ACIT, Alwar V. ASHIANA ISPAT LIMITED, Alwar

MA 34/JPR/2017

• Counselvise Citation: [2017] 124 COUNSELVISE.COM (IT) 5589 (ITAT-JAIPUR)
• Duration Of Justice: 2 month(s) 3 day(s)
• Appeal Type: Miscellaneous Application
• Pronouncement Date: 12-05-2017
• Appeal Filed By: Department
• Order Result: Allowed
• Bench Allotted: Not Allotted
• Assessment Year: 2012-2013
• Appeal Filed On: 09-03-2017
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: R A VERMA
• Keywords: Rectification of order

Judgement Text

VK;DJ VIHYH; VF/KDJ.K] T;IQJ U;K;IHB] T;IQJ IN THE INCOME TAX APPELLATE TRIBUNAL, JAIPUR BENCHE S, JAIPUR JH DQY HKKJR] U;KF;D LNL; ,OA JH FOE FLAG ;KNO] YS [KK LNL; DS LE{K BEFORE: SHRI KUL BHARAT, JM & SHRI VIKRAM SINGH YAD AV, AM M.A. NO. 34/JP/2017 (ARISING OUT OF ITA NO. 14/JP/2016 FU/KZKJ.K O'K Z@ ASSESSMENT YEARS : 2012-13. THE ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE-2, ALWAR. CUKE VS. M/S. ASHIANA ISPAT LIMITED, A-1116, RIICO INDUSTRIAL AREA, PHASE-III, BHIWADI, ALWAR. LFKK;H YS[KK LA-@THVKBZVKJ LA-@ PAN NO. AACCA 8749 B VIHYKFKHZ@ APPLICANT IZR;FKHZ@ RESPONDENT JKTLO DH VKSJ LS REVENUE BY : SHRI R.A. VERMA (ADDL.CIT) FU/KZKFJRH DH VKSJ LS@ ASSESSEE BY : NONE LQUOKBZ DH RKJH[K@ DATE OF HEARING : 21.04.2017 ?KKS'K .KK DH RKJH[K@ DATE OF PRONOUNCEMENT : 12/05/2017. ORDER PER SHRI KUL BHARAT, JM : THIS MISCELLANEOUS APPLICATION FILED BY THE REVENU E SEEKING RECTIFICATION OF MISTAKE INTO THE ORDER DATED 29.07.2016. THE LD. DE PARTMENTAL REPRESENTATIVES REITERATED THE SUBMISSIONS AS MADE IN THE MISCELLAN EOUS APPLICATION. HE SUBMITTED THAT THE ORDER IS REQUIRED TO BE RECTIFIED IN ITA N OS. 13 & 14/JP/2016, THE ASSESSMENT YEAR WAS MENTIONED AS 2010-11 INSTEAD OF ASSESSMENT YEAR 2011-12 ON THE PAGE NO. 1 OF THE ORDER. 2. WE HAVE HEARD THE LD. DEPARTMENTAL REPRESENTATIV ES, WE FIND THAT A TYPOGRAPHICAL MISTAKE HAS OCCURRED AT PAGE NO. 1 OF THE ORDER DATED 29 TH JULY, 2016, SAME REQUIRES RECTIFICATION. THEREFORE, THE PAGE N O. 1 SHOULD BE READ AS UNDER:- 2 M.A. NO. 34/JP/2017 M/S ASHIANA ISPAT LIMITED, ALWAR. VK;DJ VIHYH; VF/KDJ.K] T;IQJ U;K;IHB] T;IQJ IN THE INCOME TAX APPELLATE TRIBUNAL, JAIPUR BENCH ES, JAIPUR JH DQY HKKJR] U;KF;D LNL; ,OA JH FOE FLAG ;KNO] YS [KK LNL; DS LE{K BEFORE: SHRI KUL BHARAT, JM & SHRI VIKRAM SINGH YAD AV, AM VK;DJ VIHY LA-@ ITA NO.13 & 14/JP/2016 FU/KZKJ.K O'K Z@ ASSESSMENT YEAR : 2011-12 & 2012-13. THE ACIT, CIRCLE-2, ALWAR. CUKE VS. M/S. ASHIANA ISPAT LIMITED, A-1116, RIICO INDUSTRIAL AREA, PHASE-III, BHIWADI, ALWAR. LFKK;H YS[KK LA-@THVKBZVKJ LA-@ PAN NO. AACCA 8749 B VIHYKFKHZ@ APPELLANT IZR;FKHZ@ RESPONDENT JKTLO DH VKSJ LS@ REVENUE BY : SHRI RAGHUVIR SINGH DAGUR (ADDL. CIT) FU/KZKFJRH DH VKSJ LS@ ASSESSEE BY : SHRI NIRAJ JAIN & SHRI PK MISHRA (C.AS) LQUOKBZ DH RKJH[K@ DATE OF HEARING : 29.07.2016. ?KKS'K .KK DH RKJH[K@ DATE OF PRONOUNCEMENT : 29/07/2016. VKNS'K@ ORDER PER SHRI KUL BHARAT, JM. THESE TWO APPEALS BY THE REVENUE ARE DIRECTED AGAIN ST THE TWO SEPARATE ORDERS OF LD. CIT (APPEALS)-4, JAIPUR DATED 27.10.2 015 PERTAINING TO ASSESSMENT YEAR 2011-12 & 2012-13. THE REVENUE HAS RAISED THE FOLLO WING GROUND OF APPEAL :- ITA NO. 13/JP/2016 : AY 2011-12 : THAT THE LD. CIT (A) HAS ERRED ON THE FACTS & CIRC UMSTANCES OF THE CASE IN DELETING THE ADDITION OF RS. 1,37,59,464/- MADE ON ACCOUNT OF DISALLOWANCE OF COMMISSION PAYMENT MADE TO THE BROKERS. ITA NO. 14/JP/2016 : A.Y. 2012-13 : THAT THE LD. CIT (A) HAS ERRED ON THE FACTS & CIRC UMSTANCES OF THE CASE IN DELETING THE ADDITION OF RS. 1,05,51,090/- MADE ON ACCOUNT OF DISALLOWANCE OF COMMISSION PAYMENT MADE TO THE BROKERS. 3 M.A. NO. 34/JP/2017 M/S ASHIANA ISPAT LIMITED, ALWAR. 3. IN THE RESULT , THE MISCELLANEOUS APPLICATION OF THE REVENUE IS ALL OWED, IN THE TERMS INDICATED HEREINABOVE. ORDER IS PRONOUNCED IN THE OPEN COURT ON FRIDAY, THE 12TH DAY OF MAY 2017. SD/- SD/- FOE FLAG ;KNO ( DQY HKKJR ) (VIKRAM SINGH YADAV) ( KUL BHARAT ) YS[KK LNL;@ ACCOUNTANT MEMBER U;KF;D LNL;@ JUDICIAL MEMBER JAIPUR DATED:- 12/05/2017. POOJA/ VKNS'K DH IZFRFYFI VXZSF'KR@ COPY OF THE ORDER FORWARDED TO: 1. THE APPELLANT- THE ACIT, CIRCLE-2, ALWAR. 2. THE RESPONDENT- M/S. ASHIANA ISPAT LTD., ALWAR. 3. THE CIT(A). 4. THE CIT, 5. THE DR, ITAT, JAIPUR 6. GUARD FILE (MA NO. 34/JP/2017) VKNS'KKUQLKJ@ BY ORDER, LGK;D IATHDKJ@ ASSISTANT. REGISTRAR