M/s. Nyati Builders Pvt.Ltd, Pune V. Principal Commissioner of Income tax,-2, Pune, Pune

ITA 242/PUN/2022

AI Insights

The case involved Nyati Builders Pvt. Ltd., who appealed against an order from the Principal Commissioner of Income Tax-2, Pune, dated 31/03/2022, passed under section 263 of the Income-tax Act, 1961. This order was related to an earlier assessment order dated 28/08/2019 by the Assistant Commissioner of Income Tax, Circle-2, Pune, for the assessment year 2017-18. The appellant, through their representative, submitted a withdrawal application dated 01/04/2023, leading to the dismissal of the appeal without further proceedings.

• Counselvise Citation: [2023] 140 COUNSELVISE.COM (IT) 136343 (ITAT-PUNE)
• Duration Of Justice: 11 month(s) 15 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 04-04-2023
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: A
• Next Hearing Date: 04-04-2023
• Assessment Year: 2017-2018
• Appeal Filed On: 20-04-2022
• Laws Referred To: Income-tax Act, 1961
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Keywords: Revision of order
• Section: 263; 143(3)

Judgement Text

॥आयकर अपीलीय न्यायाधिकरण, पुणे “ए” न्यायपीठ,पुणे में॥ ITAT-Pune Page 1 of 2 IN THE INCOME TAX APPELLATE TRIBUNAL, PUNE “A” BENCH, PUNE BEFORE HON’BLE SHRI S.S.VISWANETHRA RAVI, JUDICIAL MEMBER AND SHRI G. D. PADMAHSHALI, ACCOUNTANT MEMBER आयकर अपील सं. / ITA No. 242/PUN/2022 धििाारण वर्ा / Assessment Year : 2017-18 Nyati Builders Pvt. Ltd., Sr.No.103/129, Plot No.B+C, Nyati Unitree, Pune Nagar Road, Yerwada, Pune 411 006 PAN : AAACN6418N . . . . . . . अपीलार्थी / Appellant बिाम / V/s. Principal Commissioner of Income Tax-2, Pune. . . . . . . . प्रत्यर्थी / Respondent द्वारा/ Appearances Assessee by : Shri Kushal Jain Revenue by : Shri Keyur Patel, CIT-DR सुनवाई की तारीख / Date of conclusive Hearing : 05/04/2023 घोषणा की तारीख / Date of Pronouncement : 05/04/2023 आदेश/ ORDER PER G. D. PADMAHSHALI, AM; This appeal of the assessee is challenged against the order of Principal Commissioner of Income Tax -2, [for short “PCIT”] dt. 31/03/2022 passed u/s 263 of the Income-tax Act, 1961 [for short “the Act”] emanating from assessment order dt. 28/08/2019 passed u/s 143(3) by Asstt. Commissioner of Income Tax, Circle-2, Pune [for short “AO”] for the assessment year [for short “AY”] 2017-18. Nyati Builders Pvt. Ltd., ITA No. 242/PUN/2022 AY: 2017-18 ITAT-Pune Page 2 of 2 2. At the outset, the learned representative for the assessee [for short “AR”] referring to the withdrawal application dt.01/04/2023 prayed for withdrawal of the appeal reiterating the contents thereof. Recording no objection from the learned departmental representative [for short “DR”] we dismiss the appeal as withdrawn. 3. Resultantly, the appeal of the appellant assessee is dismissed as withdrawn. In terms of rule 34 of ITAT Rules, the order pronounced in the open court on this Wednesday, 05th day of April, 2023. -S/d- -S/d- S. S.VISWANETHRA RAVI G. D. PADMAHSHALI JUDICIAL MEMBER ACCOUNTANT MEMBER पुणे / PUNE ; ददनाांक / Dated : 06th day of April, 2023. आदेशकीप्रधिधलधपअग्रेधर्ि / Copy of the Order forwarded to : 1.अपीलाथी / The Appellant. 2. प्रत्यथी / The Respondent. 3. The Pr. CIT-2 Pune (Mh-India) 4. The DR, ITAT, Pune “A” Bench, Pune 5. गार्डफ़ाइल / Guard File. आदेशानुसार / By Order, वररष्ठ दनजी सदिव / Sr. Private Secretary आयकर अपीलीय न्यायादधकरण, पुणे / ITAT, Pune.