KNIGHT FRANK (I) P.LTD, MUMBAI V. ADDL CIT 2(2), MUMBAI

ITA 2410/MUM/2013

• Counselvise Citation: [2019] 115 COUNSELVISE.COM (IT) 7852 (ITAT-MUMBAI)
• Duration Of Justice: 6 year(s) 3 month(s) 14 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 11-07-2019
• Appeal Filed By: Assessee
• Order Result: Partly Allowed
• Bench Allotted: A
• Assessment Year: 2009-2010
• Appeal Filed On: 28-03-2013
• Result in Favour of: Partly Allowed
• Court: TRIBUNAL
• Section: 143(3); 201

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL MUMBAI BENCHES A , MUMBAI BEFORE SHRI G.S. PANNU (VP ) AND SHRI RAM LAL NEGI (JM) ITA NO. 2410 /MUM/2013 (ASSESSMENT YEAR: 2009 - 10) M/S KNIGHT FRANK (INDIA) PVT. LTD., C/O KALYANIWALLA & MISTRY, ARMY & NAVY BUILDING, 3 RD FLOOR, 148, M.G. ROAD, FORT, MUMBAI - 400001 PAN: AAACK1544J VS. THE ADDL. COMMISSIONER OF INCOME TAX - 2(2), ROOM NO. 548, 5 TH FLOOR, AAYKAR BHAVAN, M.K. MARG, MUMBAI (APPELLANT) (RESPONDENT) & ITA NO. 3256/MUM/2013 (ASSESSMENT YEAR: 2009 - 10) THE DEPUTY COMMISSIONER OF INCOME TAX 2(2), R. NO Z . 545, AAYKAR BHAVAN, M.K. ROAD, MUMBAI VS. M/S KNIGHT FRANK (INDIA) PVT. LTD., PAVILLE HOUSE, NEAR TWIN TOWERS, OFF. VEER SAVARKAR MARG, PRABHADEVI, MUMBAI 400025 PAN: AAACK1544J (APPELLANT) (RESPONDENT) CORRIGENDUM T HE A BENCH OF THE TRIBUNAL HAS DECIDED THE CAPTIONED CROSS APPEAL S PERTAINING TO THE ASSESSMENT YEAR 2009 - 10 VIDE ORDER DATED 18.03.2019 . THE ASSESSEE HAS BRO UGHT TO THE NOTICE OF THE BENCH THAT THE TRIBUNAL HAS WRONGLY MENTIONED THE FIGURE OF INCOME DETERMINED BY THE AO IN ASSESSMENT ORDER PASSED U/S 143(3) OF THE ACT, AT RS. 6,69,00,970/ - AS AGAINST THE CORRECT FIGURE OF RS. 9 ,69,00,970/ - HENCE, T HE ASSESSEE HAS S UBMITTED THAT A CORRIGENDUM MAY BE ISSUED AND THE AFORE SAID MISTAKE APPARENT IN THE ORDER MAY BE RECTIFIED . 2 . CORRIGENDUM - ITA NO 2410 & 3256 /MUM/2013 ASSESSMENT YEAR: 2009 - 10 2. WE HAVE PERUSED THE MATERIAL ON RECORD INCLUDIN G THE ORDER DATED 18.03.2019 PASSED BY THE TRIBUNAL. WE NOTICE THAT IN PARA NO. 2 OF THE SAID ORDER, THE AMOUNT OF INCOME DETERMINED BY THE AO IN THE ASSESSMENT ORDER PASSED U/S 143 (3) HAS WRONGLY BEEN MENTIONED AS RS. 6,69,00,970/ - THEREFORE, I N OUR CO NSIDERED VIEW, THE TYPOGRAPHICAL MISTAKE, WHICH HAS CREPT IN THE SAID ORDER REQUIRES NECESSARY RECTIFICATION . HENCE, B Y WAY OF THIS CORRIGENDUM, W E RECTIFY THE SAID MISTAKE APPARENT IN THE SAID ORDER BY REPLAC ING THE SAME WITH THE CORRECT AMOUNT AS RS. 9,69,00,970/ - APPEARING IN PARA 2 ON PAGE NO. 2 OF THE ORDER. SD/ - SD/ - ( G.S. PANNU ) ( RAM LAL NEGI) VICE PRESIDENT JUDICIAL MEMBER MUMBAI: DATED 11 / 0 7 / 201 9 ALINDRA, PS / COPY OF THE ORDER FORWARDED TO : 1. / THE APPELLANT 2. / THE RESPONDENT 3. ( ) / THE CIT(A) 4. / CIT CONCERNED 5. , , / DR, ITAT, MUMBAI 6. / GUARD FILE / BY ORDER, / (DY./ASSTT.REGISTRAR) , / ITAT, MUMBAI