Karan Developers Through Deceased Partner Late Gulab Ratnani Through Legal Heir Lata Gulab Ratnani, Pimpri Pune V. Dy. Commissioner of Income Tax, Circle 8, Akurdi, Pune, Aukrdi, Pune

ITA 328/PUN/2023

AI Insights

The case involved Karan Developers, who appealed against an order from the National Faceless Appeal Centre (NFAC) concerning a penalty imposed under section 271(1)(c) of the Income-tax Act, 1961, for the assessment year 2009-10. The appeal was heard by the Income Tax Appellate Tribunal, Pune, where the appellant's representative requested to withdraw the appeal, citing a Form No 5 and a withdrawal application filed under rule 7 of the VSVR, 2020. The tribunal recorded the no objection from the departmental representative and dismissed the appeal as withdrawn.

• Counselvise Citation: [2023] 140 COUNSELVISE.COM (IT) 136344 (ITAT-PUNE)
• Duration Of Justice: 2 month(s) 5 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 25-05-2023
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: A
• Next Hearing Date: 25-05-2023
• Assessment Year: 2009-2010
• Appeal Filed On: 20-03-2023
• Laws Referred To: Income-tax Act, 1961
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Assessee Lawyers: HARI KRISHAN
• Section: 271(1)(c); 250

Judgement Text

॥आयकर अपीलीय न्यायाधिकरण, पुणे “ए” न्यायपीठ,पुणे में॥ ITAT-Pune Page 1 of 2 IN THE INCOME TAX APPELLATE TRIBUNAL, PUNE “A” BENCH, PUNE BEFORE HON’BLE SHRI S.S.VISWANETHRA RAVI, JUDICIAL MEMBER AND SHRI G. D. PADMAHSHALI, ACCOUNTANT MEMBER आयकर अपील सं. / ITA No. 328/PUN/2023 धििाारण वर्ा / Assessment Year : 2009-10 Karan Developers Through deceased partner L/H Shop No-4, Sai Vaishnavi, Pimpri, Pune-411 017 PAN : AAGFK8290A . . . . . . . अपीलार्थी / Appellant बिाम / V/s. Dy. Commissioner of Income Tax Circle-8, Akurdi, Pune. . . . . . . . प्रत्यर्थी / Respondent द्वारा/ Appearances Assessee by : Shri Hari Krishan & Arrchena Shetty Revenue by : Shri Keyur Patel, CIT-DR सुनवाई की तारीख / Date of conclusive Hearing : 26/05/2023 घोषणा की तारीख / Date of Pronouncement : 26/05/2023 आदेश/ ORDER PER G. D. PADMAHSHALI, AM; This appeal is filed against the order of first appellate authority National Faceless Appeal Centre [for short “NFAC”] dt. 20/01/2023 passed u/s 250 of the Income-tax Act, 1961 [for short “the Act”] emanating from order of penalty dt. 30/03/2018 passed u/s 271(1)(c) by the Dy. Commissioner of Income Tax, Circle-8, Pune [for short “AO”] for the assessment year [for short “AY”] 2009-10. Karan Developers, ITA No. 328/PUN/2023 AY: 2009-10 ITAT-Pune Page 2 of 2 2. At the outset, the learned representative for the assessee [for short “AR”] referring to Form No 5 dt. 25/05/2023 issued u/r 7 of VSVR, 2020 and withdrawal application of even date, has prayed for withdrawal of present appeal reiterating the contents thereof. Recording no objection from the learned departmental representative [for short “DR”] we dismiss this appeal as withdrawn. 3. In result, the appeal is dismissed as WITHDRAWN. In terms of rule 34 of ITAT Rules, the order pronounced in the open court on this Friday, 26 th day of May, 2023. -S/d- -S/d- S. S.VISWANETHRA RAVI G. D. PADMAHSHALI JUDICIAL MEMBER ACCOUNTANT MEMBER पुणे / PUNE ; ददनाांक / Dated : 30 th day of May, 2023. आदेशकीप्रधिधलधपअग्रेधर्ि / Copy of the Order forwarded to : 1.अपीलाथी / The Appellant. 2. प्रत्यथी / The Respondent. 3. The Pr. CIT-Pune (Mh-India) 4.The NFAC, New Delhi. 5. The DR, ITAT, “A” Bench, Pune 6. गार्डफ़ाइल / Guard File. आदेशानुसार / By Order, वररष्ठ दनजी सदिव / Sr. Private Secretary आयकर अपीलीय न्यायादधकरण, पुणे / ITAT, Pune.