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आयकर अपीलीय अिधकरण, अिधकरण मुंबई Ûयायपीठ 'एफ ' मुंबई ।

IN THE INCOME TAX APPELLATE TRIBUNAL " F " BENCH, MUMBAI सव[ौी एच.एल. कावा[ अÚय¢ एवं नरे Ûि कुमार ǒबãलैáया, लेखा सदःय के सम¢ BEFORE SHRI H.L. KARWA, PRESIDENT AND SHRI N.K. BILLAIYA, AM आयकर अपील सं./I.T.A. Nos. 6618 & 6617/Mum/2011 ( िनधा[रण वष[ / Assessment Years :2007-08 & 2008-09 M/s. Venus Records & Tapes बनाम/ बनाम The Addl. CIT-11(1), Pvt. Ltd., Vs. Aayakar Bhavan, (Now known as Venus Mumbai-400 020 Worldwide Entertainment Pvt.

Ltd., 106/1, Blue Diamond, Opp. SNDT College, Juhu Tara Road, Santacruz (West), Mumbai-400 049 आयकर अपील सं./I.T.A. Nos. 7108 & 7109/Mum/2011 ( िनधा[रण वष[ / Assessment Years :2007-08 & 2008-09 The Addl. CIT-11(1), बनाम/ बनाम M/s. Venus Records & Tapes Aayakar Bhavan, Vs. Pvt. Ltd., Mumbai-400 020 (Now known as Venus Worldwide Entertainment Pvt. Ltd., 106/1, Blue Diamond, Opp. SNDT College, Juhu Tara Road, Santacruz (West), Mumbai-400 049 ःथायी ले खा सं . /जीआइआर सं . /PAN/GIR No. : AAACV 4561G (अपीलाथȸ /Appellant) .. (ू×यथȸ / Respondent) अपीलाथȸ ओर से/ Assesseet by: Shri Deepak Tralshawala ू×यथȸ कȧ ओर से/Revenue by : Shri A.P. Singh सुनवाई कȧ तारȣख / Date of Hearing :06.12.2012 घोषणा कȧ तारȣख /Date of Pronouncement : 12.12.2012 7108 & 7109/M/11 आदे श / O R D E R PER BENCH This set of cross appeals consisting of two appeals filed by the assessee and the two appeals filed by the Revenue are directed against the very same orders of Ld. CIT(A)-3 dt. 01.8.2011 for assessment years 2007-08 & 2008-09. As ground No.1 of both assessee's appeals involved common issues and ground No. 2 of Revenue's appeal is covered by the decision of the Tribunal in assessee's own case, therefore, all these appeals are taken up together and dispose of the same by this common order for the sake of convenience and brevity.