M/s. Bharat Immunological & Biological Corporation Ltd., New Delhi V. CIT, Ghaziabad

ITA 2284/DEL/2012

• Counselvise Citation: [2013] 140 COUNSELVISE.COM (IT) 69404 (ITAT-DELHI)
• Duration Of Justice: 1 year(s) 5 month(s) 14 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 28-10-2013
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: A
• Next Hearing Date: 28-10-2013
• Assessment Year: 2007-2008
• Appeal Filed On: 14-05-2012
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: Y KAKKAR
• Keywords: Sale consideration of property below Jantri Value

Judgement Text

INCOME TAX APPELLATE TRIBUNAL DELHI BENCH A : NEW DELHI BEFORE SHRI U. B. S. BEDI, JUDICIAL MEMBER AND SHRI T. S. KAPOOR , ACCOUNTANT MEMBER ITA NO. 2284 /DEL/ 2012 ASSESSMENT YEAR: 2007 - 08 BHARAT IMMUNOLOGICAL & BIOLOGICAL CORPORATION LTD., C/O. M/S. RRA TAXINDIA, D - 28, SOUTH EXTENSION, PART - I, NEW DELHI PAN AABCB4550C VS. CIT, GAZIABAD (APPELLANT) (RESPONDENT) APPELLANT BY : SHRI ROHAN KHARE, ADVOCATE RESPONDENTS BY: SRI Y. KAKKAR, SR. DR O R D E R PER U. B. S. BEDI, J UDICIAL M EMBER THIS APPEAL OF ASSESSEE EMANATES FROM THE ORDER PASSED BY LD. CIT(A), GAZIABAD DATED 19.03.2012 FOR ASSESSMENT YEAR 2007 - 08. 2. THE ASSESSEES COUNSEL SHRI TARUN KUMAR, ADVOCATE VIDE APPLICATION DATED 28 TH OCTOBER, 2013 SEEKS PERMISSION TO WITHDRAW THE APPEAL AND PLEADED , AT THE TIME OF HEARING , FOR DISMISSAL OF THE APPEAL AS WITHDRAWN. TO THIS MOVE LD AR OF THE ASSESSEE, LD DR DID NOT OBJECT. 3. IN CONSIDERATION OF REQUEST OF PERMISS ION TO WITHDRAW THE APPEAL AND THERE BEING NO OBJECTION FROM REVENUE SIDE, WE ACCORD NECESSARY PERMISSION AND DISMISS THIS APPEAL AS WITHDRAWN. PAGE NO. 2 4. AS A RESULT , APPEAL OF THE ASSESSEE GETS DISMISSED. ORDER PRONOUNCED SOON AFTER THE CONCLUSION OF HEARING O N 28 TH OCTOBER, 2013. - S D / - - S D / - ( T. S. KAPOOR ) ( U. B. S. BEDI ) ACCOUNTANT MEMBER JUDICIAL MEMBER DATED 28 / 10 /2013 A K KEOT COPY FORWARDED TO 1. APPLICANT 2. RESPONDENT 3. CIT 4. CIT (A) 5. DR:ITAT ASSISTANT REGISTRAR