THAKKAR TRADING PRIVATE LIMITED, MUMBAI V. PRINCIPAL COMMISSIONER OF INCOME TAX-RANGE 8, MUMBAI

ITA 3093/MUM/2016

• Counselvise Citation: [2017] 128 COUNSELVISE.COM (IT) 0503 (ITAT-MUMBAI)
• Duration Of Justice: 1 year(s) 24 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 26-05-2017
• Appeal Filed By: Assessee
• Bench Allotted: E
• Assessment Year: 2011-2012
• Appeal Filed On: 02-05-2016
• Court: TRIBUNAL
• Department Lawyers: A K NAYAK
• Keywords: Revision of order
• Section: 143(3); 263

Judgement Text

' IN THE INCOME TAX APPELLATE TRIBUNAL MUMBAI BENCH E , MUMBAI BEFORE SHRI G.S.PANNU, ACCOUNTANT MEMBER AND SHIR C .N. PRASAD, JUDICIAL MEMBER ITA NO. 3 0 93 /MUM/201 6 : (A.Y : 20 1 1 - 1 2 ) M/S THAKKAR TRADING PVT. LTD. 93/95, KAZI SAYED STREET SUGAR HOUSE MEZZ.FLOOR MUMBAI 400 0 03 PAN : AAACT3715A VS. PRINCIPAL COMMISSIONER OF INCOME TAX RANGE 8 ROOM NO.611, AAYAKAR BHAVAN MK ROAD MUMBAI 400 020 ( / APPELLANT) ( / RESPONDENT) / APPELLANT BY : SHRI HORMUZD JAMSHEDJI RESPONDENT BY : SHRI A.K.NAYAK / DATE OF HEARING : 0 6 /0 4 /2017 / DATE OF PRONOUNCEMENT : 26 / 04 / 2017 / O R D E R PER C.N.PRASAD [J.M.] TH IS APPEAL IS FILED BY THE ASSESSEE AGAINST THE ORDER OF THE LD. PRINCIPAL COMMISSIONER OF INCOME TAX - 8 , MUMBAI DATED 23 .0 3 .201 6 FOR THE ASSESSMENT YEAR 201 1 - 1 2 PASSED U/S 263 OF THE ACT. 2. AT THE TIME OF HEARING, THE LD. COUNSEL FOR THE ASSESSEE FILED LETTER DATED 04.04.2017 REQUESTING TO WITHDRAW THE SAID APPEAL A S THE ASSESSING OFFICER HAS ACCEPTED THE CONTENTIONS OF THE ASSESSEE AND NO ADDITIONS WERE MADE WHILE PASSING THE ASSESSMENT ORDER U/S 143(3) R.W.S. 263 OF THE ACT. THE LD. COUNSEL 2 ITA NO . 3093 /MUM/201 6 , A.Y 20 1 1 - 1 2 M/S THAKKAR TRADING PVT. LTD. SUBMITS THAT SINCE THE ASSESSEE GOT RELIEF IN THE CONSEQUENTIAL PROCEEDING S TO 263 ORDER, THE ASSESSEE MAY BE P ERMITTED TO WITHDRAW THE APPEAL TO WHICH T HE LD. DR HAS NO OBJECTION . 3 . HAVING HEARD THE RIVAL SUBMISSIONS, WE PERMIT THE ASSESSEE TO WITHDRAW THE APPEAL . HENCE THIS APPEAL IS DISMISSED AS WITHDRAWN. ORDER PRONOUNCED IN THE OPEN COURT ON THE 26 TH DAY OF APRIL 2017 . SD/ - SD/ - ( G.S.PANNU ) ( C.N.PRASAD ) / / ACCOUNTANT MEMBER JUDICIAL MEMBER / MUMBAI; / DATED 26 .04. 2017 LR, SPS 3 ITA NO . 3093 /MUM/201 6 , A.Y 20 1 1 - 1 2 M/S THAKKAR TRADING PVT. LTD. / COPY OF THE ORDER FORWARDED TO : / BY ORDER, (ASSTT. REGISTRAR) , / ITAT, MUM 1. / THE APPELLANT 2. / THE RESPONDENT. 3. ( ) / THE CIT(A), MUMBAI. 4. / CIT 5. , , / DR, ITAT, MUMBAI 6. / GUARD FILE. // TRUE COPY / /