Atmaram Maneklal Industries Ltd., Ahmedabad V. The Income Tax Officer, Ward-1(3), Ahmedabad

ITA 1584/AHD/2013

• Counselvise Citation: [2014] 140 COUNSELVISE.COM (IT) 80280 (ITAT-AHMEDABAD)
• Duration Of Justice: 1 year(s) 2 month(s) 21 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 19-08-2014
• Appeal Filed By: Assessee
• Bench Allotted: A
• Next Hearing Date: 19-08-2014
• Assessment Year: 2008-2009
• Appeal Filed On: 29-05-2013
• Court: TRIBUNAL
• Department Lawyers: BHAVNESH KULSHRESHTHA
• Assessee Lawyers: MRS AARTI N SHAH
• Keywords: Tax effect
• Section: 263

Judgement Text

, , , , IN THE INCOME TAX APPELLATE TRIBUNAL A BENCH, AHMEDABAD BEFORE SHRI N.S. SAINI, ACCOUNTANT MEMBER AND SHRI KUL BHARAT, JUDICIAL MEMBER ITA NO. 1584/AHD/2013 (ASSESSMENT YEAR 2008-09) ATMARAM MANEKLAL INDUSTRIES LTD. 806, AAKRUTI, NR. STADIUM CIRCLE, NAVRANGPURA, AHMEDABAD-380009. PAN: AACCA3038R VS THE INCOME TAX OFFICER, WARD-1(3), AHMEDABAD. (APPELLANT) (RESPONDENT) REVENUE BY : SHRI BHAVNESH KULSHRESHTHA, SR. D.R. ASSESSEE(S) BY : MRS. AARTI N. SHAH, AR / // / DATE OF HEARING : 19/08/2014 !'# / DATE OF PRONOUNCEMENT: 19/08/2014 $% $% $% $%/ // / O R D E R PER SHRI N.S. SAINI, ACCOUNTANT MEMBER: THIS IS AN APPEAL FILED BY THE ASSESSEE AGAINST T HE ORDER PASSED U/S. 263 OF THE ACT BY COMMISSIONER OF INCOM E TAX, AHMEDABAD-1, AHMEDABAD DATED 28.03.2013 2. THE ASSESSEE HAS FILED AN APPLICATION FOR WITHD RAWAL OF THE APPEAL WHICH READS AS UNDER: ITA NO. 1584/AHD/2013 AATMARAM MANEKLAL INDUSTRIES LTD., AHMEDABAD FOR A.Y. 2008-09 - 2 - BEFORE THE INCOME TAX APPELLATE TRIBUNAL, BENCH 'A', AHMEDABAD I.T.A. NO.1584/AHD/2013 ASST. YEAR: 2008-09 ATMARAM MANEKLAL INDUSTRIES LTD. VS. INCOME TAX OFFICER 806, AKRUTI, NR. STADIUM CIRCLE, WARD 1(3), NAVRANGPURA, AHMEDABAD. AHMEDABAD. (APPELLANT) (RESPONDENT) APPLICATION FOR WITHDRAWAL OF APPEAL THE ABOVE APPEAL HAS BEEN FILED BY THE APPELLANT AG AINST THE ORDER UNDER SECTION 263 PASSED BY THE COMMISSIONER OF INC OME TAX, AHMEDABAD-I, AHMEDABAD FOR ASST. YEAR 2QQ8-Q9 SETTI NG ASIDE THE ORDER OF THE ASSESSING OFFICER DATED 12.04.2010. IN THE MEANTIME, THE ASSESSING OFFICER IN RESPONSE TO THE ORDER UNDER SECTION 263 HAS PASSED THE ORDER DATED 07.03. 2014 DISALLOWING THE SMALL LOSS OF RS. 2,65,316/- AGAINST THE TOTAL LOSS OF RS.62,60,042/-. SO, THERE IS NO TAX EFFECT IN RESPECT OF THE SAME. IN VIEW OF THE ABOVE, I HEREBY WITHDRAW THE APPEAL FILED BEFORE YOUR HONOUR IN THE ABOVE I.T.A. NO.L584/AHD/2013 FOR ASS T. YEAR 2008-09. PLACE: AHMEDABAD DATE: MARCH 20, 2014 FOR ATMARAK MANEKLAL INDUSTRIES LTD. DIRECTOR/AUTHORISED SIGNATORY (APPELLANT) 3. THE DEPARTMENTAL REPRESENTATIVE DID NOT HAVE AN Y OBJECTION TO THE WITHDRAWAL OF THE APPEAL BY THE AS SESSEE. THEREFORE, THE APPEAL FILED BY THE ASSESSEE IS DISM ISSED AS WITHDRAWN. ORDER PRONOUNCED IN THE COURT AT THE CLOSE OF HEARI NG ON TUESDAY, THE 19 TH OF AUGUST, 2014 AT AHMEDABAD. SD/- SD/- (KUL BHARAT) JUDICIAL MEMBER ( N.S. SAINI) ACCOUNTANT MEMBER AHMEDABAD; DATED 19/08/2014 GHANSHYAM MAURYA, SR. P.S.