TALENT INFOWAY LTD, MUMBAI V. DCIT CC-46, MUMBAI

ITA 1128/MUM/2015

• Counselvise Citation: [2017] 126 COUNSELVISE.COM (IT) 9580 (ITAT-MUMBAI)
• Duration Of Justice: 2 year(s) 6 month(s) 17 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 13-09-2017
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: A
• Assessment Year: 2006-2007
• Appeal Filed On: 25-02-2015
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: SAURABH DESH

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL MUMBAI BENCH A, MUMBAI BEFORE SHRI G.S. PANNU, ACCOUNTANT MEMBER AND SHRI AMARJIT SINGH , JUDICIAL MEMBER ITA NO. 1128/MUM/2015 : A.Y : 2006 - 07 M/S. TALENT INFOWAY LIMITED BLOCK H, SHRI SADASHIV CHS LTD., 6 TH ROAD, SANTACRUZ (E), MUMBAI 400 055 (APPELLANT) PAN : AA CCT9444L VS. DC IT, CENTRAL CIRCLE - 46 , MUMBAI (RESPONDENT) APPELLANT BY : SHRI MUKESH CHOKSI RESPONDENT BY : SHRI SAURABH DESHPANDE DATE OF HEARING : 13 /0 9 /2017 DATE OF PRONOUNCEMENT : 13 /09/2017 O R D E R PER G.S. PANNU , AM : THE CAPTIONED APPEAL BY THE ASSESSEE IS DIRECTED AGAINST THE ORDER OF CIT(A) - 38 , MUMBAI DATED 14 . 11 .201 4 , PERTAINING TO THE ASSESSMENT YEAR 200 6 - 0 7 , WHICH IN TURN HAS ARISEN FROM THE ORDER PASSED BY THE ASSESSING OFFICER, MUMBAI DATED 02 .0 5 .201 3 IMPOSING PENALTY U/S 271(1)(C) OF THE INCOME TAX ACT, 1961 (IN SHORT THE ACT). 2. AT THE TIME OF HEARING, THE LEARNED REPRESENTATIVE FOR THE ASSESSEE MADE A REQUEST FOR PERMISSION TO WITHDRAW THE APPEAL AS THE 2 ITA NO. 1128/MUM/2015 M/S. TALENT INFOWAY LIMITED APPEAL BEING ITA NO. 7428/MUM/2013 FOR THE SAID ASSESSMENT YEAR HAS BEEN DECIDED BY THE TRIBUNAL IN FAVOUR OF THE ASSESSEE. 3. THE L D. DR APPEARING FOR THE REVENUE HAS NO OBJECTION TO THE AFORESAID PLEA OF ASSESSEE. 4 . ACCORDINGLY, THE APPEAL OF ASSESSE E IS DISMISSED AS WITHDRAWN. THE ABOVE DECISION WAS PRONOUNCED IN THE OPEN COURT IN THE PRESENCE OF BOTH THE PARTIES AT THE CONCLUSION OF HEARING ON 13 TH SEPTEMBER, 201 7 . SD/ - SD/ - ( AMARJIT SINGH ) JUDICIAL MEMBER (G.S. PANNU) ACCOUNTANT MEMBER MUMBAI, DATE : 1 3 T H SEPTEMBER , 201 7 *SSL* COPY TO : 1) THE APPELLANT 2) THE RESPONDENT 3) THE CIT(A) CONCERNED 4) THE CIT CONCERNED 5) THE D.R, A BENCH, MUMBAI 6) GUARD FILE BY ORDER ASSTT. REGISTRAR /SR. PRIVATE SECRETARY I.T.A.T, MUMBAI