SHREE VARDHAMAN CHEMICALS P. LTD, MUMBAI V. ACIT 1(3), MUMBAI

ITA 2510/MUM/2009

• Counselvise Citation: [2010] 135 COUNSELVISE.COM (IT) 5274 (ITAT-MUMBAI)
• Duration Of Justice: 1 year(s) 3 month(s) 24 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 11-08-2010
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: I
• Next Hearing Date: 11-08-2010
• Assessment Year: 2004-2005
• Appeal Filed On: 17-04-2009
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: SANJIV DUTT
• Section: 263

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL MUMBAI BENCH I, MUMBAI BEFORE SHRI N.V. VASUDEVAN, JUDICIAL MEMBER AND SHRI R.K. PANDA. ACCOUNTANT MEMBER I.T.A. NO. 2510/MUM/2009 ASSESSMENT YEAR : 2004-05 SHREE VARDHAMAN CHEMICALS PVT. LTD. (NOW KNOWN AS SHREE VARDHAMAN CHEMICALS LTD.) B/4, PAREKH MAHAL, VEER NARIMAN ROAD, CHURCHGATE, MUMBAI-400 020 PAN:AAACV1851H VS. ACIT 1(3) AAYAKAR BHAVAN, ROOM NO. 387, 3 RD FLOOR, M.K. ROAD, MUMBAI-400 020 APPELLANT RESPONDENT APPELLANT BY : NONE RESPONDENT BY : SHRI SANJIV DUTT ORDER DATE OF HEARING: 11.08.2010 DATE OF ORDER: 11.08.2010 PER R.K. PANDA, AM: THIS APPEAL FILED BY THE ASSESSEE IS DIRECTED AGAI NST THE ORDER DATED 25 TH MARCH, 2009 OF THE CIT-I, MUMBAI, PASSED U/S. 263 OF THE INCOME-TAX ACT, 1961. 2. THE ASSESSEE VIDE LETTER DATED 5 TH APRIL, 2010 HAS FILED AN APPLICATION REQUESTING THE TRIBUNAL TO ALLOW WITHDR AWAL OF THE APPEAL AS THE POINTS INVOLVED IN THE APPEAL HAVE BE EN DECIDED BY THE ASSESSING OFFICER WHILE GIVING EFFECT TO THE ORDER PASSED U/S. 263. 3. IN VIEW OF THE ABOVE SUBMISSION BY THE ASSESSEE AND IN ABSENCE OF ANY OBJECTION FROM THE LEARNED DR, THE A SSESSEE IS ALLOWED TO WITHDRAW THE APPEAL. I.T.A. NO. 2510/MUM/2009 SHREE VARDHAMAN CHEMICALS PVT. LTD. ==========================-= 2 4. IN THE RESULT, THE APPEAL FILED BY THE ASSESSEE IS DISMISSED. PRONOUNCED IN THE OPEN COURT ON THE DATE OF HEARING ITSELF, I.E., 11 TH AUGUST, 2010 SD/- (N.V. VASUDEVAN) JUDICIAL MEMBER SD/- (R.K. PANDA) ACCOUNTANT MEMBER MUMBAI, DATED 11 TH AUGUST, 2010 COPY TO: 1. THE APPELLANT 2. THE RESPONDENT 3. THE CIT-I, MUMBAI 4. THE DR I BENCH. //TRUE COPY// BY ORDER ASSISTANT REGISTRAR ITAT MUMBAI BENCHES, MUMBAI TPRAO