2012 (3) TMI 322 - AAR - Income Tax

Correction Made to Ruling: Amount Adjusted to USD 300M, Date Revised to 10.2.2010

The Authority for Advance Rulings corrected typographical errors in the ruling, amending the amount from USD 200 million to USD 300 million and the date ... Rectification of mistakes apparent from the record under Rule 19 of the AAR (Procedure) Rules, 1996 - correction of typographical/clerical errors in a previously pronounced ruling - issuance of a revised corrected orderRectification of mistakes apparent from the record under Rule 19 of the AAR (Procedure) Rules, 1996 - correction of typographical/clerical errors - Rectification of typographical mistakes in the Ruling pronounced on 28th February, 2012 and issuance of a corrected order. - HELD THAT: - The Authority considered the applicant's identification of two typographical mistakes in the earlier Ruling - the sum specified as USD 200 million which should read USD 300 million, and the date recorded as 10.12.2010 which should read 10.2.2010. Treating these as mistakes apparent from the record, the Authority invoked the corrective power under Rule 19 of the AAR (Procedure) Rules, 1996 to amend the Ruling. The Authority directed rectification of the recorded errors and ordered that a revised corrected order be issued.The typographical errors are rectified under Rule 19 and a revised corrected order is to be issued.Final Conclusion: The Authority corrected two typographical errors in the earlier Ruling as mistakes apparent from the record under Rule 19 of the AAR (Procedure) Rules, 1996 and directed issuance of a revised corrected order. The judgment by the Authority for Advance Rulings corrected typographical mistakes in the ruling of the applicant's case, changing USD 200 million to USD 300 million and the date from 10.12.2010 to 10.2.2010. This correction was made under Rule 19 of the AAR(Procedure) Rules, 1996, and a revised order was issued on 20th March 2012.