RAMESHKUMAR DUJARI HUF, MUMBAI V. DCIT 26(2), MUMBAI

ITA 3468/MUM/2010

• Counselvise Citation: [2012] 119 COUNSELVISE.COM (IT) 7614 (ITAT-MUMBAI)
• Duration Of Justice: 1 year(s) 10 month(s) 25 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 28-03-2012
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: D
• Next Hearing Date: 28-03-2012
• Assessment Year: 1996-1997
• Appeal Filed On: 03-05-2010
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: JAGADISH

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL MUMBAI BENCHES D, MUMBAI BEFORE SHRI B.R. MITTAL, J.M. AND SHRI RAJENDRA S INGH, A.M. ITA NO. : 3468/MUM /2010 ASSESSMENT YEAR : 1996-97 RAMESHKUMAR DUJARI HUF C/O., RATAN TRADING CO., 6/8, VITHOBA LANA VITHALWADI, KALBADEVI ROAD MUMBAI-400 020. PAN NO: AABPD 7721 J DY. COMMISSIONER OF INCOME TAX -26(2) NOW RESTRUCTURED AS DY. COMMISSIONER OF INCOME TAX 14(2) EARNEST HOUSE MUMBAI. (APPELLANT) VS. (RESPONDENT) APPELLANT BY : SHRI HIRO RAI RESPONDENT BY : SHRI JAGADISH DATE OF HEARING : 28.3.2012 DATE OF PRONOUNCEMENT : 28.3.2012 O R D E R PER RAJENDRA SINGH (AM) THIS APPEAL BY THE ASSESSEE IS DIRECTED AGAINST THE ORDER D ATED 18.2.2010 OF CIT(A) FOR THE ASSESSMENT YEAR 1996-97. THE ONLY DISPUTE RAISED IN THIS APPEAL IS REGARDING ESTIMATED ADD ITION MADE BY AO BASED ON GROSS PROFIT RATE. 2. AT THE TIME OF HEARING OF THE APPEAL LD. AR FOR THE ASSESSEE FILED A LETTER DATED 28.3.2012 STATING THAT DUE TO SMALLNESS OF ADDITION INVOLVED THE ASSESSEE DID NOT WISH TO PURSUE THE APPEAL AND, ITA NO. 3468/M/2010 A.Y.96-97 2 THEREFORE, IT MAY BE PERMITTED TO WITHDRAW THE APPE AL. THE LD. DR HAD NO OBJECTION IN THE MATTER. WE, THEREFORE, DISMISS THE APPEAL OF THE ASSESSEE AS WITHDRAWN. 3. IN THE RESULT, APPEAL OF THE ASSESSEE STANDS DISMISSED. ORDER PRONOUNCED IN THE OPEN COURT ON 28.3.2012.. SD/- SD/- (B.R. MITTAL ) JUDICIAL MEMBER (RAJENDRA SINGH) ACCOUNTANT MEMBER MUMBAI, DATED: 28.3.2012. JV. COPY TO: THE APPELLANT THE RESPONDENT THE CIT, CONCERNED, MUMBAI THE CIT(A) CONCERNED, MUMBAI THE DR BENCH TRUE COPY BY ORDER DY/ASSTT. REGISTRAR, ITAT, MUMBAI.