M/s. Ambarwadikar & Company, Aurangabad V. Assistant Commissioner of Income-tax,

CO 23/PUN/2016

• Counselvise Citation: [2017] 123 COUNSELVISE.COM (IT) 2714 (ITAT-PUNE)
• Duration Of Justice: 7 month(s) 15 day(s)
• Appeal Type: Cross Objection
• Pronouncement Date: 10-01-2017
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: B
• Assessment Year: 2010-2011
• Appeal Filed On: 25-05-2016
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Assessee Lawyers: M K KULKARNI SHRI M K GAUTAM

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL B BENCH, PUN E , , !'#'' $ , % & BEFORE SHRI R.K. PANDA, AM AND SHRI VIKAS AWASTHY, JM '(& / CO NOS. 23 & 24/PUN/2016 %) * '+* / ASSESSMENT YEARS : 2010-11 & 2011-12 M/S. AMBARWADIKAR & COMPANY, GUT NO. 103, BEED BYE-PASS ROAD, DEOLALI, AURANGABAD PAN : AAHFA6223A ....... / APPELLANT ) / V/S. ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE 2, AURANGABAD / RESPONDENT ASSESSEE BY : SHRI M.K. KULKARNI REVENUE BY : SHRI M.K. GAUTAM / DATE OF HEARING : 10-01-2017 / DATE OF PRONOUNCEMENT : 10-01-2017 , / ORDER PER VIKAS AWASTHY, JM : THE ASSESSEE HAS FILED CROSS-OBJECTIONS IN APPEAL FILED BY T HE DEPARTMENT IN ITA NOS. 2038 & 2039/PN/2014. THE DEPAR TMENT IN APPEALS HAS ASSAILED THE ORDER OF COMMISSIONER OF INCOME TAX (APPEALS), AURANGABAD DATED 28-08-2014 FOR THE ASSESSMEN T YEARS 2010-11 AND 2011-12. 2. SHRI M.K. KULKARNI APPEARING ON BEHALF OF THE ASSESSEE SUBMITTED THAT THE ASSESSEE DOES NOT WISH TO PURSUE THE CROSS- OBJECTIONS AND FILED AN APPLICATION TO WITHDRAW THE SAME. 2 CO NOS. 23 & 24/PUN/2016 3. SHRI M.K. GAUTAM REPRESENTING THE DEPARTMENT SUBMITTE D THAT THE DEPARTMENT HAS NO OBJECTION IN CASE THE ASSESSEE WISHES TO WITHDRAW THE CROSS-OBJECTIONS. 4. BOTH SIDES HEARD. THE LD. AR OF THE ASSESSEE HAS FILED AN APPLICATION TO WITHDRAW THE CROSS-OBJECTIONS. IN VIEW OF T HE REQUEST MADE ON BEHALF OF THE ASSESSEE, THE CROSS-OBJECTIONS NO. 23 & 24/PUN/2016 FILED BY THE ASSESSEE FOR ASSESSMENT YEARS 2010-11 AND 2011-12, RESPECTIVELY ARE DISMISSED AS WITHDRAWN. ORDER PRONOUNCED IN THE OPEN COURT AFTER HEARING OF THE APPEALS ON TUESDAY, THE 10 TH JANUARY, 2017. SD/- SD/- ( . . / R.K. PANDA) ( ! ' / VIKAS AWASTHY) #' / ACCOUNTANT MEMBER $ % #' / JUDICIAL MEMBER / PUNE; &# / DATED : 10 TH JANUARY, 2017 RK ,-'%./#0#+. / COPY OF THE ORDER FORWARDED TO : 1. / THE APPELLANT. 2. / THE RESPONDENT. 3. ' () / THE CIT(A), AURANGABAD 4. ' / THE CIT, AURANGABAD 5. !*+ %%,- , ,- , . ./0 , / DR, ITAT, B BENCH, PUNE. 6. + 1 23 / GUARD FILE. // ! % // TRUE COPY// #4 / BY ORDER, 5 6 / ASSISTANT REGISTRAR, ,- , / ITAT, PUNE