The DCIT, Circle -8, Ahmedabad V. Troikaa Pharamaceuticlas Ltd., Ahmedabad

MA 64/AHD/2009

• Counselvise Citation: [2010] 123 COUNSELVISE.COM (IT) 4600 (ITAT-AHMEDABAD)
• Duration Of Justice: 1 year(s) 1 month(s) 5 day(s)
• Appeal Type: Miscellaneous Application
• Pronouncement Date: 09-04-2010
• Appeal Filed By: Department
• Order Result: Allowed
• Bench Allotted: B
• Assessment Year: 2000-2001
• Appeal Filed On: 04-03-2009
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: NEETA SHAH SRDR
• Assessee Lawyers: BHAWESH SHAH

Judgement Text

IN THE INCOME TAX APPELLLATE TRIBUNAL AHMEDABAD BENCHES B, AHM EDABAD BEFORE S/SHRI MAHAVIR SINGH, J.M.& SH RI A.N.PAHUJA, A.M, M.A.NO.64/AHD/2009 (ARISING OUT ITA NO 2514/AHD/2007 ASST.YEAR.2000-01 MA NO.70/AHD/2009 (ARISING OUT ITA NO.2567/AHD/2007 (ASSESSMENT YEAR: 2000-01 ASSTT. COMMISSIONER OF INCOME-TAX, CIRCLE-8, AHMEDABAD VS. TROIKAA PHARMACEUTICALS LTD. COMMERCE HOUSE, OFF. JUDGES BUNGALOW ROAD, AHMEDABAD-54 PAN NO.AABCT0228K (APPELLANT) (RESPONDENT) (ORIGINAL APPELLANT) (ORIGINAL RESPONDENT) APPELLANT BY : SMT . NEETA SHAH, SR-DR RESPONDENT BY: SHR I BHAWESH SHAH, AR ORDER PER MAHAVIR SINGH, J.M. BY WAY OF THE MISCELLANEOUS APPLICATIONS (MA), THE REVENUE HAS REQUESTED FOR RECTIFICATION OF THE ORDER PASSED BY THE TRIBUNAL IN ITA NO.2514 & 2567/AHD/2007 DATED 31-10-2007. 2. THE ONLY MISTAKE POINTED OUT BY THE REVENUE IN T HE ORDER OF TRIBUNAL IS REGARDING FINAL CONCLUSION, WHEREIN THE ASSESSMENT YEAR IS WRONGLY NOTED AS 2001-02 INSTEAD OF CORRECT ASSESSMENT YEAR 2000-01. THE REVENUE HAS REPRODUCED THE CONCLUDING PARA OF THE TRIBUNAL AS U NDER:- 2. THE HONBLE ITAT HAS DISMISSED THE REVENUE APPE AL IN WHICH BY MISTAKE, THE ASSESSMENT YEAR WAS WRONGLY TYPED AS 2001-02 INSTEAD OF THE CORRECT ASSESSMENT YEAR 2000-01 . THE LAST PARA OF THE ABOVE 2 MENTIONED HONBLE ITATS ORDER EXTRACT PARA OF THE SAID ORDER IS REPRODUCED AS UNDER:- IN THE RESULT, ASSESSEES APPEAL FOR A.Y. 2001-02 STANDS DISMISSED AND APPEAL FOR A.Y. 2004-05 STANDS PARTLY ALLOWED. REVENUES APPEALS FOR ASSESSMENT YEAR 2001-02 STANDS DISMISSE D. NOW, THIS PARA MAY BE READ AS UNDER:- IN THE RESULT, ASSESSEES APPEAL FOR ASSESSMENT YE AR 2000-01 STANDS DISMISSED AND APPEAL FOR ASSESSMENT YEAR 2004-05 ST ANDS PARTLY ALLOWED. REVENUES APPEAL FOR ASSESSMENT YEAR 2000-01 STANDS DISMISSED. 3. IN THE RESULT, REVENUES MAS ARE ALLOWED. ORDER PRONOUNCED IN THE OPEN COURT ON 09/04/010. SD/- SD/- ( A.N.PAHUJA ) ( MAHAVIR SINGH ) ACCOUNTANT MEMBER JUDICIAL MEMBER PLACE: AHMEDABAD. DATE : 09/04/2010 DKP* COPY OF THE ORDER FORWARDED TO :- 1. THE APPELLANT 2. THE RESPONDENT 3. THE CIT CONCERNED 4. THE CIT(A)-XIV, AHMEDABAD 5. THE DR, ITAT, AHMEDABAD 6. GUARD FILE (IN DUPLICATE) BY ORDER, /TRUE COPY/ DR / AR, ITAT, AHMEDABAD