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[Cites 1, Cited by 16]

Income Tax Appellate Tribunal - Mumbai

Assistant Commissioner Of Income Tax 1 ... vs Icici Securities Primary Dealership ... on 7 May, 2018

               IN THE INCOME TAX APPELLATE TRIBUNAL
                          "J" Bench, Mumbai

              Before Shri R.C. Sharma, Accountant Member
               and Shri Sandeep Gosain, Judicial Member

                        MA Nos. 892 to 894/Mum/2017
     (Arising out of ITA Nos. 3285 & 3298/Mum/2009 & 7775/Mum/2010)
                           (Assessment Year: 2006-07)

     A C I T - 1(2)(1)                      M/s. ICICI Securities Primary
     Room No. 535, 5th Floor                Dealership Ltd.
     Aayakar Bhavan, M.K. Road        Vs.   (Formerly ICICI Securities Ltd.)
     Mumbai 400020                     ICICI Centre, H.T. Parekh Marg
                                       Churchgate, Mumbai 400020
                             PAN - AAACI0995H
              Appellant                         Respondent

                      Appellant by:     Shri V. Janardhanan
                      Respondent by:    Ms. Krupa R. Gandhi &
                                        Ms. Vidhi Doshi

                      Date of Hearing:       04.05.2018
                      Date of Pronouncement: 07.05.2018

                                 ORDER

Per R.C. Sharma, AM

These miscellaneous applications arise out of the order of the Tribunal dated 20th June, 2017, in respect of ITA Nos. 3285 & 3298?mum/2009 and 7775/Mum/2010,

2. Through these miscellaneous applications it was contended by the learned D.R. that in page No.2 para 6 of the order, the Tribunal has stated that the CIT(A) confirmed only `3,85,35,103/- under Section 36(1)(iii) of the Act. However, the learned CIT(A) has actually confirmed the entire addition made by the AO amounting to `6,87,83,942/-. As per the learned D.R. the above amount has been inadvertently stated through typographical error at Tribunal end.

3. On the other hand, the learned A.R. placed on record the order passed by AO under Section 154 of the Income Tax Act (hereinafter "the 2 MA Nos. 892 to 894/Mum/2017 ICICI Securiteis Primary Dealership Ltd.

Act") dated 05.02.2009, according to which the correct amount of disallowance works out to `3,85,35,103/-. Accordingly it was contended that there is no typographical mistake in the amount so mentioned.

4. We have gone through the miscellaneous applications as well as the order passed by the Tribunal dated 20.06.2017. We have also gone through the order of the AO under Section 154 of the Act dated 05.02.2009 and find that the correct sum of `3,85,35,103/- is considered by the Tribunal in its order and there is no mistake in the order passed by the Tribunal.

5. In the result, the miscellaneous applications filed by Revenue are dismissed.

Order pronounced in the open court on 7th May, 2018.

                   Sd/-                                      Sd/-
             (Sandeep Gosain)                           (R.C. Sharma)
             Judicial Member                         Accountant Member

Mumbai, Dated: 7th May, 2018

Copy to:

     1.   The   Appellant
     2.   The   Respondent
     3.   The   CIT(A) -III, Mumbai
     4.   The   CIT-3, Mumbai
     5.   The   DR, "J" Bench, ITAT, Mumbai
                                                            By Order

//True Copy//
                                                      Assistant Registrar
                                              ITAT, Mumbai Benches, Mumbai
n.p.