NRA Iron And Steel Pvt. Ltd. v. Principal Commissioner of Income-tax (Central)-1 - 2020-LL-0204-22

Citation	2020-LL-0204-22
Appellant Name	NRA Iron And Steel Pvt. Ltd.
Respondent Name	Principal Commissioner of Income-tax (Central)-1
Court	SUPREME COURT
Relevant Act	Income-tax
Date of Order	04/02/2020
Judgment	View Judgment
Keyword Tags	condonation of delay • review petition
Bot Summary:	There is delay of 228 days in filing the Review Petition. Considering the averments made in the application seeking condonation, we condone the delay. The basic issue as framed in para 3.4 of the Judgment dated 05.03.2019 was considered in the light of the facts on record. After noting the relevant decisions, the emerging principles were set out in para 11, in the light of which the facts were considered from para 12 onwards. The Appeal was allowed and the order passed by the Assessing 2 Officer was restored. CORAM : HON'BLE MR. JUSTICE UDAY UMESH LALIT HON'BLE MS. JUSTICE INDU MALHOTRA By Circulation UPON perusing papers the Court made the following ORDER The Review Petition is dismissed in terms of the signed order. Pending applications, if any, also stands disposed of.

1 IN SUPREME COURT OF INDIA INHERENT JURISDICTION REVIEW PETITION (CIVIL) NO. [Diary No(s). 41307/2019] in C.A. No.2463/2019 NRA IRON AND STEEL PVT. LTD. Petitioner(s) VERSUS PRINCIPAL COMMISSIONER OF INCOME TAX (CENTRAL) 1 Respondent(s) ORDER Application seeking open court oral hearing is rejected. There is delay of 228 days in filing Review Petition. However, considering averments made in application seeking condonation, we condone delay. basic issue as framed in para 3.4 of Judgment dated 05.03.2019 was considered in light of facts on record. After noting relevant decisions, emerging principles were set out in para 11, in light of which facts were considered from para 12 onwards. Finally, conclusions drawn by Assessing Officer were found to be Signature Not Verified Digitally signed by INDU MARWAH correct and it was found that lower Appellate Authorities Date: 2020.02.05 17:22:26 IST Reason: had erred in interfering with such conclusions. Appeal was, therefore, allowed and order passed by Assessing 2 Officer was restored. We have gone through contents in Review Petition and do not find any substance in submissions raised therein. Consequently, this Review Petition is dismissed. J. (UDAY UMESH LALIT J. (INDU MALHOTRA) NEW DELHI, February 4,2020. 3 ITEM NO.1005 SECTION XIV-A Commissioner of Income-tax RECORD OF PROCEEDINGS REVIEW PETITION (CIVIL) NO. Diary No(s). 41307/2019 in C.A. No.2463/2019 NRA IRON AND STEEL PVT. LTD. Petitioner(s) VERSUS PRINCIPAL COMMISSIONER OF INCOME TAX (CENTRAL) 1 Respondent(s) (IA No. 175951/2019 - APPLICATION FOR LISTING REVIEW PETITION IN OPEN COURT IA No. 175955/2019 - CONDONATION OF DELAY IN FILING REVIEW PETITION) Date : 04-02-2020 These matters were called on for hearing today. CORAM : HON'BLE MR. JUSTICE UDAY UMESH LALIT HON'BLE MS. JUSTICE INDU MALHOTRA By Circulation UPON perusing papers Court made following ORDER Review Petition is dismissed in terms of signed order. Pending applications, if any, also stands disposed of. (INDU MARWAH) (SUMAN JAIN) COURT MASTER ASSISTANT REGISTRAR (Signed order is placed on file) NRA Iron And Steel Pvt. Ltd. v. Principal Commissioner of Income-tax (Central)-1

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