M/s. MBD Enterprises P.Ltd., Jalandhar V. The Deputy Commissioner of Income tax, Jalandhar

ITA 186/ASR/2010

• Counselvise Citation: [2011] 134 COUNSELVISE.COM (IT) 5820 (ITAT-AMRITSAR)
• Duration Of Justice: 1 year(s) 2 month(s) 1 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 14-06-2011
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: DB
• Next Hearing Date: 23-12-2010
• Assessment Year: 2003-2004
• Appeal Filed On: 12-04-2010
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Assessee Lawyers: PREM SINGH; GUNJEET S INGH ITP

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL AMRITSAR BENCH: AMRITSAR. BEFORE SHRI H.L. KARWA, VICE PRESIDENT AND SHRI MEHAR SINGH, ACCOUNTANT MEMBER. I.T.A. NO.186(ASR)/2010. (ASSESSMENT YEAR: 2003-04) M/S.M.B.D. ENTERPRISES P. LTD., THE ACIT, R ANGE IV, MBD HOUSE, RAILWAY ROAD, NOW DCIT,C.C.IV, JALANDHAR. JALANDHAR. (APPELLANT) VS. (RESPONDENT) APPELLANT BY: S/SHRI PREM SINGH, ADV. & GUNJEET S INGH, ITP. RESPONDENT BY: SHRI TARSEM LAL, D.R. ORDER PER H.L. KARWA, VICE PRESIDENT. THIS APPEAL FILED BY THE ASSESSEE IS DIRECTED AGAI NST THE ORDER OF THE CIT(A), JALANDHAR DATED 27-1-2010, RELATING TO THE ASSESSMENT YEAR 2003-04. 2. IN THIS APPEAL, THE ASSESSEE HAS TAKEN THE FOLLO WING GROUNDS:- 1. THAT THE LD. FIRST APPELLATE AUTHORITY HAS ILLE GALLY AND ARBITRARILY SUSTAINED ADDITION OF RS.5,559/- OUT OF TRAVELING E XPENDITURE. 2. THAT THE DISALLOWANCE OF RS.20,000/- OUT OF MISC . & TELEPHONE EXPENSES IS CONTESTED. 3. THAT THE LD. CIT(A) HAS ERRED IN SUSTAINING THE ADDITION OF RS.1,97,581/-. 3. AT THE TIME OF HEARING OF THE APPEAL, SHRI PREM SINGH, ADVOCATE, THE LEARNED COUNSEL FOR THE ASSESSEE, FILED AN APPLICAT ION, WHICH READS AS UNDER:- 2 SIR, RE: MBD ENTERPRISES (P) LTD. A.Y. 2003-04 APPEAL NO.186(ASR)/2010. ----------------- MOST HUMBLY IT IS SUBMITTED THAT THE APPELLANT HAS FILED APPEAL NO.186(ASR)/2010. IT IS PRAYED THAT THE APPELLANT MAY BE PERMITTED T O WITHDRAW THE AFORESAID APPEAL. THANKING YOU, YOURS FAITHFULLY, SD/- FOR MBD ENTERPRISES (P) LTD. DATED: 14-06-2011. JALANDHAR. 4. IN VIEW OF THE ABOVE LETTER, WE GRANT PERMISSION TO THE ASSESSEE TO WITHDRAW THE APPEAL. CONSEQUENTLY, THE APPEAL STAN DS DISMISSED AS WITHDRAWN. 5. IN THE RESULT, THE APPEAL IS DISMISSED, ORDER PRONOUNCED IN THE OPEN COURT ON 14 TH JUNE, 2011. SD/- SD/- (MEHAR SINGH) (H.L. KARWA) ACCOUNTANT MEMBER. VICE PRESIDENT. DATED: 14 TH JUNE, 2011. KC/- COPY OF THE ORDER FORWARDED TO: (1) THE ASSESSEE: M/S.MBD ENTERPRISES P. LTD., JAL. (2) THE DCIT, RANGE IV, JAL.(3) THE CIT, JAL. (4) THE CIT(A), JAL.(5) THE SR.D.R., ITAT, ASR. TRUE COPY BY ORDER ASSTT. REGISTRAR, INCOME TAX APPELLATE TRIBUNAL, AMRITSAR.