M/S COHNREZNICK PROFESSIONAL SERVICES PRIVATE LIMITED, CHENNAI V. DCIT CORPORATE WARD 1 (2), CHENNAI

MA 192/CHNY/2019

• Counselvise Citation: [2019] 115 COUNSELVISE.COM (IT) 6676 (ITAT-CHENNAI)
• Duration Of Justice: 2 month(s) 10 day(s)
• Appeal Type: Miscellaneous Application
• Pronouncement Date: 15-10-2019
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: C
• Assessment Year: 2013-2014
• Appeal Filed On: 05-08-2019
• Result in Favour of: Revenue
• Court: TRIBUNAL

Judgement Text

, , IN THE INCOME TAX APPELLATE TRIBUNAL, C BENCH : CHENNAI , . , [BEFORE SHRI INTURI RAMA RAO, ACCOUNTANT MEMBER AND SHRI DUVVURU RL REDDY , JUDICIAL MEMBER ] M.P.NO.192/CHNY/2019 ( IN !' ./I.T.A. NO.603/CHNY/2018) #$% &$ / ASSESSMENT YEAR : 2013-2014. M/S. COHNREZNICK PROFESSIONAL SERVICES P. LTD, NEW NO.455, OLD NO.313, AMARASRI BUILDING, ANNA SALAI, TEYNAMPET, CHENNAI 600 018. VS. THE DEPUTY COMMISSIONER OF INCOME TAX, CORPORATE WARD 1(2) CHENNAI. [PAN AADCR 4174N] ( / APPELLANT) ( /RESPONDENT) !' '( ) * / APPELLANT BY : NONE +,'( ) * /RESPONDENT BY : MS. R. ANITHA, IRS, JCIT. # - ) . /DATE OF HEARING : 27-09-2019 /0&% ) . /DATE OF PRONOUNCEMENT : 15-10-2019 / O R D E R PER INTURI RAMA RAO, ACCOUNTANT MEMBER THIS MISCELLANEOUS PETITION IS FILED BY THE ASS ESSEE SEEKING RECTIFICATION OF THE IMPUGNED ORDER PASSED BY THIS TRIBUNAL ON 27.03.2019 IN ITA NO.603/CHNY/2018 FOR ASSESSMENT Y EAR 2013-2014. 2. AT THE TIME OF HEARING, NONE APPEARED ON BEHALF OF THE ASSESSEE. FROM THE PERUSAL OF THE MISCELLANEOUS PETITION, ASS ESSEES GRIEVANCE MP NO.192 /2019 :- 2 -: IS THAT THE TRIBUNAL ERRED IN TREATING THE AMOUNT RECEIVED FROM PARENT COMPANY CONSTITUTES INCOME IN THE HANDS OF THE ASSE SSEE. 3. . PER CONTRA, LD. DEPARTMENTAL REPRESENTATIVE SUBMI TTED THAT THERE WAS NO MISTAKES IN THE ORDER OF THE TRIBUNAL. 4. . WE HEARD THE LD. DEPARTMENTAL REPRESENTATIVE, PERUS ED THE MISCELLANEOUS PETITION AND THE IMPUGNED ORDER. THE AVERMENTS MADE IN THE PRESENT PETITION GOES TO SHOW THAT ASSESSEE IS ONLY SEEKING REVIEW OF THE ORDER OF THE TRIBUNAL, WHICH IS NOT PERMISSIBLE UNDER THE JURISDICTION OF SUB SECTION (2) OF SECTION 254 OF THE INCOME TAX ACT, 1961. THUS, THE MISCELLANEOUS PETITION FILED BY THE ASSESSEE STANDS DISMISSED. 5. IN THE RESULT, THE MISCELLANEOUS PETITION FILED BY THE ASSESSEE STANDS DISMISSED. ORDER PRONOUNCED ON 15TH DAY OF OCTOBER, 2019, AT CHENNAI. SD/- SD/- ( . ! ) (DUVVURU RL REDDY) ' # /JUDICIAL MEMBER ( ) (INTURI RAMA RAO) /ACCOUNTANT MEMBER 1 #- / CHENNAI 2# / DATED:15TH OCTOBER, 2019. KV 3 ) +.4 5' !6 5&. / COPY TO: 1 . !' '( / APPELLANT 3. 7. (!' ) / CIT(A) 5. 5 :; +.#< / DR 2. +,'( / RESPONDENT 4. 7. / CIT 6. ;$ =- / GF MP NO.192 /2019 :- 3 -: