R.S. Brothers Textiles and Garments, Hyderabad V. ITO., Ward-9(4), Hyderabad

ITA 1391/HYD/2014

• Counselvise Citation: 139122514 RSA 2014
• Duration Of Justice: 8 month(s) 15 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 27-04-2015
• Appeal Filed By: Assessee
• Bench Allotted: A
• Next Hearing Date: 27-04-2015
• Assessment Year: 2010-2011
• Appeal Filed On: 11-08-2014
• Court: TRIBUNAL
• Department Lawyers: G APARNA RAO
• Assessee Lawyers: V RAGHAVENDRA RAO
• Section: 143(3); 263

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL HYDERABAD BENCHES A, HYDERABAD BEFORE SHRI P.M. JAGTAP, ACCOUNTANT MEMBER AND SHRI SAKTIJIT DEY, JUDICIAL MEMBER I.T.A. NO. 1391/HYD/2014 ASSESSMENT YEAR: 2010-11 R.S. BROTHERS TEXTILES AND GARMENTS, HYDERABAD [PAN: AAGDR5362N] VS INCOME TAX OFFICER , WARD-9(4), HYDERABAD (APPELLANT) (RESPONDENT) FOR ASSESSEE : SHRI V. RAGHAVENDRA RAO, AR FOR REVENUE : S MT. G. APARNA RAO, DR DATE OF HEARING : 2 7 - 0 4 - 201 5 DATE OF PRONOUNCEMENT : 27 - 04 - 2015 O R D E R PER SAKTIJIT DEY, J.M. : THIS IS AN APPEAL BY THE ASSESSEE AGAINST THE ORDE R DATED 13-06-2014 PASSED BY LD. COMMISSIONER OF INCOME TAX -VI, HYDERABAD U/S. 263 OF THE INCOME TAX ACT (ACT) FOR THE ASSESS MENT YEAR (AY) 2010-11. 2. WE HAVE HEARD THE PARTIES. AT THE OUTSET, THE L D. AR SUBMITTED BEFORE US THAT IN THE CONSEQUENTIAL ORDER PASSED BY THE ASSESSING OFFICER (AO) IN PURSUANCE TO THE DIRECTIONS OF THE CIT U/S. 263 OF THE ACT, THE AO HAS ACCEPTED ASSESSEE'S CLAIM AND NO ADDITION HA S BEEN MADE BY I.T.A. NO. 1391/HYD/2014 RS BROTHERS TEXTILES & GARMENTS :- 2 -: HIM. A COPY OF THE ASSESSMENT ORDER DT.31-03-2015 PASSED U/S. 143(3) R.W.S. 263 OF THE ACT FOR THE IMPUGNED ASSESSMENT Y EAR WAS ALSO PLACED ON RECORD. SINCE THE PRESENT APPEAL, IN EFFECT, HA S BECOME INFRUCTUOUS, THE LD. AR SOUGHT PERMISSION ON BEHALF OF THE ASSES SEE FOR WITHDRAWAL OF THE APPEAL. THE LD. DR. HAS NO OBJECTION IN PERMIT TING THE ASSESSEE TO WITHDRAW THE APPEAL. 3. IN VIEW OF THE AFORESAID, WE ALLOW THE ASSESSEE TO WITHDRAW THIS APPEAL. ACCORDINGLY, THE APPEAL IS DISMISSED AS WI THDRAWN. 4. IN THE RESULT, ASSESSEE'S APPEAL IS DISMISSED. ORDER PRONOUNCED IN OPEN COURT ON 27 TH APRIL, 2015 UPON CONCLUSION OF HEARING. SD/- SD/- (P.M. JAGTAP) (SAKTIJIT DEY) ACCOUNTANT MEMBER JUDICIAL MEMBER HYDERABAD, DATED 27 TH APRIL, 2015 TNMM COPY TO : 1. R.S. BROTHERS TEXTILES AND GARMENTS, 9 - 36, LALITHA NAGAR, DILSUKHNAGAR, HYDERABAD. 2. INCOME TAX OFFICER, WARD-9(4), IT TOWERS, AC GUA RDS, SAIFABAD, HYDERABAD. 3. CIT-VI, HYDERABAD 4. D.R. ITAT, HYDERABAD