M/s Y.P.India (P) Ltd., Kolkata V. Income Tax Officer, Ward-8(2), Kolkata, Kolkata

ITA 2839/KOL/2013

• Counselvise Citation: [2017] 128 COUNSELVISE.COM (IT) 9605 (ITAT-KOLKATA)
• Duration Of Justice: 3 year(s) 18 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 11-01-2017
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: A
• Next Hearing Date: 21-11-2016
• Assessment Year: 2003-2004
• Appeal Filed On: 23-12-2013
• Result in Favour of: Revenue
• Court: TRIBUNAL

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL KOLKATA BENCH A KOLKATA BEFORE SHRI A.T.VARKEY, JUDICIAL MEMBER AND SHRI WASEEM AHMED, ACCOUNTANT MEMBER ITA NO. 2839 - 2840 / KOL / 2013 ASSESSMENT YEAR :2003-04 M/S Y.P. INDIA (P) LTD., 75C PARK STREET, 11 TH FLOOR, ROOM NO.3, KOLKATA-16 [ PAN NO.AAACY 1163 H ] V/S . INCOME TAX OFFICER, WARD-8(2) P-7, CHOWRINGHEE SQUARE, KOLKATA-69 /APPELLANT .. / RESPONDENT /BY ASSESSEE SHRI RAVI TULSIYAN, FCA /BY REVENUE NONE /DATE OF HEARING 28-12-2016 ! /DATE OF PRONOUNCEMENT 11-01-2017 / O R D E R PER WASEEM AHMED, ACCOUNTANT MEMBER:- BOTH APPEAL BY THE ASSESSEE ARE AGAINST COMMON ORD ER OF COMMISSIONER OF INCOME TAX (APPEALS)-VIII, KOLKATA DATED 26.04.2007. ASSESSMENT WAS FRAMED BY ITO WARD-8(2), KOLKATA U/S 147/143(3) OF THE INCOME TAX ACT, 1961 (HEREINAFTER REFERRED TO AS T HE ACT) VIDE HIS ORDER DATED 14.09.2006 FOR ASSESSMENT YEAR 2006-07 AND PENALTY IMPOSED BY ASSESSING OFFICER U/S 271(1)(C) OF THE ACT VIDE HIS ORDER DAT ED 29.03.2007. 2. IT IS NOTICED THAT THE REVENUE HAS MOVED ADJOURN MENT PETITION IN ALMOST 21 CASES AND THIS EN BLOCK ADJOURNMENT IS NOT POSSI BLE AND HENCE THE POSSIBLE CASES, WE HAVE TAKEN UP FOR HEARING AND DE CIDED TH ISSUE BY ITA NO.2839-40/KOL/2013 A.Y. 2003-04 M/S Y.P. INDIA (P0 LTD. VS. ITO WD-8(2) KOL. PAGE 2 REJECTING THE ADJOURNMENT PETITION. IN THIS CASE AL SO, WE HAVE REJECTED THE ADJOURNMENT PETITION AND HEARD THESE APPEALS IN PRE SENT OF SHRI RAVI TULSIYAN, LD. AUTHORIZED REPRESENTATIVE APPEARED ON BEHALF OF ASSESSEE. 3. AT THE TIME OF HEARING LD. AR FOR THE ASSESSEE H AS FILED AN APPLICATION TO SEEK PERMISSION FOR WITHDRAWAL OF ASSESSEES APP EALS. ON THE OTHER HAND, NONE APPEARED ON BEHALF OF REVENUE, WE PERMIT THE A SSESSEE TO WITHDRAW THE SAME. HENCE, BOTH APPEAL OF ASSESSEE ARE DISMISSED AS WITHDRAWN. 4. IN THE RESULT, BOTH APPEAL OF ASSESSEE STAND DISMIS SED AS WITHDRAWN. ORDER PRONOUNCED IN THE OPEN COURT 11/ 01/2017 SD/- SD/- (#$) () (A.T.VARKEY) (WASEEM AHMED) (JUDICIAL MEMBER) (ACCOUNTANT MEMBER) KOLKATA, *DKP, SR.P.S &'(- 11/01 /201 7 / COPY OF ORDER FORWARDED TO:- 1. /ASSESSEE-M/S Y.P. INDIA (A) LTD. 75C, PARK STREET, 11 TH FL, ROOM NO. 3 KOL-16 2. /REVENUE-ITO WARD-8(2) P-7, CHOWRINGHEE SQUARE, KO LKATA69 3.'0'12 3 / CONCERNED CIT KOLKATA 4. 3- / CIT (A) KOLKATA 5.6 78$$12, 12!, / DR, ITAT, KOLKATA 6.8;<=> / GUARD FILE. BY ORDER/ , /TRUE COPY/ /' 12!,