Dismissing the application the Tribunal held that whether interest on income tax refund and interest on fixed deposits can be taken in to while computing the deduction under section 80IA being debatable, it cannot be considered as mistake apparent on record. Rectification application was dismissed. (AY. 2012-13)
Gateway Terminals India Pvt. Ltd. v. DCIT 190 ITD 220 (Mum.)(Trib.)
S. 254(2) : Appellate Tribunal-Rectification of mistake apparent from the record-Industrial undertaking-Infrastructure development-Interest on income tax refund and interest on fixed deposits-No power of review-Rectification application was rejected. [S. 80IA]