Gujarat Industrial Investment Corporation Ltd., Gandhinagar V. The Pr. CIT-3, Ahmedabad

ITA 121/AHD/2021

• Counselvise Citation: [2024] 100 COUNSELVISE.COM (IT) 4137 (ITAT-AHMEDABAD)
• Duration Of Justice: 2 year(s) 8 month(s) 6 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 30-01-2024
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: B
• Next Hearing Date: 30-01-2024
• Assessment Year: 2016-2017
• Appeal Filed On: 24-05-2021
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Section: 143(3)

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL AHMEDABAD “B” BENCH Before: Smt. Annapurna Gupta, Accountant Member And Shri T.R. Senthil Kumar, Judicial Member Gujarat Industrial Investment Corporation Limited. sixth Floor 11 And 12 Udyog Bhavan, Gh Road Gh-IV Circle, Gandhinagar, Gujarat382011 PAN: AAACG5304Q (Appellant) Vs The Pr.CIT-3, Ahmedabad (Respondent) Assessee Represented: None (Application for withdrawal of appeal) Revenue Represented: Shri Sudhendu Das, CIT-DR Date of hearing : 31-01-2024 Date of pronouncement : 31-01-2024 आदेश/ORDER PER : T.R. SENTHIL KUMAR, JUDICIAL MEMBER:- This is an appeal filed by the Assessee as against the Revision order dated 29.03.2021 passed by the Principal Commissioner of Income Tax-3, Ahmedabad as against the assessment order passed under section 143(3) of the Income Tax Act, 1961 (hereinafter referred to as ‘the Act’) relating to the Assessment Year (A.Y) 2016-17. ITA No. 121/Ahd/2021 Assessment Year 2016-17 I.T.A No. 121/Ahd/2021 A.Y. 2016-17 Page No Gujarat Industrial Investment Corporation Ltd. vs. Pr. CIT 2 2. At the outset, Ld. Counsel for the assessee vide its letter dated 25.08.2023 stated that the assessee received giving effect order u/s. 143(3) r.w.s. 263 dated 28.03.2022 deciding the matter in favour of the assessee. Therefore the assessee is hereby withdraw the appeal. 3. Recording the above letter, the appeal filed by the assessee is hereby dismissed. Order pronounced in the open court on 31-01-2024 Sd/- Sd/- (ANNAPURNA GUPTA) (T.R. SENTHIL KUMAR) ACCOUNTANT MEMBER True Copy JUDICIAL MEMBER Ahmedabad : Dated 31/01/2024 आदेश कȧ ĤǓतͧलͪप अĒेͪषत / Copy of Order Forwarded to:- 1. Assessee 2. Revenue 3. Concerned CIT 4. CIT (A) 5. DR, ITAT, Ahmedabad 6. Guard file. By order/आदेश से, उप/सहायक पंजीकार आयकर अपीलȣय अͬधकरण, अहमदाबाद