M/s. Coastal Transport Company, Jagatsinghpur V. Principal Commissioner of Income Tax, Cuttack

ITA 166/CTK/2020

• Counselvise Citation: [2022] 105 COUNSELVISE.COM (IT) 6233 (ITAT-CUTTACK)
• Duration Of Justice: 1 year(s) 8 month(s) 6 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 22-03-2022
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: DB
• Assessment Year: 2015-2016
• Appeal Filed On: 16-07-2020
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Section: 263; 143(3)

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL, BEFORE S/ AND ARUN KHODPIA, ACCOUNTANT MEMBER M/s. Coastal Transport Company, R.No.4&5, Madhuban Market Complex, Paradeep. PAN/GIR No. (Appellant Per C.M.Garg This is an appeal filed by the assessee against the or the Act of the year 2015-16 2. Vide petition dated 2 that in pursuance to order under section 263 of the I.T.Act, section 143(3) r.w no further addition has been made. Therefore, the appeal filed against the order u/s.263 of the Act has become infructuous. In view of above, ld A.R. IN THE INCOME TAX APPELLATE TRIBUNAL, CUTTACK BENCH, CUTTACK S/SHRI CHANDRA MOHAN GARG, JUDICIAL AND ARUN KHODPIA, ACCOUNTANT MEMBER ITA No.166/CTK/2020 Assessment Year : 2015-16 M/s. Coastal Transport Company, R.No.4&5, Madhuban Market Complex, Paradeep. Vs. Pr.CIT, Cuttack No.AAECR 6277 K (Appellant) .. ( Respondent Assessee by : Shri Sandeep Kumar Jena Revenue by : Shri M.K.Goutam. Date of Hearing : 23 /3/ 20 Date of Pronouncement : 23/ O R D E R g, JM This is an appeal filed by the assessee against the or t of the Ld. Pr. CIT, Cuttack dated 24.3.2020 . Vide petition dated 2.3.2022, the ld A.R. of the assessee submitted that in pursuance to order under section 263 of the I.T.Act, section 143(3) r.w. 263 of the Act has been passed on 23.9.2021 no further addition has been made. Therefore, the appeal filed against the order u/s.263 of the Act has become infructuous. In view of above, ld A.R. Page1 | 2 IN THE INCOME TAX APPELLATE TRIBUNAL, JUDICIAL MEMBER AND ARUN KHODPIA, ACCOUNTANT MEMBER Cuttack Respondent) Sandeep Kumar Jena, AR CIT (DR) / 2022 /3/2022 This is an appeal filed by the assessee against the order u/s.263 of .2020 for the assessment .3.2022, the ld A.R. of the assessee submitted that in pursuance to order under section 263 of the I.T.Act, the order under on 23.9.2021 wherein, no further addition has been made. Therefore, the appeal filed against the order u/s.263 of the Act has become infructuous. In view of above, ld A.R. ITA No.166/CTK/2020 Assessment Year : 2015-16 Page2 | 2 submitted that since the order u/s.263 is infructuous, the appellant may be permitted to withdraw the appeal filed before the Tribunal, to which, ld CIT DR had no objection. 3. In view of above, we accede to the request of ld A.R. of the assessee and permit to withdraw the appeal. 4. In the result, appeal of the assessee is dismissed as withdrawn. Order pronounced on 23 /3/2022. Sd/- sd/- (Arun Khodpia) (Chandra Mohan Garg) ACCOUNTANT MEMBER JUDICIAL MEMBER Cuttack; Dated 23 /03/2022 B.K.Parida, SPS (OS) Copy of the Order forwarded to : By order Sr.Pvt.secretary ITAT, Cuttack 1. The Appellant : M/s. Coastal Transport Company, R.No.4&5, Madhuban Market Complex, Paradeep 2. The Respondent. Pr.CIT, Cuttack 3. The CIT(A)-, Cuttack 4. DR, ITAT, Cuttack 5. Guard file. //True Copy//