M/S. KRITI INDUSTRIES INDIA LTD., Indore V. THE CIT-I, Indore

ITA 287/IND/2015

• Counselvise Citation: [2016] 131 COUNSELVISE.COM (IT) 5763 (ITAT-INDORE)
• Duration Of Justice: 1 year(s) 4 month(s) 13 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 14-09-2016
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: DB
• Next Hearing Date: 14-09-2016
• Assessment Year: 2010-2011
• Appeal Filed On: 01-05-2015
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: RAJEEV VARSHNEY
• Assessee Lawyers: P D NAGAR
• Section: 143(3)

Judgement Text

, , IN THE INCOME TAX APPELLATE TRIBUNAL, INDORE BENCH, INDORE .., .., % BEFORE SHRI D.T. GARASIA, JUDICIAL MEMBER AND SHRI O.P. MEENA, ACCOUNTANT MEMBER M/S. KRITI INDUSTRIES INDIA LTD. 34 SIYAJIGANJ, INDORE PAN:AAACK7078B VS. COMMISSIONER OF INCOME-TAX-1, INDORE / APPELLANT / RESPONDENT / APPELLANT BY SHRI P D NAGAR CA / RESPONDENT BY SHRI RAJEEV VARSHNEY, CIT (DR) / DATE OF HEARING 14.09.2016 / DATE OF PRONOUNCEMENT 14.09.2016 / O R D E R PER O.P. MEENA, ACCOUTANT MEMEBR. 1. THIS APPEAL BY THE ASSESSEE FILED AGAINST THE ORDER DTD. 09.03.2015 OF LEARNED COMMISSIONER OF INCOME-TAX-1, INDORE [HEREI NAFTER REFERRED TO AS THE LEARNED CIT] PASSED U/S.263 OF INCOME TAX ACT, 1961. THIS APPEAL RELATES TO ASSESSMENT YEAR AS AGAINST ASSESSMENT OR DER PASSED U/S. 143(3) OF INCOME TAX ACT,1961( HEREIN AFTER REFERRED TO AS 'THE ACT) BY THE . . ./ I.T.A. NO.287/IND/2015 %' ' / ASSESSMENT YEAR: 2010-11 I.T.A.NO. 287/IND/2015/A.Y.10-11/M/S.KRITI INDUSTRI ES LTD. P AGE 2 OF 2 ASSISTANT COMMISSIONER OF INCOME TAX 3(1) INDORE [H EREINAFTER REFERRED TO AS THE AO]. 2. WHEN THE APPEAL WAS CALLED FOR HEARING, SHRI P.D. N AGAR, THE LEARNED COUNSEL FOR THE ASSESSEE SUBMITTED THAT THE ASSESSEE IS NOT INT ERESTED IN PURSUING THE APPEAL; THEREFORE, HE IS WITHDRAWING THE APPEAL FILED BEFOR E THE TRIBUNAL. TO A QUERY BY THE BENCH, THE LD. DR DID NOT RAISE ANY OBJECTION T O WITHDRAWAL OF THE APPEAL. 3. IN VIEW OF THE FOREGOING, APPEAL IS DISMISSED AS WI THDRAWN. 4. ORDER PRONOUNCED IN OPEN COURT ON 14.09.2016. SD/- ( . . ) (D.T.GARASIA) JUDICIAL MEMBER SD/- ( . . ) (O.P.MEENA) ACCOUNTANT MEMBER & / DATED : 14TH OCTOBER, 2016.OPM