The Cochin Malabar Estates & Industries Ltd, Coimbatore V. The ITO,Wd-2(4), Kochi

ITA 173/COCH/2019

• Counselvise Citation: [2022] 105 COUNSELVISE.COM (IT) 8177 (ITAT-COCHIN)
• Duration Of Justice: 2 year(s) 11 month(s) 22 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 23-02-2022
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: DB
• Assessment Year: 2014-2015
• Appeal Filed On: 03-03-2019
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Section: 263

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL COCHIN BENCH, COCHIN Before Shri George Mathan, JM & Shri Ramit Kochar, AM ITA No. 173/Coch/2019 (Assessment Year: 2014-15) The Cochin Malabar Estates & Industries Ltd. Cowcoody Chambers 234A, Race Course Road Coimbatore 641018 Vs. The Income Tax Officer Corporate Ward 2(4) Kochi PAN – AABCT0025C Appellant Respondent Appellant by: Withdrawal Application Respondent by: Smt. J.M. Jamuna Devi, Sr. D.R Date of Hearing: 24.02.2022 Date of Pronouncement: 24.02.2022 O R D E R Per: George Mathan, JM This is an appeal filed by the assessee against the order under Section 263 of the Income Tax Act, 1961 passed by the Principal Commissioner of Income Tax, Kochi-1 dated 22.01.2019 for AY 2014-15. 2. At the time of hearing the assessee has filed a letter stating that the present appeal was filed against the order of the Pr.CIT, Kochi passed under Section 263 of the Act. The reassessment, consequent to the above order, was completed by the AO vide order dated 31.12.2019, against with the assessee has filed appeal before CIT(A), which is pending for disposal. In view of the above reason the order under Section 263 of the Act become infructuous and therefore the assessee wishes to withdraw the appeal. ITA No. 173/Coch/2019 The Cochin Malabar Estates & Industries Ltd. 2 Considering the request of the assessee the appeal filed by the assessee stands dismissed as withdrawn. 3. In the result, the appeal filed by the assessee is dismissed as withdrawn. Dictated and pronounced in the open Court on 24 th February, 2022. Sd/- Sd/- (Ramit Kochar) (George Mathan) Accountant Member Judicial Member Cochin, Dated: 24 th February, 2022 Copy to: 1. The Appellant 2. The Respondent 3. The Pr.CIT - 1, Kochi 4. The DR, ITAT, Cochin 5. Guard File By Order //True Copy// Assistant Registrar ITAT, Cochin n.p.