The Dy. CIT., Circle-1(1)(1), Baroda V. Bundy India Limited, Vadodara

MA 154/AHD/2020

• Counselvise Citation: [2022] 104 COUNSELVISE.COM (IT) 2913 (ITAT-AHMEDABAD)
• Duration Of Justice: 2 year(s) 10 day(s)
• Appeal Type: Miscellaneous Application
• Pronouncement Date: 06-09-2022
• Appeal Filed By: Department
• Order Result: Dismissed
• Bench Allotted: D
• Next Hearing Date: 01-09-2022
• Assessment Year: 2011-2012
• Appeal Filed On: 27-08-2020
• Result in Favour of: Assessee
• Court: TRIBUNAL

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL “D” BENCH, AHMEDABAD BEFORE SHRI WASEEM AHMED, ACCOUNTANT MEMBER & Ms. MADHUMITA ROY, JUDICIAL MEMBER M . A. N o. 1 5 4 /A h d/2 02 0 ( I n I TA N o . 7 2 0 /A h d/2 01 7 ) (A s se s s m e n t Y e a r : 2 0 11 - 1 2 ) T h e D e p u t y Co mm is s i on e r o f I nc om e T a x C ir c l e-1( 1 )(1) , V a d od a r a बनाम/ V s . B u ndy In d i a L i mi t ed 2, G I D C, In du s t r ia l Es ta te , Ma kar p u r a , V a do d a r a 39 00 1 0 थायी लेखा सं./जीआइआर सं./P A N / G I R N o . : A A A C B 3 0 3 9 M (अपीलाथ /Appellant) . . ( यथ / Respondent) अपीलाथ ओर से /Appellant by : Shri Atul Pandey, Sr. D.R. यथ क ओर से/Respondent by : Shri S. N. Soparkar, Sr. Advocate स ु नवाई क तार ख / D a t e o f H e a r i ng 02/09/2022 घोषणा क तार ख /D a t e o f P ro n o u nc e me n t 07/09/2022 O R D E R PER Ms. MADHUMITA ROY - JM: The Miscellaneous Application has been filed by the Revenue praying for rectification of the order passed by the Bench on 27.12.2019. According to Revenue, while calculating the disallowance in respect of operating revenue of manufacturing segment @ 1.5%, the Bench has wrongly applied 2% of the same. 2. We have perused the order passed by the bench. The paragraph 7 thereof categorically deals with the percentage of operating revenue on the identical facts - 2 - MA No. 154/Ahd/2020(in ITA No.720/A/17) DCIT vs. Bundy India Ltd. Asst.Year – 2011-12 in case of the assessee in different years and finally applied 2% of the operating revenue of manufacturing segment, which was worked out at Rs.2,20,88,379/- and therefore disallowance was made Rs.10,47,454/- against the assessee in respect of the operating revenue of manufacturing segment. We do not find any error apparent on the face of the record which could at all be prayed for rectification. Hence the Miscellaneous Application is found to be devoid of any merit and thus dismissed. 3. In the result, the Miscellaneous Application filed by the Revenue is dismissed. This Order pronounced in Open Court on 07/09/2022 Sd/- Sd/- (WASEEM AHMED) ( MADHUMITA ROY ) ACCOUNTANT MEMBER JUDICIAL MEMBER Ahmedabad; Dated 07/09/2022 True Copy S. K. SINHA आदेश क त ल प अ े षत/Copy of the Order forwarded to : 1. अपीलाथ / The Appellant 2. यथ / The Respondent. 3. संबं%धत आयकर आय ु 'त / Concerned CIT 4. आयकर आय ु 'त(अपील) / The CIT(A). 5. *वभागीय -त-न%ध, आयकर अपील य अ%धकरण, अहमदाबाद / DR, ITAT, Ahmedabad 6. गाड3 फाईल / Guard file. आदेशान ु सार/ BY ORDER, उप/सहायक पंजीकार (Dy./Asstt.Registrar) आयकर अपील य अ!धकरण, अहमदाबाद / ITAT, Ahmedabadicta tion 13.11.2019Date on which is placed before the Dictating Member 20.11.2019ther Member...ate on which the approved draft comes to the Sr.P.S./P.S ..................