Nakoda Limited, Surat V. The Asstt. Commissioner of Income Tax, Circle-1(2), Surat

ITA 1060/AHD/2017

• Counselvise Citation: [2021] 108 COUNSELVISE.COM (IT) 6249 (ITAT-SURAT)
• Duration Of Justice: 3 year(s) 11 month(s) 19 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 21-04-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: DB
• Assessment Year: 2012-2013
• Appeal Filed On: 02-05-2017
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: O P VAISHNAV
• Section: 263

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL, SURAT BENCH, SURAT BEFORE SHRI PAWAN SINGH, JM & DR. A. L. SAINI, AM ./ITA NO.1060/AHD/2017 ( [ [ / ASSESSMENT YEAR: (2012-13) (VIRTUAL COURT HEARING) NAKODA LIMITED, 401, 4 TH FLOOR, UNION TRADE CENTRE, BESIDE APPLE HOSPITAL, UDHNA DARWAJA, RING ROAD, SURAT-395002. VS. THE ACIT, CIRCLE-1(2), SURAT. ./ ./ PAN/GIR NO.: AAACN7282L (ASSESSEE) (RESPONDENT) ASSESSEE BY : SHRI HIREN VEPARI, CA RESPONDENT BY : SHRI O. P. VAISHNAV, CIT(DR) / DATE OF HEARING : 21/04/2021 /DATE OF PRONOUNCEMENT : 21/04/2021 / O R D E R PER DR. A. L. SAINI, ACCOUNTANT MEMBER: THE PRESENT APPEAL IS PREFERRED BY THE ASSESSEE CHALLENGING THE IMPUGNED ORDER DATED 31.03.2017, PASSED BY THE LEARNED PRINCIPAL COMMISSIONER OF INCOME TAX-1, SURAT [IN SHORT THE LD. PCIT] UNDER SECTION 263 OF THE INCOME TAX ACT, 1961 [HEREINAFTER REFERRED TO AS THE ACT]. 2. BEFORE US, THE LEARNED COUNSEL, SHRI HIREN VEPARI, ON BEHALF OF THE ASSESSEE SUBMITTED THAT ASSESSEE DID NOT WISH TO PRESS THIS APPEAL, TO WHICH, THE LEARNED DEPARTMENTAL REPRESENTATIVE (IN SHORT THE THE LD. DR) DID NOT RAISE ANY OBJECTION. CONSEQUENTLY, WE TREAT THIS APPEAL AS WITHDRAWN. PAGE | 2 ITA NO.1060/AHD/20 17 ASSESSMENT YEAR: 2012-13 NAKODA LIMITED 3. IN THE RESULT, THE APPEAL OF THE ASSESSEE ( IN ITA NO.1060/AHD/2017 FOR AY.2012-13 ) IS DISMISSED AS WITHDRAWN. ORDER IS PRONOUNCED ON 21/04/2021 BY PLACING RESULT ON NOTICE BOARD. SD/- SD/- (PAWAN SINGH) (DR. A.L. SAINI) JUDICIAL MEMBER ACCOUNTANT MEMBER LWJR /SURAT / DATE: 21/04/2021 SAMANTA COPY OF THE ORDER FORWARDED TO: 1. THE ASSESSEE 2. THE RESPONDENT 3. THE CIT(A) 4. PR.CIT 5. DR/AR, ITAT, SURAT 6. GUARD FILE BY ORDER // TRUE COPY // ASSISTANT REGISTRAR/SR. PS/PS ITAT, SURAT