National Insurance Co. Ltd, Kolkata V. DCIT, Circle -6, Kolkata, Kolkata

MA 134/KOL/2012

• Counselvise Citation: [2012] 123 COUNSELVISE.COM (IT) 9412 (ITAT-KOLKATA)
• Duration Of Justice: 1 month(s) 18 day(s)
• Appeal Type: Miscellaneous Application
• Pronouncement Date: 05-10-2012
• Appeal Filed By: Assessee
• Bench Allotted: C
• Assessment Year: 2000-2001
• Appeal Filed On: 17-08-2012
• Court: TRIBUNAL
• Department Lawyers: K N JANA SR DR
• Assessee Lawyers: SANJAY BHATTACHARYA LL B

Judgement Text

, , , IN THE INCOME TAX APPELLATE TRIBUNAL, BEN CH C, KOLKATA () BEFORE , , , , , SMT.DIVA SINGH, JUDICIAL MEMBER. /AND . .. .!' !'!' !'. .. . , #$ SHRI C.D.RAO, ACCOUNTANT MEMBER %% #& %% #& %% #& %% #& ' ' ' ' / M.A.NOS.134 & 135/KOL/2012 A/O ITA NOS . 930 & 931/KOL/2010 &( )*/ ASSESSMENT YEARS : 2000-01 & 2001-02 (,- / APPELLANT ) NATIONAL INSURANCE COMPANY LTD., KOLKATA (PAN: AAACN 9967 E) - & - - VERSUS - . (/0,-/ RESPONDENT ) D.C.I.T., CIRCLE-6, KOLKATA. ,- 1 2 #/ FOR THE APPELLANT: SHRI SANJAY BHATTACHARYA, (LLB, FCA) /0,- 1 2 #/ FOR THE RESPONDENT: SHRI K.N.JANA, SR.(DR) 3&4 1 '$ /DATE OF HEARING : 05.10.2012 5) 1 '$ /DATE OF PRONOUNCEMENT : 05.10.2012. #6 / ORDER ( (( ( . .. .!' !'!' !'. .. . ) )) ), , , , #$ PER SHRI C.D.RAO, AM THE ABOVE MISCELLANEOUS APPLICATIONS HAVE BEEN FILE D BY THE ASSESSEE TO RECALL THE ORDERS OF TRIBUNAL DATED 30.08.2010 VIDE ITA NO S.930&931/KOL/2010 PERTAINING TO A.YRS. 2000-01 AND 2001-02 RESPECTIVELY. 2. AT THE TIME OF HEARING THE LD. COUNSEL APPEARIN G ON BEHALF OF ASSESSEE HAS FILED THE COD APPROVAL DATED 22 ND FEBRUARY, 2011 AND SHOWN ITEM NO.18 TO 20 AND SPECIALLY POINTED OUT SL. NO.18 AND 20 WHEREIN THE COD HAS GIVEN APPROVAL FOR ITA NOS.930& 931/KOL/2010. THEREFORE HE REQUESTED TO RE CALL THE ORDERS OF THIS TRIBUNAL DATED 30.08.2010 FOR FURTHER ADJUDICATION. 2 3. ON THE OTHER HAND, THE LD. DR, APPEARING ON BEHA LF OF THE REVENUE DID NOT HAVE ANY OBJECTION ON PERUSING THE RELEVANT DOCUMENTS. 4. AFTER HEARING THE RIVAL SUBMISSIONS AND ON CAREF UL PERUSAL OF THE COD APPROVAL AS POINTED OUT BY THE LD. AR, WE CONSIDER IT FIT TO RECALL THE ORDERS OF THIS TRIBUNAL DATED 30.08.2010 FOR FRESH HEARING. KEEPING IN VIEW OF THE FACT THAT THIS TRIBUNAL, WHILE DISMISSING THE APPEAL OF ASSESSEE, HAS OBSERV ED AT PARA NO.5.1. WHICH IS AS UNDER :- 5.1. HOWEVER, IF AT A LATER DATE, THE ASSESSEE PRO DUCES THE REQUIRED APPROVAL FROM THE COD, IT WILL BE AT LIBERTY TO REQUEST THE TRIBUNAL FOR RESTORATION OF THESE APPEALS UNDER CONSIDERATION. 4.1. KEEPING IN VIEW OF THE ABOVE WE RECALL OUR OR DERS DATED 30.08.2010. THE REGISTRY IS DIRECTED TO FIX THE CASE FOR HEARING IN DUE COURSE AND WILL INFORM BOTH THE PARTIES. 5. IN THE RESULT THE MISCELLANEOUS APPLICATIONS OF THE ASSESSEE ARE ALLOWED. ORDER PRONOUNCED IN THE OPEN COURT ON 05.10.2012. SD/- SD/- , , , , DIVA SINGH, JUDICIAL MEMBER . .. .!' !'!' !'. .. . , , , , #$ #$ #$ #$ , C.D.RAO, ACCOUNTANT MEMBER. ( (( ('$ '$ '$ '$) )) ) DATE: 05.10.2012. #6 1 /% 7#%)8- COPY OF THE ORDER FORWARDED TO: 1. NATIONAL INSURANCE CO.LTD., 2, MIDDLETON STREET, KO LKATA-700071. 2 D.C.I.T., CIRCLE-6, KOLKATA 3. THE CIT- II, KOLKATA, 4. THE C IT(A)-VI, KOLKATA 5. DR, KOLKATA BENCHES, KOLKATA 0% // TRUE COPY, #6&3/ BY ORDER, DEPUTY /ASST. REGISTRAR , ITAT, KOLKATA BENCHES R.G.(.P.S.) 3