{"id":19370,"date":"2021-06-17T15:18:12","date_gmt":"2021-06-17T09:48:12","guid":{"rendered":"https:\/\/itatonline.org\/digest\/dorf-ketal-chemical-india-p-ltd-v-dcit-2021-186-itd-681-mum-trib\/"},"modified":"2021-06-17T15:18:12","modified_gmt":"2021-06-17T09:48:12","slug":"dorf-ketal-chemical-india-p-ltd-v-dcit-2021-186-itd-681-mum-trib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/dorf-ketal-chemical-india-p-ltd-v-dcit-2021-186-itd-681-mum-trib\/","title":{"rendered":"Dorf Ketal Chemical India (P.) Ltd. v. DCIT (2021) 186 ITD 681 (Mum.)(Trib.)"},"content":{"rendered":"<p>Dismissing the petition the Court held that Tribunal, hearing was concluded on 23-7-2019-Order was passed on 18-10-2019. Accordingly the monitory limit as per circular No. 17 of 2019 dated 18-8-2019 would not apply. On merit the Tribunal held that all submissions and explanations by assessee and department had been summarized and then a finding had been arrived at and, thus, issue had been decided by Tribunal after considering facts in entirety available on record and full opportunity had been given to assessee to make submissions, no mistake apparent from record being pointed out, rectification of Tribunal&#8217;s order was not warranted. (AY. 2004-05, 2005-06)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 254(2) : Appellate Tribunal-Rectification of mistake apparent from the record-Hearing concluded  on 23-7-2019 and order was passed on 18-10-2019-Monetary limit prescribed  Circular Nos. 3 of 2018 dated 11-7-2018  ie. 20 lkhs  would apply and  not circular No 17 of 2019 dated 18-8-2019 wherein the monitory limit of Rs. 50 lakhs was fixed. [S. 268A] <\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[],"class_list":["post-19370","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-52q","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/19370","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/comments?post=19370"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/19370\/revisions"}],"predecessor-version":[{"id":19371,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/19370\/revisions\/19371"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=19370"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=19370"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=19370"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}