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2019 (12) TMI 260 - AT - Income TaxRectification of mistake/Review of order - interest allowance under section 24(b) from 31.01.2008 - assessee is now seeking review of the order by changing its stand - HELD THAT:- While making submission on 30.04.2019, the ld. AR of the assessee claimed that assessee made payment of ₹ 5.28 crore to Vedant Properties Pvt. Ltd. on 14.02.2008, which is duly recorded in para-10 of the order, which is based on the submission of ld. AR of the assessee. After accepting the submission of assessee, we have allowed the interest allowance under section 24(b) from 14.02.2008. The assessee is now seeking the review of the order, which is beyond the scope of section 254(2) of the Act - there are no merit in the application filed by the assessee and the same is dismissed. Rectification of mistake - failure to disclose the date of acquisition of different share of Dhanwatay House in earlier Assessment Years - absence of documentary evidence for capitalization of interest for A.Y. 2010-11 & 2011-12 - HELD THAT:- Perusal of order dated 31.05.2019 reveals that the ld. AR of the assessee while making his submission stated that no interest was capitalized in the A.Y. 2009-10 & 2010-11 as initially the property was acquired from interest free fund. It was pointed out that point in dispute between assessee and Assessing Officer was with regard to amount of interest capitalized pertaining to the property sold during the year - The material/submission of Paper Book, filed along with the Miscellaneous Application is already on record of appeal folder. The assessee is now seeking the review of order which is beyond the scope of the application under section 254(2), hence, the application filed by assessee is devoid of merit and is dismissed. Application dismissed.
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