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2018 (12) TMI 574 - AT - Income TaxRectification of mistake - Applicability of provisions of section 206AA - application filed u/s 254(2) as barred by limitation as the same was supposed to file within six months from the end of the month in which the order was passed - Held that:- We are in agreement with the claim of the Revenue Department that the proviso of sub-section to Sec.6A of Sec.206C of the Act was inserted in the Act by the Finance Act, 2012 and made applicable w.e.f 1st July, 2012, as in the instant Misc. Application the assessment year involved is 2011-12 and hence, the said proviso to subsection 6A of Sec.206C shall not be applicable which seems to be inadvertently overlooked by the Co-ordinate Bench, therefore, error/mistake apparent from the order is liable to be rectified. AO and Ld. CIT(A) applied the provisions of section 206AA of the Act which mandates requirement to furnish permanent account number by persons who are entitled to receive any sum or income or amount, on which tax is deductible u/s XVIIB of the Act. Miscellaneous Applications filed by the Revenue Department stands allowed.
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