Latest Expert Exchange Queries
sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
 
 
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Service Tax | Sales Tax | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Indirect Tax | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing
 
 
 
 
Popular Search: due date for vat payment :: VAT Audit :: articles on VAT and GST in India :: ACCOUNTING STANDARD :: list of goods taxed at 4% :: ARTICLES ON INPUT TAX CREDIT IN VAT :: TAX RATES - GOODS TAXABLE @ 4% :: form 3cd :: VAT RATES :: cpt :: Central Excise rule to resale the machines to a new company :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: empanelment :: ACCOUNTING STANDARDS :: TDS
 
 
From the Courts »
  Micro Spacematrix Solution P Ltd vs. ITO (ITAT Delhi)
 Micro Spacematrix Solution P Ltd vs. ITO (ITAT Delhi)
 CIT vs. Greenfield Hotels & Estates Pvt. Ltd (Bombay High Court)
 IndiaBulls Financial Services Ltd vs. DCIT (Delhi High Court)
 Maharao Bhim Singh of Kota vs. CIT (Supreme Court)
 Ravneet Takhar Vs. Commissioner Of Income Tax Ix And Ors.
 Jaiprakash Associates Ltd. Vs. Commissioner Of Income Tax
 Formula One World Championship Limited Vs. Commissioner Of Income Tax, International Taxation-3 And Anr.
 Commissioner Of Income Tax International Taxation-3 Delhi Vs. Formula One World Championship Ltd. And Anr.
 Reliance Communications Ltd vs. DDIT (ITAT Mumbai)
  Sushila Devi vs. CIT (Delhi High Court)

Smt. Rupam J. Parekh Fortune Bldg., 3rd Floor 568, L.J. Road, Five Garden Matunga (E), Mumbai 400019 Vs. A C I T - 12(1) Aayakar Bhavan, M.K. Road Mumbai 400020
February, 26th 2015
               IN THE INCOME TAX APPELLATE TRIBUNAL
                          "D" Bench, Mumbai

                 Before Shri D. Manmohan, Vice President
             and Shri D. Karunakara Rao, Accountant Member

                          ITA No. 3226/Mum/2013
                          (Assessment Year: 2008-09)

     Smt. Rupam J. Parekh                A C I T - 12(1)
     Fortune Bldg., 3rd Floor            Aayakar Bhavan, M.K. Road
                                     Vs.
     568, L.J. Road, Five Garden         Mumbai 400020
     Matunga (E), Mumbai 400019
                             PAN - AADPP5451H
                Appellant                         Respondent

                    Appellant by:      Shri Nidhi Patel
                    Respondent by:     Shri Love Kumar

                    Date of Hearing:       25.02.2015
                    Date of Pronouncement: 25.02.2015

                                   ORDER

Per D. Manmohan, V.P.

      This appeal by the assessee is directed against the order dated
04.03.2013 passed by CIT(A)-23, Mumbai and it pertains to A.Y. 2008-09.




2.    The following grounds were urged by the assessee: -

     "1. The Commissioner of Income-tax (Appeals) ­ 32, Mumbai
          (hereinafter referred to as the CIT(A)) erred in upholding the action
          of the Assistant Commissioner of Income-tax 12(1), Mumbai
          (hereinafter referred to as the Assessing Officer) in disallowing a
          sum of Rs.17,381 on account of expenses incurred for earning
          dividend income by invoking the provisions of section 14A of the
          Act.
     2.   The CIT(A) erred in upholding the action of the Assessing Officer
          in considering loss (short-term) under the head "capital gains" Rs
          28,56,593 as business loss"

3.    During the course of hearing the learned counsel for the assessee
moved an application for withdrawal of the appeal to which Revenue has no
                                       2                 ITA No. 3226/Mum/2013
                                                            Smt. Rupam J. Parekh




objection. We, therefore, allow the assessee to withdraw her appeal.
Accordingly this appeal is dismissed as withdrawn.

Order pronounced in the open court on 25th February, 2015.

                   Sd/-                                   Sd/-
           (D. Karunakara Rao)                      (D. Manmohan)
           Accountant Member                         Vice President

Mumbai, Dated: 25th February, 2015

Copy to:

   1.   The   Appellant
   2.   The   Respondent
   3.   The   CIT(A) ­ 23, Mumbai
   4.   The   CIT­ 12, Mumbai City
   5.   The   DR, "D" Bench, ITAT, Mumbai

                                                      By Order

//True Copy//
                                                   Assistant Registrar
                                           ITAT, Mumbai Benches, Mumbai
n.p.

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2016 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Article Management Solutions System Article Management Software S

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions