MESERS TIRUMALA BALAJI ALLOYS PRIVATE LIMITED, RAIGARH V. DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE1(1), BILASPUR

ITA 183/RPR/2018

• Counselvise Citation: [2022] 105 COUNSELVISE.COM (IT) 1228 (ITAT-RAIPUR)
• Duration Of Justice: 3 year(s) 7 month(s) 20 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 24-05-2022
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: DB
• Assessment Year: 2012-2013
• Appeal Filed On: 04-10-2018
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Section: 143(3)

Judgement Text

आयकर अपीलȣय अͬधकरण Ûयायपीठ रायप ु र मɅ। IN THE INCOME TAX APPELLATE TRIBUNAL, RAIPUR BENCH, RAIPUR (Through Virtual Court) BEFORE SHRI RAVISH SOOD, JUDICIAL MEMBER AND SHRI RATHOD KAMLESH JAYANTBHAI, ACCOUNTANT MEMBER आयकर अपील सं. / ITA No. 183/RPR/2018 Ǔनधा[रण वष[ / Assessment Year : 2012-13 M/s. Tirumala Balaji Alloys Pvt. Ltd. Jindal Industrial Park, Punjipatra, Raigarh-496 001 (C.G.) PAN : AADCM8947J .......अपीलाथȸ / Appellant बनाम / V/s. The Deputy Commissioner of Income Tax, Circle-1(1), Bilaspur (C.G.) ......Ĥ×यथȸ / Respondent Assessee by : Ms. Puja Bajaj, AR Revenue by : Shri G.N Singh, DR स ु नवाई कȧ तारȣख / Date of Hearing : 25.05.2022 घोषणा कȧ तारȣख / Date of Pronouncement : 25.05.2022 2 M/s. Tirumala Balaji Alloys Pvt. Ltd. Vs. DCIT, CC-1(1) ITA No. 183/RPR/2018 आदेश / ORDER PER RAVISH SOOD, JM: The present appeal filed by the assessee is directed against the order passed by the CIT(Appeal), Bilaspur (C.G.), dated 02.04.2018, which in turn arises from the order passed by the A.O under Sec. 143(3) of the Income Tax Act, 1961 (for short ‘the Act’), dated 20.02.2015 for assessment year 2012-13. 2. At the very outset of hearing of appeal, it was submitted by the Ld. Authorized Representative (for short ‘AR’) for the assessee that the assessee seeks to withdraw the present appeal. Elaborating on the reasons for seeking of withdrawal of appeal, it was submitted by the Ld. AR that the assessee pursuant to search conducted on its group, had filed an application before the Income Tax Settlement Commission (ITSC) wherein, in the aforesaid application for the year under consideration the disputed addition was accepted by it. Backed by his aforesaid facts, it was submitted by the Ld. AR that captioned appeal pending for adjudication before the Tribunal had been rendered as infructuous. Accordingly, the assessee had requested for withdrawal of the captioned appeal. 3. Per contra, the Ld. Departmental Representative (for short ‘DR’) did not raise any objection to the seeking of the withdrawal of the appeal by the assessee. 3 M/s. Tirumala Balaji Alloys Pvt. Ltd. Vs. DCIT, CC-1(1) ITA No. 183/RPR/2018 4. After considering the aforesaid facts, we herein permit to withdraw the appeal as requested by the assessee/ appellant. 5. In the result, appeal filed by the assessee is dismissed as withdrawn. Order pronounced in open court on 25 th day of May, 2022. Sd/- Sd/- RATHOD KAMLESH JAYANTBHAI RAVISH SOOD (ACCOUNTANT MEMBER) (JUDICIAL MEMBER) रायप ु र/ RAIPUR ; Ǒदनांक / Dated : 25 th May, 2022 SB आदेश कȧ ĤǓतͧलͪप अĒेͪषत / Copy of the Order forwarded to : 1. अपीलाथȸ / The Appellant. 2. Ĥ×यथȸ / The Respondent. 3. The CIT(Appeals), Bilaspur (C.G) 4. The Pr. CIT, Bilaspur (C.G) 5. ͪवभागीय ĤǓतǓनͬध, आयकर अपीलȣय अͬधकरण,रायप ु र बɅच, रायप ु र / DR, ITAT, Raipur Bench, Raipur. 6. गाड[ फ़ाइल / Guard File. आदेशान ु सार / BY ORDER, // True Copy // Ǔनजी सͬचव / Private Secretary आयकर अपीलȣय अͬधकरण, रायप ु र / ITAT, Raipur. 4 M/s. Tirumala Balaji Alloys Pvt. Ltd. Vs. DCIT, CC-1(1) ITA No. 183/RPR/2018 Date 1 Draft dictated on 25.05.2022 Sr.PS/PS 2 Draft placed before author 25.05.2022 Sr.PS/PS 3 Draft proposed and placed before the second Member JM/AM 4 Draft discussed/approved by second Member AM/JM 5 Approved draft comes to the Sr. PS/PS Sr.PS/PS 6 Kept for pronouncement on Sr.PS/PS 7 Date of uploading of order Sr.PS/PS 8 File sent to Bench Clerk Sr.PS/PS 9 Date on which the file goes to the Head Clerk 10 Date on which file goes to the A.R 11 Date of dispatch of order