Shri Shambhoo Nath Agarwal, Bahraich V. Principal Commissioner of Income Tax, Faizabad

ITA 199/LKW/2020

AI Insights

The case involved an appeal by Shri Shambhoo Nath Agarwal against an order passed by the Commissioner of Income Tax, Faizabad under section 263 of the Income Tax Act for the assessment year 2015-16. The appeal was filed in response to an order dated 19/03/2020. However, before the hearing, the assessee submitted an application requesting permission to withdraw the appeal. The Departmental Representative did not object to this request, leading to the tribunal allowing the withdrawal of the appeal.

• Counselvise Citation: [2023] 140 COUNSELVISE.COM (IT) 113242 (ITAT-LUCKNOW)
• Duration Of Justice: 2 year(s) 11 month(s) 15 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 10-05-2023
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: A
• Next Hearing Date: 09-05-2023
• Assessment Year: 2015-2016
• Appeal Filed On: 25-05-2020
• Laws Referred To: Income Tax Act
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Keywords: Revision of order
• Section: 263

Judgement Text

I.T.A. No.199/Lkw/2020 Assessment year:2015-16 1 IN THE INCOME TAX APPELLATE TRIBUNAL LUCKNOW BENCH ‘A’, LUCKNOW BEFORE SHRI SUDHANSHU SRIVASTAVA, JUDICIAL MEMBER AND SHRI ANADEE NATH MISSHRA, ACCOUNTANT MEMBER I.T.A. No.199/Lkw/2020 Assessment Year: 2015-16 Shri Shambhoo Nath Agarwal, C/o Shree Remeshwar Lal Foods Private Limited, Bhinga Road, Bahraich. PAN:AAQPA1657H Vs. Pr. Commissioner of Income Tax, Faizabad. (Appellant) (Respondent) O R D E R PER ANADEE NATH MISSHRA:A.M. (A) Appeal vide I.T.A. No.199/Lkw/2020 has been filed by the assessee for assessment year 2015-16 against impugned order dated 19/03/2020 of learned CIT, Faizabad passed u/s 263 of the IT Act. (B). At the very outset, it was noticed that the assessee has submitted an application dated 06/05/2023 in which request has been made by the appellant assessee for permission to withdraw the present appeal. Learned Commissioner of Income Tax (Departmental Representative) has expressed Appellant by Shri Rakesh Garg, Advocate Respondent by Shri H. S. Usmani, CIT (D.R.) Date of hearing 10/05/2023 Date of pronouncement 11/05/2023 I.T.A. No.199/Lkw/2020 Assessment year:2015-16 2 no objection. Accordingly, we permit the assessee to withdraw the present appeal. 3. In the result, the appeal of the assessee is dismissed as withdrawn. (Order pronounced in the open court on 11/05/2023) Sd/. Sd/. (SUDHANSHU SRIVASTAVA) (ANADEE NATH MISSHRA) Judicial Member Accountant Member Dated:11/05/2023 *Singh Copy of the order forwarded to : 1. The Appellant 2. The Respondent. 3. Concerned CIT 4. D.R., I.T.A.T., Assistant Registrar