2022 (3) TMI 1524

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.....S. Shukla, Sr. D.R ORDER PER WASEEM AHMED, ACCOUNTANT MEMBER: The assessee by way of this Miscellaneous Application has requested to rectify the error in the order of the ITAT in ITA No. 2389/Ahd/2015 being a mistake apparent from the record. 2. The assessee in the Miscellaneous Application has submitted that it has claimed deduction u/s 42 of the Act, in its income tax return which was disal....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ssessee. 5. We have heard the rival contentions of both the parties and perused the materials available on record. Admittedly, the ITAT was pleased to allow the depreciation to the assessee after making reference to the order of the ITAT in ITA No.3988/Ahd/2018 for the Assessment Hear 2005-06 vide order dated 31/12/2019 in the own case of the assessee. But due to the mistake, the ITAT has directe....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....h to recall the impugned order to the extent of the issue with respect to additional depreciation for fresh hearing as per law. 7. On the contrary Ld. DR could not controvert the arguments advanced by the Ld. AR for the assessee. 8. We have heard the rival contentions of both the parties and perused the materials available on record. Admittedly, the assessee in ground no. 3 has requested for all....