M/s Kapur Sons, Shimla V. ITO, Shimla

ITA 1236/CHANDI/2011

• Counselvise Citation: 123621514 RSA 2011
• Duration Of Justice: 6 month(s) 6 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 27-06-2012
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: SMC
• Next Hearing Date: 27-06-2012
• Assessment Year: 2007-2008
• Appeal Filed On: 21-12-2011
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Assessee Lawyers: V K GULATI

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL CHANDIGARH BENCHES SMC CHANDIGARH BEFORE SHRI H.L.KARWA, HON'BLE VICE PRESIDENT ITA NO. 1236/CHD/2011 ASSESSMENT YEAR: 2007-08 M/S KAPUR SONS, VS THE ITO, WARD-1, LOWER BAZAR, SHIMLA SHIMLA PAN NO. AADFK4155D (APPELLANT) (RESPONDENT) APPELLANT BY : SHRI V.K. GULATI RESPONDENT BY : SHRI AKHILESH GUPTA DATE OF HEARING : 27.06.2012 DATE OF PRONOUNCEMENT : 27.06.2012 ORDER THIS APPEAL FILED BY THE ASSESSEE IS DIRECTED AGAIN ST THE ORDER OF CIT(A)-I, SHIMLA DATED 20.10.2011 RELATING TO ASSE SSMENT YEAR 2007-08. THE ONLY GROUND RAISED BY THE ASSESSEE IN THIS APPE AL READS AS UNDER;_ 1. THAT THE LD. CIT(A) IS NOT JUSTIFIED IN UPHOLDIN G THE ADDITION OF RS. 34,019/- MADE BY THE LD. ASSESS ING OFFICER ON HYPOTHETICAL GROUNDS AND IS CONTRARY TO LAW. THE ADDITION SO CONFIRMED IS AGAINST THE FACTS OF T HE CASE AND DESERVES TO BE DELETED. 2. SHRI V.K. GULATI, ADVOCATE, LD. COUNSEL FOR THE ASSESSEE VIDE HIS APPLICATION DATED 27.6.2012 STATED AS UNDER:- 27.06.2012 M/S KAPUR SONS, L.B., SHIMLA VS INCOME TAX OFFICER, WARD-1, SHIMLA. SUB: APPEAL NO. 1236/CHANDI-2011 SIR, RESPECTFULLY SUBMITTED THAT THE SAID APPEAL HAS BEE N FIXED FOR HEARING FOR TODAY I.E. ON 27 TH JUNE, 2012. SEEING THE SMALLNESS OF THE REVENUE INVOLVED, THE S AID APPEAL MAY PLEASE BE CONSIDERED AS WITHDRAWN. THANKING YOU, YOURS FAITHFULLY, SD/- (V.K.GULATI), ADVOCATE COUNSEL FOR THE APPELLANT 3. IN VIEW OF THE ABOVE APPLICATION, I GRANT PERMIS SION TO THE ASSESSEE TO WITHDRAW THE ABOVE APPEAL. 4. IN THE RESULT, APPEAL IS DISMISSED. ORDER PRONOUNCED IN THE OPEN COURT ON THIS 27 TH JUNE, 2012. SD/- (H.L.KARWA) VICE PRESIDENT DATED : 27 TH JUNE, 2012 RKK COPY TO: 1. THE APPELLANT 2. THE RESPONDENT 3. THE CIT 4. THE CIT(A) 5. THE DR TRUE COPY BY ORDER ASSISTANT REGISTRAR