Section 245(2) — 3 judgments | BharatTax

DEREWALA INDUSTRIES LIMITED,JAIPUR vs. ACIT/DCIT CIR-6, JAIPUR

Appeal is partly allowed; while

ITA 170/JPR/2025[2017-18]Status: DisposedITAT Jaipur08 Apr 2025AY 2017-18

Bench: SHRI GAGAN GOYAL (Accountant Member), SHRI NARINDER KUMAR (Judicial Member)

For Appellant: Shri Vinod Kumar Gupta, CAFor Respondent: Shri Anup Singh, Addl. CIT-DR

Section 14ASection 195(1)Section 250Section 37(1)Section 40Section 40A

आयकर अपीलीय अधिकरण] जयपुर न्यायपीठ] जयपुर IN THE INCOME TAX APPELLATE TRIBUNAL, JAIPUR BENCHES,”B” Bench” JAIPUR Jhxxu xks;y

CONSTRUCTION ENGINEERS,SRINAGAR vs. THE ASSESSING OFFICER,, SRINAGAR

In the result, the appeals of both the parties bearing ITA Nos

ITA 495/ASR/2010[2007-08]Status: DisposedITAT Amritsar31 Jan 2023AY 2007-08

Bench: Dr. M. L. Meenaandsh. Anikesh Banerjee

Section 250(6)

which is less than the net profit rate of 9% directed by the Hon’ble High Court and needs to be rectified under section 245(2) of the Act, in this case being mistake apparent from records. It is therefore requested that the Hon’ble ITAT may be pleased

DEPUTY COMMISSIONER OF INCOME TAX, SRINAGAR vs. M/S. CONSTRUCTION ENGINEERS, SRINAGAR