SPR Builders, CHENNAI V. ITO Non Corporate Ward 6(3), CHENNAI

ITA 2448/CHNY/2018

• Counselvise Citation: [2019] 112 COUNSELVISE.COM (IT) 5087 (ITAT-CHENNAI)
• Duration Of Justice: 1 year(s) 3 month(s) 1 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 25-11-2019
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: B
• Assessment Year: 2015-2016
• Appeal Filed On: 24-08-2018
• Result in Favour of: Revenue
• Court: TRIBUNAL

Judgement Text

, B , IN THE INCOME TAX APPELLATE TRIBUNAL B BENCH: CHENNAI , .. , BEFORE SHRI RAMIT KOCHAR, ACCOUNTANT MEMBER AND SHRI DUVVURU R.L.REDDY, JUDICIAL MEMBER ITA NO.2448/CHNY/2018 /ASSESSMENT YEAR: 2015-16 SPR BUILDERS NO. 57, NARAYANA MUDALI STREET SOWCARPET, CHENNAI-600079 V . THE INCOME TAX OFFICER, NON-CORPORATE WARD-6(3), CHENNAI-600 006. [PAN: ABEFS7408K ] ( # /APPELLANT) ( $%# /RESPONDENT) # & / APPELLANT BY : MR. S.SRIDHAR,ADVOCATES $%# & /RESPONDENT BY : MR. GURU BASHYAM, ADDL. CIT & /DATE OF HEARING : 25.11.2019 & /DATE OF PRONOUNCEMENT : 25.11.2019 / O R D E R PER RAMIT KOCHAR, ACCOUNTANT MEMBER : THIS APPEAL FILED BY ASSESSEE WITH INCOME TAX APPE LLATE TRIBUNAL, CHENNAI IS DIRECTED AGAINST APPELLATE ORDER DATED 14.06.2018 PASSED BY LEARNED COMMISSIONER OF INCOME TAX (APPEALS)-5, CHE NNAI (HEREINAFTER CALLED THE CIT(A)), IN ITA NO.73/ CIT(A)-5)/201-1 8 FOR ASSESSMENT YEAR (AY) 2015-16, THE APPELLATE PROCEEDINGS BEFORE LEAR NED CIT(A) HAD ARISEN FROM ASSESSMENT ORDER DATED 13.10.2017 PASSED BY LEARNED ASSESSING ITA NO.2448/CHNY/2018 :- 2 -: OFFICER (HEREINAFTER CALLED THE AO) U/S.143(3) O F THE INCOME-TAX ACT, 1961 (HEREINAFTER CALLED THE ACT) FOR AY: 2015-16 . 2. WHEN THIS APPEAL WAS CALLED FOR HEARING BEFORE T HE BENCH, THE LEARNED COUNSEL FOR ASSESSEE MR. S. SRIDHAR, ADVOCATE AT T HE OUTSET SUBMITTED THAT ASSESSEE DOES NOT WANT TO PERUSE ITS APPEAL FI LED WITH TRIBUNAL AND PRAYERS WERE MADE TO DISMISS THIS APPEAL AS BEING WITHDRAWN. ON BEING ASKED BY THE BENCH, THE LEARNED COUNSEL FOR THE ASS ESSEE MADE ENDORSEMENT IN THE FILE REQUESTING FOR DISMISSAL OF THIS APPEAL ON GROUNDS OF BEING WITHDRAWN. THE LEARNED DR DID NOT OBJECTED TO THE DISMISSAL OF THIS APPEAL AS BEING WITHDRAWN BY ASSESSEE. AFTER H EARING BOTH THE PARTIES AND PERUSING MATERIAL ON RECORD, WE DISMISS THIS AP PEAL FILED BY ASSESSEE WITH TRIBUNAL ON THE GROUNDS OF BEING WITHDRAWN. WE ORDER ACCORDINGLY. 3 IN THE RESULT, THE APPEAL FILED BY THE ASSESSEE I N ITA NO.2448/CHNY/2018 FOR AY: 2015-16 IS DISMISSED AS B EING WITHDRAWN. ORDER PRONOUNCED IN OPEN COURT ON THIS 25 TH DAY OF NOVEMBER, 2019 IN CHENNAI. SD/- SD/- ( - . . . 1 ) (DUVVURU R.L.REDDY) 3 /JUDICIAL MEMBER ( ) (RAMIT KOCHAR) 3 /ACCOUNT ANT MEMBER /CHENNAI, 4 /DATED: 25 TH NOVEMBER, 2019. TLN ITA NO.2448/CHNY/2018 :- 3 -: & $6 76 /COPY TO: 1. # /APPELLANT 4. 8 /CIT 2. $%# /RESPONDENT 5. 6 $ /DR 3. 8 ( ) /CIT(A) 6. /GF