The Lakshmi Vilas Bank Limited, CHENNAI V. ACIT, Trichy

ITA 1210/CHNY/2014

• Counselvise Citation: [2014] 120 COUNSELVISE.COM (IT) 7112 (ITAT-CHENNAI)
• Duration Of Justice: 4 month(s) 11 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 16-09-2014
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: C
• Next Hearing Date: 15-09-2014
• Assessment Year: 2006-2007
• Appeal Filed On: 05-05-2014
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: DR MOHARANACIT
• Assessee Lawyers: G SEETHARAMANC A
• Section: 154

Judgement Text

, , IN THE INCOME TAX APPELLATE TRIBUNAL C BENCH, CHENNAI . , . . , BEFORE SHRI A.MOHAN ALANKAMONY, ACCOUNTANT MEMBER AND SHRI S.S.GODARA, JUDICIAL MEMBER ./ I.T.A.NO.1210/MDS./2014 ( / ASSESSMENT YEAR : 2006-07 ) THE LAKSHMI VILAS BANK LIMITED, KATHAPARAI, KARUR. VS. ASSISTANT COMMISSIONER OF INCOME TAX, COMPANY CIRCLE-I TIRUCHIRAPALLI. PAN AAACT 4291 P ( / APPELLANT ) ( / RESPONDENT ) / APPELLANT BY : SHRI G.SEETHARAMAN,C.A. ! / RESPONDENT BY : DR.MOHARANA,CIT D.R ' #$ / DATE OF HEARING : 16.09.2014 %& #$ /DATE OF PRONOUNCEMENT : 16.09.2014 ! / O R D E R PER A.MOHAN ALANKAMONY , ACCOUNTANT MEMBER: THIS APPEAL IS FILED BY THE ASSESSEE, AGGRIEVED B Y THE ORDER OF THE LEARNED COMMISSIONER OF INCOME TAX, TIRUCHIRAPA LLI DATED ITA NO. 1210/MDS/2014 THE LAKSHMI VILAS BANK LTD 2 29.01.2014 IN ITA NO.09/12-13/CIT(A)/TRY PASSED UND ER SECTION 154 READ WITH SECTION 250 OF THE ACT. 2. AT THE OUTSET THE LD. A.R. SUBMITTED THAT THE A SSESSEE PREFERS TO WITHDRAW THIS APPEAL. LD. D.R DID NOT OBJECT TO THE SUBMISSIONS OF THE LD. A.R. THEREFORE, WE HEREBY ALLOW THE APPEAL OF THE ASSESSEE TO BE WITHDRAWN. 3. IN THE RESULT, THE APPEAL OF THE ASSESSEE IS DIS MISSED AS WITHDRAWN. ORDER PRONOUNCED IN THE OPEN COURT AFTER CONCLUS ION OF HEARING ON 16 TH SEPTEMBER, 2014. (S.S.GODARA ) (A.MOHAN ALANKAMONY ) JUDICIAL MEMBER ACCOUNTANT MEMBER CHENNAI, DATED THE 16 TH SEPTEMBER, 2014. K S SUNDARAM. '( #)* +*# /COPY TO: 1. /APPELLANT 2. ! /RESPONDENT 3. ' ,# () /CIT(A) 4. ' ,# /CIT 5. */0 # /DR 6. 01 2 /GF ITA NO. 1210/MDS/2014 THE LAKSHMI VILAS BANK LTD 3