M/s Rajesh Jain Portfolio Pvt. Ltd., Rohtak V. CIT, Rohtak

ITA 2565/DEL/2011

• Counselvise Citation: [2012] 140 COUNSELVISE.COM (IT) 58474 (ITAT-DELHI)
• Duration Of Justice: 8 month(s) 2 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 18-01-2012
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: F
• Next Hearing Date: 18-01-2012
• Assessment Year: 2007-2008
• Appeal Filed On: 16-05-2011
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Section: 263

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL DELHI F BENCH BEFORE SHRI U.B.S.BEDI, JM & SHRI A.N. PAHUJA, AM ITA NO. 2565 / DEL /2011 ASSESSMENT YEAR:2007-08 DATE OF HEARING:15.7.11 DATE OF DRAFTING:20.7.11 RAJESH JAIN PORTFOLIO PVT. LTD. GREEN ROAD,ROHTAK V/S . COMMISSIONER OF INCOME-TAX, ROHTAK [PAN:A ADCR2530E ] (CROSS-OBJECTOR) .. (RESPONDENT) ASSESSEE BY :- NONE REVENUE BY:- SHRI SUDESH GARG, DR DATE OF HEARING:- 18-01-2012 DATE OF PRONOUNCEMENT:- 18-01-2012 O R D E R A.N.PAHUJA:- THIS APPEAL FILED ON 16.5.2011 BY THE ASSESSEE AGA INST AN ORDER DATED 7.3.2011 U/S 263 OF THE INCOME-TAX ACT,1961[H EREINAFTER REFERRED TO AS THE ACT] OF THE LD. CIT-ROHTAK, RAISES A NUMBER OF GR OUNDS 2. WHEN THE APPEAL WAS CALLED FOR HEARING, A LETTER DATED 9.1.2012 SIGNED BY THE DIRECTOR OF THE COMPANY WAS PLACED BEFORE US, WHEREIN THE ASSESSEE SOUGHT PERMISSION TO WITHDRAW THE APPEAL. IT IS MENTIONED IN THE LETTER RECEIVED ON 17.1.2012 AS UNDER: RESPECTFULLY SUBMITS THAT PURSUANT TO THE ORDER OF LD. CIT, THE ASSESSMENT ORDER HAS BEEN PASSED BY THE LD. AO AND LD. AO DID NOT MAKE ANY ADDITION IN THE ASSESSMENT ORDER. COPY OF ASSESSMENT ORDER IS ENCLOSED HEREWITH. HENCE THE PRESENT APPEAL REMAINS ONLY OF ACADEMIC NATURE. THEREFORE, THE APPELLANT WANTS TO WITHDRAW THE APPEAL AND REQUEST YOUR HONOURS TO KINDLY ALLOW HIM TO WITHDRAW THE AP PEAL AND OBLIGE. 3. TO A QUERY BY THE BENCH, THE LD. DR DID NOT RAI SE ANY OBJECTION TO WITHDRAWAL OF THE APPEAL. ITA NO.2565/DEL/2011 PAGE 2 4. IN VIEW OF THE FOREGOING, APPEAL IS DISMISSED AS WITHDRAWN . ORDER PRONOUNCED IN OPEN COURT SD/- SD/- (U.B.S.BEDI) JUDICIAL MEMBER (A.N. PAHUJA) ACCOUNTANT MEMBER COPY OF THE ORDER FORWARDED TO : THE ASSESSEE/ CIT-ROHTAK / DR-F BENCH,NEW DELHI/ GU ARD FILE BY ORDER DEPUTY REGISTRAR OF ITAT, NEW DELHI BENCH