Chandrakala Resort Hotels Limited, CHENNAI V. ACIT, CHENNAI

ITA 1906/CHNY/2015

• Counselvise Citation: [2018] 125 COUNSELVISE.COM (IT) 2826 (ITAT-CHENNAI)
• Duration Of Justice: 2 year(s) 11 month(s) 15 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 13-08-2018
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: B
• Assessment Year: 2005-2006
• Appeal Filed On: 28-08-2015
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: HARI GOVIND
• Assessee Lawyers: R MEENAKSHISUNDARAM

Judgement Text

, , IN THE INCOME TAX APPELLATE TRIBUNAL , B BENCH, CHENNAI . , . , BEFORE SHRI A.MOHAN ALANKAMONY, ACCOUNTANT MEMBER AND SHRI DUVVURU RL REDDY, JUDICIAL MEMBER ./ I.T.A.NO.1906/CHNY/2015 ( / ASSESSMENT YEAR: 2005-06) M/S. CHANDRAKALA RESORT HOTELS LIMITED, 332, (OLD NO.167), THAMBU CHETTY STREET, CHENNAI 600 001. VS THE ACIT, COMPANY CIRCLE I(3), CHENNAI - 34. PAN: AAACC2149P ( /APPELLANT) ( /RESPONDENT) /ASSESSEE BY : SHRI R. MEENAKSHISUNDARAM, ADVOCATE /REVENUE BY : SHRI HARI GOVIND, JCIT /DATE OF HEARING : 13.08.2018 /DATE OF PRONOUNCEMENT : 13.08.2018 / O R D E R PER A. MOHAN ALANKAMONY, AM:- THIS APPEAL BY THE ASSESSEE IS DIRECTED AGAINST THE ORDER PASSED BY THE LEARNED COMMISSIONER OF INCOME TAX (APPEALS)-1, CHENNAI DATED 25.5.2015 IN NEW NO. ITA 76/CIT(A)-1/2010-11 FOR THE ASSESSMENT YEAR 2005-06 PASSED U/S.143(3) R.W.S. 147 OF THE ACT. 2 ITA NO.1906/CHNY /2015 2. AT THE OUTSET, THE LD.AR SUBMITTED BEFORE US THAT THE ASSESSEE DESIRES TO WITHDRAW THE APPEAL FILED BY THE ASSESSEE. THE ASSESSEE ALSO SUBMITTED A LETTER DATED 06 TH AUGUST 2018 BEFORE US REQUESTING FOR DISMISSING THE APPEAL FILED BY IT AS NOT PRESSED. THE EXTRACT OF THE LETTER DATED 06.08.2018 IS REPRODUCED HEREIN BELOW FOR REFERENCE: REG: CHANDRAKALA RESORT HOTELS LIMITED / PAN: AAACC2149P APPEAL BEFORE THE B BENCH OF THE INCOME- TAX APPELLATE TRIBUNAL, CHENNAI ITA NO.1906/CHNY/2015 ASSESSMENT YEAR 2005-2006 THE ABOVE APPEAL FILED BY OUR COMPANY STANDS POSTED FOR HEARING BEFORE THE B BENCH OF THE HONBLE TRIBUNAL ON MONDAY, THE 13 TH AUGUST 2018 AT 10.30 A.M. WE ARE ENCLOSING A PETITION PRAYING FOR DISMISSAL OF THE APPEAL AS NOT PRESSED AND REQUEST YOU TO KINDLY PLACE THE SAME BEFORE THE HONBLE MEMBERS. THANKING YOU YOURS FAITHFULLY FOR CHANDRAKALA RESORT HOTELS LIMITED SD/- DIRECTOR 3. THE LD.DR DID NOT RAISE ANY OBJECTION FOR WITHDRAWING THE APPEAL. 3 ITA NO.1906/CHNY /2015 4. AFTER HEARING BOTH SIDES, CONSIDERING THE PRAYER OF THE LD.AR, WE HEREBY DISMISS THE APPEAL OF THE ASSESSEE AS WITHDRAWN. 5. IN THE RESULT, THE APPEAL FILED BY THE ASSESSEE IS DISMISSED AS WITHDRAWN. ORDER PRONOUNCED IN THE OPEN COURT ON THE 13 TH AUGUST, 2018 AT CHENNAI. SD/- SD/- ( . ) ( . ) ( DUVVURU RL REDDY ) ( A. MOHAN ALANKAMONY ) /JUDICIAL MEMBER / ACCOUNTANT MEMBER /CHENNAI, /DATED 13 TH AUGUST, 2018 RSR /COPY TO: 1. /APPELLANT 2. /RESPONDENT 3. ( )/CIT(A) 4. /CIT 5. /DR 6. /GF