Binani Industries Ltd, Kolkata V. CIT, Central-1, Kolkata, Kolkata

ITA 1299/KOL/2012

• Counselvise Citation: [2015] 140 COUNSELVISE.COM (IT) 87622 (ITAT-KOLKATA)
• Duration Of Justice: 2 year(s) 3 month(s) 27 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 07-01-2015
• Appeal Filed By: Assessee
• Bench Allotted: C
• Assessment Year: 2008-2009
• Appeal Filed On: 10-09-2012
• Court: TRIBUNAL
• Department Lawyers: DI
• Assessee Lawyers: SUSHIL MUNDHRA

Judgement Text

, C , IN THE INCOME TAX APPELLATE TRIBUNAL C BENCH: KOLKATA ( ) BEFORE , /AND , ) [BEFORE SHRI MAHAVIR SINGH, JM & SHRI SHAMIM YAHYA , AM ] / I.T.A NO. 1299 /KOL/201 2 / ASSESSMENT YEAR : 200 8 - 0 9 BINANI INDUSTRIES LTD. VS. COMMISSIONER OF INCOME - TAX, CENTRAL - 1, (PAN:AABCB0979M) KOLKATA ( /APPELLANT ) ( / RESPONDENT ) DATE OF HEARING: 0 7 . 01 .201 5 DATE OF PRONOUNCEMENT: 07 . 01 .201 5 FOR THE APPELLANT: SHRI SUSHIL MUNDHRA, AR FOR THE RESPONDENT: SHRI DIPANKAR MUKHOPADHYAY, JCIT, SR. DR / ORDER PER SHRI MAHAVIR SINGH, JM : THIS APPEAL BY ASSESSEE IS ARISING OUT OF REVISION ORDER OF CIT , CENTRAL - I, KOLKATA IN M. NO. CIT(C - 1)/263/BINANI INDUS. LTD./TECH/12 - 13/KOL/3024 - 26 DATED 30 . 0 7 .201 2 . ASSESSMENT WAS FRAMED BY DCIT, XXVIII, KOLKATA U/S. 1 43(3) OF THE INCOME - TAX ACT, 1961 (HEREINAFTER REFERRED TO AS THE ACT ) FOR ASSESSMENT YEAR 200 8 - 0 9 VIDE HIS ORDER DATED 31 . 1 2 .20 1 0 . 2. AT THE OUTSET, LD. AUTHORISED REPRESENTATIVE OF ASSESSEE TOOK US TO THE LETTER DATED 31.12.2014 FILED BY ASSESSEE WHEREIN IT IS STATED THAT .. AS THE QUANTUM APPEAL IS BEING HEARD, WE WOULD REQUEST YOUR HONOR S TO ALLOW US TO WITHDRAW THE APPEAL AS NOW WE ARE PERUSING THE QUANTUM APPEAL ON THE SAME ISSUE. LD. DR HAS NOT OBJECTED TO THE WITHDRAWAL. HENCE, WE PERMIT THE WITHDRAWAL. APPEAL OF ASSESSEE IS DISMISSED BEING WITHDRAWN. 3 . IN THE RESULT, APPEAL OF ASSESSEE IS DISMISSED BEING WITHDRAWN. 4 . ORDER IS PRONOUNCED IN THE OPEN COURT. SD/ - SD/ - , , ( SHAMIM YAHYA ) (MAHAVIR SINGH) ACCOUNTANT MEMBER JUDICIAL MEMBER DATED : 7 TH JANUARY , 201 5 JD.(SR.P.S.) 2 ITA NO. 1299 /K/201 2 BINANI INDUSTRIES LTD. AY 20 0 8 - 0 9 - COPY OF THE ORDER FORWARDED TO: 1 . / A PPELLANT BINANI INDUSTRIES LTD., 37/2 , CHINAR PARK, NEW TOWN, RAJARHAT MAIN ROAD, P.O. HATIARA, NORTH 24 PARGANAS, KOLKATA - 700 157 2 / RESPONDENT CIT, CENTRAL - 1, KOLKATA. 3 . ( )/ THE CIT(A), KOLKATA 4. 5. / CIT KOLKATA / DR, KOLKATA BENCHES, KOLKATA / TRUE COPY, / BY ORDER, /ASSTT. REGISTRAR .