M/s. Styrolution ABS (India) Ltd., ( Formerly known as Ineos ABS (India) Ltd.), Baroda V. The Dy.CIT., Circle-1(2), Baroda

ITA 2670/AHD/2015

• Counselvise Citation: [2018] 112 COUNSELVISE.COM (IT) 5408 (ITAT-AHMEDABAD)
• Duration Of Justice: 3 year(s) 1 month(s) 8 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 30-10-2018
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: Not Allotted
• Assessment Year: 2007-2008
• Appeal Filed On: 21-09-2015
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Section: 201

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL AHMEDABAD B BENCH BEFORE: SHR I RAJPAL YADAV , JUDICIAL MEMBER AND SHRI AMARJIT SINGH, ACCOUNTANT MEMBER M/S. STYROLUTION ABS (INDIA) LTD. (FORMERLY KNOWN AS INEOS ABS(I) LTD.) 6 TH FLOOR, ABS TOWERS, OLD PADRA ROAD, BARODA - 390007 PAN: AAACB6164H (APPELLANT) VS THE D CIT, CIRCLE - 1 (2) , BARODA (RESPONDENT) REVENUE BY : S H RI MUDIT NAGPAL , SR. D . R. ASSESSEE BY: SHRI SUNIL TALATI, A.R. DATE OF HEARING : 29 - 10 - 2 018 DATE OF PRONOUNCEMENT : 30 - 10 - 2 018 / ORDE R P ER : AMARJIT SINGH, ACCOUNTANT MEMBER : - THESE TWO APPEALS FILED BY ASSESSEE FOR A.Y. 2006 - 07 TO 2007 - 08 , ARI SE FROM ORDER OF THE CIT(A) - I, VADODARA DATED 13 - 07 - 2 015 , IN PROCEEDINGS UNDER SECTION 115WG RWS 115WE(3) OF THE INCOME TAX ACT, 1961; IN SHORT THE ACT . I T A NO S . 2669 & 2670 / A HD/20 15 A SSESSMENT YEAR 2006 - 07 TO 200 7 - 08 I.T.A NO S . 2669 TO 2670 /AHD/20 15 A.Y. 2006 - 07 TO 2007 - 08 PAGE NO M/S. STYROLUTION ABS (INDIA) LTD. VS. D CIT 2 2. AT THE TIME OF HEARING, LD. COUNSEL FOR THE ASSESSEE HAS REQUESTED TO WITHDRAW THE APPEALS. THE REVENUE IS FAIR ENOUGH IN NOT OBJECTING TO THE SAME. WE THEREFORE ACCEPT ASSESSEE S REQUEST FOR WITHDRAWING THE APPEALS FILED. 3. IN THE RESULT, BOTH THE APPEALS OF THE ASSESSEE ARE DISMISSED AS WITHDRAWN. ORDER PR ONOUNCED IN THE OPEN C OURT ON 30 - 10 - 201 8 SD/ - SD/ - ( RAJPAL YADAV ) ( AMARJIT SINGH ) JUDICIAL MEMBER ACCOUNTANT MEMBER AHMEDABAD : DATED 30 /10 /2018 / COPY OF ORDER FORWARDED TO: - 1. ASSESSEE 2. REVENUE 3. CONCERNED CIT 4. CIT (A) 5. DR, ITAT, AHMEDABAD 6. GUARD FILE. BY ORDER/ , / ,