Maheshwari Logistics Limited, Vapi V. The Pr. CIT, Valsad

ITA 1048/AHD/2017

• Counselvise Citation: [2020] 110 COUNSELVISE.COM (IT) 3439 (ITAT-SURAT)
• Duration Of Justice: 3 year(s) 6 month(s) 4 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 05-11-2020
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: DB
• Assessment Year: 2012-2013
• Appeal Filed On: 01-05-2017
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: MRS ANUPAMA SINGLA
• Assessee Lawyers: GOPALKRISHNAN AIYAR
• Section: 263

Judgement Text

, , IN THE INCOME TAX APPELLATE TRIBUNAL SURAT BENCH, SURAT BEFORE SHRI PAWAN SINGH, HON'BLE JUDICIAL MEMBER AND SHRI ARJUN LAL SAINI, HON'BLE ACCOUNTANT MEMBER (VIRTUAL HEARING) . . ./ I.T.A NOS.1048 & 1049/AHD/2017 [ [ / ASSESSMENT YEARS: 2012-13 & 2014-15 MAHESHWARI LOGISTICS LIMITED, 239, PANCHRATNA COMPLEX, GIDC CHAR RASTA, VAPI 396 195. [PAN: AAECM 8332 N] V S . THE PRINCIPAL COMMISSIONER OF INCOME TAX, VALSAD. / APPELLANT /RESPONDENT [ /ASSESSEE BY SHRI GOPALKRISHNAN AIYAR CA /REVENUE BY MRS. ANUPAMA SINGLA SR.DR / DATE OF HEARING: 05 . 1 1 .20 20 /PRONOUNCEMENT ON: 05 . 1 1 .20 20 /O R D E R PER PAWAN SINGH, JM: 1. THESE TWO APPEALS BY THE ASSESSEE ARE DIRECTED AGAINST THE SEPARATE ORDERS OF LD.PRINCIPAL COMMISSIONER OF INCOME TAX(APPEALS), VALSAD UNDER SECTION 263 OF THE ACT DATED 10.03.2017 AND 17.03.2017 FOR THE ASSESSMENT YEARS 2012-13 AND 2014-15 RESPECTIVELY. 2. DURING THE HEARING OF APPEAL, THE LD.AUTHORISED REPRESENTATIVE(AR) FOR THE ASSESSEE SUBMITS THAT THE ASSESSEE HAS FILED APPLICATIONS DATED 29.10.2020 IN BOTH THE APPEALS FOR SEEKING PERMISSION TO WITHDRAW THE APPEALS AND HE MAY BE ALLOW TO WITHDRAW THE SAME. 3. ON THE OTHER HAND, LD.SENIOR DEPARTMENTAL REPRESENTATIVE(SR.DR) DID NOT OBJECT TO THE PLEA OF THE ASSESSEE. MAHESHWARI LOGISTICS LTD. VS. PCIT, VALSAD/ ITA NOS.1048 & 1049/AHD/2017 FOR A.YS. 2012-13 & 14-15 2 4. CONSIDERING THE CONTENTS OF THE APPLICATIONS DT 29.10.2020 FILED BY ASSESSEE AND THE SUBMISSIONS OF LD.AUTHORISED REPRESENTATIVE, BOTH APPEALS OF ASSESSEE ARE DISMISSED AS WITHDRAWN. 5. ORDER PRONOUNCED IN THE OPEN COURT ON 05-11-2020 AT THE TIME OF HEARING. SD/- SD/- (ARJUN LAL SAINI) (PAWAN SINGH) ( /ACCOUNTANT MEMBER) ( /JUDICIAL MEMBER) / SURAT, DATED : 5 TH NOV , 2020/ S.GANGADHARA RAO, SR.PS COPY OF ORDER SENT TO- ASSESSEE/AO/PR. CIT/ CIT (A)/ ITAT (DR)/GUARD FILE OF ITAT. BY ORDER / / TRUE COPY / / ASSISTANT REGISTRAR, SURAT