SUPERFINE METALS P LTD,AHMEDNAGAR vs. ASSISTANT COMMISSIONER OF INCOME-TAX, CENTRAL CIRCLE 1(2), , PUNE

IN THE INCOME TAX APPELLATE TRIBUNAL PUNE BENCH “A”, PUNE BEFORE SHRI INTURI RAMA RAO, ACCOUNTANT MEMBER AND SHRI S. S. VISWANETHRA RAVI, JUDICIAL MEMBER आयकर अपील सं. / ITA No.635/PUN/2021 िनधा�रण वष� / Assessment Year : 2014-15 Superfine Metals P. Ltd., Vs. ACIT, Central Circle- E-29/E-39, Supa MIDC, 1(2), Pune. Tal. Parner, Ahmednagar- 414302. PAN : AAKCS6038H Appellant Respondent Assessee by : Shri M. K. Kulkarni Ms. J. R. Chandekar Revenue by : Shri Ramnath P Murkunde Date of hearing : 15.11.2022 Date of pronouncement : 29.11.2022 आदेश / ORDER PER INTURI RAMA RAO, AM: This is an appeal filed by the assessee directed against the order of ld. Commissioner of Income Tax (Appeals)-11, Pune [‘the CIT(A)’] dated 16.11.2021 for the assessment year 2014-15. 2. Briefly, the facts of the case are that the appellant is a company incorporated under the provisions of the Companies Act, 1956. The factual background of the case was set out by the ld. CIT(A) vide para 2 and 3 of the impugned order. For the sake of

2 ITA No.635/PUN/2021 brevity of this order, the factual background of the case has not repeated herein. Suffice it to say, the appellant made an application u/s 154 of the Income Tax Act, 1961 (‘the Act’) before the Assessing Officer for the assessment year 2014-15 on 18.02.2021 seeking the additional depreciation in respect of plant and machinery. The said application u/s 154 was dismissed by the Assessing Officer as barred by limitation, as prescribed under the provisions of sub-section 7 of section 154 of the Act. 3. Being aggrieved, an appeal was filed before the ld. CIT(A) who vide impugned order confirmed the action of the Assessing Officer. 4. Being aggrieved, the appellant is in appeal before us in the present appeal. 5. At the outset, it is submitted that this Tribunal in the case of the assessee for the assessment years 2010-11 to 2013-14 in ITA Nos.631 to 634/PUN/2021 vide order dated 07.10.2022 dismissed the appeal by confirming the action of the Assessing Officer that the application u/s 154 made by the appellant, is barred by limitation. There is nothing on record warranting a different view. Therefore,

3 ITA No.635/PUN/2021 following the earlier order of this Tribunal in the case of assessee (supra), we dismiss the present appeal. 6. In the result, the appeal filed by the assessee stands dismissed. Order pronounced on this 29th day of November, 2022. Sd/- Sd/- (S. S. VISWANETHRA RAVI) (INTURI RAMA RAO) JUDICIAL MEMBER ACCOUNTANT MEMBER पुणे / Pune; �दनांक / Dated : 29th November, 2022. Sujeet आदेश क� �ितिलिप अ�ेिषत / Copy of the Order forwarded to : अपीलाथ� / The Appellant. 1. ��यथ� / The Respondent. 2. 3. The CIT(A)-11, Pune. 4. The Pr. CIT (Central), Pune. िवभागीय �ितिनिध, आयकर अपीलीय अिधकरण, “A” ब�च, 5. पुणे / DR, ITAT, “A” Bench, Pune. गाड� फ़ाइल / Guard File. 6. आदेशानुसार / BY ORDER, // True Copy // Senior Private Secretary आयकर अपीलीय अिधकरण, पुणे / ITAT, Pune.