ITO, WD-8(2), KOLKATA, Kolkata V. M/s Nilgiri Mercantiles Pvt. Ltd., Kolkata

MA 42/KOL/2014

• Counselvise Citation: [2014] 124 COUNSELVISE.COM (IT) 2613 (ITAT-KOLKATA)
• Duration Of Justice: 3 month(s) 2 day(s)
• Appeal Type: Miscellaneous Application
• Pronouncement Date: 05-12-2014
• Appeal Filed By: Department
• Order Result: Allowed
• Bench Allotted: A
• Assessment Year: 2006-2007
• Appeal Filed On: 02-09-2014
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Keywords: Tax effect

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL KOLKATA BENCH A KOLKATA BEFORE SHRI MAHAVIR SINGH, JUDICIAL MEMBER AND SHRI SHAMIM YAHYA , ACCOUNTANT MEMBER M. A NO. 42 /KOL/ 2014 (A/O ITA NO.616/KOL/2014) ASSESSMENT YEAR: 2006 - 07 I .T.O. WARD - 8(2), KOLKATA / V/S . M/S NILGIRI MERCANTILES PVT. LTD., 46/C, CHOWRINGHEE ROAD, KOLKATA 700 071 [ PAN NO.AAACN 9317 L ] / APPLI CA NT .. / RESPONDENT / BY APPL IC ANT SHRI PRAKASH NATH BA RAN AL, JCIT, DR / BY RESPONDENT SHRI J.M. THORD, ADVOCATE / DATE OF HEARING 05 - 12 - 2014 / DATE OF PRONOUNCEMENT 05 - 12 - 2014 / O R D E R PER MAHAVIR SINGH , JUDICIAL M EMBER : - BY OF THIS MISCELLANEOUS APPLICATI O N (MA) THE REVENUE HAS REQUESTED FOR RECALLING OF THE ORDER DATED 30 - 04 - 2014 PASSED BY ITAT IN ITA 616/KOL/2012 . 2. AT THE TIME OF HEARING LD. SENIOR DR FAIRLY STATED THAT IN EFFECT THE TRIBUNAL HAS DISMISSED THIS APPEAL BASED ON MISTAKEN FACTS THAT IMMEDIATELY PRECEDING ASSESSMENT YEAR I.E., 2005 - 06, THE REVENUE HAS NOT FILED THIS APPEAL BEFORE TRIBUNAL B UT, IN FACT, A PPEAL BEFORE TRIBUNAL IN AY 2005 - 06 WAS FILED , BUT THE SAME WAS DISMISSED DUE TO LOW TAX EFFECT . B UT IN THIS YEAR , THE TAX EFFECT IS ABOVE PRESCRIBED M.A NO.42/KOL/2014 (A/O ITA NO.616/K/12) ITO WD - 8(2) KOL. V. M/S NILGIRI MERCANTILES PVT. LTD. PAGE 2 LIMIT I.E., RS.4,81,491/ - HENCE, THE TRIBUNAL S ORDER BE RECALLED. TO THIS, LD. COUNSEL FOR THE ASSESSEE C ONCEDED THE POSITION. 3. IN TERM OF THE ABOVE, WE RECALL THE ORDER AND DIRECT THE REGISTRY TO FIX THIS APPEAL IN REGULAR COURSE. THIS MA OF REVENUE IS ALLOWED. 4. IN THE RESULT, MA OF REVENUE IS ALLOWED. ORDER PRONOUNCED IN OPEN COURT ON 05 / 12 /2014 SD/ - SD/ - ( SHAMIM YAHYA ) (MAHAVIR SINGH) ACCOUNTANT MEMBER JUDICIAL MEM BER KOLKATA, *DKP - 05 / 12 /2014 / COPY OF ORDER FORWARDED TO: - 1 . / APPELLANT - ITO, WARD - 8(2), KOLKATA 2 . / RESPONDENT - M/S NILGIRI MERCANTILE PVT. LTD., 46/C CHOWRINGHEE RD.KOL - 71 3 . / CONCERNED CIT 4 . - / CIT (A) 5 . , / DR, ITAT, KOLKATA 6 . / GUARD FILE. BY ORDER/ , /TRUE COPY/ / ,