Gautam Freight P. Ltd., Gandhidham-Kutch V. The Pr. CIT-1, Rajkot, Rajkot

ITA 175/RJT/2022

• Counselvise Citation: [2023] 100 COUNSELVISE.COM (IT) 5231 (ITAT-RAJKOT)
• Duration Of Justice: 1 year(s) 6 month(s) 1 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 23-11-2023
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: DB
• Next Hearing Date: 22-11-2023
• Assessment Year: 2017-2018
• Appeal Filed On: 22-05-2022
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Section: 263; 143(3)

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL RAJKOT BENCH, RAJKOT [CONDUCTED THROUGH VIRTUAL COURT] Before: Ms. Annapurna Gupta, Accountant Member And Shri T.R. Senthil Kumar, Judicial Member Gautam Freig ht Pvt. Ltd. Maitri Bhavan, Plot No. 18, Sector-8, Gandhidham-Kutch- 370201 PAN: AAACG7804M (Appellant) Vs Principal Commissioner of Income-1, Rajkot (Respondent) Assessee by: Written Submission Revenue by: Shri Shramdeep Sinha, Ld. CIT-D.R. Date of hearing : 23-11-2023 Date of pro nouncement : 24-11-2023 आदेश/ORDER PER : T.R. SENTHIL KUMAR, JUDICIAL MEMBER:- This appeal is filed by the assessee as against revision order dated 03-02-2022 passed by Principal Commissioner of Income Tax, Rajkot-1 under section 263 of the Income Tax Act, 1961 (hereinafter referred as the Act) against the assessment order passed u/s. 143(3) of the Act relating to the assessment year 2017- 18. ITA No. 175 /Rjt/2022 Assessment Year 2017-18 I.T.A No. 175/Rjt/2022 A.Y. 2017-18 Page No Gautam Freight P. Ltd. vs. Pr. CIT 2 2. At the outset, the assessee vide its letter dated 20 th November, 2023 requested to withdraw the above appeal as follows:- “Aforesaid appeal was filed against an order passed U/s. 263 of the act dated 03.02.2022 by Principal Commissioner, CIT-1, Rajkot. After passing of aforesaid order an assessment is competed U/s. 143(3) r.w.s. 263 of the act on 27.03.2023 (copy enclosed) determining the assessed income as income assessed U/s. 143(3) of the act. As no adverse interference was drawn while framing the reassessment, we humbly request your honour to kindly allow us to withdraw the appeal filed in ITA-175/RJT/2022 & oblige.” 3. The ld. CIT-DR has no objection in withdrawal of the above appeal. Recording the same, the above appeal filed by the assessee is dismissed as withdrawn. 4. In the result, the appeal filed by the assessee is dismissed as withdrawn. Order pronounced in the open court on 24-11-2023 Sd/- Sd/- (ANNAPURNA GUPTA) (T.R. SENTHIL KUMAR) ACCOUNTANT MEMBER JUDICIAL MEMBER Ahmedabad : Dated 24/11/2023 आदेश क त ल प अ े षत / Copy of Order Forwarded to:- 1. Assessee 2. Revenue 3. Concerned CIT 4. CIT (A) 5. DR, ITAT, Ahmedabad 6. Guard file. By order, Assistant Registrar, Income Tax Appellate Tribunal, Rajkot