Pepsu Road Transport Corp., Patiala V. ACIT, Patiala

ITA 1162/CHANDI/2009

• Counselvise Citation: [2010] 136 COUNSELVISE.COM (IT) 8441 (ITAT-CHANDIGARH)
• Duration Of Justice: 2 month(s) 7 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 22-02-2010
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: A
• Assessment Year: 2006-2007
• Appeal Filed On: 15-12-2009
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: SUNITA PURI
• Assessee Lawyers: A K JINDAL
• Keywords: Rectification of order
• Section: 143(3)

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL CHANDIGARH BENCH A, CHANDIGARH BEFORE SHRI G. S.PANNU, ACCOUNTANT MEMBER AND MS.SUSHMA CHOWLA, JUDICIAL MEMBER ITA NOS. 1162 & 1163/CHANDI/2009 (A.Y. 2006-07) PEPSU ROAD TRANSPORT CORP., VS. ACIT, CIRCLE PATIALA, NABHA ROAD, PATIALA. PATIALA. PAN: AAACP8577G (APPELLANT) (RESPONDENT) APPELLANT BY : SHRI A.K.JINDAL RESPONDENT BY : SMT.SUNITA PURI O R D E R PER G. S. PANNU, AM : BOTH THESE APPEALS BY THE ASSESSEE ARE DIRECTED AG AINST THE RESPECTIVE ORDER OF THE COMMISSIONER OF INCOME- TAX (A) DATED 30.11.2009 PERTAINING TO ASSESSMENT YEAR 2006 -07. 2. I.T.A.NO.1162/CHD/2009 IS AN APPEAL DIRECTED AGA INST THE ORDER OF THE COMMISSIONER OF INCOME-TAX (A) WHE REBY THE PENALTY IMPOSED BY THE ASSESSING OFFICER U/S 271(1) (C) OF THE INCOME-TAX ACT, 1961 (IN SHORT THE ACT) FOR THE I MPUGNED ASSESSMENT YEAR HAS BEEN UPHELD. 3. I.T.A.NO.1163/CHD/2009 IS AN APPEAL DIRECTED AGA INST THE ORDER OF THE COMMISSIONER OF INCOME-TAX (A) WHE REBY THE 2 ADDITION MADE BY THE ASSESSING OFFICER IN THE ORDER PASSED U/S 143(3) OF THE ACT DATED 23.12.2008 HAS BEEN UPH ELD. 4. IT WAS A COMMON GROUND BETWEEN THE PARTIES THAT BOTH THE APPEALS HAVE BEEN RENDERED INFRUCTUOUS ON ACCOU NT OF RECTIFICATION ORDER PASSED BY THE ASSESSING OFFICER U/S 154/143(3) AND U/S 154/271(1)(C) OF THE ACT DATED 1 4.12.2009 AND 16.12.2009 RESPECTIVELY, COPIES OF WHICH HAVE B EEN PLACED ON RECORD. IN DEFERENCE TO THE COMMON POINT MADE BY THE RIVAL PARTIES, THE CAPTIONED APPEALS ARE DISMISSED AS BEING INFRUCTUOUS. 5. IN THE RESULT, THE APPEALS OF THE ASSESSEE ARE D ISMISSED. ORDER PRONOUNCED IN THE OPEN COURT IN THE PRESENCE OF BOTH THE PARTIES AT THE CONCLUSION OF HEARING ON 22 .02.2010. (SUSHMA CHOWLA) (G.S.PANNU) JUDICIAL MEMBER ACCOUNTANT MEMBER DATED 22 ND FEBRUARY, 2010 *RATI* COPY TO: THE APPELLANT/THE RESPONDENT/THE CIT(A)/THE CIT/THE D R.