The ACIT, Circle-2, JAMNAGAR V. Shri Mukesh J. Kankhara, JAMNAGAR

MA 7/RJT/2012

• Counselvise Citation: [2012] 123 COUNSELVISE.COM (IT) 8345 (ITAT-RAJKOT)
• Duration Of Justice: 2 month(s) 20 day(s)
• Appeal Type: Miscellaneous Application
• Pronouncement Date: 25-05-2012
• Appeal Filed By: Department
• Order Result: Allowed
• Bench Allotted: DB
• Assessment Year: 2007-2008
• Appeal Filed On: 06-03-2012
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: MK SINGH
• Assessee Lawyers: J C RANPURA

Judgement Text

, IN THE INCOME TAX APPELLATE TRIBULAL; RAJKOT BENCH, RAJKOT. . .. . . .. . , , , , . .. . . .. . , , , , $ $ $ $ BEFORE SHRI T. K. SHARMA, JM AND SHRI D. K. SRIVAST AVA, AM M.A. NO. 07/RJT/2012 (ARISING OUT OF ORDER IN ITA NO.47/RJT/2011). / ASSESSMENT YEAR 2007-08. THE ASSTT.COMMISSIONER OF INCOME TAX, CIRCLE-2, JAMNAGAR. ( */ APPELLANT) VS. MUKESH J. KANAKHARA, PROP OF: MIRA IMPEX, 10-DIGVIJAY PLOT, JAMNAGAR PAN: AYCPK3899B. +,*/ RESPONDENT - / REVENUE BY SHRI. M. K. SINGH, D.R. /- / ASSESSEE BY SHRI J. C. RANPURA, C.A. - / DATE OF HEARING 04-05-2012 - / DATE OF PRONOUNCEMENT 25 - 05-2012 / / / / ORDER . .. . . . . . , , , , / T. K. SHARMA, J. M. THIS MISCELLANEOUS APPLICATION IS FILED BY THE REVENUE POINTING OUT THAT WHILE DEC IDING THE APPEAL OF ASSESSEE IN ITA NO.47/RJT/2011 DATED 09-09-2011, THE TRIBUNAL O BSERVED THAT BOTH M/S. MIRA IMPEX AND METAL ALLOYS CORPORATION, ARE PROPRIETORY CONCERN OF THE ASSESSEE. THIS OBSERVATION OF ITAT IS FACTUALLY INCORRECT AS METAL ALLOYS CORPORATION IS NOT A PROPRIETORY CONCERN OF THE ASSESSEE BUT IS A PARTNE RSHIP FIRM WHEREIN THE ASSESSEE IS ONE OF THE PARTNERS. THEREFORE, THE DE CISION OF ITAT APPEARS TO BE BASED ON WRONG APPRECIATION OF THE FACTS. 2. AT THE TIME OF HEARING, COUNSEL OF THE ASSESSEE FAIRLY CONCEDED THAT DECISION OF ITAT APPEARS BASED ON WRONG APPRECIATIO N OF THE FACTS. THEREFORE, HE HAS NO OBJECTION IF THE SAID ORDER OF THE TRIBUNAL IS RECALLED FOR DECIDING THE APPEAL OF THE ASSESSEE AFRESH IN ACCORDANCE WITH LA W. MA NO 07/RJT/2012 2 3. IN VIEW OF THE ABOVE, WE RECALL THE DECISION OF TRIBUNAL IN ITA NO.47/RJT/2011 DATED 09-09-2011 AND DIRECT THE REGI STRY TO FIX THE APPEAL OF THE ASSESSEE IN DUE COURSE. RESULTANTLY, THE M.A. OF RE VENUE IS ALLOWED.. THIS ORDER IS PRONOUNCED IN THE OPEN COURT ON THE DATE MENTIONED HEREINABOVE. SD/- SD/- ( .. / D. K. SRIVASTAVA) ( .. / T. K. SHARMA) / ACCOUNTANT MEMBER /JUDICIAL MEMBER 3/ ORDER DATE 25-05-2012. /RAJKOT. - -- - +4 +4 +4 [phone] / COPY OF ORDER FORWARDED TO:- 1. * / APPELLANT-. THE ASSTT. CIT., CIRCLE-2, JAMNAGAR. 2. +,* / RESPONDENT-MUKESH J. KANAKHARA, JAMNAGAR. 3. : /ADDL. CIT, RANGE-2,JAMNAGAR. 4. :- / CIT , JAMNAGAR.(A)-II, RAJKOT. 5. 4 +, , / DR, ITAT, RAJKOT 6. / GUARD FILE. / BY ORDER , ASSTT. REGISTRAR , INCOME TAX APPELLATE TRIBUNAL, RAJKOT.