OVERSEAS PACKAGING INDUSTRIES PVT.LTD., MUMBAI V. ITO 3(2)(4), MUMBAI

ITA 3742/MUM/2009

• Counselvise Citation: [2010] 136 COUNSELVISE.COM (IT) 1406 (ITAT-MUMBAI)
• Duration Of Justice: 1 year(s) 27 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 06-07-2010
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: C
• Assessment Year: 2005-2006
• Appeal Filed On: 09-06-2009
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: P N DEVADASAN
• Section: 263

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL MUMBAI BENCHES C : MUMBAI BEFORE SHRI D. MANMOHAN, VICE PRESIDENT AND RAJENDR A SINGH, A.M. ITA. NO. 3742/MUM/2009 ASSESSMENT YEAR 2005-2006 OVERSEAS PACKAGING INDUSTRIES PVT. LTD. MUMBAI 400 021 PAN AAACO-0576-G VS. ITO 3 (2) (4) AAYAKAR BHAVAN MUMBAI. (APPELLANT) (RESPONDENT) FOR APPELLANT : -NONE- FOR RESPONDENT : SHRI P.N. DEVADASAN ORDER PER D. MANMOHAN, V.P. 1. THIS APPEAL IS DIRECTED AGAINST THE ORDER PASSE D BY THE REVISIONAL AUTHORITY, IN EXERCISE OF THE POWERS VESTED IN HIM UNDER SECTION 263 OF THE ACT. BY THE TIME THE APPEAL CAME UP FOR HEARING ASSESSEE -COMPANY FILED AN APPLICATION (LETTER DATED 12 TH MARCH, 2010) SEEKING TO WITHDRAW ITS APPEAL BY STATING AS UNDER : THE SAID APPEAL WAS FILED BY US AGAINST THE ORDER PASSED BY THE CIT, U/S. 263 OF THE IT ACT. HOWEVER SUBSEQUENT LY REGULAR ASSESSMENT ORDER U/S. 143 (3) (3) R.W.S. 263 HAS AL READY BEEN PASSED AND WE HAVE NO GRIEVANCES IN THE SAID ORDER. UNDER SUCH CIRCUMSTANCES WE WISH TO WITHDRAW THE APPEAL F ILED BY US IN ITAT AGAINST THE ORDER U/S. 263. KINDLY TREAT THE SAID APPEAL AS WITHDRAWN BY US. 2. LEARNED DR HAS NO OBJECTION FOR THE SAME. 3. UNDER THE CIRCUMSTANCES WE DISMISS THE APPEAL A S WITHDRAWN. ORDER PRONOUNCED IN THE OPEN COURT ACCORDINGLY. SD/- SD/- (RAJENDRA SINGH) (D.MANMOHAN) ACCOUNTANT MEMBER VICE PRESIDENT MUMBAI, DATE 6 TH JULY, 2010. VBP/- 2 COPY TO 1. OVERSEAS PACKAGING INDUSTRIES PVT. LTD. 49, BAJA J BHAVAN, 4 TH FLOOR, NARIMAN POINT, MUMBAI 400 021 PAN AAACO-0576-G 2. ITO 3 (2) (4), AAYAKAR BHAVAN, MUMBAI. 3. CIT (A)-3, 667A, AAYAKAR BHAVAN, M.K. ROAD, MUMB AI 020. 4. ADDL. CIT, RANGE 3 (2), MUMBAI. 5. D.R. C BENCH 6. GUARD FILE. (TRUE COPY) BY ORDER ASST. REGISTRAR, ITAT, MUMBAI BENCHES MUMBAI.