DCIT, NEW DELHI vs. SH. SANJAY JAIN, NEW DELHI
In the result, appeals of the department are dismissed and the Cross Objections of the assessee’s are allowed as indicated above
ITA 5325/DEL/2013[2005-06]Status: DisposedITAT Delhi06 Oct 2015AY 2005-06
Bench: Sh. N. K. Saini, Am & Sh. A. T. Varkey, Jm
Section 132Section 153A
…e submitted that the issue pertaining to limitation is a question which can be taken at any point of time before the Bench during the pendency of the litigation in this regard. He placed reliance on the following decisions:- 268 ITR 481 (SC) CIT Vs. Md. Iqbal 221 ITR 481 (MP) Mahindra & Mahindra Ltd. Vs. DCIT 313 ITR 263 All Cargo Global Logistics Ltd. Vs. DCIT 16 ITR (Trib.) 380. 5. The Ld. DR opposed the application. He submitted that additional ground does not disclose as to on which specific date the order was passed, which goes to indicate that the assessee has not approached the Tribunal with the open heart…