AMBUJA CEMENTS LTD, MUMBAI V. CIT LTU, MUMBAI

ITA 3262/MUM/2015

• Counselvise Citation: [2017] 128 COUNSELVISE.COM (IT) 0203 (ITAT-MUMBAI)
• Duration Of Justice: 2 year(s) 1 month(s) 1 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 29-06-2017
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: H
• Next Hearing Date: 28-06-2017
• Assessment Year: 2006-2007
• Appeal Filed On: 28-05-2015
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Section: 263

Judgement Text

, , , IN THE INCOME TAX APPELLATE TRIBUNAL MUMBAI BENCHES H, MUMBAI , . , , BEFORE SHRI JOGINDER SINGH, JUDICIAL MEMBER, AND SHRI G. MANJUNATHA, ACCOUNTANT MEMBER ITA NO.3262/MUM/2015 ASSESSMENT YEAR: 2006-07 AMBUJA CEMENTS LIMITED, (FORMERLY KNOWN AS GUJARAT AMBUJA CEMENTS LTD.), ELEGANT BUSINESS PARK, MIDC CROSS ROAD B, ANDHERI EAST, MUMBAI-400059 / VS. CIT - LTU, 29 TH FLOOR, CENTRE-1, WORLD TRADE CENTRE, CUFFE PARADE, MUMBAI-400005 ( !' # /ASSESSEE) ( ( / REVENUE) PAN NO.:-AAACG0569P !' # / ASSESSEE BY SHRI ALPESH DHAROD ( / REVENUE BY SHRI RAHUL RAMAN CIT-DR ITA NO3262/MUM/2015 AMBUJA CEMENTS LIMITED, (FORMERLY KNOWN AS GUJARAT AMBUJA CEMENTS LTD.), 2 ) (* + # , / DATE OF HEARING : 29/06/2017 + # , / DATE OF ORDER: 29/06/2017 / O R D E R PER JOGINDER SINGH (JUDICIAL MEMBER) THE ASSESSEE IS AGGRIEVED BY THE IMPUGNED ORDER DAT ED 31/03/2015 OF THE LD. COMMISSIONER OF INCOME TAX, MUMBAI, ON THE GROUNDS STATED IN THE GROUNDS OF APPEAL/INVOKING REVISIONAL JURISDICTION U/S 263 OF THE INCOME TAX ACT, 1961 (HEREINAFTER THE ACT). 2. DURING HEARING, THE LD. COUNSEL FOR THE ASSESSE E, SHRI ALPESH DHAROD, FILED AN APPLICATION DATED 29/0 6/2017 WITH A PERMISSION TO WITHDRAW THE APPEAL FILED BY T HE ASSESSEE. THE LD. CIT-DR, SHRI RAHUL RAMAN, HAD NO OBJECTION, IF THE APPEAL IS PERMITTED TO BE WITHDRA WN BY THE ASSESSEE. 2.1. WE HAVE CONSIDERED THE RIVAL SUBMISSIONS AND PERUSED THE MATERIAL AVAILABLE ON RECORD. IN VIEW O F THE APPLICATION DATED 29/06/2017 OF THE ASSESSEE AND NO OBJECTION FROM THE REVENUE, THE APPEAL OF THE ASSES SEE IS DISMISSED AS WITHDRAWN. ITA NO3262/MUM/2015 AMBUJA CEMENTS LIMITED, (FORMERLY KNOWN AS GUJARAT AMBUJA CEMENTS LTD.), 3 FINALLY, THE APPEAL OF THE ASSESSEE IS WITHDRAWN. THIS ORDER WAS ORALLY PRONOUNCED IN THE OPEN COURT IN THE PRESENCE OF LD. REPRESENTATIVE FROM BOTH SIDES AT THE CONCLUSION OF THE HEARING ON 29/06/2017. SD/- SD/- ( G. MANJUNATHA ) (JOGINDER SINGH) '# / ACCOUNTANT MEMBER $# / JUDICIAL MEMBER ) * MUMBAI; . DATED :29/06/2017 F{X~{T? P.S / ( %$&'()(*& / COPY OF THE ORDER FORWARDED TO : 1. /012 / THE APPELLANT 2. 3412 / THE RESPONDENT. 3. 5 5 ) 6# ( /0 ) / THE CIT, MUMBAI. 4. 5 5 ) 6# / CIT(A)- , MUMBAI 5. 7(8 3# , 5 /0, / 9 , ) * / DR, ITAT, MUMBAI 6. :! ;* / GUARD FILE. / BY ORDER, 470# 3# //TRUE COPY// / (DY./ASSTT. REGISTRAR) , ) * / ITAT, MUMBAI,