ASSISTANT COMMISSIONER OF INCOME TAX LARGE TAXPAYER UNIT-1, MUMBAI V. RELIANCE INDUSTRIES LTD, MUMBAI

MA 627/MUM/2019

• Counselvise Citation: [2020] 110 COUNSELVISE.COM (IT) 1852 (ITAT-MUMBAI)
• Duration Of Justice: 10 month(s) 19 day(s)
• Appeal Type: Miscellaneous Application
• Pronouncement Date: 06-11-2020
• Appeal Filed By: Department
• Order Result: Allowed
• Bench Allotted: I
• Assessment Year: 2015-2016
• Appeal Filed On: 17-12-2019
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Keywords: Tax effect

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL I BENCH, MUMBAI BEFORE SHRI MAHAVIR SINGH, VICE PRESIDENT & SHRI N.K. PRADHAN, ACCOUNTANT MEMBER MA NOS. 627 /MUM/2019 ( ASSESSMENT YEARS: 2015-16 ) ACIT, LARGE TAX PAYER UNIT-1, MUMBAI. / VS. RELIANCE INDUSTRIES LTD., MAKER CHAMBERS, IV, 3 RD FLOOR, NARIMAN POINT, MUMBAI - 400021 ./ ./ PAN/GIR NO. : AAACR5055K ( / APPELLANT ) .. ( / RESPONDENT ) / APPELLANT BY : SHRI VIJAY KUMAR SUBRAMANIAN, DR / RESPONDENT BY : SHRI NIMESH VORA / DATE OF HEARING 06/11/2020 !'# / DATE OF PRONOUNCEMENT 06/11/2020 / O R D E R PER MAHAVIR SINGH - VP: AT THE OUTSET, IT IS NOTICED THAT THE TRIBUNAL HA S DISMISSED THE APPEAL OF THE REVENUE BEING A LOW TAX EFFECT CASE AND AMOUNT IN DISPUTE WAS ONLY TO THE EXTENT O F RS. 2,40,400/-. WE NOTED THAT THE APPEAL IS COVERED BY THE CBDT CIRCULAR NO. 17 OF 2019 DATED 08.08.2019. WE FIND NO MISTAKE APPARENT FROM THE RECORD AND EVEN IN THE APPLICATION THE REVENUE COULD NOT POINT OUT HOW THE RE IS A MA NO. 627 /MUM/2019 RELIANCE INDUSTRIES LTD., MUMBAI. - 2 - MISTAKE APPARENT FROM RECORD IN THE ORDER OF THE TR IBUNAL DATED 10.06.2019. HENCE, THE MISCELLANEOUS APPLICA TION OF THE REVENUE IS DISMISSED. 2. IN THE RESULT, THE MA FILED BY THE REVENUE IS DI SMISSED. ORDER PRONOUNCED IN THE OPEN COURT ON 06.11.2020 SD/- SD/- (N.K. PRADHAN) (MAHAVIR SINGH ) ACCOUNTANT MEMBER VICE PRES IDENT MUMBAI, DATED 06 /11/2020 KRK, PS / COPY OF THE ORDER FORWARDED TO : 1. / THE APPELLANT 2. / THE RESPONDENT. 3. & '( ) / THE CIT(A) 4. ) ( ) / CONCERNED CIT 5. ,-. //'( , '(# , & / DR, ITAT, MUMBAI 6. .34 5 / GUARD FILE. / BY ORDER, , / //TRUE COPY// 1. / ( ASST. REGISTRAR) !' #, / ITAT, MUMBAI