Premier Poultry Products Private Limited , Hyderabad V. DCIT-5(1), Hyderabad

ITA 190/Hyd/2021

AI Insights

The case involves Premier Poultry Products (P) Ltd, the appellant, who filed an appeal against an order passed under section 263 of the Income Tax Act, 1961 by the Pr.CIT-4, Hyderabad for the assessment year 2015-16. During the hearing, the assessee's counsel submitted an application seeking to withdraw the appeal, which was not objected to by the Departmental Representative. Consequently, the tribunal allowed the withdrawal and dismissed the appeal.

• Counselvise Citation: [2023] 140 COUNSELVISE.COM (IT) 302952 (ITAT-HYDERABAD)
• Duration Of Justice: 2 year(s) 2 month(s) 9 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 12-07-2023
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: DB-B
• Next Hearing Date: 12-07-2023
• Assessment Year: 2015-2016
• Appeal Filed On: 03-05-2021
• Laws Referred To: Income Tax Act, 1961
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Keywords: Revision of order
• Section: 263

Judgement Text

ITA 190 of 2021 Premier Poultry Products Page 1 of 2 आयकर अपीलȣय अͬधकरण, हैदराबाद पीठ IN THE INCOME TAX APPELLATE TRIBUNAL Hyderabad ‘B‘ Bench, Hyderabad Before Shri R.K. Panda, Vice-President AND Shri Laliet Kumar, Judicial Member ITA No.190/Hyd/2021 Assessment Year: 2015-16 Premier Poultry Products (P) Ltd, Hyderabad PAN:AACCP0922F Vs. Dy.CIT, Circle 5(1) Hyderabad (Appellant) (Respondent) Assessee by : Shri M.V. Anil Kumar, CA Revenue by: Shri Jeevan Lal Lavidiya, CIT(DR) Date of hearing: 13/07/2023 Date of pronouncement: 13/07/2023 ORDER Per R.K. Panda, Vice-President This appeal filed by the assessee is directed against the order dated 25.03.2021 passed u/s 263 of the I.T. Act, 1961 by the learned Pr.CIT-4, Hyderabad for the A.Y 2015-16. 2. The learned Counsel for the assessee at the time of hearing filed an application seeking withdrawal of the appeal for which the learned DR has no objection. Accordingly, the request of the assessee seeking withdrawal of the appeal is allowed and the appeal filed by the assessee is dismissed as withdrawn. 3. In the result, appeal filed by the assessee is dismissed. ITA 190 of 2021 Premier Poultry Products Page 2 of 2 Order pronounced in the Open Court at the time of hearing itself i.e on 13 th July, 2023. Sd/- Sd/- (LALIET KUMAR) JUDICIAL MEMBER (R.K. PANDA) VICE-PRESIDENT Hyderabad, dated 13 th July, 2023. Vinodan/sps Copy to: S.No Addresses 1 Premier Poultry Products Ltd., C/o M Anandam & Co. C.A, Flat No.7A Surya Towers, SP Road, Hyderabad 500003 2 Dy.CIT, Circle 5(1), 2 nd floor, IT Towers, AC Guards, Masab Tank, Hyderabad 500004 3 Pr. CIT-4 Hyderabad 4 DR, ITAT Hyderabad Benches 5 Guard File By Order