Suryachakra Power Corporation Ltd., Hyd, Hyderabad V. DCIT, Circle-3(2), Hyd, Hyderabad

ITA 1273/HYD/2015

• Counselvise Citation: [2016] 132 COUNSELVISE.COM (IT) 6642 (ITAT-HYDERABAD)
• Duration Of Justice: 5 month(s) 6 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 11-04-2016
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: A
• Next Hearing Date: 11-04-2016
• Assessment Year: 2010-2011
• Appeal Filed On: 04-11-2015
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: G APARNA RAO

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL HYDERABAD BENCH B, HYDERABAD BEFORE SMT P. MADHAVI DEVI, JUDICIAL MEMBER AND SHRI S. RIFAUR RAHMAN, ACCOUNTANT MEMBER ITA NO. 1273/HYD/2015 ASSESSMENT YEAR: 2010-11 SURYA CHAKRA POWER CORPORATION LTD., HYDERABAD. PAN AACCS 8126J VS. DY. COMMISSIONER OF INCOME- TAX, CIRCLE 3(2), HYDERABAD. (ASSESSEE) (RESPONDENT) ASSESSEE BY : SHRI SAMUEL NAGADESI REVENUE BY : SMT. G. APARNA RAO DATE OF HEARING 11-04-2016 DATE OF PRONOUNCEMENT 11-04-2016 O R D E R PER P. MADHAVI DEVI, J.M.: THIS APPEAL IS PREFERRED BY THE ASSESSEE AGAINST T HE ORDER OF THE LEARNED COMMISSIONER OF INCOME-TAX - 3, HYDERAB AD, DATED 16/03/2015 FOR AY 2010-11. 2. AT THE TIME OF HEARING THE LD. AR OF THE ASSESS EE HAS PLACED ON RECORD AN APPLICATION DATED 07.04.2016 REQUESTING F OR THE PERMISSION TO WITHDRAW ASSESSEES APPEAL. THE LEARNED DEPARTME NTAL REPRESENTATIVE DID NOT RAISE ANY OBJECTION TO SUCH PRAYER. WE, THEREFORE, PERMIT THE ASSESSEE TO WITHDRAW ITS APPE AL, WHICH HEREBY STANDS DISMISSED AS WITHDRAWN. 2 ITA NO. 1273 /HYD/2015 SURYA CHAKRA POWER CORPORATION LTD. 3. IN THE RESULT, APPEAL OF THE ASSESSEE IS DISMISS ED. PRONOUNCED IN THE OPEN COURT ON 11 TH APRIL, 2016. SD/- SD/- (S. RIFAUR RAHMAN) (P. MADHAVI DEVI) ACCOUNTANT MEMBER JUDICIA L MEMBER HYDERABAD, DATED: 11 TH APRIL, 2016 KV COPY TO:- 1) SURYA CHAKRA POWER CORPORATION LTD., C/O SAMUEL NAGADESI, CA 408, SRI RAMAKRISHNA TOWERS, BESIDES IMAGE HOSP ITALS, AMEERPET, HYDERABAD 500 073 2) DCIT, CIRCLE 3(2), IT TOWERS, AC GUARDS, HYDER ABAD 500 028 3 CIT III, HYDERABAD 4) THE DEPARTMENTAL REPRESENTATIVE, I.T.A.T., HYDE RABAD.