SMS LTD., NAGPUR V. PRINCIPAL COMMISSIONER OF INCOME TAX-1, , NAGPUR

ITA 34/NAG/2022

AI Insights

The case involves SMS Ltd., the appellant, who filed an appeal against the order of the CIT(A)-1, Nagpur for the assessment year 2017-18. The appeal was related to proceedings under section 143(3) of the Income Tax Act, 1961. During the hearing, the counsel for the assessee submitted a letter dated 23.10.2023, requesting the withdrawal of the appeal. The Departmental Representative did not object to this request. As a result, the Income Tax Appellate Tribunal, Nagpur Bench, decided to dismiss the appeal as withdrawn.

• Counselvise Citation: [2023] 140 COUNSELVISE.COM (IT) 136598 (ITAT-NAGPUR)
• Duration Of Justice: 1 year(s) 7 month(s) 27 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 30-10-2023
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: DB
• Assessment Year: 2017-2018
• Appeal Filed On: 03-03-2022
• Laws Referred To: Income Tax Act, 1961
• Result in Favour of: Revenue
• Court: TRIBUNAL

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL NAGPUR BENCH : NAGPUR [THROUGH VIRTUAL HEARING AT INCOME TAX APPELLATE TRIBUNAL : PUNE BENCHES : PUNE] BEFORE SHRI SATBEER SINGH GODARA, JUDICIAL MEMBER AND DR. DIPAK RIPOTE, ACCOUNTANT MEMBER I.T.A.No.34/NAG./2022 Assessment Year – 2017-2018 SMS Ltd., 20 STPI, Gayatri Nagar Parsodi, Nagpur. PIN – 440 022 Maharashtra. PAN AACCS9854P vs. The Pr. CIT-1, Aaykar Bhawan, Civil Lines, Nagpur – 440 001 Maharashtra. (Appellant) (Respondent) For Assessee : Shri Kapil Hirani on behalf of Shri Mukesh Agrawal, C.A. For Revenue : Shri Kailash G. Kanojiya, CIT-DR Date of Hearing : 26.10.2023 Date of Pronouncement : 31.10.2023 ORDER PER SATBEER SINGH GODARA, J.M. : This assessee’s appeal, for assessment year 2017- 18, arises against the CIT(A)-1, Nagpur’s Order in case No.CIT(A)-1/465/2019-20, dated 23.07.2020, involving proceedings u/s.143(3) of the Income Tax Act, 1961 (in short “the Act”). Heard both the parties. Case file perused. 2 ITA.No.34/Nag./2022 2. During the course of hearing, learned counsel appearing for the assessee seeks permission for withdrawal of it’s appeal vide letter dated 23.10.2023 reads as under : 3. Learned DR has no objection. 4. We therefore, dismiss the appeal of the assessee as withdrawn. 3 ITA.No.34/Nag./2022 Order pronounced in the open Court on 31.10.2023. Sd/- Sd/- [DR. DIPAK P. RIPOTE] [SATBEER SINGH GODARA] ACCOUNTANT MEMBER JUDICIAL MEMBER Pune, Dated 31 st October, 2023 VBP/- Copy to 1. The applicant 2. The respondent 3. The CIT(A)-1, 216, Aayakar Bhavan, Telangkhedi Road, Civil Lines, Nagpur – 440 001. 4. The Pr. CIT, Nagpur concerned. 4. D.R. ITAT, Nagpur Bench, Nagpur. 5. Guard File. //By Order// //True Copy // Assistant Registrar, ITAT, Pune Benches, Pune.