2011 (5) TMI 360

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.... Mukhi and Mr. Satish K. Goel, Advocates. SANJIV KHANNA, J. CM No. 7816/2011 Allowed, subject to all just exceptions. WP(C) No. 3744/2011 Learned counsel for the petitioner Geofin Investment (P) Limited, submits that the tribunal had erred in dismissing the application under Section 254(2) of the Income Tax Act, 1961 (Act, for short) as the tribunal in its order dated 13th October, 2010, had r....

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....petitioner assessee. After examining the matter in detail, the tribunal allowed the appeal filed by the revenue. While allowing the appeal, the tribunal also referred to another decision of ITAT, Mumbai, 'F' Bench, in the case of Macintosh Finance Estates Ltd. Vs. ACIT. Reliance and reference to reasons stated in Macintosh (supra) cannot be regarded as a mistake apparent from the record. It is not....