Shalimar Paints Limited, Howrah V. C.I.T., KOLKATA - IV, KOLKATA, Kolkata

ITA 1912/KOL/2014

• Counselvise Citation: 191223514 RSA 2014
• Duration Of Justice: 8 month(s) 29 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 13-07-2015
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: B
• Assessment Year: 2010-2011
• Appeal Filed On: 14-10-2014
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: SACHIDANANDA SRIVASTAVA
• Assessee Lawyers: ANJAN BHACHARYA
• Section: 263

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL KOLKATA BENCHES : B : KOLKATA BEFORE SHRI R.S. SYAL, AM & SHRI N.V. VASUDEVAN, JM ITA NO.1912/KOL/2014 ASSESSMENT YEAR : 2010-11 SHALIMAR PAINTS LTD., GOABERIA, DANESH SHEIKH LANE, HOWRA 711 109. PAN: AAECS0547D VS. COMMISSIONER OF INCOME TAX, KOLKATA-IV. (APPELLANT) (RESPONDENT) ASSESSEE BY : SHRI ANJAN BHACHARYA, AR DEPARTMENT BY : SHRI SACHIDANANDA SRIVASTAVA, CIT, DR DATE OF HEARING : 13.07.2015 DATE OF PRONOUNCEMENT : 13.07.2015 ORDER PER N.V. VASUDEVAN, JM: THIS APPEAL BY THE ASSESSEE ARISES OUT OF THE ORDE R PASSED BY THE CIT, KOLKATA-IV, KOLKATA ON 12.08.2014 U/S 263 OF T HE INCOME TAX ACT, 1961. ITA NO.1912/KOL/2014 2 2. AT THE TIME OF HEARING, THE LD. REPRESENTATIVE O F THE ASSESSEE, VIDE HIS LETTER DATED 16 TH JUNE, 2015, PLACED ON RECORD, SUBMITS THAT THE ASSESSEE WANTS TO WITHDRAW THE CAPTIONED APPEAL AS IN PURSUANCE OF THE ORDER OF THE CIT-IV, KOLKATA, DIRECTING THE AO TO R E-EXAMINE THE ENTIRE CASE AND WORK OUT THE TAXABLE INCOME, THE AO HAS NO T PROPOSED ANY ADDITION/DISALLOWANCE. IT WAS, THEREFORE PRAYED THA T THE ASSESSEE MAY BE ALLOWED TO WITHDRAW ITS APPEAL. 3. THE LD. DR HAS NO OBJECTION TO THE ASSESSEE WITH DRAWING ITS APPEAL. 4. IN VIEW OF THE ABOVE, WE ALLOW THE ASSESSEE TO W ITHDRAW ITS APPEAL. 5. IN THE RESULT, THE APPEAL IS DISMISSED AS WITHDR AWN. THE ORDER PRONOUNCED IN THE OPEN COURT ON 13.07.201 5. SD/- SD/- [R.S. SYAL] [N.V. VASUDEVAN] ACCOUNTANT MEMBER JUDICIAL MEMBER DATED, 13 TH JULY, 2015. DK ITA NO.1912/KOL/2014 3 COPY FORWARDED TO: 1. APPELLANT 2. RESPONDENT 3. CIT 4. CIT (A) 5. DR, ITAT AR, ITAT, NEW DELHI.