Jindal Steel & Power Ltd., New Delhi V. DCIT, Hisar

MA 146/DEL/2022

AI Insights

The Miscellaneous Applications (MAs) filed by Jindal Steel & Power Ltd. pertained to corrections in the amounts stated in previous Tribunal orders for the assessment years 2003-04 and 2007-08. The Tribunal acknowledged the need for corrections in MA Nos. 145 and 146, directing the Assessing Officer to verify and amend the amounts accordingly. MA No. 147 was dismissed as it was not pressed by the appellant.

• Counselvise Citation: [2023] 140 COUNSELVISE.COM (IT) 131773 (ITAT-DELHI)
• Duration Of Justice: 10 month(s) 17 day(s)
• Appeal Type: Miscellaneous Application
• Pronouncement Date: 08-05-2023
• Appeal Filed By: Assessee
• Order Result: Allowed
• Bench Allotted: D
• Next Hearing Date: 02-03-2023
• Assessment Year: 2007-2008
• Appeal Filed On: 21-06-2022
• Result in Favour of: Assessee
• Court: TRIBUNAL

Judgement Text

THE INCOME TAX APPELLATE TRIBUNAL DELHIBENCH ‘D’, NEW DELHI Before Sh. C. M. Garg, Judicial Member Dr. B. R. R. Kumar, Accountant Member MA No. 145/Del/2022 (In ITA No. 167/Del/2009: AY 2003-04) Jindal Steel & Power Ltd., Delhi Road, New Delhi Vs. Addl. CIT, Gurgaon (APPELLANT) (RESPONDENT) PAN No. AAACJ7097D MA No. 146/Del/2022 (In ITA No. 2280/Del/2011: AY 2007-08) Jindal Steel & Power Ltd., Delhi Road, New Delhi Vs. DCIT, Hisar (APPELLANT) (RESPONDENT) PAN No. AAACJ7097D MA No. 147/Del/2022 (In ITA No. 2230/Del/2011: AY 2007-08) Jindal Steel & Power Ltd., Delhi Road, New Delhi Vs. ACIT, Hisar (APPELLANT) (RESPONDENT) PAN No. AAACJ7097D Assessee by : Sh. Salil Kapoor, Adv. Ms. Ananya Kapoor, Adv. Revenue by : Sh. Om Parkash, Sr DR Date of Hearing: 03.03.2023 Date of Pronouncement: 09.05.2023 ORDER Per Dr. B. R. R. Kumar, Accountant Member: These Miscellaneous Applications have been filed by the assessee against the order of the Tribunal. MA No. 145, 146, 147/Del/2022 Jindal Steel & Power Ltd 2 MA No. 145/Del/2022: 2. At para No. 54 of the order, the Tribunal held that the ground is infructuous and hence dismissed. The amount of Rs.6,00,000/- be corrected to Rs.6,55,809/- after verification by the AO. MA No. 146/Del/2022: 3. At page No. 96 of the order, the amount of Rs.11,55,71,730/- be corrected to Rs.14,55,71,730/- and the figure of Rs.5,04,78,902/- be corrected to Rs.13,27,70,184/- after verification by the AO. MA No. 147/Del/2022: 4. Dismissed as not pressed. 5. In the result, MA Nos. 145 & 146/Del/2022 are allowed and MA No. 147/Del/2022 is dismissed. Order Pronounced in the Open Court on 09/05/2023. Sd/- Sd/- (C. M. Garg) (Dr. B. R. R. Kumar) Judicial Member Accountant Member Dated: 09/05/2023 *Subodh Kumar, Sr. PS* Copy forwarded to: 1. Appellant 2. Respondent 3. CIT 4. CIT(Appeals) 5. DR: ITAT ASSISTANT REGISTRAR