DCIT, Ludhiana V. M/s Sharman Udyog Pvt. Ltd., Ludhiana

CO 20/CHANDI/2016

• Counselvise Citation: [2017] 123 COUNSELVISE.COM (IT) 2758 (ITAT-CHANDIGARH)
• Duration Of Justice: 7 month(s) 4 day(s)
• Appeal Type: Cross Objection
• Pronouncement Date: 15-02-2017
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: Not Allotted
• Next Hearing Date: 15-02-2017
• Assessment Year: 2011-2012
• Appeal Filed On: 11-07-2016
• Result in Favour of: Revenue
• Court: TRIBUNAL

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL DIVISION BENCH,CHANDIGARH BEFORE SHRI BHAVNESH SAINI, JUDICIAL MEMBER AND MS.ANNAPURNA GUPTA, ACCOUNTANT MEMBER CO NO. 20/CHD/2016 IN ITA 679/CHD/2016 ASSESSMENT YEAR: 2011-12 M/S SHARMAN UDYOG P.LTD., VS THE ACIT, D-43, PHASE-V, CENTRAL CIRCLEIII, FOCAL POINT, LUDHIANA. LUDHIANA. PAN: AACCS5208F (APPELLANT) (RESPONDENT) APPELLANT BY : SHRI ASHWANI KUMAR RESPONDENT BY : SHRI SUSHIL KUMAR DATE OF HEARING : 15.02.2017 DATE OF PRONOUNCEMENT : 15.02.2017 O R D E R PER BHAVNESH SAINI,JM THE ASSESSEE IN THIS CROSS OBJECTION CHALLENGED TH E DISALLOWANCE OF RS. 2,01,830/- ON ACCOUNT OF DISALL OWANCE OF VEHICLE EXPENSES. THE LD. DR POINTED OUT THAT ASSESSING OFFICER HAS NOT MADE SEPARATE ADDITION IN THE COMPUTATION OF INCOME OF THIS AMOUNT. 2. THE LD. COUNSEL FOR THE ASSESSEE, THEREFORE, SEE KS PERMISSION TO WITHDRAW THE CROSS OBJECTION AND MADE ENDORSEMENT TO THE SAME IN THE CROSS OBJECTION ITSE LF. 2 3. IN THIS VIEW OF THE MATTER, THE CROSS OBJECTION OF THE ASSESSEE IS DISMISSED AS WITHDRAWN. ORDER PRONOUNCED IN THE OPEN COURT. SD/- SD/- ( ANNAPURNA GUPTA) (BHAVNESH SAINI ) ACCOUNTANT MEMBER JUDICIAL MEMBER DATED: 15 TH FEBRUARY,2017. POONAM COPY TO: 1. THE APPELLANT 2. THE RESPONDENT 3. THE CIT(A) 4. THE CIT,DR ASSISTANT REGISTRAR, ITAT CHANDIGARH