ACIT CIR-7(3)(2), , MUMBAI v. M/s PRINTLINE REPRODUCTIONS PVT. LTD., MUMBAI

MA 156/MUM/2020 | 2009-2010
Pronouncement Date: 26-03-2021 | Result: Allowed

Appeal Details

RSA Number 15619924 RSA 2020
Assessee PAN AAACP6291K
Bench Mumbai
Appeal Number MA 156/MUM/2020
Duration Of Justice 1 year(s) 9 day(s)
Appellant ACIT CIR-7(3)(2), , MUMBAI
Respondent M/s PRINTLINE REPRODUCTIONS PVT. LTD., MUMBAI
Appeal Type Miscellaneous Application
Pronouncement Date 26-03-2021
Appeal Filed By Department
Order Result Allowed
Bench Allotted D
Tribunal Order Date 26-03-2021
Last Hearing Date 15-01-2021
First Hearing Date 15-01-2021
Assessment Year 2009-2010
Appeal Filed On 17-03-2020
Judgment Text
IN THE INCOME TAX APPELLATE TRIBUNAL D B ENCH MUMBAI BEFOR E: HON BL E JUSTICE P.P. BHATT PRESIDENT & SHRI M.BALAGANESH AM M.A. NO. 156 / MUM/2020 (ARISING OUT OF I TA NO. 2937/ MUM/ 2019 ( ASSESSMENT YEAR : 2009 - 10 ) ACIT CIR - 7(3)(2) ROOM NO .128A 1 ST FLOOR AAYAKAR BHAVAN M.K.ROAD MUMB AI 400 020 VS. M/S. PRINTLINE REPRODUCTIONS PVT. LTD. 134 PRAGATI INDUSTRIAL ESTATE N.M. JOSHI MARG LOWER P AREL MUMBAI 400 011 PAN/GIR NO. AAACP629 1K (APPELLANT ) .. (RESPONDENT ) REVENUE BY SHRI SU NIL DESHP ANDE ASSESSEE BY NONE DATE OF HEARING 26 / 03 /202 1 DATE OF PRONO U NCEMENT 26 / 03 /202 1 / O R D E R PER M. BALAGANESH (A.M) : BY VIRTUE OF THIS MISCELLANEOUS APPLICATION THE REVENUE SEEKS TO RECALL THE ORDER PASSED B Y THIS TRIBUNAL IN ITA NO. 2937 /MUM/2019 DATED 21/08/2019. WE FIND TH AT THIS TRIBUNAL HAD DISMISSED THE APPEAL OF THE REVENUE B Y FOLLOWING THE CBDT CIRCULAR NO.17/2019 DATED 08/08/2019 BY STATING THAT THE TAX EFFECT ON THE M A NO . 156 /MUM/ 2020 M/S. PRINTLINE REPRODUCTIONS PVT. LTD. 2 DISPUTED ISSUE IS LESS THAN THE PR ESCRIBED MONETARY LIMIT S AS PER THE AFORESAID CIRCULAR. 2. WE FIND TH AT THE ADDITION WAS SUBJECT MATTER OF DISPUTE O N ACCOUNT OF BOGUS PURCHASES WHICH W A S BASED ON INFORMATION RECEIVED FROM SALES TAX AUTHORITIES BEING AN EXTERNAL AGENCY. HENCE WE HOLD THAT SAME FALLS W ITHIN THE AMBIT OF EXCEPTION PROVIDED IN PARA 10 (E) OF THE CBDT CIRCULAR . HENCE WE ARE INCLINED TO RECALL THE ORDER PASSED BY THIS TRIBUNAL . REGISTRY IS DIRECTED TO FIX THIS APPEAL FOR FRESH HEARING IN NORMAL COURSE . 3. IN THE RESULT MI SCELLANEOUS APPLICATION OF THE REVENUE IS ALLOWED. ORDER PRONOUNCE D ON 26 / 03 / 202 1 BY WAY OF PROPER M ENTIONING IN T HE NOTICE BOARD. SD/ - ( JUSTI CE P.P. BHATT ) SD/ - (M.BALAGANESH) PRESIDE NT ACCOUNTANT MEM B ER MUMBAI ; DATED 26 / 03 / 202 1 KARUNA SR.PS M A NO . 156 /MUM/ 2020 M/S. PRINTLINE REPRODUCTIONS PVT. LTD. 3 COPY OF THE O RDER FORWARDED TO : BY ORDER ( ASSTT. REGIST RAR) ITAT MUMBAI 1. THE APPELLANT 2. THE RESPONDENT. 3. THE CIT(A) MUMBAI. 4. CIT 5. DR ITA T MUMBAI 6. GUARD FILE. //TRUE COP Y//