SNEH CORPORATION, MUMBAI V. PR CIT OF IT 32, MUMBAI

ITA 1629/MUM/2016

• Counselvise Citation: [2017] 128 COUNSELVISE.COM (IT) 8467 (ITAT-MUMBAI)
• Duration Of Justice: 10 month(s) 17 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 07-02-2017
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: E
• Assessment Year: 2011-2012
• Appeal Filed On: 21-03-2016
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Assessee Lawyers: Y R KORI MS VIDISHA KALRA
• Section: 143(3); 263; 63

Judgement Text

, , , IN THE INCOME TAX APPELLATE TRIBUNAL MUMBAI BENCHES, G MUMBAI , , , BEFORE SHRI JOGINDER SINGH, JUDICIAL MEMBER, AND SHRI MANOJ KUMAR AGGARWAL, ACCOUNTANT MEMBER ITA NO.1629/MUM/2016 ASSESSMENT YEAR: 2011-12 M/S SNEH CORPORATION, C.S. NO.374, GROUND FLOOR, KANTI PARK, LAYOUT, OPP. DARSHAN HEIGHT BUILDING, C.S. NO.34, CHIKOOWADI, MUMBAI-400092 / VS. PRINCIPAL CIT-32, C-11, 02 ND FLOOR, PRATYAKSHAKAR BHAVAN, BANDRA KURLA COMPLEX, BANDRA(E), MUMBAI-400051 ( !'# $ /ASSESSEE) ( / REVENUE) PAN. NO . ABGFS6946J % & $ ' / DATE OF HEARING : 07/02/2017 & $ ' / DATE OF ORDER: 07/02/2017 / O R D E R PER JOGINDER SINGH(JUDICIAL MEMBER) THE ASSESSEE IS AGGRIEVED BY THE IMPUGNED ORDER DAT ED 03/03/2016 OF THE LD. PRINCIPAL OF COMMISSIONER OF INCOME !'# $ ! / ASSESSEE BY SHRI Y.R. KORI ! / REVENUE BY MS. VIDISHA KALRA CIT-DR ITA NO.1629/MUM/2016 M/S SNEH CORPORATION 2 TAX, MUMBAI, INVOKING REVISIONAL JURISDICTION U/S 2 63 OF THE INCOME TAX ACT, 1961 (HEREINAFTER THE ACT). 2. DURING HEARING OF THIS APPEAL, LD. COUNSEL FOR THE ASSESSEE, SHRI Y. R. KORI, MOVED APPLICATION WITH A REQUEST TO GRANT PERMISSION FOR WITHDRAWAL OF APPEAL, FILED BY THE ASSESSEE AS ASSESSMENT PURSUANT TO ORDER U/S 263 OF THE ACT HAS BEEN FINALIZED BY THE ASSESSING OFFICER VID E ORDER U/S 143(3) R.W.S. 263 OF THE ACT DATED 30/11/2016. THE LD. CIT-DR, MS. VIDISHA KALRA, HAD NO OBJECTION TO THE REQUEST OF THE LD. COUNSEL FOR THE ASSESSEE. 2.1. WE HAVE CONSIDERED THE SUBMISSIONS FROM BOTH SIDES AND CONSIDERING THE REQUEST OF THE LD. COUNSE L FOR THE ASSESSEE, THE PERMISSION TO WITHDRAW THE APPEAL, BY THE ASSESSEE, IS GRANTED, THEREFORE, THE APPEAL OF THE ASSESSEE IS DISMISSED AS WITHDRAWN. FINALLY, THE APPEAL OF THE ASSESSEE IS DISMISSED AS WITHDRAWN. THIS ORDER WAS PRONOUNCED IN THE OPEN COURT IN THE PRESENCE OF LD. REPRESENTATIVES FROM BOTH SIDES AT THE CONCLUSION OF THE HEARING ON 06/02/2017. SD/- SD/- ( MANOJ KUMAR AGGARWAL ) (JOGINDER SINGH) '!# / ACCOUNTANT MEMBER $!# /JUDICIAL MEMBER % MUBAI; ) DATED : 07/02/2017 ITA NO.1629/MUM/2016 M/S SNEH CORPORATION 3 F{X~{T? P.S/. . . %$&'()(*& / COPY OF THE ORDER FORWARDED TO : 1. +,- / THE APPELLANT (RESPECTIVE ASSESSEE) 2. ./,- / THE RESPONDENT. 3. 0 0 1$ ( + ) / THE CIT, MUMBAI. 4. 0 0 1$ / CIT(A)- , MUMBAI, 5. 34 .$! , 0 +' ! 5 , % / DR, ITAT, MUMBAI 6. 6' 7% / GUARD FILE. ! / BY ORDER, /3+$ .$ //TRUE COPY// /! (DY./ASSTT. REGISTRAR) , % / ITAT, MUMBAI