DCIT, CIRCLE-1, THANE, THANE V. M/S ACE PLASTICS , MUMBAI

MA 392/MUM/2023

AI Insights

The case involves a miscellaneous application by the Deputy Commissioner of Income Tax, Circle -1, Mumbai, seeking to correct an error in the assessment year mentioned in a previous order. The error was in the head note of the order dated 30.11.2022, where the assessment year was incorrectly stated as A.Y. 2011-12 instead of A.Y. 2005-06. The Tribunal acknowledged the mistake and rectified it, ensuring the correct assessment year was recorded in all instances within the order.

• Counselvise Citation: [2023] 140 COUNSELVISE.COM (IT) 301349 (ITAT-MUMBAI)
• Duration Of Justice: 4 month(s) 2 day(s)
• Appeal Type: Miscellaneous Application
• Pronouncement Date: 24-09-2023
• Appeal Filed By: Department
• Order Result: Allowed
• Bench Allotted: SMC
• Next Hearing Date: 17-08-2023
• Assessment Year: 2011-2012
• Appeal Filed On: 22-05-2023
• Result in Favour of: Revenue
• Court: TRIBUNAL

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL, MUMBAI BENCH “SMC”, MUMBAI BEFORE SHRI KULDIP SINGH, JUDICIAL MEMBER MA No.392/M/2023 (Arising out of ITA No.947/M/2022) Assessment Year: 2005-06 Dy. Commissioner of Income Tax, Circle -1, 6 th Floor, Ashar IT Park, Room No.22, B-Wing, Wagle Industrial Estate, Road No.16Z, Thane (West)-401 101 Vs. M/s. ACE Plastics, 19-A, Mira Industrial Estate, Western Express Highway, Mira Road (East), Thane – 401 101 PAN: AAFFA1338Q (Appellant) (Respondent) Present for: Assessee by : None Revenue by : Ms. Mahita Nair, Sr. A.R. Date of Hearing : 18 . 08 . 2023 Date of Pronouncement : 25 . 08 . 2023 O R D E R Per : Kuldip Singh, Judicial Member: Heard : Pursuant to the miscellaneous application filed by the applicant/appellant Dy. Commissioner of Income Tax, Circle -1, Mumbai (hereinafter referred to as the Revenue) mistake apparent on record is ordered to be rectified by mentioning the correct assessment year in the head note of the order dated 30.11.2022 passed in ITA No.947/M/2022 as A.Y. 2005-06 in place of incorrect A.Y. 2011-12 and wherever it occurs in the order (supra). MA No.392/M/2023 (Arising out of ITA No.947/M/2022) M/s. ACE Plastics 2 2. Consequently miscellaneous application filed by the applicant- Revenue is hereby allowed. Order pronounced in the open court on 25.08.2023 Sd/- (KULIP SINGH) JUDICIAL MEMBER Mumbai, Dated: 25.08.2023. * Kishore, Sr. P.S. Copy to: The Appellant The Respondent The CIT, Concerned, Mumbai The DR Concerned Bench //True Copy// By Order Dy/Asstt. Registrar, ITAT, Mumbai.