M/s. Prithvi Information Solutions Limited, Hyd, Hyderabad V. ACIT, Circle-16(3), Hyderabad

ITA 1923/HYD/2011

• Counselvise Citation: [2013] 140 COUNSELVISE.COM (IT) 69997 (ITAT-HYDERABAD)
• Duration Of Justice: 2 year(s) 1 month(s) 15 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 31-12-2013
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: B
• Assessment Year: 2007-2008
• Appeal Filed On: 15-11-2011
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: JEEVAN LAL LAVADIYA
• Assessee Lawyers: M V JOSHI

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL HYDERABAD BENCH B', HYDERABAD BEFORE SHRI CHANDRA POOJARI, ACCOUNTANT MEMBER AND SMT. ASHA VIJAYARAGHAVAN, JUDICIAL MEMBER ITA NO. 1923/HYD/2011 ASSESSMENT YEAR 2007-08 M/S. PRITHVI INFORMATION SOLUTIONS LTD., HYDERABAD PAN: AACCP5281F VS. THE ASST. CIT CIRCLE-16(3) HYDERABAD APPELLANT RESPONDENT APPELLANT BY: SRI M.V. JOSHI RESPONDENT BY: SRI JEEVAN LAL LAVADIYA DATE OF HEARING: 3 1 . 12 .2013 DATE OF PRONOUNCEMENT: 3 1 . 12 .2013 O R D E R PER CHANDRA POOJARI, AM: THIS APPEAL BY THE ASSESSEE IS DIRECTED AGAINST TH E ORDER OF THE CIT(A)-V, HYDERABAD DATED 2.8.2011 FOR A.Y. 2007-08. 2. AT THE OUTSET THE LEARNED AR SUBMITTED THAT THE ASS ESSEE WISHES TO WITHDRAW THIS APPEAL AND TO THIS EFFECT T HE MANAGING DIRECTOR OF THE ASSESSEE-COMPANY FILED A PETITION D ATED 31.12.2013 STATING THAT THE ASSESSEE-COMPANY WISHES TO WITHDRAW THE APPEAL FILED BY IT. ACCORDINGLY, THE AR PLEADED FOR PERMISSION OF THE BENCH TO WITHDRAW THE APPEAL FILE D BY THE ASSESSEE-COMPANY. 3. THE LEARNED DR DOES NOT RAISE ANY OBJECTION FOR THI S PROPOSITION OF THE AR. 4. AFTER HEARING BOTH THE SIDES, WE PERMIT THE ASSESSE E TO WITHDRAW THE APPEAL FILED BY THE ASSESSEE-COMPANY. ACCORDINGLY, THIS APPEAL IS DISMISSED AS WITHDRAWN. ITA NO. 1923/HYD/2011 M/S. PRITHVI INFORMATION SOLUTIONS LTD. ==============-============== 2 5. IN THE RESULT, APPEAL OF THE ASSESSEE IS DISMISSED. ORDER PRONOUNCED IN THE OPEN COURT ON 31 ST DECEMBER, 2013. SD/ - (ASHA VIJAYARAGHAVAN) JUDICIAL MEMBER SD/ - (CHANDRA POOJARI) ACCOUNTANT MEMBER HYDERABAD, DATED 31 ST DECEMBER, 2013 TPRAO COPY FORWARDED TO: 1. M/S. PRITHVI INFORMATION SOLUTIONS LTD., C/O. M/S. P. MURALI & CO., CHARTERED ACCOUNTANTS, 6-3-655/2/3, 1 ST FLOOR, SOMAJIGUDA, HYDERABAD-82. 2. THE ASST. CIT , CIRCLE - 16(3), HYDERABAD. 3. THE CIT(A) - V , HYDERABAD. 4. THE CIT - IV , HYDERABAD 5. THE DR ' B ' BENCH, ITAT, HYDERABAD