ACIT, CHENNAI V. M/s. I P Rings Ltd., CHENNAI

MA 42/CHNY/2012

• Counselvise Citation: [2012] 123 COUNSELVISE.COM (IT) 7990 (ITAT-CHENNAI)
• Duration Of Justice: 2 month(s) 19 day(s)
• Appeal Type: Miscellaneous Application
• Pronouncement Date: 25-05-2012
• Appeal Filed By: Department
• Order Result: Allowed
• Bench Allotted: A
• Assessment Year: 1997-1998
• Appeal Filed On: 07-03-2012
• Result in Favour of: Revenue
• Court: TRIBUNAL

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL A BENCH, CHENNAI BEFORE DR. O.K.NARAYANAN, VICE-PRESIDENT AND VIKAS AWASTHY, JUDICIAL MEMBER M.P. NO.42(MDS)/2012 IN ITA NO.1338(MDS)/2010 ASSESSMENT YEAR:1997-98 THE ASSISTANT COMMISSIONER OF INCOME-TAX, COMPANY CIRCLE II(3), CHENNAI. VS. M/S. I.P.RINGS LTD., ARJAY APEX CENTRE, 24, COLLEGE ROAD, CHENNAI-600 006. PAN AAACI0908C. (PETITIONER) (RESPONDENT) PETITIONER BY : SHRI SANTHOSH KUMAR, I RS, JCIT RESPONDENT BY : SHRI SAROJ KUMAR PARIDA, AD VOCATE DATE OF HEARING : 25 TH MAY, 2012 DATE OF PRONOUNCEMENT : 25 TH MAY, 2012 O R D E R PER DR.O.K.NARAYANAN, VICE PRESIDENT FOR THE REASONS STATED IN THE MISCELLANEOUS PETIT ION FILED BY THE REVENUE, THE ORDER OF THE TRIBUNAL DATED 30- 5-2011 IS RECALLED AND ADMITTED ON THE ROLLS OF THE TRIBUNAL FOR FRESH HEARING AND DISPOSAL ON MERITS AND IN ACCORDANCE WI TH LAW. - - MP NO.42 OF 2012 2 2. THE RECALLED APPEAL IS POSTED FOR HEARING ON 14 TH JUNE, 2012. 3. IN RESULT, THIS MISCELLANEOUS PETITION FILED BY THE REVENUE IS ALLOWED ORDERS PRONOUNCED IN THE OPEN COURT AT THE TIME O F HEARING ON FRIDAY, THE 25 TH OF MAY, 2012 AT CHENNAI. SD/- SD/- (VIKAS AWASTHY) (DR. O.K.NARAYANAN) JUDICIAL MEMBER VICE-PRESIDENT CHENNAI, DATED, THE 25 TH MAY, 2012. V.A.P. COPY TO: 1. ASSESSEE 2. DEPARTMENT 3. CIT 4. CIT(A) 5. DR 6. GF.