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2016 (6) TMI 944 - HC - Income TaxRectification of mistake - addition of interest - Held that:- As mistake on page 3 of the order of the Tribunal as pointed out by the Ld. Sr. Counsel with regard to ground No.XII that the amount of interest has been mentioned as ₹ 36,09,016/- instead of the correct amount of ₹ 36,09,31,016/-. The Ld. D.R. to this contention had nothing to say in rebuttal. Accordingly, the said rectification is hereby allowed. As a result of the modified portion of the order, the interest amount will be treated as ₹ 88.86 crores for the financial year 2001-02 which has been offered to tax by the applicant-assessee in the assessment year 2004-05. The learned Tribunal was not shown to have been unjustified in rectifying its mistake. We as such are unable to hold that the learned Tribunal exceeded its jurisdiction under section 254(2) of the I.T. Act.
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