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

MA 136/KOL/2012

• Counselvise Citation: [2013] 124 COUNSELVISE.COM (IT) 0591 (ITAT-KOLKATA)
• Duration Of Justice: 10 month(s) 3 day(s)
• Appeal Type: Miscellaneous Application
• Pronouncement Date: 21-06-2013
• Appeal Filed By: Assessee
• Bench Allotted: A
• Assessment Year: 2004-2005
• Appeal Filed On: 17-08-2012
• Court: TRIBUNAL

Judgement Text

, A , , IN THE INCOME TAX APPELLATE TRIBUNAL, BENCH- A, KOL KATA [ , ! ! ! ! , ] BEFORE SHRI PRAMOD KUMAR, AM & SHRI MAHAVIR SINGH, JM '' # $ '' # $ '' # $ '' # $ /M.A. NO. 136 (KOL) OF 2012 IN [ $ $ $ $ / ITA NO. 1631(KOL) OF 2010] !#% &' / ASSESSMENT YEAR 2004-05 NATIONAL INSURANCE COMPANY LTD., (PAN-AAACN9967E) # - VERSUS DEPUTY COMMISSIONER OF INCOME - TAX, CIRCLE-6, KOLKATA. ( / APPLICANT ) ( ,-. / RESPONDENT ) / 0 / FOR THE APPLICANT: / SRI S. BHATTACHARYA ,-. / 0 / FOR THE RESPONDENT: / SRI K. N. JANA, SR. DR #1 / 2 /DATE OF HEARING : 21/06/2013 3& / 2 /DATE OF PRONOUNCEMENT : 21/06/2013 4 / ORDER ( ! ! ! ! ,) (MAHAVIR SINGH), JUDICIAL MEMBER : BY THIS MISCELLANEOUS APPLICATION, THE ASSESSEE HAS SOUGHT FOR RESTORATION OF APPEAL DISPOSED OF VIDE TRIBUNALS ORDER DATED 28.10.2010 IN ITA NO.1631/KOL/2010 FOR ASSESSMENT YEAR 2004-05. 2. THE ASSESSEE IS A GOVERNMENT OF INDIA UNDERTAKI NG. THE APPEAL FILED BY THE ASSESSEE WAS DISMISSED AS NOT MAINTAINABLE IN THE ABSENCE OF CLEARANCE FROM THE HIGH POWERED COMMITTEE. IN SUCH CIRCUMSTANCES, THE TRIBUNAL FOL LOWING THE DECISION OF HONBLE SUPREME COURT IN THE CASE OF ONGC VS. COLLECTOR OF CENTRAL EXCISE [104 CTR 31 (SC)] DISMISSED THE APPEAL FOR WANT OF PROPER PERMISSION FROM COD WITH A RIDER THAT IT WILL BE OPEN FOR THE ASSESSEE TO FILE AN APPLICATION FOR REVIVAL OF THE APPEAL, I F COD CLEARANCE IS OBTAINED. 3. THE ASSESSEE IN ITS MISC. APPLICATION SUBMITS T HAT NOW IN VIEW OF HONBLE SUPREME COURT DECISION IN THE CASE OF ELECTRONICS CORPN. OF INDIA VS. UNION OF INDIA [238 CTR 353 (SC)], NO COD IS REQUIRED AND THUS PRAYED FOR RECALLING OF TH E ORDER AND HEARING ON MERITS. 4. AFTER HEARING THE PARTIES AND RESPECTFULLY FOL LOWING THE AFORESAID DECISION OF HONBLE SUPREME COURT IN THE CASE OF ELECTRONICS CORPN. OF INDIA VS. UNION OF INDIA (SUPRA), WE RECALL MA 136/K/2012 NATIONAL INSURANCE COMPANY LTD. AY 04-05 2 OUR ORDER DATED 28/10/2010 FOR HEARING ON MERITS. THE REGISTRY IS DIRECTED TO FIX THE APPEAL FOR HEARING IN DUE COURSE. 5. IN THE RESULT, MISCELLANEOUS APPLICATION OF THE ASSESSEE IS ALLOWED. 4 5 # 6 7 THIS ORDER IS PRONOUNCED IN THE OPEN COURT. SD/- SD/- ( ) ( ! ! ! ! , ) (PRAMOD KUMAR) ACCOUNTANT MEMBER (MAHAVIR SINGH) JUDICIAL MEMBER ( 2 2 2 2 ) DATE: 21 -06-2013 (JD. SR. PS.) 4 / !!' 8'&9 - COPY OF THE ORDER FORWARDED TO: 1. /APPLICANT : NATIONAL INSURANCE COMPANY LIMITED, 3 , MIDDLETON STREET, KOLKATA-700 001. 2 ,-. / THE RESPONDENT : DCIT, CIRCLE-6, KOLKATA. 3 !4# ( ) : THE CIT(A)-, KOLKATA. 4. !4# / THE CIT, KOLKATA- 5 . :!6 !# / DR, ITAT, KOLKATA BENCHES, KOLKATA 6 . GUARD FILE . ,' ! / TRUE COPY, 4# / BY ORDER, ASSISTANT REGISTRAR .