Jolly Leasing & Finstock Ltd.,, Baroda v. The ACIT., Circle-1(2),, Baroda

ITSSA 224/AHD/2006 | misc
Pronouncement Date: 07-04-2010 | Result: Dismissed

Appeal Details

RSA Number 22420516 RSA 2006
Bench Ahmedabad
Appeal Number ITSSA 224/AHD/2006
Duration Of Justice 3 year(s) 5 month(s) 21 day(s)
Appellant Jolly Leasing & Finstock Ltd.,, Baroda
Respondent The ACIT., Circle-1(2),, Baroda
Appeal Type Income Tax (Search & Seizure) Appeal
Pronouncement Date 07-04-2010
Appeal Filed By Assessee
Order Result Dismissed
Bench Allotted D
Tribunal Order Date 07-04-2010
Date Of Final Hearing 07-04-2010
Next Hearing Date 07-04-2010
Assessment Year misc
Appeal Filed On 17-10-2006
Judgment Text
IN THE INCOME TAX APPELLATE TRIBUNAL AT AHMEDABAD AHMEDABAD B BENCH (BEFORE S/SHRI G.D. AGARWAL VICE-PRESIDENT AND BHAVESH SAINI JUDICIAL MEMBER) IT(SS)A.NO.217/AHD/2006 [BLOCK PERIOD : AY 1986-87 TO 15-12-95] SANJAY A. CHOKSHI VS. ACIT CIR.1(2) BARODA. IT(SS)A.NO.218/AHD/2006 [BLOCK PERIOD : AY 1986-87 TO 15-12-95] KOKILABEN A.CHOKSHI VS. ACIT CIR.1(2) BARODA. IT(SS)A.NO.219/AHD/2006 [BLOCK PERIOD : AY 1986-87 TO 15-12-95] ARUN R.CHOKSHI VS. ACIT CIR.1(2) BARODA. IT(SS)A.NO.220/AHD/2006 [BLOCK PERIOD : AY 1986-87 TO 15-12-95] HITESH A. CHOKSHI VS. ACIT CIR.1(2) BARODA. IT(SS)A.NO.221/AHD/2006 [BLOCK PERIOD : AY 1986-87 TO 15-12-95] JOLLY FANTASY WORLD LTD. RAINBOW HOUSE 2 ND FLOOR PRATAP ROAD RAOPURA BARODA. VS. ACIT CIR.1(2) BARODA. IT(SS)A.NO.223/AHD/2006 [BLOCK PERIOD : AY 1986-87 TO 15-12-95] JOLLY TEA(INDIA) LTD. RAINBOW HOUSE 2 ND FLOOR PRATAP ROAD RAOPURA BARODA. VS. ACIT CIR.1(2) BARODA. IT(SS)A.NO.224/AHD/2006 [BLOCK PERIOD : AY 1986-87 TO 15-12-95] JOLLY LEASING & FINSTOCK LTD. RAINBOW HOUSE 2 ND FLOOR PRATAP ROAD RAOPURA BARODA. VS. ACIT CIR.1(2) BARODA. (APPELLANT) (RESPONDENT) ASSESSEE BY : SHRI S.N.SOPARKAR REVENUE BY : SHRI C.K. MISHRA O R D E R PER G.D. AGARWAL VICE-PRESIDENT: THESE ARE SEVEN APPEALS FILED BY THE DIFFERENT ASSESSEES AGAINST THE RESPECTIVE O RDERS OF THE CIT(A)-I BARODA. THE COMMON GRIEVANCE IN ALL THE APPEALS IS AGAINST IMPOSITION OF PENALTY UNDER SECTION 221(1) OF THE INCOME TAX ACT 1961 AS SET O UT IN THE RESPECTIVE GROUNDS OF APPEALS. ALL THE ABOVE ASSESSEES ARE BE LONGED TO CHOKSHI GROUP IT(SS)A.NO.217/AHD/2006 AND 6 OTHERS -2- AND RELATED TO EACH OTHER. FOR THE SAKE OF CONVENI ENCE WE DISPOSE OF ALL THESE APPEALS BY THIS COMMON ORDER. 2. AT THE TIME OF HEARING THE ASSESSEES THROUGH TH EIR COUNSEL FILED LETTERS DATED 20-03-2010 STATING THAT THEY INTEND TO WITHDR AW THEIR RESPECTIVE APPEALS FILED AND SOUGHT FOR PERMISSION TO DO SO. THE LEAN ED DR DID NOT OPPOSE TO THE REQUEST OF THE ASSESSEE. 3. IN VIEW OF THE ABOVE LETTERS AND THE REQUEST OF THE LEARNED COUNSEL FOR THE ASSESSEES WE DISMISS ALL THE APPEALS OF THE ASSESS EES AS BEING WITHDRAWN. ORDER PRONOUNCED IN OPEN COURT ON 7 TH APRIL 2010. SD/- SD/- (BHAVESH SAINI) JUDICIAL MEMBER (G.D. AGARWAL) VICE-PRESIDENT PLACE : AHMEDABAD DATE : 07-04-2010 VK* COPY OF THE ORDER FORWARDED TO: 1) : APPELLANT 2) : RESPONDENT 3) : CIT(A) 4) : CIT CONCERNED 5) : DR ITAT. BY ORDER AR ITAT AHMEDABAD