M/s Sandur Power Company Pvt Ltd , Bangalore V. Assistant Commissioner of Income Tax Central Circle-1(1), Bangalore

ITA 1225/BANG/2017

• Counselvise Citation: [2018] 126 COUNSELVISE.COM (IT) 5664 (ITAT-BANGALORE)
• Duration Of Justice: 7 month(s) 20 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 19-01-2018
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: C
• Assessment Year: 2006-2007
• Appeal Filed On: 30-05-2017
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Assessee Lawyers: SREELEKHA K G M
• Section: 143(3)

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL C BENCH : BANGALORE BEFORE SHRI SUNIL KUMAR YADAV, JUDICIAL MEMBER AND SHRI. INTURI RAMA RAO, ACCOUNTANT MEMBER ITA NO.1225/BANG/2017 ASSESSMENT YEAR : 2006-07 M/S. SANDUR POWER COMPANY PVT. LTD., NO.56B/34, 1 ST MAIN, VYALIKAVAL, LOWER PALACE ORCHARDS, BENGALURU-560003. PAN : AAFCS3839R VS. ASST. COMMISSIONER OF INCOME TAX, (CENTRAL CIRCLE)-1(1), C. R. BUILDING, QUEENS ROAD, BENGALURU-560001. APPELLANT RESPONDENT ASSESSEE BY : MS. SREELEKHA K, G.M. REVENUE BY : SHRI. SANJAY KUMAR, CIT DATE OF HEARING : 10.01.2018 DATE OF PRONOUNCEMENT : 19.01.2018 O R D E R PER SUNIL KUMAR YADAV, JUDICIAL MEMBER THIS APPEAL IS PREFERRED BY THE ASSESSEE AGAINST T HE ORDER OF THE CIT(A) FOR THE ASSESSMENT YEAR 2006-07. 2. DURING THE COURSE OF HEARING, THE LEARNED COUNSE L FOR THE ASSESSEE HAS MOVED AN APPLICATION FOR THE WITHDRAWAL OF THE APPEAL ON THE GROUND THAT IN CONSEQUENTIAL ORDER PASSED BY THE AO UNDER SECTION 143(3) R.W.S. 263 OF THE ACT, NO ADDITION WAS MADE. THEREFORE, ASSESSEE HAS NO GRIEVANCE AGAINST THE OR DER OF THE CIT PASSED UNDER SECTION 263 OF THE ACT. ACCORDINGLY HE WANTS TO WITHDRAW T HE APPEAL. THE REVENUE HAS NO OBJECTION TO IT. ACCORDINGLY, APPEAL OF THE ASSESS EE IS DISMISSED AS WITHDRAWN. 3. IN THE RESULT, APPEAL OF THE ASSESSEE IS DISMISS ED AS WITHDRAWN. ITA NO.1225/BANG/2017 PAGE 2 OF 2 PRONOUNCED IN THE OPEN COURT ON 19 TH JANUARY, 2018. SD/- SD/- ( INTURI RAMA RAO ) (SUNIL KUMAR YADAV) ACCOUNTANT MEMBER JUDICIAL MEMBER PLACE : BANGALORE DATED :19/01/2018 /NS/* COPY TO : 1 APPELLANT 2 RESPONDENT 3 CIT(A)-II BANGALORE 4 CIT 5 DR, ITAT, BANGALORE. 6 GUARD FILE BY ORDER SR. PRIVATE SECRETARY, ITAT, BANGALORE.