RMG Benefit Fund Ltd., CHENNAI V. ACIT Central Circle 2(1), CHENNAI

MA 74/CHNY/2019

• Counselvise Citation: [2019] 117 COUNSELVISE.COM (IT) 2630 (ITAT-CHENNAI)
• Duration Of Justice: 2 month(s) 5 day(s)
• Appeal Type: Miscellaneous Application
• Pronouncement Date: 07-06-2019
• Appeal Filed By: Assessee
• Order Result: Allowed
• Bench Allotted: A
• Assessment Year: 2013-2014
• Appeal Filed On: 01-04-2019
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Department Lawyers: S NATARAJA IRS
• Assessee Lawyers: G BASKAR

Judgement Text

, , IN THE INCOME TAX APPELLATE TRIBUNAL A BENCH : CHENNAI . . . , , [BEFORE SHRI N.R.S. GANESAN, JUDICIAL MEMBER AND SHRI INTURI RAMA RAO, ACCOUNTANT MEMBER ] M.P.NO.74/CHNY/2019 (IN ./I.T.A. NO.1077/CHNY/2018 AND C.O.NO.77/CHNY/2018) ! / ASSESSMENT YEAR : 2013-2014. M/S. RMG BENEFIT FUND LTD, NO.38, JEENIS ROAD, SAIDAPET, CHENNAI 600 015. [PAN AAACR 5172K] VS. THE ASSISTANT COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE 2(1) CHENNAI 600 034. (PETITIONER) ( /RESPONDENT) PETITIONER BY : SHRI. G. BASKAR, ADVOCATE RESPONDENT BY : SHRI. S. NATARAJA, IRS, JCIT. ' # $ % /DATE OF HEARING : 07-06-2019 &'! $ % /DATE OF PRONOUNCEMENT : 07-06-2019 / O R D E R PER INTURI RAMA RAO, ACCOUNTANT MEMBER THE PRESENT MISCELLANEOUS PETITION IS FILED BY THE ASSESSEE NAMELY M/S. RMG BENEFIT FUND LTD ON THE GROUND THAT THERE IS AN ERROR IN THE ORDER OF THIS TRIBUNAL DATED 27.02.201 9. 2. THE COUNSEL FOR THE PETITIONER SUBMITTED THAT I N THE IMPUGNED ORDER PASSED BY THIS TRIBUNAL ON 27.02.2019, IT HAS BEEN STATED THAT M.P. NO.74/CHNY/2019. :- 2 -: ARULMIGU MEENAKSHI AMMAN COLLEGE OF ENGINEERING (AM ACE) AND SHRI. MUTHUKUMARAN MEDICAL COLLEGE (SMMC) ARE DIVI SIONS OF ASSESSEE COMPANY. BUT THE FACT REMAINS THAT THESE INSTITUTIONS WERE DIVISIONS OF MUTHUKUMARAN EDUCATIONAL TRUST. THUS , IT IS SUBMITTED THAT CORRIGENDUM MAY BE ISSUED TO THIS EFFECT. 3. WE HEARD THE RIVAL SUBMISSIONS, PERUSED THE MISCELL ANEOUS PETITION AND THE IMPUGNED ORDER. AS SUBMITTED THE C OUNSEL FOR THE PETITIONER, IN PARA 9 OF THE IMPUGNED ORDER, IT IS TO BE READ AS FOLLOW: ARULMIGU MEENAKSHI AMMAN COLLEGE OF ENGINEERING (AMACE) AND SHRI MUTHUKUMARAN MEDICAL COLLEGE (SMMC) ARE DIVISIONS OF MUTHUKUMARAN EDUCATIO NAL TRUST IN PLACE OF RESPONDENT-ASSESSEE. 4. WITH THE OBSERVATION, THE MISCELLANEOUS PETITION F ILED BY THE ASSESSEE STANDS ALLOWED. ORDER PRONOUNCED IN THE OPEN COURT ON 7 TH DAY OF JUNE, 2019 AT CHENNAI. SD/- SD/- ( . . . ) (N.R.S. GANESAN) /JUDICIAL MEMBER ( ) (INTURI RAMA RAO) /ACCOUNTANT MEMBER ( # / CHENNAI ) / DATED:7TH JUNE, 2019. KV $ +%,- .-!% / COPY TO: 1 . /0 / APPELLANT 3. ' 1% () / CIT(A) 5. -4 +%5 / DR 2. +6 /0 / RESPONDENT 4. ' 1% / CIT 6. 7 8# / GF M.P. NO.74/CHNY/2019. :- 3 -: