MRS Realty Pvt. Ltd., , Kolkata V. ITO, Ward - 9(1), Kolkata , Kolkata

ITA 1243/KOL/2018

• Counselvise Citation: [2019] 117 COUNSELVISE.COM (IT) 5299 (ITAT-KOLKATA)
• Duration Of Justice: 11 month(s) 9 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 14-05-2019
• Appeal Filed By: Assessee
• Order Result: Allowed
• Bench Allotted: B
• Assessment Year: 2012-2013
• Appeal Filed On: 05-06-2018
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Department Lawyers: PIJUSH MUKHERJEE
• Assessee Lawyers: S M SURANA; NITIN JAGVAYAN

Judgement Text

1 ITA NO. 1243/KOL/2018 MRS REALTY PVT. LTD., AY 2012-13 , B , IN THE INCOME TAX APPELLATE TRIBUNAL B BENCH: KOL KATA ( ) . . , . ' # $% % , '( ) [BEFORE SHRI A. T. VARKEY, JM & DR. A. L. SAINI, A M] I.T.A. NO. 1243/KOL/2018 ASSESSMENT YEAR: 2012-13 MRS REALTY PVT. LTD. (PAN:AAFCM7318H) VS. INCOME-TAX OFFICER, WD-9(1), KOLKATA APPELLANT RESPONDENT DATE OF HEARING 01.01.2019 DATE OF PRONOUNCEMENT 13.03.2019 FOR THE APPELLANT SHRI S. M. SURANA, ADVOCATE & SHR I NITIN JAGVAYAN, FCA FOR THE RESPONDENT SHRI PIJUSH MUKHERJEE, ADDL. CI T, SR. DR. CORRIGENDUM ORDER PER SHRI A.T.VARKEY, JM TRIBUNAL HAS PASSED AN ORDER ON 13.03.2019 IN ITA N O. 1243/KOL/2018 FOR AY 2012- 13. IN THE SAID ORDER SOME INADVERTENT MISTAKES HA VE BEEN CREPT IN THE FOLLOWING MANNER: 1) IN PARA 23 THE TRIBUNAL INADVERTENTLY OBSERVED AS U NDER: APPLYING THE PROPOSITIONS LAID DOWN IN THESE CASE LAWS TO THE FACTS OF THIS CASE, WE ARE INCLINED TO UPHOLD THE ORDER OF THE LD . COMMISSIONER OF INCOME TAX (APPEALS). IN PLACE OF THE ABOVE OBSERVATION IN PARA 23 THE CO RRECT OBSERVATION SHOULD BE READ AS UNDER: APPLYING THE PROPOSITIONS LAID DOWN IN THESE CASE L AWS TO THE FACTS OF THIS CASE, WE ARE INCLINED TO OVERTURN THE DECISION OF L D. COMMISSIONER OF INCOME TAX (APPEALS) AND ALLOW THE APPEAL OF THE ASSESSEE. 2) IN PARA 24 THE TRIBUNAL INADVERTENTLY OBSERVED A S UNDER: 2 ITA NO. 1243/KOL/2018 MRS REALTY PVT. LTD., AY 2012-13 THEREFORE, WE DO NOT WANT TO INTERFERE IN THE IMPU GNED ORDER OF LD. CIT(A) WHICH IS CONFIRMED AND CONSEQUENTLY THE APPEAL OF R EVENUE IS DISMISSED. IN PLACE OF THE ABOVE OBSERVATION IN PARA 24 THE CO RRECT OBSERVATION SHOULD BE READ AS UNDER: THEREFORE, WE ALLOW THE APPEAL OF THE ASSESSEE AND ASSESSEE SUCCEEDS. THIS CORRIGENDUM ORDER FORMS PART OF OUR ORDER PRON OUNCED ON 13.03.2019. SD/- SD/- (DR. A. L. SAINI) (A. T. VARKEY) ACCOUNTANT MEMBER JUDICIAL MEMBER DATED: 14 TH MAY, 2019 JD.(SR.P.S.) COPY OF THE ORDER FORWARDED TO: 1 APPELLANT M/S. MRS REALTY PVT. LTD. 52/5, STRAND ROAD, KOLKATA-700 007. 2 RESPONDENT ITO, WARD-11(2), KOLKATA 3 4 5 CIT(A) -3, KOLKATA (SENT THROUGH E-MAIL) CIT , KOLKATA. DR, KOLKATA BENCHES, KOLKATA (SENT THROUGH E-MAIL) / TRUE COPY, BY ORDER, ASSISTANT REGISTRAR