Binaguri Tea Co. Pvt. Ltd., , Kolkata V. DCIT, Circle - 4(1), , Kolkata

MA 127/KOL/2019

• Counselvise Citation: [2019] 116 COUNSELVISE.COM (IT) 7542 (ITAT-KOLKATA)
• Duration Of Justice: 2 month(s) 2 day(s)
• Appeal Type: Miscellaneous Application
• Pronouncement Date: 26-07-2019
• Appeal Filed By: Assessee
• Order Result: Allowed
• Bench Allotted: D
• Assessment Year: 2013-2014
• Appeal Filed On: 24-05-2019
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Department Lawyers: ROBIN CHOWDHURY
• Assessee Lawyers: PUJA SOMANI
• Section: 271(1)(c)

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL D, BENC H KOLKATA BEFORE SHRI S.S. VISWANETHRA RAVI, JM &DR. A.L.SAIN I, AM M.A. NO.127/KOL/2019 (ARISING OUT OF ./ITA NO.2160/KOL/2018) ( / ASSESSMENT YEARS: 2013-14) BINAGURI TEA CO. PVT. LTD. 238A, A.J.C. BOSE ROAD, 4 TH FLOOR, KOLKATA-700020 VS. DCIT, CIRCLE-4(1), KOLKATA ./ ./PAN/GIR NO. : AABCB 1008 P ( /APPELLANT ) .. ( / RESPONDENT ) ASSESSEE BY : PUJA SOMANI, FCA. RESPONDENT BY : SHRI ROBIN CHOWDHURY, ADDL. CIT (D. R.) / DATE OF HEARING : 19/07/2019 /DATE OF PRONOUNCEMENT : 26/07/2019 / O R D E R PER DR. A. L. SAINI: BY WAY OF CAPTIONED APPLICATION, THE ASSESSEE HAS SOUGHT TO POINT OUT THAT MISTAKE APPARENT FROM RECORD WITHIN THE MEANING OF SECTION 254(2) OF THE INCOME TAX ACT, 1961 (IN SHORT THE ACT), HAS CREPT IN THE ORDER OF THE TRIBUNAL DATED 26/04/2019. 2. IN THIS MISCELLANEOUS APPLICATION, THE ASSESSEE HAS POINTED OUT THAT TRIBUNAL COMMITTED AN ERROR IN PARA NO. 10 OF THE ORDER DATE D 26.04.2019 WHEREIN THE TRIBUNAL HAS WRONGLY WRITTEN ASSESSMENT YEAR 2005-0 6 INSTEAD OF ASSESSMENT YEAR 2013-14. PARA NO. 10 OF THE TRIBUNAL ORDER DATED 26 .04.2019 IS REPRODUCED BELOW: 10. RESPECTFULLY FOLLOWING THE ABOVE, WE SET ASID E THE ORDER OF CIT-A AND CANCEL THE PENALTY OF RS. 3,60,499/- LEVIED BY THE AO U/S 271(1)(C) OF THE ACT FOR A.Y 2005-06 . ACCORDINGLY, GROUNDS RAISED BY THE ASSESSEE IN TH E APPEAL FOR THE ASSESSMENT YEAR UNDER CONSIDERATION ARE ALLOWED. BINAGURI TEA CO. PVT. LTD. MA NO.127/KOL/2019 (ARISING OUT OF ITA NO.2160/KOL/ 2018) ASSESSMENT YEAR: 2013-14 P PP PA AA AG GG GE EE E | || | 2 22 2 3. WE RECTIFY THE ABOVE NOTED APPARENT MISTAKE AS F OLLOWS: PARA NO. 10 OF THE ORDER OF THE TRIBUNAL IN ITA NO. 2160/KOL/2018 SHOULD BE READ AS FOLLOWS: 10. RESPECTFULLY FOLLOWING THE ABOVE, WE SET ASID E THE ORDER OF CIT-A AND CANCEL THE PENALTY OF RS. 3,60,499/- LEVIED BY THE AO U/S 271(1)(C) OF THE ACT FOR A.Y 2013-14 . ACCORDINGLY, GROUNDS RAISED BY THE ASSESSEE IN TH E APPEAL FOR THE ASSESSMENT YEAR UNDER CONSIDERATION ARE ALLOWED. 4. IN THE RESULT, THE MISCELLANEOUS APPLICATION OF THE ASSESSEE IS ALLOWED. ORDER IS PRONOUNCED IN THE OPEN COURT ON 26.07. 2019. SD/- ( S.S.VISWANETHRA RAVI ) SD/- (A.L.SAINI) / JUDICIAL MEMBER / ACCOUNTANT MEMBER / DATE: 26/07/2019 ( SB, SR.PS ) COPY OF THE ORDER FORWARDED TO: 1. BINAGURI TEA CO. PVT. LTD. 2. DCIT, CIRCLE-4(1), KOLKATA 3. C.I.T(A)- 4. C.I.T.- KOLKATA. 5. CIT(DR), KOLKATA BENCHES, KOLKATA. 6. GUARD FILE. TRUE COPY BY ORDER ASSIST ANT REGISTRAR ITAT, KOLKA TA BENCHES