Western Carriers (India)Ltd., Kolkata V. PCIT-2, Kolkata

ITA 224/KOL/2022

AI Insights

This case involves an appeal by Western Carriers (India) Ltd. against the order of the Principal Commissioner of Income Tax -2, Kolkata, passed under section 263 of the Income Tax Act, 1961. The appeal was related to the assessment year 2017-18. The core of the dispute was a revisionary order issued by the PCIT, which proposed certain additions to the assessee's income. However, during the proceedings, it was revealed that no such additions were made in the subsequent assessment. Consequently, the assessee, through their advocate, requested the withdrawal of the appeal, which was accepted by the tribunal.

• Counselvise Citation: [2023] 140 COUNSELVISE.COM (IT) 127287 (ITAT-KOLKATA)
• Duration Of Justice: 11 month(s) 17 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 20-04-2023
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: B
• Next Hearing Date: 20-04-2023
• Assessment Year: 2017-2018
• Appeal Filed On: 03-05-2022
• Laws Referred To: Income Tax Act, 1961
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Keywords: Revision of order
• Section: 263

Judgement Text

आयकर अपील य अ धकरण, कोलकाता पीठ ‘‘बी’’, कोलकाता IN THE INCOME TAX APPELLATE TRIBUNAL “B” BENCH: KOLKATA ी राजेश क ु मार, लेखा सद य एवं ी संजय शमा या यक सद य के सम [Before Shri Rajesh Kumar, Accountant Member & Shri Sonjoy Sarma, Judicial Member] I.T.A. No. 224/Kol/2022 Assessment Year: 2017-18 Western Carriers (India) Ltd. (PAN: AABCW 1961 A) Vs. PCIT-2, Kolkata Appellant / (अपीलाथ ) Respondent / ( !यथ ) Date of Hearing / स ु नवाई क$ त&थ 21.04.2023 Date of Pronouncement/ आदेश उ)घोषणा क$ त&थ 21.04.2023 For the Appellant/ नधा /रती क$ ओर से Shri Anil Kochar, Advocate For the Respondent/ राज व क$ ओर से Shri D. K. Sonawal, CITDR Shri P. P. Barman, Sr. DR ORDER / आदेश Per Rajesh Kumar, AM: This is an appeal preferred by the assessee against the order of the Ld. Principal Commissioner of Income Tax -2, Kolkata (hereinafter referred to as the Ld. PCIT”] passed u/s 263 of the Income tax Act, 1961 (hereinafter referred to as the Act) dated 24.03.2022 for the AY 2017-18. 2. At the time of hearing, a letter dated 4.10.2022 was placed before us from the assessee’s Advocate Shri Anil Kochar requesting the Bench to allow the withdrawal 2 I.T.A. No.224/Kol/2022 Assessment Year: 2017-18 Western Carriers (India) Ltd. the appeal on the ground that in the assessment framed pursuant to the revisionary order , no addition was made as proposed by the ld. PCIT. Accordingly accepting the request of the assesse, we dismiss the appeal as withdrawn. 3. In the result, the appeal of the assessee is dismissed as withdrawn. Order is pronounced in the open court on 21 st April, 2023 Sd/- Sd/- (Sonjoy Sarma /संजय शमा ) (Rajesh Kumar/राजेश क ु मार) Judicial Member/ या यक सद य Accountant Member/लेखा सद य Dated: 21 st April, 2023 SB, Sr. PS Copy of the order forwarded to: 1. Appellant- Western Carriers (India) Ltd., 206, Central Plaza, 2/6, Sarat Bose Road, Kolkata-700020 2. Respondent – PCIT-2, Kolkata 3. Pr. CIT- , Kolkata 4. DR, Kolkata Benches, Kolkata (sent through e-mail) True Copy By Order Assistant Registrar ITAT, Kolkata Benches, Kolkata