Madhav Developers, Ahmedabad V. The Deputy Commissioner of Income Tax, Central Circle-1(4), Ahmedabad

ITA 3505/AHD/2016

• Counselvise Citation: [2018] 125 COUNSELVISE.COM (IT) 1140 (ITAT-AHMEDABAD)
• Duration Of Justice: 1 year(s) 8 month(s) 22 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 17-09-2018
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: Not Allotted
• Assessment Year: 2010-2011
• Appeal Filed On: 26-12-2016
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: LALIT P JAIN
• Assessee Lawyers: ANIL BRAHMAKSHATRIYA

Judgement Text

ITA NO. 3505/AHD/2016 MADHAV DEVELOPERS VS. DCIT ASSESSMENT YEAR: 2010-11 PAGE 1 OF 2 IN THE INCOME TAX APPELLATE TRIBUNAL AHMEDABAD D BENCH, AHMEDABAD [CORAM: PRAMOD KUMAR AM AND MAHAVIR PRASAD JM] ITA NO.3505/AHD/2016 ASSESSMENT YEAR: 2010-11 MADHAV DEVELOPERS ........... . APPELLANT C/O. MADHAV GROUP OF COMPANIES, 120/1, RADHE CHAMBER, OPP. PRANAMI NAGAR, VASTRAL ROAD, VASTRAL, AHMEDABAD-382 418 [PAN: AARFM 6748 C] VS. DEPUTY COMMISSIONER OF INCOME TAX ..................... RESPONDENT CENTRAL CIRCLE 1(4), AHMEDABAD APPEARANCES BY ANIL BRAHMAKSHATRIYA, FOR THE APPELLANT LALIT P JAIN , FOR THE RESPONDENT HEARING CONCLUDED ON: 12.09.2018 ORDER PRONOUNCED ON : 17.09.2018 O R D E R PER PRAMOD KUMAR, AM: 1. BY WAY OF THIS APPEAL, THE ASSESSEE-APPELLANT HA S CHALLENGED CORRECTNESS OF THE ORDER DATED 3 RD OCTOBER, 2016 PASSED BY THE BY THE LEARNED CIT(A)- 13, AHMEDABAD, UPHOLDING THE PENALTY IMPOSED BY THE ASSESSING OFFI CER UNDER SECTION 271B OF THE INCOME-TAX ACT, 1961, FOR THE ASSESSMENT YEAR 2010- 11. 2. AT THE TIME OF HEARING, LEARNED COUNSEL FOR THE ASSESSEE SUBMITTED THAT THE ASSESSEE WANTS TO WITHDRAW ITS APPEAL. THE LEARNED DEPARTMENTAL REPRESENTATIVE HAS NO OBJECTION. IN VIEW OF THE STATEMENT MADE BY THE LEARNED COUNSEL FOR THE ASSESSEE, THE APPEAL OF THE ASSESSEE IS DISMISSED AS WITHDRAW N. 3. IN THE RESULT, THE APPEAL IS DISMISSED AS INDIC ATED ABOVE. PRONOUNCED IN THE OPEN COURT TODAY ON THE 17 TH SEPTEMBER, 2018 SD/- SD/- MAHAVIR PRASAD PRAMOD KUMAR (JUDICIAL MEMBER) (ACCOUNTANT MEM BER) DATED: 17 TH SEPTEMBER, 2018 BT** ITA NO. 3505/AHD/2016 MADHAV DEVELOPERS VS. DCIT ASSESSMENT YEAR: 2010-11 PAGE 2 OF 2 COPIES TO: (1) THE APPELLANT (2) THE RESPONDENT (3) CIT (4) CIT(A) (5) DR (6) GUARD FILE BY ORDER TRUE COPY ASSISTANT REGISTRAR INCOME TAX APPELLATE TRIBUNAL AHMEDABAD BENCHES, AHMEDABAD 1. DATE OF TAKING DICTATION: WITHDRAWAL 12.09.2 018 2. DATE OF TYPING & DRAFT ORDER PLACED BEFORE THE DI CTATING MEMBER: 12.09.2018.. 3. DATE ON WHICH THE APPROVED DRAFT COMES TO THE SR. P.S./P.S.: ......17.09.2018....................... ... 4. DT. ON WHICH THE FAIR ORDER IS PLACED BEFORE THE DICTATING MEMBER FOR PRONOUNCEMENT: ....... 17.09. 2018..... 5. DATE ON WHICH THE FILE GOES TO THE BENCH CLERK: . ... 17.09.2018....................... 6. DATE ON WHICH THE FILE GOES TO THE HEAD CLERK: ..... 7. THE DT. ON WHICH THE FILE GOES TO THE ASTT. REGISTR AR FOR SIGNATURE ON THE ORDER: .................. ....... 8. DATE OF DESPATCH OF THE ORDER: ................. .......