Summa Real Media Pvt. Ltd, Bhubanesar V. Pr.CIT-1, Bhubaneswar

ITA 19/CTK/2022

AI Insights

This case involves an appeal by Summa Real Media Pvt Ltd. against an order passed by the Principal Commissioner of Income Tax (Pr. CIT), Bhubaneswar, under section 263 of the Income Tax Act. The appeal was related to the assessment year 2016-17. During the hearing, the assessee's representative decided not to pursue the appeal, as indicated by an endorsement in the appeal folder. Consequently, the tribunal dismissed the appeal without further proceedings.

• Counselvise Citation: [2023] 140 COUNSELVISE.COM (IT) 300342 (ITAT-CUTTACK)
• Duration Of Justice: 11 month(s) 7 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 01-02-2023
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: DB
• Next Hearing Date: 01-02-2023
• Assessment Year: 2016-2017
• Appeal Filed On: 24-02-2022
• Laws Referred To: Income Tax Act
• Result in Favour of: Revenue
• Court: TRIBUNAL

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL, BEFORE AND ARUN KHODPIA, ACCOUNTANT MEMBER Summa Real Media Pvt Ltd., Plot No.195, Dharama Vihar, Khandagiri, Bhubaneswar. PAN/GIR No. (Appellant Per Bench This is an appeal filed by the assessee ag CIT passed u/s.263 of the Act, ITBA/REV/F/REV5/2020 17. 2. Shri K.K.Bal, ld AR appeared for the assessee and Shri M.K.Gautam, ld CIT DR appeared for the revenue. 3. At the time of hearing, ld AR of the assessee submitted that he does not wish to press the appeal and has endorsed in the appeal folder to that IN THE INCOME TAX APPELLATE TRIBUNAL, CUTTACK BENCH, CUTTACK BEFORE S/SHRI GEORGE MATHAN, JUDICIAL AND ARUN KHODPIA, ACCOUNTANT MEMBER ITA No.19/CTK/2022 Assessment Year : 2016-17 Summa Real Media Pvt Ltd., Plot No.195, Dharama Vihar, Khandagiri, Bhubaneswar. Vs. Pr. CIT, Bhubaneswar PAN/GIR No.AANCS 9301 G (Appellant) .. ( Respondent Assessee by : Shri K.K.Bal, AR Revenue by : Shri M.K.Gautam, Date of Hearing : 2/02 Date of Pronouncement : 2/02 O R D E R This is an appeal filed by the assessee against the order of the ld Pr. passed u/s.263 of the Act, dated 22.3.2021 ITBA/REV/F/REV5/2020-21/1031663670(1) for the assessment year Shri K.K.Bal, ld AR appeared for the assessee and Shri M.K.Gautam, ld CIT DR appeared for the revenue. At the time of hearing, ld AR of the assessee submitted that he does sh to press the appeal and has endorsed in the appeal folder to that Page1 | 2 IN THE INCOME TAX APPELLATE TRIBUNAL, JUDICIAL MEMBER AND ARUN KHODPIA, ACCOUNTANT MEMBER Pr. CIT, Bhubaneswar-1. Respondent) K.K.Bal, AR M.K.Gautam, CIT DR 2/2023 2/2023 ainst the order of the ld Pr. 22.3.2021 in Appeal No. for the assessment year 2016- Shri K.K.Bal, ld AR appeared for the assessee and Shri M.K.Gautam, At the time of hearing, ld AR of the assessee submitted that he does sh to press the appeal and has endorsed in the appeal folder to that ITA No.19/CTK/2022 Assessment Year : 2016-17 Page2 | 2 effect. Consequently, the appeal filed by the assessee is dismissed as not pressed. 4. In the result, appeal of the assessee stands dismissed. Order dictated and pronounced in the open court on 02/02/2023. Sd/- sd/- (Arun Khodpia) (George Mathan) ACCOUNTANT MEMBER JUDICIAL MEMBER Cuttack; Dated 02/02/2023 B.K.Parida, SPS (OS) Copy of the Order forwarded to : By order Sr.Pvt.secretary ITAT, Cuttack 1. The Appellant : Summa Real Media Pvt Ltd., Plot No.195, Dharama Vihar, Khandagiri, Bhubaneswar 2. The Respondent: Pr. CIT, Bhubaneswar-1 3. The CIT(A)-1, Bhubaneswar 5. DR, ITAT, Cuttack 6. Guard file. //True Copy//