M/s. Rajhans Metals Pvt. Ltd. v. The Asstt. Comm. of Income-tax, Circle–9(3), Mumbai
[Citation -2016-LL-1007-152]
| Citation | 2016-LL-1007-152 |
|---|---|
| Appellant Name | M/s. Rajhans Metals Pvt. Ltd. |
| Respondent Name | The Asstt. Comm. of Income-tax, Circle–9(3), Mumbai |
| Court | ITAT-Mumbai |
| Relevant Act | Income-tax |
| Date of Order | 07/10/2016 |
| Assessment Year | 2007-08 |
| Judgment | View Judgment |
| Keyword Tags | mistake apparent on record • industrial estate • ex parte assessment order |
| Bot Summary: | It has been pleaded in the application that the appeal of the assessee bearing ITA No.596/M/2011 for A.Y. 2007-08 has been decided by this Tribunal along with appeal of the Revenue bearing ITA No.1065/M/2011 vide order dated 10.09.2014; That the assessee in its appeal had taken five grounds of appeal. In the first four grounds, the assessee had agitated the passing of the assessment order under section 144 of the Act whereas in the ground No.5, the assessee has agitated the addition of Rs.3,43,51,585/- on account of G.P. made by the Assessing Officer and further confirmed by the Commissioner of Income Tax up to the extent of Rs.2,06,77,484/-. The grounds of appeal taken by the assessee in its appeal bearing ITA No.596/M/2011 for A.Y. 2007-08 for the sake of convenience are reproduced as under: 1. A perusal of the order dated 10.09.2014 reveals that ground No.5 of the assessee s appeal has remained unadjudicated. We recall the order dated 10.09.14 to the limited extent for the purpose of adjudication of ground No.5 only. The finding of the Tribunal in relation to the ground No.1 to 4 will remain as such as per order dated 10.09.2014. The registry is directed to fix the appeal for adjudication of Ground No.5 on 15.12.16 in regular course. |