Shree Yogeshwar Co.Op.Credit So.Ltd., Mehsana V. The CIT.,GNR, Ahmedabad

ITA 1727/AHD/2012

• Counselvise Citation: [2016] 133 COUNSELVISE.COM (IT) 9730 (ITAT-AHMEDABAD)
• Duration Of Justice: 3 year(s) 5 month(s) 16 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 20-01-2016
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: B
• Next Hearing Date: 13-01-2016
• Assessment Year: 2007-2008
• Appeal Filed On: 03-08-2012
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: JAGDISH
• Assessee Lawyers: SUNIL H TALATI
• Section: 263

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL AHMEDABAD B BENCH BEFORE: SHR I S. S. GODARA , JUDICIAL MEMBER AND SHRI MANISH BOARD, ACCOUNTANT MEMBER SHREE YOGESHWAR CO.OP. CREDIT SOCIETY LTD, AT & POST. KAHODA, TALUKA; UNJHA, DIST. MEHSANA PAN: AAAJS1127N (APPELLANT) VS COMMISSIONER OF INCOME TAX GANDHINAGAR, FIRST FLOOR, NATURE VIEW BUILDING, ASHRAM ROAD, AHMEDABAD (R ESPONDENT) REVENUE BY : S H RI JAGDISH, CIT - D . R. ASSESSEE BY: S H RI SUNIL H. TALATI , A.R. DATE OF HEARING : 13 - 01 - 2 016 DATE OF PRONOUNCEMENT : 20 - 01 - 2 016 / ORDER P ER : S. S. GODARA , JUDICIAL MEMBER : - THIS ASSESSEE S APPEAL FOR A.Y. 2007 - 08, AR ISES FROM ORDER OF THE CIT, GANDHINAGAR DATED 13 - 03 - 2012 IN PROCEEDINGS UND ER SECTION 263 OF THE INCOME TAX ACT, 1961; IN SHORT THE ACT . I T A NO . 1727 / A HD/20 12 A SSESSMENT YEAR 200 7 - 08 I.T.A NO. 1727 /AHD/20 12 A.Y. 2007 - 08 PAGE NO SHREE YOGESHWAR CO.OP. CREDIT SOCIETY LTD VS. CIT 2 2. THE LD. AUTHORIZ ED REPRESENTATIVE SUBMITS AT THE OUTSET THAT THE INSTANT APPEAL CHALLENGES SECTION 263 ORDER DATED 13 - 03 - 2012 AND THE CIT(A) HAS ALREADY GRANTED IT SUBSTANTIVE RELIEF AGAINST ASSESSING OFFICER S CONSEQU ENTIAL ORDER IN FURTHERANCE TO DIRECTIONS IN QUESTION. HE ACCORDINGLY MAKES AN ENDORSEMENT IN THE CASE FILE SEEKING TO WITHDRAW THE PRESENT APPEAL. THE REVENUE DOES NOT RAISE ANY OBJECTION . WE ACCORDINGLY ACCEPT ASSESSEE S PRAYER SEEKING TO WITHDRAW THE INSTANT APPEAL. 3. THIS ASSESSEE S APPEAL IS DISMISS ED AS WITHDRAWN. ORDER PR ONOUNCED IN THE OPEN C OURT ON 20 - 01 - 201 6 SD/ - SD/ - ( MANISH BORAD ) ( S. S. GODARA ) ACCOUNTANT MEMBER JUDICIAL MEMBER AHMEDABAD : DATED 20 /01/2016 AK / COPY OF ORDER FORWARDED TO: - 1. ASSESSEE 2. REVENUE 3. CONCERNED CIT 4. CIT (A) 5. DR, ITAT, AHMEDABAD 6. GUARD FILE. BY ORDER/ , / ,