DCIT 5(2), MUMBAI vs. JET AIRWAYS (I) LTD, MUMBAI
In the result, appeal of the assessee for AY 2003-04 being ITA No
ITA 6597/MUM/2014[2007-08]Status: DisposedITAT Mumbai01 Feb 2017AY 2007-08
Bench: S/Sh. Rajendra & Pawan Singhआयकर अपील सं/.Ita No.6596/Mum/2014,"नधा"रण वष"/Assessment Year-2003-04 Jet Airways (India) Ltd. Dcit-5(2) बनाम Siroya Centre, Sahar Airport Aayakar Bhavan, Road, Andheri (E), Mumbai-400020 Vs. Mumbai-400099. Pan: Aaacj0920H (अपीलाथ" /Appellant) (""यथ" / Respondent) आयकर अपील सं/.Ita No.6597/Mum/2014,"नधा"रण वष"/Assessment Year-2007-08 Dcit-5(2) Jet Airways (India) Ltd. बनाम Aayakar Bhavan, Siroya Centre, Sahar Airport Mumbai-400020 Road, Andheri (E), Vs. Mumbai-400099. Pan: Aaacj0920H (अपीलाथ" /Appellant) (""यथ" / Respondent) राज"व ओर से / Revenue By : Ms Anu Krishna Aggarwal With Alok Johri (Dr) "नधा"रती क" ओर से/ Assessee By : Shri Vijaya Mehta (Ar) सुनवाई क" तार"ख / Date Of Hearing : 05-01-2017 घोषणा क" तार"ख / Date Of Pronouncement : 01-02-2017 आयकर अ"ध"नयम, 1961 क" धारा 254(1) के अ"तग"त आदेश Order U/S.254(1)Of The Income-Tax Act,1961(Act) Per Pawan Singh, J.M. "या"यक सद"य Iou Iou Iou "संह के अनुसार: Iou 1. These Two Appeals By Assessee U/S 253 Of The Income Tax Act (The Act) Are Directed Against The Separate Orders Of Even Day Of Ld. Cit(A)-9, Mumbai Dated 28.08.2014 For Assessment Years (Ays) 2003-04 & 2007-08. 2. In Ita No. 6896/Mum/2014, The Assessee Has Raised The Following Grounds Of Appeal:
For Appellant: Shri Vijaya Mehta (AR)For Respondent: Ms Anu Krishna Aggarwal with Alok Johri (DR)
Section 143(3)Section 148Section 253Section 254(1)Section 271(1)(c)Section 274Section 43B
section only in respect of ‘concealment of income’
and not for ‘ inaccurate particulars of income’. The ld. AR of the assessee further argued that assessee assessed the total loss of Rs. 473 Crore and assessee has no intention to make incorrect claim on account of Rs. 1.69 Crore when the amount is admittedly allowable and the issue was only
