The ACIT, Circle-1(1)(2), Baroda V. FAG Bearings India Ltd (Noow Schaeffler India Ltd.), Vadodara

MA 246/AHD/2018

• Counselvise Citation: [2019] 117 COUNSELVISE.COM (IT) 1820 (ITAT-AHMEDABAD)
• Duration Of Justice: 8 month(s) 28 day(s)
• Appeal Type: Miscellaneous Application
• Pronouncement Date: 10-06-2019
• Appeal Filed By: Department
• Order Result: Dismissed
• Bench Allotted: I
• Assessment Year: 2002-2003
• Appeal Filed On: 12-09-2018
• Result in Favour of: Assessee
• Court: TRIBUNAL

Judgement Text

MA NO. 246/AHD/2018 ACIT VS FAG BEARING INDIA LTD ASSESSMENT YEAR : 2002-03 PAGE 1 OF 2 IN THE INCOME TAX APPELLATE TRIBUNAL, AHMEDABAD D BENCH, AHMEDABAD [CORAM: PRAMOD KUMAR, VP AND MS. MADHUMITA ROY, JM] MA NO. 246/AHD/2018 ARISING OUT OF ITA NO. 108/AHD/2016 ASSESSMENT YEAR: 2002-03 ASSISTANT COMMISSIONER OF INCOME-TAX ............ ..... APPLICANT CIRCLE 1(1)(2), VADODARA VS FAG BEARING INDIA LIMITED ..........RESPO NDENT (NOW SCHAEFFLER INDIA LTD) PO MANEJA, VADODARA-390 013 [PAN : AAACF 3357 Q] APPEARANCES BY MUDIT NAGPAL, FOR THE APPLICANT NIRMIT MEHTA, FOR THE RESPONDENT DATE OF CONCLUDING THE HEARING : 15.03.2019 DATE OF PRONOUNCEMENT : 10.06.2019 O R D E R PER PRAMOD KUMAR, VP: 1. WHEN THIS RECTIFICATION PETITION WAS CALLED OUT FOR HEARING, LEARNED DEPARTMENTAL REPRESENTATIVE SUBMITTED THAT HE DID N OT WISH TO PRESS THIS PETITION AS THE SAME ISSUE HAS BEEN DEALT WITH BY THE TRIBUNAL, VIDE ORDER DATED 20.12.2018 IN ITA NO. 257/AHD/2017, AND THE PRESENT RECTIFICATION PETITION, DUE TO AN INADVERTENT ERROR, RAISES THE SAME ISSUE AGAIN. 2. LEARNED COUNSEL FOR THE ASSESSEE DOES NOT OPPOSE THE SUBMISSION OF THE LEARNED DEPARTMENTAL REPRESENTATIVE. 3. IN VIEW OF THE ABOVE DISCUSSIONS, THE PRESENT RE CTIFICATION PETITION IS DISMISSED AS WITHDRAWN. PRONOUNCED IN THE OPEN COURT TODAY O N THE 10 TH DAY OF JUNE, 2019 SD/- SD/- MS. MADHUMITA ROY PRAMOD KUMAR (JUDICIAL MEMBER) (VICE P RESIDENT) AHMEDABAD, DATED THE 10 TH DAY OF JUNE, 2019 **BT MA NO. 246/AHD/2018 ACIT VS FAG BEARING INDIA LTD ASSESSMENT YEAR : 2002-03 PAGE 2 OF 2 COPIES TO: (1) THE APPLICANT (2) THE RESPON DENT (3) CIT (4) CIT(A) (5) DR (6) GUARD FILE BY ORDER TRUE COPY TRUE COPY ASSISTANT REGISTRAR INCOME TAX APPELLATE TRIBUNAL AHMEDABAD BENCHES, AHMEDABAD 1. DATE OF DICTATION: ...ORDER PREPARED AS PER THE ONE PAGE MANUSCRIPTS OF HONBLE VP WHICH IS ATTACHED HEREWITH.....10.06.2019............. 2. DATE ON WHICH THE TYPED DRAFT IS PLACED BEFORE T HE DICTATING MEMBER: ... 10.06.2019........ 3. DATE ON WHICH THE APPROVED DRAFT COMES TO THE SR . P.S./P.S.: ..10.06.2019....... 4. DATE ON WHICH THE FAIR ORDER IS PLACED BEFORE TH E DICTATING MEMBER FOR PRONOUNCEMENT: 10.06.2019 5. DATE ON WHICH THE FILE GOES TO THE BENCH CLERK : .... 10.06.2019 ..... 6. DATE ON WHICH THE FILE GOES TO THE HEAD CLERK : . 7. THE DATE ON WHICH THE FILE GOES TO THE ASSISTANT RE GISTRAR FOR SIGNATURE ON THE ORDER : . 8. DATE OF DESPATCH OF THE ORDER: ......