LOKHANDWALA NESTINGS P. LTD, MUMBAI V. PR CIT 12, MUMBAI

ITA 2731/MUM/2017

• Counselvise Citation: [2017] 126 COUNSELVISE.COM (IT) 8694 (ITAT-MUMBAI)
• Duration Of Justice: 6 month(s) 7 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 25-10-2017
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: A
• Assessment Year: 2012-2013
• Appeal Filed On: 17-04-2017
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: R P MEENA
• Assessee Lawyers: NEELAM C JADHAV
• Section: 143(3)

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL MUMBAI BENCH A, MUMBAI BEFORE SHRI G.S.PANNU, ACCOUNTANT MEMBER AND SHRI RAM LAL NEGI, JUDICIAL MEMBER ITA NO. 2731/MUM/2017 (ASSESSMENT YEAR 2012-13) M/S. LOKHANDWALA NESTINGS PRIVATE LIMITED, 48, INDRANARAYAN ROAD, SANTACRUZ (WEST), MUMBAI 400 054. PAN:AABCL 5705F ...... APPELLANT VS. THE PRINCIPAL CIT, RANGE -12, MUMBAI. .... RESPONDE NT APPELLANT BY : MS. NEELAM C. JADHAV RESPONDENT BY : SHRI R.P.MEENA DATE OF HEARING : 25/10/2017 DATE OF PRONOUNCEMENT : 25/10/2017 ORDER PER G.S.PANNU,A.M: THE CAPTIONED APPEAL FILED BY THE ASSESSEE PERTAI NING TO ASSESSMENT YEAR 2012-13 IS DIRECTED AGAINST AN ORDE R PASSED BY THE PRINCIPAL CIT-12, MUMBAI DATED 29/03/2017, WHICH IN TURN ARISES OUT OF AN ORDER PASSED BY THE ASSESSING OFFICER UNDER SECT ION 143(3) OF THE INCOME TAX ACT, 1961 (IN SHORT THE ACT) DATED 25/ 02/2015. 2 ITA NO. 2731/MUM/2017 (ASSESSMENT YEAR 2012-13) 2. VIDE LETTER DATED 10 TH OCTOBER, 2017, ASSESSEE HAS REQUESTED FOR GRANT OF PERMISSION TO WITHDRAW THE CAPTIONED APPEAL. THE CONTENTS OF THE ASSESSEES LETTER READ AS UNDER:- REF: LOKHANWALA NESTINGS PVT. LTD. ITA NO.2731/M/2017, A.Y.2012-13 FIXED FOR HEARING ON 25/10/2017. SUB: REQUEST FOR WITHDRAWAL OF APPEAL. RESPECTED SIR, THE AFORESAID APPEAL IS FIXED FOR HEARING ON 25/10/ 2017 BEFORE YOUR HONOUR. WE DO NOT WISH TO PURSUE THE APPEAL AS NO ADDITION HAS BEEN MADE IN ORDER PASSED U/S . 143(3) R.W.S. 263. HENCE, WE REQUEST THE HONBLE MEMBERS TO ALLOW US TO WITHDRAW THE ABOVE APPEAL. 3. LD. DEPARTMENTAL REPRESENTATIVE FOR THE REVENUE HAS NO OBJECTION TO THE AFORESAID REQUEST OF THE ASSESSEE. 4. ACCORDINGLY, THE APPEAL OF THE ASSESSEE IS DISMI SSED AS WITHDRAWN ORDER PRONOUNCED IN THE OPEN COURT ON 25/10/2017. SD/- SD/- (RAM LALNEGI) (G.S. PANNU) JUDICIAL MEMBER ACCOCUNTANT MEMBER MUMBAI, DATED 25/10/2017 VM , SR. PS COPY OF THE ORDER FORWARDED TO : 1. THE APPELLANT , 2. THE RESPONDENT. 3. THE CIT(A)- 4. CIT 5. DR, ITAT, MUMBAI 6. GUARD FILE. BY ORDER, //TRUE COPY// (DY./ASSTT. REGISTRAR) ITAT, MUMBAI