Floatels India P.Ltd, Ernakulam V. ACIt, Trivandrum

ITA 316/COCH/2011

• Counselvise Citation: [2012] 140 COUNSELVISE.COM (IT) 64701 (ITAT-COCHIN)
• Duration Of Justice: 1 year(s) 3 month(s) 1 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 07-08-2012
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: DB
• Assessment Year: 2006-2007
• Appeal Filed On: 06-05-2011
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: VENI RAJ

Judgement Text

1 ITA NO.316/COCH/2011 IN THE INCOME TAX APPELLATE TRIBUNAL COCHIN BENCH, COCHIN BEFORE SHRI N.R.S. GANESAN (JM) AND SHRI B.R. BASKARA N(AM) I.T.A NO. 316/COCH/2011 (ASSESSMENT YEAR 2006-07) FLOATELS INDIA PVT LTD VS C.I.T., TRIVANDRUM M/S VARMA & VARMA, CAS A-12, KOWDIAR GARDENS GOLF LINKS ROAD, KOWDIAR THIRUVANANTHAPURAM-695 003 PAN : AAACF4323N (APPELLANT) (RESPONDENT) APPELLANT BY : NONE (WRITTEN SUBMISSION) RESPONDENT BY : MS.VENI RAJ DATE OF HEARING : 07-08-2012 DATE OF PRONOUNCEMENT : 07-08-2012 O R D E R PER N.R.S. GANESAN (JM) THIS APPEAL OF THE ASSESSEE IS DIRECTED AGAINST TH E ORDER OF THE ADMINISTRATIVE COMMISSIONER, TRIVANDRUM DATED 04-03-2 011 AND PERTAINS TO ASSESSMENT YEAR 2006-07. 2. WHEN THE APPEAL WAS TAKEN UP FOR HEARING NO ONE A PPEARED FOR THE ASSESSEE. HOWEVER, THE REGISTRY HAS PLACED ON RECO RD A LETTER WRITTEN BY THE LD.REPRESENTATIVE FOR THE ASSESSEE SEEKING PERMISSIO N OF THIS TRIBUNAL TO WITHDRAW THE APPEAL ON THE GROUND THAT WHILE GIVING EFFECT TO THE ORDER OF THE 2 ITA NO.316/COCH/2011 ADMINISTRATIVE COMMISSIONER NO ADDITION WAS MADE BY THE ASSESSING OFFICER. THEREFORE, THE ASSESSEE HAS NO GRIEVANCE. THE LD.D R HAS NO OBJECTION TO DISMISS THE APPEAL AS WITHDRAWN. ACCORDINGLY, THE APPEAL O F THE ASSESSEE IS DISMISSED AS WITHDRAWN. ORDER PRONOUNCED IN THE OPEN COURT AT THE TIME OF HEARING ON 07 TH AUGUST, 2012. SD/- SD/- (B.R. BASKARAN) (N.R.S. GANESAN) ACCOUNTANT MEMBER JUDICIAL MEMBER COCHIN, DT : 07 TH AUGUST, 2012 PK/- COPY TO: 1. THE APPELLANT 2. THE RESPONDENT 3. THE COMMISSIONER OF INCOME-TAX 4. THE COMMISSIONER OF INCOME-TAX(A) 5. THE DR (TRUE COPY) BY ORDER ASSTT. REGISTRAR, INCOME-TAX APPELLATE TRIBUNAL, COCHIN BENCH