2021 (8) TMI 1091

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ijay Shankar, CIT, D/R ORDER PER P.M. JAGTAP, VICE-PRESIDENT, KZ :- This appeal filed by the assessee is directed against the order of the Learned Commissioner of Income Tax (Appeals) - 17, Kolkata, (hereinafter the 'ld. CIT(A)'), dt. 15/03/2019, wherein he upheld the order passed by the Assessing Officer u/s 154 of the Income Tax Act, 1961 (the 'Act'), dt. 28/03/2015. 2. The assessee ....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....eceived by the assessee company during the year under consideration. In the Income tax computation form attached to the said order, the total income of the assessee company, however, was taken by the Assessing Officer at Rs. 6,00,67,720/- as against the total income of Rs. 15,62,97,564/- determined in the assessment order. After noticing this mistake, an order u/s 154 of the Act was passed by the ....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... was wrongly taken as Rs. 6,00,76,720/- and subsequently taxed thereon resulted in mistake as apparent from record. Further, the same was subsequently rectified u/s. 154 which is in order. Accordingly, the appeal of the appellant is dismissed." Aggrieved by the order of the ld. CIT(A), the assessee has preferred this appeal before the Tribunal. 5. At the time of hearing fixed in this case to....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....d by the Assessing Officer at Rs. 6,00,76,720/- as against the total income of the Rs. 15,62,97,564/- determined in the assessment order. There was thus a clear mistake committed by the Assessing Officer and since the same was apparent from record, we find merit in the contention of the ld. D/R that it was rightly rectified by the Assessing Officer vide an order dt. 28/03/2015 passed u/s 154 of th....