EXECUTORS OF THE ESTATE OF COL PESI M BHAROACHA, MUMBAI V. ASST CIT RG 12(1), MUMBAI

ITA 367/MUM/2015

• Counselvise Citation: [2016] 132 COUNSELVISE.COM (IT) 2730 (ITAT-MUMBAI)
• Duration Of Justice: 1 year(s) 6 month(s) 7 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 21-07-2016
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: Not Allotted
• Assessment Year: 2010-2011
• Appeal Filed On: 14-01-2015
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: A K KARDA M

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL MUMBAI BENCH I, MUMBAI BEFORE SHRI G.S.PANNU, ACCOUNTANT MEMBER AND SHRI AMARJIT SINGH, JUDICIAL MEMBER ITA NO. 367 /MUM/2015 (ASSESSMENT YEAR : 2010-11) EXECUTORS OF THE ESTATE OF COL.PESI M. BHAROCHA, C/O. KALYANIWALLA & MISTRY, ARMY & NAVY BUILDING, 148, MAHATMA GANDHI ROAD, FORT,MUMBAI -400 001 PAN:AAATE 2432Q ... APPE LLANT VS. THE ASSTT. COMMISSIONER OF INCOME TAX, RANGE 12(1), MUMBAI. .... RESPONDEN T APPELLANT BY : SHRI AJIT SHAH RESPONDENT BY : SHRI A.K.KARDAM DATE OF HEARING : 21/07/2016 DATE OF PRONOUNCEMENT : 21/07/2016 ORDER PER G.S.PANNU,A.M: THE CAPTIONED APPEAL FILED BY THE ASSESSEE PERTAINI NG TO ASSESSMENT YEAR 2010-11 IS DIRECTED AGAINST AN ORDE R PASSED BY CIT(A)- 23, MUMBAI DATED 16/10/2014, WHICH IN TURN ARISES O UT OF AN ORDER PASSED BY THE ASSESSING OFFICER UNDER SECTION 143(3 ) OF THE INCOME TAX ACT, 1961 (IN SHORT THE ACT) DATED 28/11/2012. 2. AT THE TIME OF HEARING, LD. REPRESENTATIVE FOR T HE ASSESSEE MADE A REQUEST FOR PERMISSION TO WITHDRAW THE APPEAL, AS THE NECESSARY RELIEF HAS ALREADY BEEN ALLOWED BY THE ASSESSING OFFICER. LD. DEPARTMENTAL 2 ITA NO. 367 /MUM/2015 (ASSESSMENT YEAR : 2010-11) REPRESENTATIVE FOR THE REVENUE HAS NO OBJECTION TO THE AFORESAID PLEA OF THE ASSESSEE. 3. ACCORDINGLY, THE APPEAL OF THE ASSESSEE IS DISMI SSED AS WITHDRAWN. THE ABOVE DECISION WAS PRONOUNCED IN THE OPEN COUR T IN THE PRESENCE OF BOTH THE PARTIES AT THE CONCLUSION OF T HE HEARING ON 21/07/2016. SD/- SD/- (AMARJIT SINGH) (G.S. PANNU) JUDICIAL MEMBER ACCOCUNTANT MEMBER MUMBAI, DATED 21/07/2016 VM , SR. PS COPY OF THE ORDER FORWARDED TO : 1. THE APPELLANT , 2. THE RESPONDENT. 3. THE CIT(A)- 4. CIT 5. DR, ITAT, MUMBAI 6. GUARD FILE. BY ORDER, //TRUE COPY// (DY./ASSTT. REGISTRAR) ITAT, MUMBAI