ASST. CIT CEN CIR 32, V. FAMILY INVESTMENT P. LTD,

MA 503/MUM/2010

• Counselvise Citation: [2010] 123 COUNSELVISE.COM (IT) 5295 (ITAT-MUMBAI)
• Duration Of Justice: 2 month(s) 1 day(s)
• Appeal Type: Miscellaneous Application
• Pronouncement Date: 13-10-2010
• Appeal Filed By: Department
• Order Result: Allowed
• Bench Allotted: F
• Assessment Year: 2003-2004
• Appeal Filed On: 11-08-2010
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: JI TENDRA YADAV
• Assessee Lawyers: RAJESH GUJARATHI

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL, MUMBAI BENCH F,MUMBAI BEFORE SHRI R.S. SYAL (AM) & SHRI VIJAY PAL RAO (JM ) M.A.NO.503/MUM/2010 (ARISING OUT OF ITA NOS.5925/MUM/2006 & 3115/MUM/20 07) (A.Y. 2003-04) ASST.COMMR. OF INCOME-TAX, CENT.CIR. 32, MUMBAI. VS. M/S. FAMILY INVESTMENT PVT.LTD., F.P. 145, RAM MANDIR ROAD, VILE PARLE (E), MUMBAI-400 057. APPLICANT RESPONDENT APPLICANT BY MR.JITENDRA YADAV. RESPONDENT BY MR. RAJESH GUJARATHI. O R D E R PER R.S. SYAL, AM : BY THIS MISC. APPLICATION, THE APPLICANT REQUIRES THE TRIBUNAL TO RECTIFY CERTAIN MISTAKES WHICH HAVE CREPT IN THE ORD ER OF THE TRIBUNAL IN ITA NOS. 5925/MUM/06 & 3115/MUM/07 PAS SED ON 12- 04-2010. 2. WE HAVE HEARD BOTH THE PARTIES. INASMUCH AS, IN O UR OPINION, CERTAIN MISTAKES APPARENT FROM RECORD HAVE CREPT IN TH E AFOREMENTIONED ORDER OF THE TRIBUNAL. WE, THEREFORE , PROCEED TO RECTIFY THE SAME AS FOLLOWS. MA 503/M/10 FAMILY INVESTMENT P.LTD. 2 3. IN THE CAUSE TITLE OF THE AFOREMENTIONED ORDER, THE EXPRESSION ASSTT. YEAR : 2003-04 & 2004-05 AS APPEARING BELOW THE APPEALS NOS. BE READ AS ASSTT. YEAR : 2003-04 SINCE BOTH TH E APPEALS RELATE TO THE ASSTT. YEAR 2003-04. 4. THE EXPRESSION ITA NO.3155/MUM/2007 APPEARING AS HEADING BELOW PARA-4 AT PAGE-3 OF THE AFOREMENTIONED O RDER BE READ AS ITA NO.3115/MUM/2007. 5. IN THE RESULT THE MISC. APPLICATION IS ALLOWED. ORDER PRONOUNCED ON THE 13TH DAY OF OCTOBER, 2010. SD/- SD/- (VIJAY PAL RAO) (R.S. SYAL) JUDICIAL MEMBER ACCOUNTANT MEMBER MUMBAI, DATED: 13TH OCTOBER , 2010. NG: COPY TO : 1. ASSESSEE. 2. DEPARTMENT. 3 CIT(A)-VIII,,MUMBAI. 4 CIT,CENTRAL,MUMBAI. 5.DR,F BENCH,MUMBAI. 6. MASTER FILE. (TRUE COPY) BY ORDER, ASST. REGISTRAR,ITAT, MUMBAI. MA 503/M/10 FAMILY INVESTMENT P.LTD. 3 DETAILS DATE INITIALS DESIGNATION 1 DRAFT DICTATED ON 08-10- 10 SR.PS/ 2 DRAFT PLACED BEFORE AUTHOR 11-10- 10 SR.PS/ 3 DRAFT PROPOSED & PLACED BEFORE THE SECOND MEMBER JM/AM 4 DRAFT DISCUSSED/APPROVED BY SECOND MEMBER JM/AM 5. APPROVED DRAFT COMES TO THE SR.PS/PS SR.PS/ 6. KEPT FOR PRONOUNCEMENT ON SR.PS/ 7. FILE SENT TO THE BENCH CLERK SR.PS/ 8 DATE ON WHICH THE FILE GOES TO THE HEAD CLERK 9 DATE OF DISPATCH OF ORDER *