Tanman Investment Service Pvt.Ltd., Jabalpur V. Pr.CIT-1, Jabalpur

ITA 14/JAB/2021

• Counselvise Citation: [2022] 105 COUNSELVISE.COM (IT) 2462 (ITAT-JABALPUR)
• Duration Of Justice: 11 month(s) 9 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 11-05-2022
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: DB
• Assessment Year: 2016-2017
• Appeal Filed On: 02-06-2021
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Section: 263

Judgement Text

1 | P a g e IN THE INCOME TAX APPELLATE TRIBUNAL JABALPUR BENCH, JABALPUR (Through web-based video conferencing platform) BEFORE SHRI SANJAY ARORA, HON’BLE ACCOUNTANT MEMBER & SHRI MANOMOHAN DAS, HON'BLE JUDICIAL MEMBER I.T.A. No. 14/JAB/2021 (Asst. Year : 2016-17) Appellant by : None Respondent by : Shri U.B. Mishra, CIT-DR Date of hearing : 12/05/2022 Date of pronouncement : 12/05/2022 O R D E R Per Sanjay Arora, AM This is an Appeal by the Assessee directed against the Order under section 263 of the Income Tax Act, 1961 (‘the Act’, hereinafter) in the assessee’s case for the Assessment Year (AY) 2016-17, dated 17/03/2021. 2. At the outset, it was observed by the Bench that the assessee has, through his counsel, made a written request for permission to withdraw the appeal. The order pursuant to the sec. 263 order, it is stated, has since been passed. The assessee is agreeable to the adjustments made in assessment, and does not wish to litigate the same. The ld. CIT-DR fairly did not object to the said request by the assessee. Tanam Investment Service Pvt. Ltd., Simplex Estate, Nagpur Road, Madan Mahal, Jabalpur. [PAN : AADCT 3343 B] vs. Principal CIT-1, Jabalpur. (Appellant) (Respondent) ITA No. 14/JAB/2021 (A.Y. 2016-17) Tanam Investment Service Pvt. Ltd. vs. Pr.CIT 2 | P a g e 3. Under the circumstances, we accordingly have no hesitation in, accepting the assessee’s plea, direct the withdrawal of its’ appeal. We decide accordingly. 4. In the result, the assessee’s appeal is dismissed in limine. Order pronounced in open Court on May 12, 2022 Sd/- Sd/- (Manomohan Das) (Sanjay Arora) Judicial Member Accountant Member Dated: 12/05/2022 vr/- Copy to: 1. The Appellant: Tanam Investment Service Pvt. Ltd., Simplex Estate, Nagpur Road, Madan Mahal, Jabalpur. 2. The Respondent: Principal CIT-1, Jabalpur. 3. The CI T-D.R., I TAT, Jablapur 4. Guard file. By order (VUKKEM RAMBABU) Sr. Private Secretary, ITAT, Jabalpur