The ITO, Malappuram V. The Karuvarakundu Service Co-op Bank Ltd, Malappuram

MA 156/COCH/2020

• Counselvise Citation: [2023] 100 COUNSELVISE.COM (IT) 6537 (ITAT-COCHIN)
• Duration Of Justice: 4 year(s) 13 day(s)
• Appeal Type: Miscellaneous Application
• Pronouncement Date: 12-10-2023
• Appeal Filed By: Department
• Order Result: Dismissed
• Bench Allotted: DB
• Next Hearing Date: 10-12-2020
• Assessment Year: 2010-2011
• Appeal Filed On: 29-09-2019
• Result in Favour of: Assessee
• Court: TRIBUNAL

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL COCHIN BENCH, COCHIN Before Shri Sanjay Arora, Accountant Member and Shri Manomohan Das, Judicial Member MPNos. 155to158/Coch/2020 (Arising out of ITA Nos. 402to405/Coch/2020) (Assessment Years:2009-10 to 2012-13) The Income Tax Officer Ward -2, Tirur Tariff Bazar, Towh Hall Tirur, Malapuram 676101 vs. Karuvarakundu Service Co-operative Bank Ltd. Tharish, Karuvarakundu Malappuram 676523 [PAN:AACAT1756H] (Applicant) (Respondent) Assessee by: None Revenue by: Smt. J.M. Jamuna Devi, Sr. D.R. Date of Hearing: 13.10.2023 Date of Pronouncement: 13.10.2023 O R D E R Per: Sanjay Arora, AM These are Miscellaneous Applications (MAs) by the Revenue under section 254(2) of the Income-tax Act, 1961 (‘the Act’) in respect of the order u/s. 254(1) dated 22.3.2017 by the Tribunal disposing the assessee’s captioned appeals qua it’s assessments for assessment years (AYs.) 2009-10 to 2012-13. 2. When the Revenue’s MAs was taken up for hearing, it was found that the same, filed on 30.09.2019, are beyond the time limit, specified u/s.254(2), of six months from the end of the month in which the order sought to be rectified is passed. The same are, accordingly, barred by time and, therefore, dismissed as not maintainable. We decide accordingly. MP Nos. 155 to 158/Coch/2020 KaruvarakunduService Co-operative Bank Ltd. vs. ITO 2 3. In the result, the Revenue’s MAs are dismissed. Order pronounced in the open court on the conclusion of the hearing. Sd/- (Manomohan Das) Sd/- (Sanjay Arora) Judicial Member Accountant Member Cochin; Dated: October 13, 2023 n.p. Copy to: 1. The Applicant 2. The Respondent 3. The Pr. CIT concerned 4. The Sr. DR, ITAT, Cochin 5. Guard File By Order Assistant Registrar ITAT, Cochin