BOMBAY STOCK EXCHANGE LTD, MUMBAI V. CIT 2, MUMBAI

ITA 3127/MUM/2012

• Counselvise Citation: [2014] 140 COUNSELVISE.COM (IT) 78762 (ITAT-MUMBAI)
• Duration Of Justice: 1 year(s) 11 month(s) 15 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 22-04-2014
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: B
• Next Hearing Date: 22-04-2014
• Assessment Year: 2007-2008
• Appeal Filed On: 07-05-2012
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: PREETAM SINGH
• Assessee Lawyers: B V JHAVERI
• Section: 143(3); 263

Judgement Text

, IN THE INCOME TAX APPELLATE TRIBUNAL MUMBAI BENCHES B MUMBAI . . , BEFORE SHRI I.P. BANSAL, JUDICIAL MEMBER AND , SHRI SANJAY ARORA, ACCOUNTANT MEMBER . / ITA NO.3127/MUM/2012 / ASSESSMENT YEAR 2007-08 M/S. BOMBAY STOCK EXCHANGE LTD., 25 TH FLOOR, PHIROZ JEEJEEBHOY TOWERS, DALAL STREET, FORT, MUMBAI 400 023. / VS. ADDL.CIT, RANGE 2(1), AAYKAR BHAVAN, MK ROAD, MUMBAI 400 020 ! ./ ' ./ PAN/GIR NO. : AACCB 6672L ( !# / APPELLANT ) .. ( $%!# / RESPONDENT ) !# & / APPELLANT BY: SHRI B.V.JHAVERI $%!# ' & / RESPONDENT BY : SHRI PREETAM SINGH ' () / DATE OF HEARING : 22/04/2014 * ' () / DATE OF PRONOUNCEMENT : 22/04/2014 + / O R D E R PER I.P.BANSAL, J.M: THIS IS AN APPEAL FILED BY THE ASSESSEE. IT IS DIRECTED AGAINST ORDER PASSED BY LD. CIT-2, MUMBAI DATED 22/3/2012 PASSED UNDER SECTION 263 OF THE ACT FOR ASSESSMENT YEAR 2007-08. 2. VIDE LETTER DATED 21/4/2014 THE LD. A.R APPOINTE D BY THE ASSESSEE HAS SUBMITTED FOLLOWING APPLICATION FOR WITHDRAWAL OF THE APPEAL: SUB: WITHDRAWAL OF THE APPEAL AGAINST THE ORDER U/ S.263 OF THE IT ACT, 1961. 1. UNDER THE INSTRUCTIONS OF MY ABOVE NAMED CLIENT, I HAVE TO REQUEST YOUR HONOUR S TO ALLOW THE WITHDRAWAL OF THE AFORESAID A PPEAL FILED WITH YOUR HONOURS . / ITA NO.3127/MUM/2012 / ASSESSMENT YEAR 2007-08 2 AGAINST THE ORDER U/S.263 OF THE IT ACT, 1961, AS T HE ASSESSING OFFICER HAS PASSED THE ORDER U/S. 143(3) R.W.S. 263 OF THE ACT AGAINST WHICH THE ASSESSEE COMPANY IS IN APPEAL BEFORE THE COMMISSIONER (APPEA LS). 2. I HOPE AND DO TRUST THAT YOUR HONOURS WILL ACC EDE TO THE REQUEST OF MY CLIENT AND ALLOW THE WITHDRAWAL OF THE APPEAL. 3. LD. DR DID NOT HAVE ANY OBJECTION TO SUCH REQUES T OF THE ASSESSEE. 4. IN THIS VIEW OF THE SITUATION, AFTER HEARING BO TH THE PARTIES WE PERMIT THE ASSESSEE TO WITHDRAW THE APPEAL. ACCORDINGLY, THE APPEAL IS DISMISSED AS WITHDRAWN. 5. IN THE RESULT, APPEAL FILED BY THE ASSESSEE IS D ISMISSED AS WITHDRAWN. ORDER PRONOUNCED IN THE OPEN COURT ON 22/04 /2014 + ' * - ./ 22 /04/2014 ' 0 1 SD/- SD/- ( / SANJAY ARORA ) ( . . / I.P. BANSAL ) / ACCOUNTANT MEMBER / JUDICIAL MEMBER MUMBAI; . DATED 22/04/2014 + + + + ' '' ' $(2 $(2 $(2 $(2 32 ( 32 ( 32 ( 32 ( / COPY OF THE ORDER FORWARDED TO : 1. !# / THE APPELLANT 2. $%!# / THE RESPONDENT. 3. 4 ( ) / THE CIT(A)- 4. 4 / CIT 5. 250 $( , , / DR, ITAT, MUMBAI 6. 06 7 / GUARD FILE. + + + + / BY ORDER, %2( $( //TRUE COPY// 8 88 8 / 9 9 9 9 (DY./ASSTT. REGISTRAR) , / ITAT, MUMBAI . . ./ VM , SR. PS