Sree Ramdev Bhawan Trust, CHENNAI V. DIT, Coonoor

ITA 2186/CHNY/2013

• Counselvise Citation: [2016] 131 COUNSELVISE.COM (IT) 7788 (ITAT-CHENNAI)
• Duration Of Justice: 3 year(s) 12 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 28-12-2016
• Appeal Filed By: Assessee
• Bench Allotted: A
• Assessment Year: 2002-2003
• Appeal Filed On: 16-12-2013
• Court: TRIBUNAL
• Department Lawyers: PATHLAVATH PEERYA
• Assessee Lawyers: LAKSHMICHAND NAHATA
• Section: 12AA; 2

Judgement Text

, , IN THE INCOME - TAX APPELLATE TRIBUNAL A BENCH, CHENNAI , . , BEFORE SHRI CHANDRA POOJARI, ACCOUNTANT MEMBER & SHRI DUVVURU RL REDDY, JUDICIAL MEMBER I . T.A. NO S . 2 186/MDS/2013 AND 2043/MDS/2014 / ASSESSMENT YEAR :20 0 2 - 0 3 M/S. SHREE RAMDEV BHAWAN TRUST, C/O L. NAHATA & CO., C.AS., 120, NYNIAPPA NAICKEN STREET, PARK TOWN, CHENNAI 600 003. [PAN: A A C T S2814E ] VS. THE DIRECTOR OF INCOME TAX [EXEMPTIONS] , C HENNAI . ( / APPELLANT ) ( / RESPONDENT ) / APPELLANT BY : SHRI LAKSHMICHAND NAHATA , C.A. / RESPONDENT BY : SHRI PATHLAVATH PEERYA , CIT / DATE O F HEARING : 08 . 11 .201 6 / DATE OF P RONOUNCEMENT : 28 . 1 2 .2016 / O R D E R PER DUVVURU RL REDDY , JUDICIAL MEMBER : BOTH T H E APPEAL FILED BY THE ASSESSEE ARE DIRECTED AGAINST (I) THE ORDER OF THE LD. COMMI SSIONER OF INCOME TAX (APPEALS) VII , C HENNAI DATED 2 2 . 1 0 .201 3 FOR THE ASSESSMENT YEAR 20 0 2 - 0 3 AND AGAINST (II) ORDER OF THE LD. DIT(E), CHENNAI DATED 22.07.2008 PASSED UNDER SECTION 12AA OF THE INCOME TAX ACT, 1961 [ ACT IN SHORT] . 2. WHEN BOTH THE APPEALS WERE TAKEN UP FO R HEARING ON 08.11.2016, THE LD. COUNSEL FOR THE ASSESSEE HAS SOUGHT FOR PERMISSION TO WITHDRAW BOTH THE APPEALS FILED BY THE ASSESSEE BY MAKING ENDORSEMENT IN THE GROUNDS OF I.T.A. NO S . 2186/M/13 & 2043/M/14 2 APPEAL AS NOT PRESSED . TO THIS REQUEST OF THE ASSESSEE, THE LD. DR DID NOT OBJECT. BY CONSIDERING THE REQUEST OF THE LD. COUNSEL FOR THE ASSESSEE, BOTH THE APPEALS FILED BY THE ASSESSEE ARE DISMISSED AS NOT PRESSED . 3 . IN THE RESULT, BOTH THE APPEAL S OF THE ASSESSEE ARE D ISMISSED. ORDER PRONOUNCED ON THE 28 TH DECEMBER , 20 16 AT CHENNAI. SD/ - SD/ - ( CHANDRA POOJARI ) ACCOUNTANT MEMBER ( DUVVURU RL REDDY ) JUDICIAL MEMBER CHENNAI, DATED, THE 28 . 1 2 .201 6 VM/ - / COPY TO: 1. / APPELLANT, 2. / RESPONDENT, 3. ( ) / CIT(A), 4. / CIT, 5. / DR & 6. / GF.