Nakoda Ltd.,(Previously Known as Nakoda Textile Industries Ltd.), Surat V. The DCIT, Cent. Circle-1, Surat

MA 119/AHD/2013

• Counselvise Citation: [2014] 124 COUNSELVISE.COM (IT) 1565 (ITAT-AHMEDABAD)
• Duration Of Justice: 8 month(s) 13 day(s)
• Appeal Type: Miscellaneous Application
• Pronouncement Date: 07-03-2014
• Appeal Filed By: Assessee
• Order Result: Allowed
• Bench Allotted: A
• Next Hearing Date: 18-02-2014
• Assessment Year: 2005-2006
• Appeal Filed On: 24-06-2013
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Department Lawyers: K C MATHEWS
• Assessee Lawyers: J P SHAH
• Section: 263

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL AHMEDABAD A BENCH BEFORE: SRI D.K TYAGI, JUDICIAL MEMBER AND SHRI N.S. SAINI, ACCOUNTANT M EMBER NAKODA LIMITED A-701, INTERNATIONAL TRADE CENTRE, MAJURA GATE, RING ROAD, SURAT-395002 PAN: AAACN282L (APPELLANT) VS DCIT, CENTRAL CIRCLE-I, SURAT (RESPONDENT) REVENUE BY: SRI K.C. MATHEWS, SR.D.R. ASSESSEE BY: SRI J.P. SHAH, A.R. DATE OF HEARING : 18-02-2014 DATE OF PRONOUNCEMENT : 07-03-20 14 / ORDER PER : D.K. TYAGI, JUDICIAL MEMBER:- THROUGH THIS MA ASSESSEE WANTS US TO RECALL OUR OR DER DATED 10-05- 2013 IN RESPECT OF ITA NO. 864/AHD/2012. MA NO. 119/AHD/2013 (ARISING OUT OF ITA NO. 864/AHD/2012) ASSESSMENT YEAR 2005-06 MA NO. 119/AHD/2013 (IN I.T.A NO.864/AHD/2012) A.Y. 2005-06 PAGE NO NAKODA LIMITED VS. DCIT 2 2. AFTER HEARING BOTH THE PARTIES AND PERUSING THE RECORD, WE FIND THAT ITA NO. 663/-AHD/2012 & 864/AHD/2012 WERE FIXED FOR HEARING ON 18/04/2013. ITA NO. 663/AHD/2012 WAS AGAINST THE O RDER OF LD. CIT(A) DATED 25-01-2012 WHILE ITA NO. 864/AHD/2012 WAS AGA INST THE ADMINISTRATIVE CIT ORDER PASSED BY HIM UNDER SECTIO N 263 OF THE ACT. THOUGH IN OUR ORDER DATED 10-05-2013, THERE IS MENT ION OF ITA NO. 864/AHD/2013 AT THE CAPTION PAGE BUT IN FACT ONLY I TA NO. 663/AHD/2012 HAS BEEN DISPOSED BY THAT ORDER. THUS THERE IS A M ISTAKE APPARENT FROM RECORD AND THEREFORE OUR ORDER DATED 10-05-2013 IS RECALLED IN RESPECT OF ITA NO. 864/AHD/2012 FOR ITS ADJUDICATION. 3. IN THE RESULT, ASSESSEES MA IS ALLOWED. ORDER PRONOUNCED IN OPEN COURT ON THE DATE MENTIONE D HEREINABOVE AT CAPTION PAGE SD/- SD/- (N.S. SAINI) ( D.K. TYAGI) ACCOUNTANT MEMBER J UDICIAL MEMBER AHMEDABAD : DATED 07/03/2014 AK / COPY OF ORDER FORWARDED TO:- 1. ASSESSEE 2. REVENUE 3. CONCERNED CIT 4. CIT (A) 5. DR, ITAT, AHMEDABAD 6. GUARD FILE. BY ORDER/ , / ,