ACIT, Coimbatore V. Sri Balaji Real Estates, Pollachi

MA 9/CHNY/2021

• Counselvise Citation: [NaN] 107 COUNSELVISE.COM (IT) 1664 (ITAT-CHENNAI)
• Duration Of Justice: 1 year(s) 4 month(s) 12 day(s)
• Appeal Type: Miscellaneous Application
• Pronouncement Date: 01-07-2022
• Appeal Filed By: Department
• Order Result: Dismissed
• Bench Allotted: A
• Assessment Year: 2012-2013
• Appeal Filed On: 19-02-2021
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Section: 6; 263

Judgement Text

आयकर अपील य अ धकरण, ‘ए’ यायपीठ, चे नई IN THE INCOME TAX APPELLATE TRIBUNAL , ‘A’ BENCH, CHENNAI ी वी. द ु गा राव, या यक सद य एवं ी जी. मंज ु नाथ, लेखा सद य के सम$ BEFORE SHRI V.DURGA RAO, JUDICIAL MEMBER AND SHRI G. MANJUNATHA, ACCOUNTANT MEMBER Misc. Petition N o. 9/ Ch n y/ 2 0 2 1 (In ITA No. 1 2 3 7/ C h n y/ 2 0 1 6) ( नधा रणवष / As s e s s m en t Ye a r : 20 12 - 1 3) The Assistant Commissioner of Income Tax, Non-Corporate Circle-4 Coimbatore. V s M/s. Sri Balaji Real Estate 7, Kuppusamy Street Pollachi-642 001. PA N: A B V F S 1 6 78 J (अपीलाथ /Appellant) ( यथ /Respondent) अपीलाथ क ओरसे/ Appellant by : Mr AR.V. Sreenivasan, Addl.CIT यथ क ओरसे/Respondent by : Mr. D.Anand, Advocate स ु नवाईक तार%ख/D a t e o f h e a r i n g : 01.07.2022 घोषणाक तार%ख /D a t e o f P r o n o u n c e m e n t : 01.07.2022 आदेश / O R D E R PER G.MANJUNATHA, AM: The Revenue has filed present Miscellaneous Application against order of the Tribunal in ITA No.1237/Chny/2016 dated 24.10.2019 and relevant to assessment year 2012-13. 2. The Revenue has narrated facts and mistakes stated to be apparent on record from the order of the Tribunal dated 24.10.2019 and relevant contents of Miscellaneous Application filed by the Revenue are reproduced as under:- 2 Misc.Petition No. 9/Chny/2021 “As regards the issue of quashing the order u/s.263 dated 24.03. 2017 for AY 2012-13 it is noticed that based on the same set of facts, order u/s 263 for AY 2011-12 has been upheld by Hon’ble ITAT (Pease see Para No.19 at Page No.13 of the Tribunals Order) whereas for AY 2Ol2-13, the order u/s 263 has been dismissed (Please see Para No.33 at Page No.20 of the Tribunals Order). This being mistake apparent from record.” 3. We have heard both the parties and considered Miscellaneous Application filed by the Revenue and after considering relevant facts, we find that there is no merit in ground taken by the Revenue to allege that there is a mistake in the order of the Tribunal, which can be rectified u/s.254(2) of the Income Tax Act, 1961. However, what was sought in the said application filed by the Revenue is reviewing decision rendered by the Tribunal in the given facts & circumstances of the case and thus, we are of the considered view that the Revenue has failed to make out a case of mistake apparent on record which can be rectified u/s.254(2) of the Income Tax Act, 1961, and thus, the Miscellaneous Application filed by the Revenue is dismissed. 3 Misc.Petition No. 9/Chny/2021 4. In the result, Miscellaneous Application filed by the Revenue is dismissed. Order pronounced in the open court on 1 st July , 2022 Sd/- Sd/- ( वी.द ु गा राव) (जी.मंज ु नाथ) (V.Durga Rao) (G.Manjunatha) )या यक सद+य /Judicial Member लेखा सद+य / Accountant Member चे)नई/Chennai, .दनांक/Dated 1 st July, 2022 DS आदेश क त2ल3प अ4े3षत/Copy to: 1. Appellant 2. Respondent 3. आयकर आय ु 5त (अपील)/CIT(A) 4. आयकर आय ु 5त/CIT 5. 3वभागीय त न9ध/DR 6. गाड फाईल/GF.