M V Electronics , Narasaraopeta V. THE ITO, WARD - 1, Narasaraopeta

MA 5/VIZ/2016

• Counselvise Citation: [2016] 124 COUNSELVISE.COM (IT) 4820 (ITAT-VISAKHAPATNAM)
• Duration Of Justice: 5 month(s) 4 day(s)
• Appeal Type: Miscellaneous Application
• Pronouncement Date: 22-08-2016
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: DB
• Assessment Year: 2006-2007
• Appeal Filed On: 18-03-2016
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: G GURUSAMY
• Assessee Lawyers: A C GANGAIAH
• Keywords: Condonation of delay

Judgement Text

MP NO.2/VIZAG/2016 & M.P. NO.5/VIZAG/2016 MELLACHERUVU RADHIKA, NARASARAOPETA & M.V. ELECTRONICS, NARASARAOPETA 1 , , IN THE INCOME TAX APPELLATE TRIBUNAL, VISAKHAPATNAM BENCH, VISAKHAPATNAM . , . , $ BEFORE SHRI V. DURGA RAO, JUDICIAL MEMBER & SHRI G. MANJUNATHA, ACCOUNTANT MEMBER M.P. NO.2/VIZAG/2016 (ARISING OUT OF ITA NO.473/VIZAG/2014) ( / ASSESSMENT YEAR: 2006-07) MELLACHERUVU RADHIKA, NARASARAOPETA VS. ITO, WARD - 1, NARASARAOPETA [PAN: AFSPM5850R ] ( % / APPELLANT) ( &'% / RESPONDENT) M.P. NO.5/VIZAG/2016 (ARISING OUT OF ITA NO.474/VIZAG/2014) ( / ASSESSMENT YEAR: 2006-07) M.V. ELECTRONICS, NARASARAOPETA VS. ITO, WARD - 1, NARASARAOPETA [PAN: AAJFM0497J ] ( % / APPELLANT) ( &'% / RESPONDENT) / APPELLANT BY : SHRI A.C. GANGAIAH, AR / RESPONDENT BY : SHRI G. GURUSAMY, DR / DATE OF HEARING : 18.8.2016 / DATE OF PRONOUNCEMENT : 22.08.2016 MP NO.2/VIZAG/2016 & M.P. NO.5/VIZAG/2016 MELLACHERUVU RADHIKA, NARASARAOPETA & M.V. ELECTRONICS, NARASARAOPETA 2 / O R D E R PER G. MANJUNATHA, ACCOUNTANT MEMBER: THESE MISCELLANEOUS PETITIONS FILED BY TWO DIFFERE NT ASSESSEES, REQUESTING RECTIFICATION OF COMMON ORDER PASSED BY THIS TRIBUNAL, IN ITA NOS.473 & 474/VIZAG/2014, FOR THE ASSESSMENT YEAR 2 006-07 ARE ADJUDICATED AS UNDER. 2. DURING THE COURSE OF HEARING, THE LD. A.R. FOR T HE ASSESSEE SUBMITTED THAT ON GOING THROUGH THE ORDER PASSED BY THE TRIBUNAL, IT IS NOTICED THAT THERE IS A MISTAKE APPARENT FROM THE F ACE OF THE ORDER IN SO FAR AS WITH REGARD TO NON-CONSIDERATION OF JUDGEMEN T OF HONBLE SUPREME COURT, IN THE CASE OF M.P. STEEL CORPORATIO N VS. COMMISSIONER OF CENTRAL EXCISE IN CIVIL APPEAL NO.4367 OF 2004 D ATED 23.4.2015 FOR EXCLUSION OF ABORTIVE PROCEEDINGS FOR CONDONATION O F DELAY IN FILING APPEAL. IN THE EVENT OF EXCLUSION OF PERIOD BETWEE N 26 TH NOV09 AND 8 TH JUL14, THE APPEAL FILED BY