M/s. Kant Fincap (P) Ltd., New Delhi V. ITO, New Delhi

ITA 1214/DEL/2010

• Counselvise Citation: [2011] 140 COUNSELVISE.COM (IT) 52627 (ITAT-DELHI)
• Duration Of Justice: 1 year(s) 5 month(s) 26 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 13-09-2011
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: I
• Next Hearing Date: 13-09-2011
• Assessment Year: 2001-2002
• Appeal Filed On: 18-03-2010
• Result in Favour of: Revenue
• Court: TRIBUNAL

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL DELHI BENCH I, NEW DELHI BEFORE SHRI U.B.S. BEDI, JUDICIAL MEMBER & SHRI B.K. HALDAR, ACCOUNTANT MEMBER ITA NO.1214/DEL/2010 ASSESSMENT YEAR: 2001-02 KANT FINCAP (P) LTD., VS. ITO, 4B/4, RAJ NARAIN ROAD, WARD 5(1), CIVIL LINES, NEW DELHI. NEW DELHI. AABCK2665F (APPELLANT) (RESPONDENT) APPELLANT BY : WITHDRAWAL RESPONDENT BY : ROHIT GARG, SR. DR ORDER PER U.B.S. BEDI, J.M. THIS APPEAL OF THE ASSESSEE ARISE OUT OF THE ORDER PASSED BY THE LD. CIT(A)-VIII, NEW DELHI DATED 22.12.2009. 2. A PHOTOCOPY OF LETTER DATED 13 TH AUGUST, 2011 ADDRESSED TO THE REGISTRAR, ITAT, NEW DELHI WRITTEN BY THE AS SESSEE IS FOUND TO HAVE BEEN PLACED ON RECORD, WHEREIN THE AS SESSEE HAS REQUESTED FOR PERMISSION TO WITHDRAW THE APPEAL , AS ASSESSEE HAS ALREADY GOT RELIEF FROM CIT(A) AND THI S APPEAL HAS BECOME INFRUCTUOUS, THEREFORE, THE APPEAL OF THE AS SESSEE MAY BE DISMISSED AND AT THE TIME OF HEARING ALSO WHILE MAKING REFERENCE TO THE SAID ORDER, IT WAS PLEADED FOR DIS MISSAL OF THE ITA NO. 1214/D/2010 2 APPEAL AS HAVING BEEN WITHDRAWN. TO THIS MOVE OF L D. AR OF THE ASSESSEE, LD. DR DID NOT OBJECT. 3. IN CONSIDERATION OF REQUEST OF THE ASSESSEE FOR PERMISSION TO WITHDRAWAL OF APPEAL AND THERE BEING NO OBJECTIO N FROM REVENUES SIDE, WE ACCORD NECESSARY PERMISSION AND DISMISS THE APPEAL OF THE ASSESSEE AS WITHDRAWN. 4. AS A RESULT, THE APPEAL OF THE ASSESSEE GETS DIS MISSED. 5. THIS DECISION WAS PRONOUNCED IN THE OPEN COURT S OON AFTER THE CONCLUSION OF HEARING ON 13 TH SEPTEMBER, 2011. SD/- SD/- (B.K. HALDAR) (U .B.S. BEDI) ACCOUNTANT MEMBER JUDICIAL MEMBER DATED: 13.9.11 *KAVITA COPY FORWARDED TO: - 1. APPELLANT 2. RESPONDENT 3. CIT 4. CIT(A) 5. DR, ITAT TRUE COPY BY ORDER, DEPUTY REGISTRAR