India Iron & Steel Co. Ltd., V. ACIT, CIR-3, KOLKATA, Kolkata

ITA 1078/KOL/2016

AI Insights

The case involved India Iron & Steel Co. Ltd. as the appellant and the ACIT, Circle 3 (now merged in Steel Authority of India Ltd.) as the respondent. The appeal was directed against the order of the ld. CIT (A)-1, Kolkata dated 14.03.2016 for the assessment year 2005-06. During the proceedings, the counsel for the assessee decided not to press the grounds of the appeal and requested its withdrawal, which led to the dismissal of the appeal.

• Counselvise Citation: [2023] 140 COUNSELVISE.COM (IT) 113774 (ITAT-DELHI)
• Duration Of Justice: 7 year(s) 25 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 11-06-2023
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: C
• Next Hearing Date: 11-06-2023
• Assessment Year: 2005-2006
• Appeal Filed On: 17-05-2016
• Result in Favour of: Revenue
• Court: TRIBUNAL

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL (DELHI BENCH ‘C’ : NEW DELHI) SHRI SHAMIM YAHYA, ACCOUNTANT MEMBER and SHRI YOGESH KUMAR US, JUDICIAL MEMBER ITA No.1078/Kol./2016 (ASSESSMENT YEAR : 2005-06) India Iron & Steel Co. Ltd., vs. ACIT, Circle 3, (since merged in Steel Authority of India Ltd.) Kolkata. 50, Chowrangee Road, Kolkata – 700 071. (PAN : AAACI7171D) (APPELLANT) (RESPONDENT) ASSESSEE BY : Shri M.P. Rastogi, Advocate Shri P.N. Shastry, CA REVENUE BY : Shri Anuj Garg, Sr. DR Date of Hearing : 12.06.2023 Date of Order : 12.06.2023 ORDER PER SHAMIM YAHYA, ACCOUNTANT MEMBER : This appeal filed by the assessee is directed against the order of ld. CIT (A)-1, Kolkata dated 14.03.2016 for the assessment year 2005-06. 2. At the outset, ld. Counsel for the assessee submitted that he will not be pressing the grounds in this case and requested to withdraw the appeal. Hence, this appeal is dismissed as withdrawn. Order pronounced in the open court on this 12 th day of June, 2023 after the conclusion of the hearing. Sd/- sd/- (YOGESH KUMAR US) (SHAMIM YAHYA) JUDICIAL MEMBER ACCOUNTANT MEMBER Dated the 12 th day of June, 2023/TS ITA No.1078/Kol./2016 2 Copy forwarded to: 1.Appellant 2.Respondent 3.CIT 4.CIT (A). 5.CIT(ITAT), New Delhi. AR, ITAT NEW DELHI.