Narmada Agency, Vadodara V. The Pr. CIT-1, Vadodara

ITA 116/AHD/2022

AI Insights

The case involves an appeal by Narmada Agency against the order of the Principal Commissioner of Income-Tax, Vadodara-1, dated 21.03.2022, which was passed under Section 263 of the Income Tax Act, 1961. The appeal was heard by the Income Tax Appellate Tribunal in Ahmedabad. During the hearing, the assessee's counsel submitted a letter seeking permission to withdraw the appeal, citing that the Assessing Officer had already granted relief on the issue raised by the PCIT in the revisional proceedings. Both parties agreed to the withdrawal, leading to the dismissal of the appeal as withdrawn.

• Counselvise Citation: [2023] 140 COUNSELVISE.COM (IT) 124688 (ITAT-AHMEDABAD)
• Duration Of Justice: 1 year(s) 21 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 16-05-2023
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: A
• Next Hearing Date: 10-05-2023
• Assessment Year: 2017-2018
• Appeal Filed On: 25-04-2022
• Laws Referred To: Income Tax Act, 1961
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Section: 263; 143(3)

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL “A” BENCH, AHMEDABAD BEFORE MRS. ANNAPURNA GUPTA, ACCOUNTANT MEMBER AND MRS. MADHUMITA ROY, JUDICIAL MEMBER ITA No. 116/Ahd/2022 िनधा榁रणवष榁/Assessment Year: 2017-18 Narmada Agency, 11, Amar Complex, Nr. Old Sama Jakat Naka, Sama, Vadodara PAN : AAMFN 3039 J Vs. Principal Commissioner of Income-Tax-I, Vadodara अपीलाथ牸 अपीलाथ牸अपीलाथ牸 अपीलाथ牸/ (Appellant) 灹瀄 灹瀄 灹瀄 灹瀄 यथ牸 यथ牸यथ牸 यथ牸/ (Respondent) Assessee by : Ms. Urvashi Shodhan, Advocate Revenue by : Shri Vijay Kumar Jaiswal, CIT-DR सुनवाई क琉 तारीख/Date of Hearing : 11.05.2023 घोषणा क琉 तारीख /Date of Pronouncement: 17.05.2023 आदेश आदेशआदेश आदेश/O R D E R PER MADHUMITA ROY, JUDICIAL MEMBER: This appeal filed by the assessee is directed against the order of learned Principal Commissioner of Income-tax, Vadodara-1 (“PCIT” in short) dated 21.03.2022 passed under Section 263 of the Income Tax Act, 1961 (“the Act” in short). 2. At the time of hearing fixed in this case on 11.05.2023, it is noticed that the learned Counsel for the assessee has filed a letter dated Nil seeking permission for withdrawal of appeal on the ground that the Assessing Officer initiated proceedings under Section 143(3) r.w.s. 263 of the Act and granted relief on the issue taken by the PCIT under the revisional proceedings. The learned Counsel for the assessee, vide aforesaid letter, pleaded that the appeal filed by the assessee may be dismissed as withdrawn. The learned Departmental Representative has no objection to the withdrawal of the appeal filed by the assessee. 2 ITA No. 116/Ahd/2022 Narmada Agency Vs. PCIT AY : 2017-18 3. In view of above facts, we allow the withdrawal of the appeal filed by the learned Counsel for the assessee; and, accordingly appeal of the assessee is dismissed as withdrawn. 4. In the result, the appeal of the assessee is dismissed as withdrawn. Order pronounced in the open Court on 17 th May, 2023 at Ahmedabad. Sd/- Sd/- (ANNAPURNA GUPTA) ACCOUNTANT MEMBER (MADHUMITA ROY) JUDICIAL MEMBER Ahmedabad; Dated 17/05/2023 **bt आदेश आदेशआदेश आदेश क琉 क琉क琉 क琉 灹ितिलिप 灹ितिलिप灹ितिलिप 灹ितिलिप अ灡ेिषत अ灡ेिषतअ灡ेिषत अ灡ेिषत/Copy of the Order forwarded to : 1. अपीलाथ牸 अपीलाथ牸अपीलाथ牸 अपीलाथ牸 / The Appellant 2. 灹瀄यथ牸 灹瀄यथ牸灹瀄यथ牸 灹瀄यथ牸 / The Respondent. 3. संबंिधत संबंिधतसंबंिधत संबंिधत आयकर आयकरआयकर आयकर आयु猴 आयु猴आयु猴 आयु猴 / Concerned CIT 4. आयकर आयकरआयकर आयकर आयु猴 आयु猴आयु猴 आयु猴)अपील अपीलअपील अपील (/ The CIT(A)- 5. िवभागीय िवभागीयिवभागीय िवभागीय 灹ितिनिध 灹ितिनिध灹ितिनिध 灹ितिनिध ,आयकर आयकरआयकर आयकर अपीलीय अपीलीयअपीलीय अपीलीय अिधकरण अिधकरणअिधकरण अिधकरण,/DR,ITAT, Ahmedabad, 6. गाड榁 गाड榁गाड榁 गाड榁 फाईल फाईलफाईल फाईल /Guard file. आदेशानुसार आदेशानुसारआदेशानुसार आदेशानुसार/ BY ORDER, TRUE COPY सहायक सहायकसहायक सहायक पंजीकार पंजीकारपंजीकार पंजीकार (Asstt.. Registrar) आयकर आयकरआयकर आयकर अपीलीय अपीलीयअपीलीय अपीलीय अिधकरण अिधकरणअिधकरण अिधकरण ITAT, Ahmedabad 1. Date of dictation ......12.05.2023........ 1. Date on which the typed draft is placed before the Dictating Member :.....12.05.2023.......... 2. Other Member...16.05.2023..................... 3. Date on which the approved draft comes to the Sr.P.S./P.S...16.05.2023....................... 4. Date on which the fair order is placed before the Dictating Member for pronouncement...17.05.2023....... 5. Date on which the fair order comes back to the Sr.P.S./P.S...17.05.2023................ 6. Date on which the file goes to the Bench Clerk...17.05.2023............. 7. Date on which the file goes to the Head Clerk....... 8. The date on which the file goes to the Assistant Registrar for signature on the order............ 9. Date of Despatch of the Order..................