M/s. Kashi Exports, Surat V. The Dy. CIT.,Circle-9, Surat

ITA 3004/AHD/2013

• Counselvise Citation: [2018] 118 COUNSELVISE.COM (IT) 1993 (ITAT-SURAT)
• Duration Of Justice: 4 year(s) 9 month(s) 23 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 09-10-2018
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: DB
• Next Hearing Date: 02-08-2017
• Assessment Year: 2007-2008
• Appeal Filed On: 16-12-2013
• Result in Favour of: Revenue
• Court: TRIBUNAL

Judgement Text

PAGE 1 OF 1 N THE INCOME TAX APPELLATE TRIBUNAL, SURAT BENCH- SURAT BEFORE SHRI C.M. GARG, JUDICIAL MEMBE AND SHRI O.P. MEENA, ACCOUNTANT MEMBER . . ./ I.T.A NO. 3004/AHD/2013 / A.Y.:2007-08 M/S. KASHI EXPORTS , 2 ND FLOOR GAUTAM PARK, MATAWADI CHAR RASTA, LAMBE HANUMAN ROAD SURAT 395006 PAN: AACFK 8024C VS. DEPUTY COMMISSIONER OF INCOME - TAX, CIRCLE 9 SURAT APPELLANT /RESPONDENT ASSESSEE BY SHRI BIPIN JARIWALA CA REVENUE BY SHRI DILIP KUMAR, SR. D.R. DATE OF HEARING 09.10.2018 DATE OF PRONOUNCEMENT 09.10.2018 O R D E R PER O.P. MEENA, A.M. 1. THIS APPEAL BY THE ASSESSEE FILED AGAINST THE ORDER PASSED BY THE COMMISSIONER OF INCOME-TAX (APPEAL)-V, SURAT DATED 17.10.2013, MAKING ADDITION OF RS. 89,62,471 ON ACCOUNT OF SHORT-TERM CAPITAL GAINS. 2. WHEN THE APPEAL WAS CALLED FOR HEARING, A LETTER DATED 06.10.2018 SIGNED BY THE PARTNER OF THE ASSESSEE FIRM WAS PLACED BEFORE US, WHEREIN THE ASSESSEE SOUGHT PERMISSION TO WITHDRAW THE APPEAL. THE LD. SR. DR HAS NOT RAISED ANY OBJECTION FOR WITHDRAWAL OF APPEAL. 3. IN VIEW OF THE FOREGOING, APPEAL IS DISMISSED AS WITHDRAWN. 4. ORDER PRONOUNCED IN THE OPEN COURT ON 09.10.2018 SD/- SD/- (C.M. GARG) (O.P. MEENA) JUDICIAL MEMBER ACCOUNTANT MEMBER / SURAT, DATED: 09.10.2018 COPY OF ORDER FORWARDED TO- ASSESSEE/AO/PR. CIT/ CIT (A)/ITAT (DR)/GUARD FILE OF ITAT. BY ORDER / / TRUE COPY / / A.R.ITAT- SURAT