GSM Welfare Society , Hyderabad V. ITO, Ward-10(4), Hyderabad

ITA 221/Hyd/2021

• Counselvise Citation: [2022] 106 COUNSELVISE.COM (IT) 0340 (ITAT-HYDERABAD)
• Duration Of Justice: 3 month(s) 19 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 09-01-2022
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: DB-B
• Assessment Year: 2015-2016
• Appeal Filed On: 20-09-2021
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Section: 143(3)

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL Hyderabad ‘ B ‘ Bench, Hyderabad (Through Video Conferencing) Before Shri S.S. Godara, Judicial Member AND Shri Laxmi Prasad Sahu, Accountant Member O R D E R Per S. S. Godara, J.M. This assessee’s appeal for A.Y. 2015-16 arises from the Principal Commissioner of Income Tax, Hyderabad - 1’s order dated 24.03.2021 in ITBA/REV/F/REV5/2020-21/ 1031731783(1), involving proceedings u/s 143(3) of the Income Tax Act, 1961 [in short, ‘the Act’]. Heard both the parties. Case file perused. 2. Learned counsel submits at the outset that the assessee does not wish to press for the instant appeal with liberty to raise all the corresponding factual and legal pleas before the Assessing Officer in consequential proceedings. The Revenue is equally fair in not opposing the same. Ordered accordingly. ITA No.221/Hyd/2021 Assessment Year: 2014-15 GSM Welfare Society, Secunderabad. PAN : AABTG6169P. Vs. The Income Tax Officer, Ward 10(4), Hyderabad. (Appellant) (Respondent) Assessee by: Shri S. Ramarao Revenue by : Shri Rohit Mujumdar Date of hearing: 06.01.2022 Date of pronouncement: 10.01.2022 ITA No.221/Hyd/2021 2 3. This assessee’s appeal is dismissed as withdrawn in above terms. Order pronounced in the Open Court on 10 th January, 2022. Sd/- Sd/- (LAXMI PRASAD SAHU) ACCOUNTANT MEMBER (S.S. GODARA) JUDICIAL MEMBER Hyderabad, dated 10 th January, 2022. TYNM/sps Copy to: S.No Addresses 1 GSM Welfare Society, 1141, R.P. Road, Secunderabad – 500 003. 2 The Income Tax Officer, Ward – 10(4), Hyderabad. 3 PCIT – 1, Hyderabad. 4 DR, ITAT Hyderabad Benches 5 Guard File By Order