THE ASSESSEE IS WITHIN THE TIME LIMIT PRESCRIBED UNDER THE ACT. THE A.R. FURTHER SUBMITTED THAT THE TRIBUNAL, WHILE DISPOSING OF THE APPEAL HAS NOT CONSIDERED THE JUDG EMENT REFERRED BY THE ASSESSEE WHICH IS SQUARELY APPLICABLE TO THE FA CTS OF THE ASSESSEES MP NO.2/VIZAG/2016 & M.P. NO.5/VIZAG/2016 MELLACHERUVU RADHIKA, NARASARAOPETA & M.V. ELECTRONICS, NARASARAOPETA 3 CASE, WHICH IS MISTAKE APPARENT FROM THE FACE OF TH E ORDER, WHICH NEEDS TO BE RECTIFIED U/S 254(2) OF THE INCOME TAX ACT, 1 961 (HEREINAFTER CALLED AS 'THE ACT'). 3. ON THE OTHER HAND, THE LD. D.R. SUPPORTED THE OR DER OF TRIBUNAL. 4. WE HAVE HEARD BOTH THE PARTIES, PERUSED THE MATER IALS AVAILABLE ON RECORD AND GONE THROUGH THE ORDERS OF THE AUTHOR ITIES BELOW. ON VERIFICATION OF THE ORDER PASSED BY THIS TRIBUNAL, IN ITA NOS.473 & 474/VIZAG/2014 DATED 30.11.2015, WE FIND THAT THE B ENCH HAS GIVEN ITS CATEGORICAL FINDING ON THE ISSUE OF CONDONATION OF DELAY IN FILING THE APPEAL BY THE ASSESSEE. WE FURTHER OBSERVED THAT TH E BENCH HAS CONSIDERED THE JUDGEMENT OF HONBLE SUPREME COURT I N THE CASE OF M.P. STEEL CORPORATION VS. COMMISSIONER OF CENTRAL EXCIS E (SUPRA) AND RECORDED ITS FINDINGS IN PARA-9 OF ITS ORDER. THERE FORE, WE ARE OF THE CONSIDERED VIEW THAT THERE IS NO MISTAKES IN THE OR DER OF TRIBUNAL DATED 30.11.2015, WHICH NEEDS TO BE RECTIFIED U/S 254(2) OF THE ACT. HENCE, WE DISMISS THE MISCELLANEOUS PETITIONS FILED BY THE ASSESSEES. MP NO.2/VIZAG/2016 & M.P. NO.5/VIZAG/2016 MELLACHERUVU RADHIKA, NARASARAOPETA & M.V. ELECTRONICS, NARASARAOPETA 4 5. IN THE RESULT, THE MISCELLANEOUS PETITIONS FILED BY THE ASSESSEES IN M.P. NOS.2 & 5/VIZAG/2016 ARE DISMISSED. THE ABOVE ORDER WAS PRONOUNCED IN THE OPEN COURT ON 22 ND AUG16. SD/- SD/- ( . ) ( . ) (V. DURGA RAO) (G. MANJUNATHA) /JUDICIAL MEMBER /ACCOUNTANT MEMBER ! /VISAKHAPATNAM: % /DATED : 22.08.2016 VG/SPS )! *! /COPY OF THE ORDER FORWARDED TO:- 1. / THE APPELLANT SMT. M. RADHIKA, W/O MVB GUPTA, 9-7-43/11 TOP FLOOR, MV TOWERS, ARUNDALPET, NARASARAOPET-522 601. 2. / THE APPELLANT M.V. ELECTRONICS, C/O M.V. GUPTA , 9-7-43/11, TOP FLOOR, MV TOWERS, ARUNDALPET, NARASARAOPET-522 601. 3. / THE RESPONDENT THE ITO WARD-1, NARASARAOPET 4. + / THE CIT, GUNTUR 5. + ( ) / THE CIT (A), GUNTUR 6. ! . , . , ! / DR, ITAT, VISAKHAPATNAM 7 . / GUARD FILE / BY ORDER // TRUE COPY // 12 . (SR.PRIVATE SECRETARY) . , ! / ITAT, VISAKHAPATNAM