Deputy Commissioner of Income-Tax, Circle-3(1), Visakhapatnam V. Sri Krishna Shipping Corporation, Visakhapatnam

MA 22/VIZ/2023

AI Insights

The case involves the Assistant Commissioner of Income Tax, Circle-3(1), Range 2, Visakhapatnam (Appellant) against Sri Krishna Shipping Corporation, Visakhapatnam (Respondent). The revenue filed miscellaneous applications (M.A) concerning an earlier Tribunal order dated 17.03.2022 for the Assessment Years 2018-19 and 2019-20, but filed them late by 194 days. The primary legal issue was the maintainability of the late-filed M.A under the Income Tax Act, 1961. The Tribunal, referencing section 254(2) of the Act, dismissed the applications as they were filed beyond the permissible six-month period post the original order.

• Counselvise Citation: [2023] 140 COUNSELVISE.COM (IT) 135856 (ITAT-VISAKHAPATNAM)
• Duration Of Justice: 5 month(s) 13 day(s)
• Appeal Type: Miscellaneous Application
• Pronouncement Date: 26-09-2023
• Appeal Filed By: Department
• Order Result: Dismissed
• Bench Allotted: DB
• Next Hearing Date: 21-09-2023
• Assessment Year: 2018-2019
• Appeal Filed On: 12-04-2023
• Laws Referred To: Income Tax Act, 1961
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Section: 254(2)

Judgement Text

आयकरअपीलीयअधिकरण, धिशाखापटणम पीठ, धिशाखापटणम IN THE INCOME TAX APPELLATE TRIBUNAL, VISAKHAPATNAM BENCH, VISAKHAPATNAM श्री द ु व्वूरु आर एल रेड्डी, न्याधयक सदस्य एिं श्री एस बालाकृ ष्णन, लेखा सदस्य के समक्ष BEFORE SHRI DUVVURU RL REDDY, HON’BLE JUDICIAL MEMBER & SHRI S BALAKRISHNAN, HON’BLE ACCOUNTANT MEMBER M.A.No.22/Viz/2023 & 24/Viz/2023 (Arising out of I.T.A.No.201/Viz/2021 & 202/Viz/2021) (ननधधारण वर्ा / Assessment Year : 2018-19 & 2019-20) Asst.Commissioner of Income Tax Circle-3(1) Range 2, Visakhapatnam Vs. Sri Krishna Shipping Corporation Visakhapatnam [PAN : AAPFS8946Q] (अपीलार्थी/ Appellant) (प्रत्यर्थी/ Respondent) अपीलधथी की ओर से/ Appellant by : Shri I.Kama Sastry, AR प्रत्यधथी की ओर से / Respondent by : Shri Madhukar Aves, DR सुनवधई की तधरीख / Date of Hearing : 22.09.2023 घोर्णध की तधरीख/Date of Pronouncement : 27.09.2023 आदेश /O R D E R Per Shri Duvvuru RL Reddy, Judicial Member : These miscellaneous applicatons (M.A) are filed by the revenue to consider an issue arising out of an order passed by the Tribunal in I.T.A.No.201 &202/Viz/2022 dated 17.03.2022 for the Assessment Year (A.Y.)2018-19 and 2019-20 with the delay of 194 days. 2. The Ld.AR submitted that the M.A. filed by the revenue is time- barred, hence not maintainable. 3. We have heard both the parties and perused the material available on record. In the instant case, order of the Tribunal was passed on 2 M.A. No.22 & 24 /Viz/2023, A.Y.2018-19 & 2019-20 Sri Krishna Shipping Corporation, Visakhapatnam 17.03.2022 and the revenue ought to have filed miscellaneous applications within six months from the date of order of the Tribunal i.e. on or before 16.09.2022, but the revenue filed M.A. on 19.04.2023 with the delay of 194 days. As per section 254(2) of the Income Tax Act, 1961 (in short “Act”), the Tribunal cannot entertain the miscellaneous applications filed beyond the limitation period, notwithstanding the fact that the condonation petiton filed / not filed. For clarity and convenience, section 254(2) of the Act is extracted as under : The Appellate Tribunal may, at any time within six months from the end of the month in which the order was passed, with a view to rectifying any mistake apparent from the record, amend any order passed by it under sub-section (1), and shall make such amendment if the mistake is brought to its notice by the assessee or the Assessing Officer In view of the above, the miscellaneous applications filed by the revenue are dismissed in-limine. 4. In the result, miscellaneous applicatons filed by the revenue are dismissed in-limine. Order pronounced in the open court 27 th September, 2023. Sd/- Sd/- (एस बालाकृ ष्णन) (द ु व्वूरु आर.एल रेड्डी) (S.BALAKRISHNAN) (DUVVURU RL REDDY) लेखा सदस्य/ACCOUNTANT MEMBER न्याधयक सदस्य/JUDICIAL MEMBER Dated : 27.09.2023 L.Rama, SPS 3 M.A. No.22 & 24 /Viz/2023, A.Y.2018-19 & 2019-20 Sri Krishna Shipping Corporation, Visakhapatnam आदेश की प्रतितिति अग्रेतिि/Copy of the order forwarded to:- 1. रधजस्व/The Revenue – The Asst.Commissioner of Income Tax, Circle- 3(1), Range 2, Visakhapatnam 2. ननधधाऩरती/ The Assessee– Sri Krishna Shipping Corporation, Flat No.9, Kalyani, Sector-2, MVP Colony, Visakhapatnam 3. The Principal Commissioner of Income Tax, Visakhapatnam 4. नवभधगीय प्रनतनननध, आयकर अपीलीय अनधकरण, नवशधखधपटणम / DR,ITAT, Visakhapatnam 5..गधर्ा फ़धईल / Guard file आदेशधनुसधर / BY ORDER Sr. Private Secretary ITAT, Visakhapatnam