M/S MANGLAM AGRICULTURE & FARMS PVT LTD, RAIPUR (CG) V. THE INCOME TAX OFFICER,1(1), RAIPUR (CG)

ITA 285/BIL/2016

• Counselvise Citation: [2022] 106 COUNSELVISE.COM (IT) 4972 (ITAT-RAIPUR)
• Duration Of Justice: 5 year(s) 10 month(s) 18 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 20-07-2022
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: DB
• Assessment Year: 2011-2012
• Appeal Filed On: 01-09-2016
• Result in Favour of: Revenue
• Court: TRIBUNAL

Judgement Text

आयकर अपीलीय अधिकरण, रायप ु र न्यायपीठ, रायप ु र IN THE INCOME TAX APPELLATE TRIBUNAL RAIPUR BENCH, RAIPUR श्री रविश स ू द, न्याययक सदस्य एवं श्री अरुण खोड़विया, लेखा सदस्य के समक्ष । BEFORE SHRI RAVISH SOOD, JM & SHRI ARUN KHODPIA, AM आयकर अपील सं./ITA No.285/RPR/2016 (नििाारण वर्ा / Assessment Year :2011-2012) M/s Mangalam Agriculture & Farms Pvt. Ltd. Village-Jarwah, Hirapur, Raipur Vs ITO-1(1), Raipur PAN No. : AAGCM 0359 P (अपीलार्थी /Appellant) .. (प्रत्यर्थी / Respondent) नििााररती की ओर से /Assessee by : Shri Subash Agarwal, AR राजस्व की ओर से /Revenue by : Shri G.N.Singh, Sr. DR स ु निाई की तारीख / Date of Hearing : 21/07/2022 घोषणा की तारीख/Date of Pronouncement : 21/07/2022 आदेश / O R D E R Per Arun Khodpia, AM : This appeal is filed by the assessee against the order passed by the CIT(A)-1, Raipur, dated 01.03.2016 for the assessment year 2011-2012. 2. At the outset, ld. AR filed before us an application dated 21.07.2022 for withdrawal of the appeal on the ground stated as below :- Hon’ble Sirs, On instructions from my client, I humbly submit as under :- The sole issue raised in the instant appeal of the assessee relates to addition of Rs.49,24,720/- made by the AO by treating “village sales” of agricultural produce as income from undisclosed of the sources. The assessee has approached the settlement commission pursuant to search action u/s.132 on the assessee group. The said amount has already been included by the ld. Settlement Commission in the Total Income computed by it u/s.245D(4) and tax and interest thereon have been collected/paid. In the circumstances, the assessee is not desirous of pursuing the instant appeal. ITA No.285/RPR/2016 2 3. On the other hand, ld. Sr. DR has no objection to the withdrawal application of the assessee. 4. In view of the prayer of the ld. AR of the assessee made before us, we allow the application for withdrawal of the appeal filed on behalf of the assessee and the appeal is dismissed as withdrawn. 5. In the result, the appeal of assessee is dismissed. Order pronounced in the open court on 21/07/ 2022. Sd/- (RAVISH SOOD) Sd/- (ARUN KHODPIA) न्यानयक सदस्य / JUDICIAL MEMBER लेखा सदस्य / ACCOUNTANT MEMBER रायप ु र/Raipur; ददनाांक Dated 21/07/2022 Prakash Kumar Mishra, Sr.P.S.(on tour) आदेश की प्रनतललपप अग्रेपर्त/Copy of the Order forwarded to : आदेशाि ु सार/ BY ORDER, (Assistant Registrar) आयकर अपीलीय अधिकरण, रायप ु र/ITAT, Raipur 1. अिीलार्थी / The Appellant- 2. प्रत्यर्थी / The Respondent- 3. आयकर आयुक्त(अपील) / The CIT(A), 4. आयकर आय ु क्त / CIT 5. विभागीय प्रविविवि, आयकर अपीलीय अविकरण, रायि ु र/ DR, ITAT, Raipur 6. गार्ड फाईल / Guard file. सत्यावित प्रयत //True Copy//