Vemula Narasimha Rao, Hyderabad V. ACIT., Cir-1, Warangal

ITA 1659/HYD/2013

• Counselvise Citation: [2015] 121 COUNSELVISE.COM (IT) 0368 (ITAT-HYDERABAD)
• Duration Of Justice: 1 year(s) 6 month(s) 24 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 26-06-2015
• Appeal Filed By: Assessee
• Bench Allotted: B
• Next Hearing Date: 19-06-2015
• Assessment Year: 2010-2011
• Appeal Filed On: 02-12-2013
• Court: TRIBUNAL
• Department Lawyers: RAJAT MITRA
• Assessee Lawyers: P MURALI MOHAN RAO
• Section: 143(3); 263

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL HYDERABAD BENCHES B (SMC), HYDERABAD BEFORE SHRI B. RAMAKOTAIAH, ACCOUNTANT MEMBER I.T.A. NO. 1659/HYD/2013 ASSESSMENT YEAR: 2010-11 VEMULA NARASIMHA RAO, WARANGAL [PAN: ADPPV9370G] VS THE ASST. COMMISSIONER OF INCOME TAX, CIRCLE-1, WARANGAL (APPELLANT) (RESPONDENT) FOR ASSESSEE : S HRI P. MURALI MOHAN RAO, A R FOR REVENUE : S HRI RAJAT MITRA , D R DATE OF HEARING : 19 - 0 6 - 201 5 DATE OF PRONOUNCEMENT : 26 - 0 6 - 2015 O R D E R THIS IS AN APPEAL PREFERRED BY ASSESSEE AGAINST TH E ORDER OF THE COMMISSIONER OF INCOME TAX-VI, HYDERABAD DATED 30-1 0-2013 U/S. 263 OF THE INCOME TAX ACT [ACT], REVISING THE ORDER U/S . 143(3) DATED 28-03-2013. 2. AT THE OUTSET, LD. COUNSEL FILED LETTER DT. 18-0 6-2014, WITHDRAWING THE APPEAL. IT WAS SUBMITTED THAT ASSESSING OFFICE R (AO) CONSEQUENT TO THE ORDER U/S. 263 HAS EXAMINED THE CASE AND ACCEPT ED THE INCOME DETERMINED AS PER THE ORIGINAL ORDER. IN VIEW OF T HIS, CHALLENGE TO ORDER U/S. 263 DOES NOT SURVIVE. HENCE, APPEAL IS WITHDR AWN. CONSIDERING THE I.T.A. NO. 1659/HYD/2013 VEMULA NARASIMHA RAO :- 2 -: SUBMISSIONS OF THE LD. COUNSEL AND VERIFICATION OF THE RECORD, WITHDRAWAL OF APPEAL WAS PERMITTED. 3. ACCORDINGLY, APPEAL IS DISMISSED AS WITHDRAWN. ORDER PRONOUNCED IN THE OPEN COURT ON 26 TH JUNE, 2015. SD/- (B. RAMAKOTAIAH) ACCOUNTANT MEMB ER HYDERABAD, DATED 26 TH JUNE, 2015 TNMM COPY TO : 1. VEMULA NARASIMHA RAO, WARANGAL. C/O. P. MURALI & CO., CHARTERED ACCOUNTANTS, 6-3-655/2/3, I FLOOR, SOMAJI GUDA, HYDERABAD. 2. THE ASST. COMMISSIONER OF INCOME TAX, CIRCLE-I, WARANGAL. 3. CIT-VI, HYDERABAD. 4. THE ADDL. CIT, WARANGAL RANGE, WARANGAL. 5. D.R. ITAT, HYDERABAD. 6. GUARD FILE.