Legal Document View

Unlock Advanced Research with PRISMAI

- Know your Kanoon - Doc Gen Hub - Counter Argument - Case Predict AI - Talk with IK Doc - ...
Upgrade to Premium
[Cites 0, Cited by 9]

Income Tax Appellate Tribunal - Mumbai

Dominion Diamond (India) Pvt. Ltd. ... vs Dcit - 5(1)(2), Mumbai on 17 February, 2017

       IN THE INCOME TAX APPELLATE TRIBUNAL,
              MUMBAI BENCH "K", MUMBAI

   BEFORE SHRI RAJENDRA, ACCOUNTANT MEMBER &
       SHRI AMIT SHUKLA, JUDICIAL MEMBER

                     M.A. No.132/Mum/2016
                    In ITA No.627/Mum/2015
                    Assessment Year: 2010-11

Dominion Diamond (India)            DCIT-5(1)(2),
Pvt. Ltd. (formerly known as        Room No. 568, 5th floor, Aayakar
'Harry Winston Diamond              Bhavan, M. K. Road, Mumbai-
(India) Pvt. Ltd.)                  400 020
             th                Vs.
JE 9010, 9 Floor, Tower-J,
Bharat Diamond Bourse,
BKC,        Bandra     (East),
Mumbai-400 051.
(PAN: AAFCA0652E)
      (Applicant)                       (Respondent)
                                 &
                       M.A. No.05/Mum/2017
                      In ITA No.627/Mum/2015
                      Assessment Year: 2010-11


ACIT-5(1)(2),                      Dominion Diamond (India) Pvt.
Room No. 568, 5th floor,           Ltd. (formerly known as 'Harry
Aayakar Bhavan, M. K. Road,        Winston Diamond (India) Pvt.
Mumbai-400 020              Vs.    Ltd.)
                                   JE 9010, 9th Floor, Tower-J,
                                   Bharat Diamond Bourse, BKC,
                                   Bandra (East), Mumbai-400 051.

     (Applicant)                          (Respondent)

Present for:
Assessee by               : Shri Vipul Soni, AR
Revenue by                : Shri Purushottam Kumar, Sr. DR

Date of Hearing            : 17.02.2017
Date of Pronouncement:     : 17.02.2017

                            ORDER
                                          2                  MA Nos.132/M/2016 & 05/M/2017
                                                           Dominion Diamond (India) Pvt. Ltd.

Per Amit Shukla, Judicial Member:

Both the aforesaid Misc. Applications filed by the assessee as well as by the revenue requesting the Tribunal to amend the ITAT order dated 06.01.2016 as there is mistake apparent from the record.

2. Both the representatives before us submitted that in the heading of the Tribunal order dated 06.01.2016 the Assessment Year has been mentioned as 2009- 10 instead of Assessment Year 2010-11. It was also pointed out that the date of pronouncement of the order is mentioned as 6th January, 2015 instead of 6th January, 2016. Accordingly it was prayed that aforesaid mistakes should be rectified.

3. After perusing the Tribunal's order dated 06.01.2016 we find that there is mistake apparent from record, as pointed out by both the parties. Accordingly, we direct the Assessment Year should be read as AY 2010-11, instead of AY 2009-10; and the date of pronouncement of the order should be read as 6th January, 2016 instead of 6th January, 2015. We order accordingly.

4. Accordingly, both the Misc. applications of assessee and revenue are allowed.

      Sd/-                                                   Sd/-
     (Rajendra)                                           (Amit Shukla)
     ACCOUNTANT MEMBER                                JUDICIAL MEMBER

     Mumbai, Dated: 17.02.2017.

     * JD, Sr. P.S.

     Copy to: The Appellant
             The Respondent
             The CIT, Concerned, Mumbai
             The CIT (A) Concerned, Mumbai
             The DR Concerned Bench


     //True Copy//


                                                      By Order


Dy/Asstt. Registrar, ITAT, Mumbai.

3 MA Nos.132/M/2016 & 05/M/2017

Dominion Diamond (India) Pvt. Ltd.

1. Draft dictated on 17.02.17 Sr.PS

2. Draft placed before author 17.02.17 Sr.PS

3. Draft proposed & placed before JM/AM the second member

4. Draft discussed/approved by JM/AM Second Member

5. Approved Draft comes to the Sr.PS Sr.PS/PS

6. Date of pronouncement Sr.PS

7. File sent to the Bench Clerk Sr.PS

8. Date on which file goes to the Head Clerk

9. Date of dispatch of Order