M/s. Transmetal Ltd., Baroda V. The Income tax Officer,Ward-4(4), Baroda

MA 170/AHD/2010

• Counselvise Citation: [2010] 123 COUNSELVISE.COM (IT) 5099 (ITAT-AHMEDABAD)
• Duration Of Justice: 3 month(s) 2 day(s)
• Appeal Type: Miscellaneous Application
• Pronouncement Date: 22-10-2010
• Appeal Filed By: Assessee
• Order Result: Allowed
• Bench Allotted: D
• Assessment Year: 2000-2001
• Appeal Filed On: 20-07-2010
• Result in Favour of: Assessee
• Court: TRIBUNAL

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL D BENCH AHMEDABAD (BEFORE SHRI BHAVNESH SAINI, JM AND D. C. AGRAWAL, AM) M. A. NO.170 AND 171/AHD/2010 (IN ITA NO. 1572 AND 1573/AHD/2008 - A. Y.: 2000-01 AND 2001-02) M/S. TRANSMETAL LTD., ALKAPURI ARCADE, ALKAPURI, BARODA VS THE INCOME TAX OFFICER, WARD 4(4), BARODA PA NO. AABCT 0793 K (APPLICANT) (RESPONDENT) APPLICANT BY SHRI SANJAY R. SHAH, AR RESPONDENT BY SHRI K. MADHUSUDAN, DR O R D E R PER BHAVNESH SAINI, JM: THE LEARNED COUNSEL FOR THE ASSESSEE POINTED OUT THAT WHILE PASSING THE ORDER B Y THE TRIBUNAL DATED 24-03-2010, IN PARA 28 OF THE ORDER, THE TRIBUNAL I NSTEAD OF MENTIONING APPEAL OF THE ASSESSEE IS PARTLY ALLOWED, HAS MEN TIONED APPEAL IS DISMISSED. THE LEARNED DR ALSO SUPPORTED THE CONTE NTION OF THE ASSESSEE. ACCORDINGLY, THE MISTAKE IS CORRECTED AND PARA 28 OF THE ORDER OF THE TRIBUNAL DATED 24-03-2010 WILL BE READ AS I N THE RESULT, THE APPEAL FOR ASSESSMENT YEARS 2000-01 AND 2001-02 FIL ED BY THE ASSESSEE ARE PARTLY ALLOWED. BOTH THE MISC. APPLICATIONS FI LED BY THE ASSESSEE STAND ALLOWED. MA NO.170 AND 171/AHD/2010 (IN ITA NOS. 1572 AND 1573/AHD/2008) M/S. TRANSMETAL LTD. VS ITO , W-4 (4), BARODA 2 2. IN THE RESULT, THE MISC. APPLICATIONS OF THE ASS ESSEE ARE ALLOWED. ORDER PRONOUNCED IN THE OPEN COURT ON 22-10-2010 SD/- SD/- (D. C. AGRAWAL) ACCOUNTANT MEMBER (BHAVNESH SAINI) JUDICIAL MEMBER DATE : 22-10-2010 LAKSHMIKANT/- COPY OF THE ORDER FORWARDED TO: 1. THE APPELLANT 2. THE RESPONDENT 3. THE CIT CONCERNED 4. THE CIT(A) CONCERNED 5. THE DR, ITAT, AHMEDABAD 6. GUARD FILE BY ORDER D Y. REGISTRAR, ITAT, AHMEDABAD