Deco De Trend, Sriperambudur V. ITO, CHENNAI

MA 41/CHNY/2011

• Counselvise Citation: [2011] 123 COUNSELVISE.COM (IT) 6345 (ITAT-CHENNAI)
• Duration Of Justice: 1 month(s) 25 day(s)
• Appeal Type: Miscellaneous Application
• Pronouncement Date: 23-05-2011
• Appeal Filed By: Assessee
• Order Result: Allowed
• Bench Allotted: A
• Assessment Year: 2007-2008
• Appeal Filed On: 28-03-2011
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Department Lawyers: K E B RENGARAJAN JR
• Assessee Lawyers: T BANUSEKAR
• Section: 234B

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL CHENNAI BENCH A : CHENNAI [BEFORE DR. O.K. NARAYANAN, VICE-PRESIDENT AND SHRI HARI OM MARATHA, JUDICIAL MEMBER] M.P.NO.41/MDS/2011 [IN I.T.A NO. 1043/MDS/2010] ASSESSMENT YEAR : 2007-08 M/S DECO DE TREND 5 TH FLOOR, NELSON TOWERS NO.117, NELSON MANICKAM ROAD CHENNAI VS THE ITO WARD XIII(2) CHENNAI [PAN AADFD4304P] (PETITIONER) (RESPONDENT) PETITIONER BY : SHRI T.BANUSEKAR RESPONDENT BY : SHRI K.E.B RENGARAJAN, JR. STANDING COUNSEL O R D E R PER HARI OM MARATHA, JUDICIAL MEMBER: THROUGH THIS MISCELLANEOUS PETITION, THE ASSESS EE HAS SOUGHT CORRECTION OF AMOUNTS MENTIONED IN PARAGRAPH 2 AT P AGE 2 [LAST 5 LINES] OF THE TRIBUNAL ORDER IN I.T.A.NO. 1043/MDS/ 2010, FOR ASSESSMENT YEAR 2007-08, DATED 8.9.2010. 2. THE FIGURE OF ` 3,70,52,883/- BEING THE EXPORT PROFIT WILL BE REPLACED BY THE FIGURE ` 11,27,57,353/- AND THE FIGURE RELATING TO NET DEMAND MENTIONED AS ` 1,80,29,871/- WILL BE REPLACED BY MP 41/2011 :- 2 -: ` 5,04,91,404/- WHICH IS INCLUSIVE OF INTEREST OF ` 1,25,25,623/- CHARGED U/S 234B AND ` 627/- CHARGED U/S 234C OF THE ACT. INADVERTENTLY, THE INCLUSIVE INTEREST HAS BEEN WRONGLY MENTIONED AS ` 44,73,573/- CHARGED U/S 234B OF THE ACT. WITH THE ABOVE OBSERV ATION, WE AMEND OUR ORDER ACCORDINGLY. REGARDING THESE TYPOGRAPHIC AL MISTAKES, BOTH THE PARTIES WERE AGREEABLE. 3. IN THE RESULT, THE MISCELLANEOUS PETITION STAND S ALLOWED. ORDER PRONOUNCED IN THE OPEN COURT ON 23.5.2011. SD/- SD/- (DR. O.K. NARAYANAN) VICE-PRESIDENT (HARI OM MARATHA) JUDICIAL MEMBER DATED: 23 RD MAY, 2011 RD : COPY TO: 1. PETITIONER 2. RESPONDENT 3. CIT(A) 4. CIT 5. DR