M/S. SHREE RAM KRIPA BUILDWELL P. LTD., Jaipur V. DCIT, Jaipur

MA 5/JPR/2012

• Counselvise Citation: [2014] 124 COUNSELVISE.COM (IT) 2102 (ITAT-JAIPUR)
• Duration Of Justice: 2 year(s) 5 month(s) 11 day(s)
• Appeal Type: Miscellaneous Application
• Pronouncement Date: 25-07-2014
• Appeal Filed By: Assessee
• Order Result: Allowed
• Bench Allotted: A
• Assessment Year: 2008-2009
• Appeal Filed On: 13-02-2012
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Department Lawyers: EPASS JAIPUR
• Assessee Lawyers: GULSHAL AGARWAL

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL JAIPUR BENCH: JAIPUR (BEFORE SHRI R.P. TOLANI AND SHRI T.R. MEENA) M.A. NO. 05/JP/2012 (ARISING OUT OF I.T.A. NO. 1076/JP/2011) ASSTT. YEAR-2008-09 PAN NO. AAKCS 1423 N M/S SHREE RAM KRIPA BUILDWELL, THE D.C.I.T. (P) LTD., 1, DAYAL NAGAR, VRS. CIRCLE-6, JAIPUR. GOPAL PURA BYEPASS, JAIPUR. (APPELLANT) (RESPONDENT) ASSESSEE BY :- SHRI VIJAY GOYAL & SHRI GULSHAL AGARWAL. DEPARTMENT BY :- SHRI D.C. SHARMA. DATE OF HEARING : 18/07/2014 DATE OF PRONOUNCEMENT : 25/07/2014 O R D E R PER: T.R. MEENA, A.M. THE ASSESSEE HAS FILED THIS M.A. AGAINST THE ORDER OF THE B BENCH OF ITAT, JAIPUR IN ITA NO. 1076/JP/2011, WHICH WAS PASSE D ON 13/01/2012. 2. IT IS CLAIMED BY THE ASSESSEE THAT THE HONBLE I TAT HAS WRONGLY WRITTEN THE ASSESSEES NAME M/S SHREE RAM KRIPA BUILDCON (P ) LTD. WHEREAS THE ACTUAL NAME OF THE ASSESSEE IS M/S SHREE RAM KRIPA BUILDWELL (P) LTD. LIKEWISE IN PARA 2.15 ON PAGE 26 LINE 2 AND 3, THERE WAS A MISTAKE IN ORDER 2 WHEREIN PERCENTAGE COMPLETION METHOD REQUIRED TO BE REPLACED BY MERCANTILE METHOD IN BOTH THE LINES, WHICH SHOULD BE READ AS M ERCANTILE METHOD IN PLACE OF PERCENTAGE COMPLETION METHOD. ACCORDINGLY, WE ALL OW THE M.A. FILED BY THE ASSESSEE. 3. IN THE RESULT, M.A. APPLICATION OF THE ASSESSEE IS ALLOWED. ORDER PRONOUNCED IN THE OPEN COURT ON 25/07/2014. SD/- SD/- (R.P. TOLANI) (T.R. MEENA) JUDICIAL MEMBER ACCOUNTANT MEMBER JAIPUR, DATED : 25 TH JULY, 2014 * RANJAN COPY FORWARDED TO :- 1. M/S SHREE RAM KRIPA BUILDWELL (P) LTD., JAIPUR. 2. THE DCIT, CIRCLE-6, JAIPUR. 3. THE CIT (A) 4. THE CIT 5. THE D/R GUARD FILE (M.A. NO. 05/JP/2012) BY ORDER, AR ITAT JAIPUR.