ACIT, CHENNAI V. M/s. Ucal Fuel Systems Ltd., CHENNAI

MA 62/CHNY/2011

• Counselvise Citation: [2011] 123 COUNSELVISE.COM (IT) 6356 (ITAT-CHENNAI)
• Duration Of Justice: 2 month(s) 16 day(s)
• Appeal Type: Miscellaneous Application
• Pronouncement Date: 30-05-2011
• Appeal Filed By: Department
• Order Result: Allowed
• Bench Allotted: C
• Assessment Year: 2002-2003
• Appeal Filed On: 14-03-2011
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: K E B RENGARAJAN JR
• Assessee Lawyers: SAROJ KUMAR

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL CHENNAI BENCH A : CHENNAI [BEFORE DR. O.K. NARAYANAN, VICE-PRESIDENT AND SHRI HARI OM MARATHA, JUDICIAL MEMBER] M.P.NO.62/MDS/2011 [ARISING OUT OF I .T.A NO.2438/MDS/2005 ] ASSESSMENT YEAR : 2002-03 THE ACIT COMPANY CIRCLE III(3) CHENNAI VS M/S UCAL FUEL SYSTEMS LTD RAJEHA TOWERS, DELTA WING UNIT 505, VII FLOOR 177, ANNA SALAI CHENNAI 600 002 [PAN AAACU0541K] (PETITIONER) (RESPONDENT) PETITIONER BY : SHRI K.E.B RENGARAJAN, JR. STANDING COUNSEL RESPONDENT BY : SHRI SAROJ KUMAR O R D E R PER HARI OM MARATHA, JUDICIAL MEMBER: THROUGH THIS MISCELLANEOUS PETITION, T HE REVENUE HAS POINTED OUT A TYPOGRAPHICAL MISTAKE IN THE ORDER PASSED BY THE TRIBUNAL IN I.T.A.NO.2438/MDS/2005, FOR ASSESSMENT YEAR 2002-03 , DATED 24.12.2009. 2. WE HAVE GONE THROUGH THE TRIBUNAL ORDER AND THE SUBMISSIONS OF THE PETITION MADE U/S 254(2) OF THE ACT. WE HAVE FOUND THAT BY OVERSIGHT, IN LINE 3 OF PARA NO.6 AT PAGE 3, THE DECISION OF CO-ORDINATE BENCH, IN I.T.A.NO. 364/2002-03 DATE D 6.8.2004 HAS BEEN MENTIONED INSTEAD OF I.T.A.NO.2800/MDS/2005 DA TED 31.10.2007, MP 62/2011 :- 2 -: FOR ASSESSMENT YEAR 1997-98 . CONSEQUENTLY, WE RECTIFY THIS MISTAKE BY SUBSTITUTING DECISION OF CO-ORDINATE BENCH IN I.T.A.NO.2800/MDS/2005 DATED 31.10.2007, FOR ASSESS MENT YEAR 1997-98 INSTEAD OF I.T.A.NO. 364/02-03 DATED 6.8.2004. 3. IN THE RESULT, THE MISCELLANEOUS APPLICATION STAN DS ALLOWED. ORDER PRONOUNCED IN THE OPEN COURT ON 30..5.2011. SD/- SD/- (DR. O.K. NARAYANAN) VICE-PRESIDENT (HARI OM MARATHA) JUDICIAL MEMBER DATED: 30 TH MAY, 2011 RD : COPY TO: 1. PETITIONER 2. RESPONDENT 3. CIT(A) 4. CIT 5. DR