Phoenix Conveyor Belt India Private Limited, Kolkata V. Principal CIT - 4, , Kolkata

ITA 1110/KOL/2019

• Counselvise Citation: [2020] 110 COUNSELVISE.COM (IT) 7333 (ITAT-KOLKATA)
• Duration Of Justice: 1 year(s) 3 month(s) 23 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 02-09-2020
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: B
• Assessment Year: 2012-2013
• Appeal Filed On: 10-05-2019
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: IMOKABA JAMIR CITLD
• Section: 263

Judgement Text

1 ITA NO.1110/KOL/2019 AY 2012-13 PHOENIX CONVEYOR BELT INDIA (P) LTD. , B , IN THE INCOME TAX APPELLATE TRIBUNAL B BENCH: KOLKATA [BEFORE HONBLE SHRI J.SUDHAKAR REDDY, AM AND HONBLE SHRI A. T. VARKEY, JM ITA NO. 1110/KOL/2019 ASSESSMENT YEAR: 2012-13 PHOENIX CONVEYOR BELT INDIA PVT. LTD. PAN: AABCP5595P VS. PR.CIT, KOLKATA-4, KOLKATA APPELLANT RESPONDENT DATE OF HEARING (VIRTUAL) 25.08.2020 DATE OF PRONOUNCEMENT 02.09.2020 FOR THE APPELLANT SHRI PRATYUSH JHUNJHUNWALA, ADVOCATE, FOR THE RESPONDENT SHRI IMOKABA JAMIR, CIT/LD.DR ORDER SHRI A. T. VARKEY, JM THIS IS AN APPEAL PREFERRED BY THE ASSESSEE AGAINST THE ORDER OF LD. PR. CIT, KOLKATA- 4, KOLKATA DATED 01-03-2019 FOR THE ASSESSMENT YEAR 2012-13 PASSED U/S. 263 OF THE INCOME-TAX ACT, 1961 (HEREINAFTER REFERRED TO AS THE ACT). 2. AT THE OUTSET, IT HAS BEEN BROUGHT TO OUR NOTICE BY SHRI PRATYUSH JHUNJHUNWALA, ADVOCATE, LEARNED AUTHORIZED REPRESENTATIVE ( IN SHORT, THE LD. AR) THAT THE ASSESSEE AT PRESENT IS NOT AGGRIEVED BY THE RE-ASSESSMENT ORDER PASSED BY THE AO WHILE GIVING EFFECT TO THE IMPUGNED ORDER OF THE LD. PR. CIT PASSED BY U/S. 263 OF THE ACT. THEREFORE, HE WISHES TO WITHDRAW THIS APPEAL FILED BY THE ASSESSEE 3. PER CONTRA, SHRI IMOKABA JAMIR, LD CIT, LEARNED DEPARTMENTAL REPRESENTATIVE ( IN SHORT, THE LD. DR) DOES NOT HAVE ANY OBJECTION IN RESPECT OF THE PROPOSAL OF ASSESSEE TO WITHDRAW THE APPEAL. IN THE LIGHT OF THE AFORESAID DISCUSSIONS, WE ALLOW THE ASSESSEES REQUEST FOR WITHDRAWING THE ABOVE MENTIONED APPEAL. 2 ITA NO.1110/KOL/2019 AY 2012-13 PHOENIX CONVEYOR BELT INDIA (P) LTD. 4. IN THE RESULT, THE APPEAL OF ASSESSEE IS DISMISSED AS WITHDRAWN. ORDER IS PRONOUNCED IN THE OPEN COURT ON 2ND SEPTEMBER 2020. SD/- SD/- ( J. SUDHAKAR REDDY) (ABY. T. VARKEY) ACCOUNTANT MEMBER JUDICIAL MEMBER DATED : 2ND SEPTEMBER 2020 **PP(SR.P.S.) COPY OF THE ORDER FORWARDED TO: 1. APPELLANT M/S. PHOENIX CONVEYOR BELT INDIA PRIVATE LIMITED 11/1 IDEAL PLAZA, 4 TH FL., SARAT BSE ROAD, KOLKATA-20. 2 RESPONDENT THE PRINCIPAL CIT, KOL-4, KOLKATA, AAYKAR BHAWAN, 6 TH FL., KOLKATA-700 069. 3. 4. 5. CIT(A)-, KOLKATA (SENT THROUGH E-MAIL) CIT- , KOLKATA. DR, ITAT, KOLKATA. (SENT THROUGH E-MAIL) BY ORDER, / TRUE COPY, ASSISTANT REGISTRAR