THE ACIT., CENTRAL CIRCLE - 2, Visakhapatnam V. M/s SLC Projects Pvt., Ltd., Visakhapatnam

MA 10/VIZ/2014

• Counselvise Citation: [2014] 124 COUNSELVISE.COM (IT) 2648 (ITAT-VISAKHAPATNAM)
• Duration Of Justice: 1 month(s) 1 day(s)
• Appeal Type: Miscellaneous Application
• Pronouncement Date: 19-12-2014
• Appeal Filed By: Department
• Order Result: Dismissed
• Bench Allotted: DB
• Assessment Year: 2009-2010
• Appeal Filed On: 17-11-2014
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Assessee Lawyers: D KOMALI KRISHNA
• Section: 2

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL, VISAKHAPATNAM BEFORE S/SHRI D.MANMOHAN (VP) & J.SUDHAKAR REDDY, ( AM) M.P. NO. 10/VIZ/2014 (ARISING OUT OF ITA NO. 160/VIZ/2013) ASSESSMENT YEAR : 2009-10 M/S. SLC PROJECTS PVT. LTD., VISAKHAPATNAM VS THE ASST. COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-2, VISAKHAPATNAM [PAN: AAJCS 8616 C] (APPELLANT) (RESPONDENT) APPELLANT BY : SHRI I. KAMASASTRY, AR RESPONDENT BY : SMT. D. KOMALI KRISHNA, DR DATE OF HEARING : 05-12-2014 DATE OF PRONOUNCEMENT : 19-12-2014 O R D E R PER J. SUDHAKAR REDDY, AM : BY THIS MISCELLANEOUS PETITION, REVENUE SUBMITS TH AT A MISTAKE APPARENT FROM THE RECORD AS CREPT IN TO THE ORDER OF THE TRIBUNAL IN M.A.NO. 7/VIZAG/2014 DT. 21-07-2014 PA SSED U/S.254(2) OF THE INCOME TAX ACT (ACT). 2. AFTER HEARING RIVAL CONTENTIONS, WE HOLD THAT TH E MISCELLANEOUS PETITION FILED BY THE DEPARTMENT IS NOT MAINTAINABL E AS THE TRIBUNAL HAS NO POWER TO RECTIFY AN ORDER PASSED U/S.254(2) OF THE ACT. THE POWERS TO RECTIFY THE ORDER ARE GIVEN IN SECTION 25 4(2) OF THE ACT AND THESE ARE RESTRICTED TO ORDERS PASSED U/S.254(1) OF THE ACT. AS ADMITTEDLY THE ORDER FOR WHICH RECTIFICATION IS SOU GHT IS AN ORDER M.P. NO. 10/VIZ/2014 :- 2 -: PASSED U/S.254(2), NO MISCELLANEOUS PETITION CAN BE ENTERTAINED ON THE SAME. IN THE RESULT, THE MISCELLANEOUS PETITION IS REJEC TED. ORDER PRONOUNCED IN THE OPEN COURT ON 19 TH DECEMBER, 2014 SD/- SD/- (D. MANMOHAN) VICE PRESIDENT (J. SUDHAKAR REDDY) ACCOUNTANT MEMBER DATED: 19 TH DECEMBER, 2014 TNMM COPY TO: 1. M/S. SLC PROJECTS PVT. LTD., 50-104-2, PLOT NO.A -20, TPT COLONY, SEETHAMMADARA, VISAKHAPATNAM. 2. THE ASST. COMMISSIONER OF INCOME TAX, CENTRAL CI RCLE-2, VISAKHAPATNAM. 3. THE CIT(A), VISAKHAPATNAM 4. THE CIT, VISAKHAPATNAM 5. DR, ITAT VISAKHAPATNAM