M/s. Kar Agro Products LLP, Ahmedabad V. The Income Tax Officer, Ward-5(2)(2), Ahmedabad

MA 7/AHD/2019

• Counselvise Citation: [2019] 115 COUNSELVISE.COM (IT) 4679 (ITAT-AHMEDABAD)
• Duration Of Justice: 2 month(s) 11 day(s)
• Appeal Type: Miscellaneous Application
• Pronouncement Date: 18-03-2019
• Appeal Filed By: Assessee
• Order Result: Allowed
• Bench Allotted: A
• Assessment Year: 2012-2013
• Appeal Filed On: 07-01-2019
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Department Lawyers: LALI P JAIN
• Assessee Lawyers: ANUJ SHAH

Judgement Text

, - IN THE INCOME TAX APPELLATE TRIBUNAL AHMEDABAD BENCH SMC BEFORE SHRI RAJPAL YADAV, JUDICIAL MEMBER AND SHRI WASEEM AHMED, ACCOUNTANT MEMBER MISC. APPLICATION NO.07/AHD/2019 IN ./ ITA NO. 3316/AHD/2016 / ASSESSMENT YEAR: 2012-13 M/S.KAR AGRO PRODUCTS LLP 13, PRAGATI SOCIETY NR. VIJAY CROSS ROADS AHMEDABAD. PAN : AAKFK 4899 F VS ITO, WARD-5(2)(2) AHMEDABAD. / (APPELLANT) / (RESPONDENT) ASSESSEE BY : SHRI ANUJ SHAH, AR REVENUE BY : SHRI LALI P. JAIN, SR.DR / DATE OF HEARING : 15/03/2019 /DATE OF PRONOUNCEMENT : 18/ 03/2019 O R D E R PER RAJPAL YADAV, JUDICIAL MEMBER : PRESENT MISC. APPLICATION IS DIRECTED AT THE INSTANCE OF THE ASSE SSEE POINTING OUT APPARENT ERROR IN THE ORDER OF THE TRIBUNAL DATED 5 .10.2018 PASSED IN ITA NO.3316/AHD/2016. 2. IT IS PLEADED IN THE APPLICATION THAT ON PAGE NO .5 AT PARA-6 OF IMPUGNED ORDER, THE TRIBUNAL WHILE TAKING NOTE OF A N AMOUNT IN THE SECOND LAST LINE FROM THE BOTTOM HAS OBSERVED THAT THE EARLIER PURCHASE DEED EXECUTED ON 23.9.2010 WAS FOR RS.17.50 CRORES . THE LD.COUNSEL FOR THE ASSESSEE CONTENDED THIS FIGURE OF RS.17.50 CROR ES TAKEN NOTE BY THE MA NO.07/AHD/2019 - 2 - ITAT IS ACTUALLY RS.17.50 LAKHS. IT IS AN INADVERT ENT MISTAKE WHICH CREPT IN THE ORDER OF THE ITAT. SINCE THIS BEING A TYPO GRAPHICAL MISTAKE, WE RECTIFY THIS FIGURE, WHICH BE READ AS RS.17.50 LAKHS INSTEAD OF RS.17.50 CRORES 3. IN THE RESULT, MISC. APPLICATION OF THE ASSESSEE IS ALLOWED. PRONOUNCED IN THE OPEN COURT ON 18 TH MARCH, 2019. SD/- SD/- (WASEEM AHMED) ACCOUNTANT MEMBER (RAJPAL YADAV) JUDICIAL MEMBER AHMEDABAD; DATED, 18/03/2019