Parag Milk Foods Pvt. Ltd, Pune V. Assistant Director of Income-Tax, CPC, Bangalore

ITA 170/PUN/2022

AI Insights

The case involved Parag Milk Foods Limited, the appellant, who filed an appeal against the order of the CIT(A), Pune-11, concerning proceedings under Section 154 of the Income Tax Act, 1961 for the assessment year 2019-20. The appeal was scheduled for a hearing on December 19, 2022. However, prior to the hearing, the appellant submitted a request to withdraw the appeal, stating they no longer wished to press the grounds raised. The Revenue did not object to this withdrawal. As a result, the Tribunal dismissed the appeal as withdrawn on January 10, 2023.

• Counselvise Citation: [2023] 140 COUNSELVISE.COM (IT) 137341 (ITAT-PUNE)
• Duration Of Justice: 9 month(s) 25 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 09-01-2023
• Appeal Filed By: Assessee
• Order Result: DismissedDismissed
• Bench Allotted: B
• Next Hearing Date: 18-12-2022
• Assessment Year: 2019-2020
• Appeal Filed On: 14-03-2022
• Laws Referred To: Income Tax Act, 1961
• Result in Favour of: Revenue
• Court: TRIBUNAL

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL PUNE BENCH “B” : PUNE BEFORE SHRI SATBEER SINGH GODARA, JUDICIAL MEMBER AND DR. DIPAK P. RIPOTE, ACCOUNTANT MEMBER ITA.No.170/PUN./2022 Assessment Year 2019-20 Parag Milk Foods Limited, Awasari Phata, Village- Manchar, Tal-Ambegaon, Dist. Pune. Maharashtra. PAN AABCP0425G PIN – 410 503 vs. The ADIT, CPC, I.T. Department, Bengaluru. PIN 560 500 (Appellant) (Respondent) For Assessee : Shri Suhas Bora For Revenue : Shri M.G. Jasnani Date of Hearing : 19.12.2022 Date of Pronouncement : 10.01.2023 ORDER PER SATBEER SINGH GODARA, J.M. This assessee’s appeal for the assessment year 2019- 20, arises against the CIT(A), Pune-11, Pune’s order dated 07.01.2022, passed in DIN & Order No.ITBA/APL/S/250/ 2021-22/1038530537(1), involving proceedings under Section 154 of the Income Tax Act, 1961 (in short “the Act”). 2. Heard both the parties. Case file perused. 3. We find at the outset that the assessee has filed it’s application seeking to withdraw the instant appeal as follows : “The Applicant submits as under : 2 ITA.No.170/PUN./2022 Parag Milk Foods Pvt. Ltd., Pune. 1) The hearing of the aforesaid appeal is fixed on 19.12.2022. 2) Appellant wish not to press the grounds raised in appeal and wish to withdraw an appeal filed. 3) Accordingly, the appellant prays your honour to permit the appellant to withdraw the said appeal. With sincere apologies for the inconvenience caused.” 4. The Revenue is fair enough in not objecting to the assessee’s instant withdrawal prayer. 5. This assessee’s appeal is dismissed as withdrawn in above terms. Ordered accordingly. Order pronounced in the open Court on 10.01.2023. Sd/- Sd/- [DR. DIPAK P. RIPOTE] [SATBEER SINGH GODARA] ACCOUNTANT MEMBER JUDICIAL MEMBER Pune, Dated 10 th January, 2023 VBP/- Copy to 1. The appellant 2. The respondent 3. The Ld. CIT(A) concerned. 4. The CIT concerned 5. D.R. ITAT, Pune “B” Bench, Pune 6. Guard File. //By Order// Assistant Registrar, ITAT, Pune Benches Pune.