Arka Hotels Private Limited, Hyderabad V. Commissioner of Income Tax-(Central), Hyderabad

ITA 1094/HYD/2014

• Counselvise Citation: [2015] 140 COUNSELVISE.COM (IT) 91543 (ITAT-HYDERABAD)
• Duration Of Justice: 10 month(s) 17 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 16-04-2015
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: A
• Next Hearing Date: 16-04-2015
• Assessment Year: 2010-2011
• Appeal Filed On: 30-05-2014
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: G APARNA RAO
• Assessee Lawyers: A V RAGHURAM
• Section: 263

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL HYDERABAD BENCH A, HYDERABAD BEFORE SHRI P.M. JAGTAP, ACCOUNTANT MEMBER AND SHRI SAKTIJIT DEY, JUDICIAL MEMBER ITA NO. 1094/HYD/2014 ASSESSMENT YEAR: 2010-11 ARKA HOTELS PVT. LTD., HYDERABAD. PAN AABCA 7646N VS. COMMISSIONER OF INCOME-TAX (CENTRAL), HYDERABAD (APPELLANT) (RESPONDENT) ASSESSEE BY : SHRI A.V. RAGHURAM REVENUE BY : SMT. G. APARNA RAO DATE OF HEARING 16-04-2015 DATE OF PRONOUNCEMENT 16-04-2015 O R D E R PER P.M. JAGTAP, A.M.: THIS APPEAL FILED BY THE ASSESSEE IS DIRECTED AGA INST THE ORDER DATED 26/03/2014 PASSED BY LD. CIT(CENTRAL), HYDERA BAD U/S 263 OF THE ACT FOR AY 2010-11. 2. AT THE TIME OF HEARING BEFORE US, ASSESSEE HAS F ILED AN APPLICATION SEEKING PERMISSION OF THE BENCH TO WITH DRAW THIS APPEAL ON THE GROUND THAT AO WHILE GIVING EFFECT TO THE OR DER OF LD. CIT PASSED U/S 263 HAS NOT MADE ANY ADDITION TO THE TOT AL INCOME OF ASSESSEE FOR THE YEAR UNDER CONSIDERATION AND, THER EFORE, THE GROUNDS RAISED BY ASSESSEE IN THE PRESENT APPEAL FILED BEFO RE THE TRIBUNAL HAVE BECOME ACADEMIC. SINCE, LD. DR HAS NO OBJECTIO N IN THIS REGARD, PERMISSION AS SOUGHT BY ASSESSEE IS GRANTED AND THI S APPEAL OF THE ASSESSEE IS DISMISSED HAVING BEEN WITHDRAWN BY ASSE SSEE. 2 ITA NO. 1094 /HYD/2014 ARKA HOTELS PVT. LTD., HYD. 3. IN THE RESULT, APPEALS OF THE ASSESSEE IS DISMIS SED. PRONOUNCED IN THE OPEN COURT ON 16 TH APRIL, 2015 UPON CONCLUSION OF HEARING. SD/- SD/- (SAKTIJIT DEY) (P.M. JAGTAP) JUDICIAL MEMBER ACCOUNTANT MEMBER HYDERABAD, DATED: 16 TH APRIL, 2015 KV COPY TO:- 1) ARKA HOTELS PVT. LTD., C/O MAHESH, VIRENDER & SRIRAM, CAS., 6-3-788/36 & 37A, AMEERPET, HYD. 2) CIT (CENTRAL), HYDERABAD 3 ADDL. CIT, CENTRAL RANGE 1, HYDERABAD 4) DCIT, CENTRAL CIRCLE 1, HYDERABAD 5) THE DEPARTMENTAL REPRESENTATIVE, I.T.A.T., HYDE RABAD.