Generate professional replies, appeals, opinions to Show Cause Notices, assessment orders, audit objections, and other legal communications using TaxTMI's AI Drafter.
Revenue's appeal dismissed by tribunal for assessment years 2008-09 under Income Tax Act The revenue's appeal against the CIT(A) order for assessment years 2008-09 was deemed infructuous by the tribunal. The appeal, arising from the Assessing ...
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Revenue's appeal dismissed by tribunal for assessment years 2008-09 under Income Tax Act
The revenue's appeal against the CIT(A) order for assessment years 2008-09 was deemed infructuous by the tribunal. The appeal, arising from the Assessing Officer's order under section 143(3) of the Income Tax Act, 1961, was dismissed as the issues had been addressed in a subsequent reassessment under section 147 r.w.s.148 of the Act. The tribunal found the appeal to be without merit and dismissed it, with the decision announced in open court on 15th Sept, 2017.
Issues: Appeal by revenue against CIT(A) order for assessment years 2008-09.
Analysis: The judgment pertains to an appeal by the revenue regarding assessment years 2008-09. The appeal was directed against the order of the CIT(A)-29, Mumbai, dated 15.3.2012, which originated from an order passed by the Assessing Officer on 24.12.2010 under section 143(3) of the Income Tax Act, 1961. The ld. AR representing the assessee informed the Bench that the issues raised in the appeal have been addressed in the order passed under section 143(3) r.w.s.147 of the Act dated 31.3.2013 following the reopening of assessment u/s 147 r.w.s.148 of the Act. Consequently, the appeal filed by the revenue was deemed infructuous. The ld. DR representing the revenue relied on the grounds of appeal filed in the appeal.
The tribunal heard both parties and noted that the appeal was against the order of the ld.CIT(A) arising from the AO's order under section 143(3) of the Act dated 24.12.2010, with the case subsequently being reopened under section 147 r.w.s.148 of the Act. The reassessment was conducted on 31.2.2015, addressing the various issues raised by the revenue in the present appeal. Consequently, the tribunal found the present appeal filed by the revenue to be infructuous and dismissed it accordingly. The judgment concluded with the pronouncement that the appeal of the revenue was dismissed, with the order announced in the open court on 15th Sept, 2017.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
AI Drafter - (New and Powerful) ✕
Generate professional replies, appeals, opinions to Show Cause Notices, assessment orders, audit objections, and other legal communications using TaxTMI's AI Drafter. 
of 
TaxTMI 
