Ramco Cements Ltd., CHENNAI V. DCIT, Madurai

ITA 1935/CHNY/2015

• Counselvise Citation: [2016] 121 COUNSELVISE.COM (IT) 2669 (ITAT-CHENNAI)
• Duration Of Justice: 6 month(s) 12 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 16-03-2016
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: C
• Next Hearing Date: 07-03-2016
• Assessment Year: 2010-2011
• Appeal Filed On: 03-09-2015
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Assessee Lawyers: J BALACHANDER

Judgement Text

, , IN THE INCOME TAX APPELLATE TRIBUNAL C BENCH, CHENNAI , . ! , '!# BEFORE SHRI CHANDRA POOJARI, ACCOUNTANT MEMBER AND SHRI G. PAVAN KUMAR, JUDICIAL MEMBER ./ I.T.A. NO. 1935/MDS/2015 ' $ %$ / ASSESSMENT YEAR : 2010-2011 M/S. RAMCO CEMENTS LTD, FORMERLY KNOWN AS MADRAS CEMENTS LTDS, RAMAMANDIRAM, RAJAPALAYAM 626 117. VS. THE DEPUTY COMMISSIONER OF INCOME TAX, CORPORATE CIRCLE -2, MADURAI. [PAN AAACR 5284J] ( / APPELLANT) ( /RESPONDENT) &' ( ) / APPELLANT BY : SHRI. J. BALACHANDER, ADVOCATE *+&' ( ) /RESPONDENT BY : SMT. VIJAYALAKSHMI, CIT. ( , / DATE OF HEARING : 07-03-2016 -.% ( , / DATE OF PRONOUNCEMENT : 16-03-2016 / O R D E R PER G. PAVAN KUMAR, JUDICIAL MEMBER : THE APPEAL FILED BY THE ASSESSEE IS DIRECTED AG AINST ORDER OF THE COMMISSIONER OF INCOME-TAX (APPEALS)-I, MADU RAI IN C.NO.401/19/CIT-1/MDU/2014-15, DATED 30.03.2015 FO R THE ITA NO.1935/MDS/2015. :- 2 -: ASSESSMENT YEAR 2010-2011 PASSED U/S.143(3) AND 25 0 OF THE INCOME TAX ACT, 1961 (HEREIN AFTER REFERRED TO AS THE AC T). 2. THE ASSESSEE HAS RAISED VARIOUS GROUNDS CHALLENGING THE REVISION ORDER U/S.263 OF THE ACT. AT THE TIME OF H EARING, THE LD. COUNSEL FILED A PETITION FOR WITHDRAWAL OF THE APPE AL VIDE LETTER DATED 7 TH MARCH, 2016. SO, CONSIDERING THE ABOVE FACTS, WE P ERMIT THE ASSESSEE TO WITHDRAW THE APPEAL AND TREAT THE APPEA L DISMISSED. 3. IN THE RESULT, THE APPEAL OF THE ASSESSEE IN ITA NO.1935/MDS/2015 IS DISMISSED. ORDER PRONOUNCED ON WEDNESDAY, THE 16 TH DAY OF MARCH, 2016, AT CHENNAI. SD/- SD/- ( ) (CHANDRA POOJARI) / ACCOUNTANT MEMBER ( . ! ) (G. PAVAN KUMAR) /JUDICIAL MEMBER / CHENNAI / / DATED:16.03.2016 KV 0 ( *',12 32%, / COPY TO: 1 . &' / APPELLANT 3. 4, () / CIT(A) 5. 278 *',' / DR 2. *+&' / RESPONDENT 4. 4, / CIT 6. 89$ : / GF