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2021 (9) TMI 62 - AT - Income TaxRectification of mistake - Treatment to mesne profits - assessee’s claim was that the same is capital profit and hence not taxable as duly supported by Special Bench decision of ITAT in the case of Narang Overseas Pvt. Ltd [2008 (2) TMI 817 - ITAT MUMBAI] - CIT(A) has not followed the order of larger special bench of the ITAT in the case of Narang Overseas Pvt. Ltd. - HELD THAT:- Why the decision of larger special bench in Narang Overseas Pvt. Ltd. (supra) which has not been reversed by the Hon'ble Jurisdictional High Court is not to be considered has not been dealt with in the aforesaid order. Hence, there is a mistake apparent from record in the order of ITAT. We recall the aforesaid order of the ITAT. The registry is directed to fix the case in the normal course.
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