SEW Infrastructure Limited, Hyderabad V. Dy. Commissioner of Income Tax, Central Circle-2(2), Hyderabad

ITA 1712/Hyd/2017

• Counselvise Citation: [2018] 126 COUNSELVISE.COM (IT) 2422 (ITAT-HYDERABAD)
• Duration Of Justice: 5 month(s) 16 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 21-03-2018
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: A
• Assessment Year: 2013-2014
• Appeal Filed On: 05-10-2017
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: J SIRI KUMAR
• Assessee Lawyers: KIRAN
• Section: 154

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL HYDERABAD BENCHES A, HYDERABAD BEFORE SHRI D. MANMOHAN, VICE PRESIDENT AND SHRI S. RIFAUR RAHMAN, ACCOUNTANT MEMBER ITA NO. AY. APPELLANT RESPONDENT 1712/HYD/17 2013-14 SEW INFRASTRUCTURE LIMITED, HYDERABAD [PAN: AADCS4061P] THE DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-2(2), HYDERABAD 1714/HYD/17 2015-16 FOR ASSESSEE : SHRI KIRAN, AR FOR REVENUE : SHRI J. SIRI KUMAR, DR DATE OF HEARING : 16-03-2018 DATE OF PRONOUNCEMENT : 21-03-2018 O R D E R PER D. MANMOHAN, VICE-PRESIDENT: THESE TWO APPEALS ARE FILED AT THE INSTANCE OF THE ASSE SSEE- COMPANY AND THEY ARE DIRECTED AGAINST THE ORDERS PASS ED BY THE COMMISSIONER OF INCOME TAX (APPEALS)-12, HYDERABAD. 2. AT THE TIME OF HEARING, LD. COUNSEL FOR THE ASSESSE E FILED A LETTER DULY SIGNED BY THE MANAGING DIRECTOR OF THE COM PANY, SEEKING PERMISSION FOR WITHDRAWAL OF THE APPEALS ON T HE FOLLOWING GROUND: I.T.A. NOS. 1712 & 1714/HYD/2017 :- 2 - : THE ABOVE APPEAL STANDS POSTED FOR HEARING ON 16-0 3-2018. IN THIS CONNECTION THE ASSESSEE COMPANY (APPELLANT) REQUEST THAT IT MAY BE PERMITTED TO WITHDRAW THE APPEAL FILED AS THE SUBJE CT MATTER OF APPEAL WAS RECONSIDERED BY THE APPELLATE COMMISSIONER AGAI NST AN APPLICATION FILED BY THE APPELLANT UNDER SEC. 154 AND THE ISSUE WAS SETTLED. THEREFORE, THE APPEAL FILED MAY KINDLY BE TREATED A S IN FRUCTUOUS AND THE APPELLANT BE PERMITTED TO WITHDRAW ITS APPE AL. 3. THE LD.DR HAS NO OBJECTION IN THIS REGARD. 4. UNDER THESE CIRCUMSTANCES, WE DISMISS THE APPEALS F ILED BY THE ASSESSEE-COMPANY AS WITHDRAWN. ORDER PRONOUNCED IN THE OPEN COURT ON 21 ST MARCH, 2018 SD/- SD/- (S. RIFAUR RAHMAN) (D. MANMOHAN) ACCOUNTANT MEMBER VICE PRESIDENT HYDERABAD, DATED 21 ST MARCH, 2018 TNMM I.T.A. NOS. 1712 & 1714/HYD/2017 :- 3 - : COPY TO : 1. SEW INFRASTRUCTURE LIMITED, 6-3-871, SNEHALATA GREENLANDS ROAD, BEGUMPET, HYDERABAD. 2. THE DY. COMMISSIONER OF INCOME TAX, CENTRAL CIRC LE-2(2), HYDERABAD. 3. CIT (APPEALS)-12, HYDERABAD. 4. PR.CIT-CENTRAL, HYDERABAD. 5. D.R. ITAT, HYDERABAD. 6. GUARD FILE.