OMASAIRAM STEEL & ALLOYS PVT.LTD,JALNA vs. PR. COMMISSIONER OF INCOME-TAX-1, AURANGABAD

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ITA 284/PUN/2018Status: DisposedITAT Pune23 September 2022AY 2012-133 pages

In favour of the Revenue: the assessee's appeal was dismissed. From the AI summary of this appeal.

AI SummaryDismissed

What did the Tribunal hold?

The Tribunal noted that a co-ordinate bench had already reversed the PCIT's revision directions in a previous appeal for the same assessee. Therefore, the current appeal was rendered infructuous.

What were the facts?

The assessee's appeal was against a revision order by the PCIT. The Revenue pointed out that the revision order pertained to assessment year 2013-14, not 2012-13 as stated in the appeal. A corrigendum confirmed this discrepancy.

What were the issues?

Whether the PCIT's revision order was validly passed for the correct assessment year. Whether the appeal was infructuous due to a prior co-ordinate bench decision.

Which sections of the Income-tax Act were involved?

Section 263

AI-generated summary — verify with the full judgment below

Income Tax Appellate Tribunal, “B” BENCH, PUNE

Before: SHRI S.S.GODARA, JM & SHRI DR. DIPAK P. RIPOTE, AM

For Appellant: Shri Sanjeev Kumar Kabra
For Respondent: Shri Sardar Singh Meena
Hearing: 20.07.2022Pronounced: 23.09.2022

आदेश की प्रधतधलधप अग्रेधषत / Copy of the Order forwarded to : अपीलाथी / The Appellant. 1. प्रत्यथी / The Respondent. 2. 3. The Pr.CIT-1, Aurangabad. 4. The CIT (concerned) Aurangabad. धवभागीय प्रधतधनधध, आयकर अपीलीय अधधकरण, “बी” बेंच, 5. पुणे / DR, ITAT, “B” Bench, Pune. गार्ा फ़ाइल / Guard File. आदेशानुसार / BY ORDER, 6. // True Copy // Senior Private Secretary आयकर अपीलीय अधधकरण, पुणे / ITAT, Pune.

Om Sairam Steel Alloys P.Ltd.,

S.No. Details Date Initials 1 Draft dictated on 20.07.2022 2 Draft placed before author 22.09.2022 Draft proposed & placed before the Second 3 Member 4 Draft discussed/approved by Second Member 5 Approved Draft comes to the Sr. PS/PS 6 Kept for pronouncement on 7 Date of uploading of Order 8 File sent to Bench Clerk 9 Date on which the file goes to the Head Clerk 10 Date on which file goes to the A.R. 11 Date of Dispatch of order

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