Diligent Investments Limited , MUMBAI V. CIT, Central - 1, Kolkata , Kolkata

ITA 1163/KOL/2018

• Counselvise Citation: [2020] 111 COUNSELVISE.COM (IT) 9442 (ITAT-KOLKATA)
• Duration Of Justice: 1 year(s) 7 month(s) 10 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 07-01-2020
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: A
• Next Hearing Date: 07-01-2020
• Assessment Year: 2014-2015
• Appeal Filed On: 28-05-2018
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: RAM BILASH MEENA
• Assessee Lawyers: NIRAV SHETH ACA
• Section: 263

Judgement Text

I.T.A. NO. 1163/KOL/2018 ASSESSMENT YEAR : 2014-2015 DILIGENT INVESTMENTS LIMITED 1 IN THE INCOME TAX APPELLATE TRIBUNAL, KOLKATA A BENCH, KOLKATA BEFORE SHRI P.M. JAGTAP, VICE-PRESIDENT AND SHRI SATBEER SINGH GODARA, JUDICIAL MEMBER I.T.A. NO. 1163/KOL/2018 ASSESSMENT YEAR: 2014-2015 DILIGENT INVESTMENTS LIMITED,...................... ..............................APPELLANT CHHAPARIA & ASSOCIATES, CHARTERED ACCOUNTANTS, 8, CAMAC STREET, SHANTINIKETAN BUILDING, 5 TH FLOOR, ROOM NO. 2, KOLKATA-700017 [PAN:AAACD3772F] -VS.- COMMISSIONER OF INCOME TAX, CENTRAL-1, KOLKATA,.... ...............RESPONDENT AAYAKAR BHAWAN POORVA, 110, SHANTI PALLY, KOLKATA-700107 APPEARANCES BY: SHRI NIRAV SHETH, ACA , FOR THE APPELLA NT SHRI RAM BILASH MEENA, CIT, FOR THE RESPONDE NT DATE OF CONCLUDING THE HEARING : JANUARY 07, 2020 DATE OF PRONOUNCING THE ORDER : JANUARY 07, 2020 O R D E R PER SHRI P.M. JAGTAP, VICE-PRESIDENT: THIS APPEAL FILED BY THE ASSESSEE IS DIRECTED AGAIN ST THE ORDER OF LD. PRINCIPAL COMMISSIONER OF INCOME TAX, CENTRAL-1, KO LKATA DATED 27 TH MARCH, 2018 PASSED UNDER SECTION 263 OF THE INCOME TAX ACT, 1961. 2. AT THE TIME OF HEARING FIXED TODAY, THE LD. COUN SEL FOR THE ASSESSEE HAS SOUGHT PERMISSION OF THE BENCH TO WITHDRAW THIS APPEAL. SINCE THE LD. D.R. HAS NO OBJECTION IN THIS REGARD, THE PERMISSIO N AS SOUGHT ON BEHALF OF I.T.A. NO. 1163/KOL/2018 ASSESSMENT YEAR : 2014-2015 DILIGENT INVESTMENTS LIMITED 2 THE ASSESSEE IS GRANTED AND THIS APPEAL OF THE ASSE SSEE IS DISMISSED AS WITHDRAWN. 3. IN THE RESULT, THE APPEAL OF THE ASSESSEE IS DIS MISSED. ORDER PRONOUNCED IN THE OPEN COURT ON JANUARY 07, 2 020. SD/- SD/- (SATBEER SINGH GODARA) (P.M. JAGTAP) JUDICIAL MEMBER VICE-PRESIDENT KOLKATA, THE 7 TH DAY OF JANUARY, 2020 COPIES TO : (1) DILIGENT INVESTMENTS LIMITED,. CHHAPARIA & ASSOCIATES, CHARTERED ACCOUNTANTS, 8, CAMAC STREET, SHANTINIKETAN BUILDING, 5 TH FLOOR, ROOM NO. 2, KOLKATA-700017 (2) COMMISSIONER OF INCOME TAX, CENTRAL-1, KOLKATA, AAYAKAR BHAWAN POORVA, 110, SHANTI PALLY, KOLKATA-700107 (3) PRINCIPAL COMMISSIONER OF INCOME TAX, CENT RAL-1, KOLKATA, (4) THE DEPARTMENTAL REPRESENTATIVE (5) GUARD FILE BY ORDER ASSISTANT REGISTRAR, INCOME TAX APPELLATE TRIBUNAL, KOLKATA BENCHES, KOLKATA LAHA/SR. P.S.