IDBI CAPITAL MARKET SERVICES LTD, MUMBAI
Respondent DCIT RG 4(1), MUMBAI
Appeal Type Income Tax Appeal
Pronouncement Date 19-01-2010
Appeal Filed By Assessee
Order Result Dismissed
Bench Allotted I
Tribunal Order Date 19-01-2010
Assessment Year 2005-2006
Appeal Filed On 15-06-2009
Judgment Text
IN THE INCOME TAX APPELLATE TRIBUNAL MUMBAI BENCH I MUMBAI. BEFORE SHRI SHRI J. SUDHAKAR REDDY ACCOUNTANT MEMB ER AND SHRI V.D. RAO JUDICIAL MEMBER. I.T.A. NO. 38 81/MUM/2009 ASSESSMENT YEAR : 2005-06. IDBI CAPITAL MARKET SERVICES LTD. D Y. COMMISSIONER OF 5 TH FLOOR MAFATLAL CENTER VS. INCOME TAX NARIMAN POINT MUMBAI-400 021. RAN GE-4(1) MUMBAI. PAN AAACI1268F APPELLANT RESPONDENT APPELLA NT BY : NONE. RESPONDENT BY : SHRI H.V. JAIN. O R D E R PER J. SUDHAKAR REDDY A.M. THIS IS AN APPEAL FILED BY THE ASSESSEE. AT THE T IME OF HEARING THE ASSESSEE FILED WRITTEN SUBMISSION AS F OLLOWS: THE APPELLANT IS A SUBSIDIARY OF IDBI BANK LTD. WHICH IS A PUBLIC SECTOR UNDERTAKING AND IS ACCORDINGLY R EQUIRED TO OBTAIN COD CLEARANCE. THE APPELLANT HAS NOT OBTAINED SUCH CLEARANCE AND THERE IS NO LIKELIHOOD OF OBTAINING SUCH CERTIFICATE IN FU TURE. THE HONOURABLE BENCH MAY KINDLY TAKE THE AFORESAI D FACT INTO CONSIDERATION IN DECIDING THE APPEAL. 2. IN VIEW OF THE ABOVE WE DISMISS THIS APPEAL FO R WANT OF COD. 2 3. IN THE RESULT THE ASSESSEES APPEAL IS DISMISS ED. ORDER PRONOUNCED ON THIS 19 TH DAY OF JANUARY 2010. SD/- SD/- (V.D. RAO) (J. SUDHAKARY REDDY) JUDICIAL MEMBER. ACCOUNTANT MEMBER. MUMBAI DATED : 19 TH JANUARY 2010. WAKODE COPY FORWARDED TO : 1. APPLICANT 2. RESPONDENT 3. C.I.T. 4. CIT(A) 5. DR I-BENCH (TRUE COPY) BY ORDER ASSTT.REGISTRAR ITAT MUMBAI BENCHES