GOLDCREST EXPORTS, MUMBAI V. DCIT CIR 12(2), MUMBAI

ITA 3087/MUM/2010

• Counselvise Citation: [2011] 134 COUNSELVISE.COM (IT) 8019 (ITAT-MUMBAI)
• Duration Of Justice: 11 month(s) 3 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 23-03-2011
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: G
• Assessment Year: 2006-2007
• Appeal Filed On: 20-04-2010
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: A K NAYAK
• Section: 143(3); 154

Judgement Text

1 IN THE INCOME TAX APPELLATE TRIBUNAL G BENCH, MUMBAI BEFORE SHRI R. V. EASWAR, PRESIDENT AND SHRI RAJEN DRA SINGH(AM) ITA NO.3087/M/2010 ASSESSMENT YEAR 2006-07 M/S. GOLDCREST EXPORTS THE DCIT 12(2) 3 RD FLOOR, DEVIDAS MANSION AAYAKAR BHAVAN MEREWEATHER ROAD, APPOLLO BUNDER M.K.ROAD, MUMBAI 400 020. COLABA, MUMBAI 400 039. PAN : AAAFT 1304 Q APPELLANT RESPONDENT ASSESSEE BY : NONE REVENUE BY : SHRI A.K.NAYAK O R D E R PER RAJENDRA SINGH (AM) THIS APPEAL BY THE ASSESSEE IS DIRECTED AGAINST TH E ORDER DATED 1.2.10 OF CIT(A) FOR THE ASSESSMENT YEAR 2006-07 IN RELATION TO THE ORDER OF AO PASSED UNDER SECTION 154 OF THE INCOME-TAX ACT. THE ASSES SEE HAS CHALLENGED THE ORDER OF CIT(A) DISMISSING THE APPEAL AGAINST THE O RDER PASSED UNDER SECTION 154. HOWEVER AT THE TIME OF HEARING OF APPEAL THE L EARNED AR FOR THE ASSESSEE FILED APPLICATION FOR WITHDRAWING THE APPE AL. IT WAS SUBMITTED THAT THE ASSESSEE HAD ALSO FILED APPEAL AGAINST ASSESSMENT O RDER UNDER SECTION 143(3) AND RELIEF HAS BEEN ALLOWED BY THE CIT(A) ON THE PO INTS AGITATED IN 154 PETITION. IT HAS ACCORDINGLY BEEN SUBMITTED THAT TH E APPEAL MAY BE TREATED AS 2 WITHDRAWN. THE LEARNED DR APPEARING FOR THE REVENUE HAD NO OBJECTION IN THE MATTER. WE THEREFORE DISMISS THE APPEAL OF THE ASSE SSEE AS WITHDRAWN. 2. IN THE RESULT THE APPEAL OF THE ASSESSEE STANDS DISMISSED. 3. ORDER WAS PRONOUNCED IN THE OPEN COURT 23.03.201 1. SD/- SD/- ( R. V. EASWAR ) (RAJENDR A SINGH) PRESIDENT ACCOUNTANT MEMBER DATE : 23.03.2011 AT :MUMBAI COPY TO : 1. THE APPELLANT 2. THE RESPONDENT 3. THE CIT(A), MUMBAI CONCERNED 4. THE CIT, MUMBAI CITY CONCERNED 5. THE DR G BENCH, ITAT, MUMBAI // TRUE COPY// BY ORDER ASSISTANT REGISTRAR ITAT, MUMBAI BENCHES, MUMBAI ALK