Commissioner of Income Tax (Exemption), Hyderabad V. Kalinga Institute of Industrial Technology (KIIT), Bhubaneswar

MA 21/CTK/2022

AI Insights

The case involves a miscellaneous application by the revenue against the Kalinga Institute of Industrial Technology (KIIT), arising from a previous order by the Income Tax Appellate Tribunal, Cuttack. The application sought to revisit the Tribunal's earlier decision concerning the assessment year 2016-2017. The revenue argued that the assessee had only provided skeleton information to the Assessing Officer (AO), which justified the application of section 263 of the Income Tax Act. However, the Tribunal dismissed the application, stating that no apparent mistake in the record was pointed out that would necessitate a revisitation of the earlier order.

• Counselvise Citation: [2023] 140 COUNSELVISE.COM (IT) 127023 (ITAT-CUTTACK)
• Duration Of Justice: 1 month(s) 18 day(s)
• Appeal Type: Miscellaneous Application
• Pronouncement Date: 12-01-2023
• Appeal Filed By: Department
• Order Result: Dismissed
• Bench Allotted: DB
• Next Hearing Date: 12-01-2023
• Assessment Year: misc
• Appeal Filed On: 24-11-2022
• Result in Favour of: Assessee
• Court: TRIBUNAL

Judgement Text

आयकर अऩीऱीय अधधकरण, कटक न्यायऩीठ,कटक IN THE INCOME TAX APPELLATE TRIBUNAL CUTTACK BENCH CUTTACK श्री जाजज माथन, न्याययक सदस्य एवं श्री अरुण खोड़पऩया ऱेखा सदस्य के समक्ष । BEFORE SHRI GEORGE MATHAN, JUDICIAL MEMBER AND SHRI ARUN KHODPIA, ACCOUNTANT MEMBER Miscellaneous Application No.21/CT K/2 022 (Ar i s i n g o u t o f I T A N o .45/ C T K / 2 0 21) (ननधाारण वषा / Asses s m ent Year :2016-2017) DCIT (Exemptions), Hydedrabad Vs Kalinga Institute of Industrial Technology (KIIT), Plot No.383/384, KIIT Campus-1, Patia, Bhubaneswar-751024 PAN No. :AAATK 3103 C (अऩीऱाथी /Appellant) .. (प्रत्यथी / Respondent) राजस्व की ओर से /Revenue by : Shri S.C.Mohanty, Sr.DR ननधााररती की ओर से /Assessee by None स ु नवाई की तारीख / Date of Hearing : 13/01/2023 घोषणा की तारीख/Date of Pronouncement : 13/01/2023 आदेश / O R D E R Per Bench : This miscellaneous application filed by the revenue is arising out of the order dated 08.04.2022, passed by this Tribunal in ITA No.45/CTK/2021 for the assessment year 2016-2017. 2. None appeared on behalf of the assessee. On the other hand, ld. ld. Sr. DR submitted that only skeleton information was produced before the AO and consequently the order u/s.263 of the Act was liable to be upheld. 3. The miscellaneous application is clearly with a prayer for revisiting the order of the Tribunal and no mistake apparent from the record has been pointed out in this application. Consequently, the miscellaneous application filed by the revenue stands dismissed. MA No.21/CTK/2022 2 4. In the result, this miscellaneous application filed by the revenue is dismissed. Order dictated and pronounced in the open court on 13/01/2023. Sd/- (अरुण खोड़पऩया) (ARUN KHODPIA) Sd/- (जाजज माथन) (GEORGE MATHAN) ऱेखा सदस्य/ ACCOUNTANT MEMBER न्यानयक सदस्य / JUDICIAL MEMBER कटक Cuttack; ददनाांक Dated 13/01/2023 Prakash Kumar Mishra, Sr.P.S. आदेश की प्रनतलऱपऩ अग्रेपषत/Copy of the Order forwarded to : आदेशान ु सार/ BY ORDER, (Assistant Registrar) आयकर अऩीऱीय अधधकरण, कटक/ITAT, Cuttack 1. अऩीऱाथी / The Appellant- DCIT (Exemptions), Hyderabad 2. प्रत्यथी / The Respondent- Kalinga Institute of Industrial Technology (KIIT), Plot No.383/384, KIIT Campus-1, Patia, Bhubaneswar-751024 3. आयकर आय ु क्त(अऩीऱ) / The CIT(A), 4. आयकर आय ु क्त / CIT 5. पवभागीय प्रयतयनधध, आयकर अऩीऱीय अधधकरण, कटक / DR, ITAT, Cuttack 6. गार्ज पाईऱ / Guard file. सत्यापऩत प्रयत //True Copy//