M/s. Reliance Eminent Trading & Commercial Pvt. Ltd., Jamnagar V. The Pr. Commissioner of Income Tax, , Jamnagar

ITA 386/RJT/2018

• Counselvise Citation: [NaN] 107 COUNSELVISE.COM (IT) 1684 (ITAT-RAJKOT)
• Duration Of Justice: 3 year(s) 3 month(s) 16 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 04-02-2022
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: DB
• Assessment Year: 2009-2010
• Appeal Filed On: 18-10-2018
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Assessee Lawyers: NI ME V OR A
• Section: 147; 263

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL “RAJKOT” BENCH, RAJKOT [Conducted through E-Court at Ahmedabad] BEFORE SHRI MAHAVIR PRASAD, JUDICIAL MEMEBR & SHRI WASEEM AHMED, ACCOUNTANT MEMEBR आयकर अपील सं./I.T.A. No. 386/Rjt/2018 ( Assess ment Ye ar : 2009-10) M / s. Re li an ce E mi ne nt Tr ad in g & Co mme rci al Pri va te L i mit ed Ra ma n Rat i Ap ar t ment , Nr . As ha pur a Ho te l, Sa ru Sec ti on R oa d, J a mn aga r ब म/ V s . Th e Pri nc ip al Co mmi s si on er of I nc o me Tax Ja mna ga r यी ल सं./ ीआ आर सं./P A N / G IR N o . : A A FC A 4 0 3 8 G (अपील Appellant) . . ( य / Respondent) अपील र स /Appellant by : Sh ri Ni me sh V or a, A. R. य क र स / Respondent by : Shri James Kurian, CIT D.R. स क र D a t e o f H e a r i n g 02/02/2022 !"# क र /D a t e o f P r o n o u n c e m e n t 04/02/2022 ORDER PER MAHAVIR PRASAD, JM: The c ap ti on ed a pp eal h as b ee n f ile d at the i ns ta nc e o f the ass es se e a ga in st th e or de r of t he P rin cip al Co m mi ssio ne r of I nco me Tax , Ja mna ga r (‘ PC IT ’ i n sh or t) vi de Ap pe al No . PC IT .J/ H Q/ 26 3/ RE TC PL /2 01 8- 19 , da t ed 1 4. 08 .2 01 8 ar ising in t he ass es s men t o rd er d ate d 1 6. 12 .2 01 6 p a sse d b y th e A sses si ng Of f icer (A O) un de r s. 14 3( 3) r. w. s. 14 7 of t h e I nc o me Tax Act , 19 61 ( th e Act ) co nc ern in g A Y. 20 09 -1 0. ITA No. 386/Rjt/2018 [M/s. Reliance Eminent Trading & Commercial Pvt. Ltd.. vs. PCIT] AY 2009-10 - 2 - 2. At th e ti me of h ea rin g, le ar ne d co un s el f o r t he a sse ss ee Sh ri Ni me sh Vo ra s tat e d t ha t t he c on seq u ent ia l o rd er p urs u ant t o t he i mpu gne d re vi si on or de r u/ s. 26 3 of th e Ac t, ha s been pa ss ed o n 30. 09 .2 02 1 b y th e As sis ta nt Co mmi s si one r of In co me Ta x, M u mba i 4(3 )( 1) , w he re in th e re tu rn ed in co me of the as se ss ee wa s ac ce pt ed as a ss es se d. Ac c ord in gl y, th e ca pt i one d a pp ea l, as b ein g f il ed aga in st th e o rd er u /s. 2 63, ha s bec o m e i nf ruc tu ou s. Th u s, a ss es se e see ks pe r mis si on to wit hd ra w t he c ap ti on ed a p pea l. Ld . De par t men ta l R ep r ese nt at ive f or t he Re ven ue di d n ot e xpr es s a n y obj ec ti on in t hi s r e gar d. Acc or di ng l y, the pr a ye r of t he a sse ss ee f or wit hd ra wa l is gr an t ed. 3. In th e r es ul t, th e ap pe al of t he as ses se e is di smis se d a s wit hd ra wn . Sd/- Sd/- (WASEEM AHMED) (MAHAVIR PRASAD) ACC OUNTANT MEMB ER JUDICIAL MEMBER Ahmedabad: Dated 04/02/2022 True Copy S.K.SINHA आदेश े / Copy of Order Forwarded to:- $. र / Revenue 2. आ दक / Assessee '. सं(ं)* आयकर आय + / Concerned CIT 4. आयकर आय + - अपील / CIT (A) .. / 0 1ीय 2 2 )*3 आयकर अपील य अ)*कर#3 अ45द ( द / DR, ITAT, Ahmedabad 6. 1 78 9 ल / Guard file. By order/आद श स 3 D e p u t y / A s s t t . R e g i s t r a r I T A T , R a j k o t This Order pronounced in Open Court on 04/02/2022