Klass Traders (P) Ltd, Kolakta V. Pr. CIT-2, Kolkata

ITA 390/KOL/2020

• Counselvise Citation: [2022] 106 COUNSELVISE.COM (IT) 9173 (ITAT-KOLKATA)
• Duration Of Justice: 2 year(s) 12 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 07-07-2022
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: C
• Assessment Year: 2015-2016
• Appeal Filed On: 25-06-2020
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Section: 263

Judgement Text

ITA No. 390/KOL/2020 A.Y. 2015-2016 Klass Traders (P) Ltd. 1 IN THE INCOME TAX APPELLATE TRIBUNAL, KOLKATA ‘C’ BENCH, KOLKATA Before Shri Rajpal Yadav, Vice-President (KZ) & Shri Rajesh Kumar, Accountant Member I.T.A. No. 390/KOL/2020 Assessment Year: 2015-2016 Klass Traders (P) Limited,..............................................................Appellant C/o. Subash Agarwal & Associates, Advocates, Siddha Gibson, 1, Gibson Lane, Suite 213, 2 n d Floor, Kolkata-700069 [PAN: AABCK1100F] -Vs.- Principal Commissioner of Income Tax-2,.............................Respondent Aayakar Bhawan, Kolkata, P-7, Explanade, Chowringhee Square, Kolkata-700069 Appearances by: N o n e, appeared on behalf of the assessee Md. Atahar H. Choudhury, CIT, appeared on behalf of the Revenue Date of concluding the hearing : June 29, 2022 Date of pronouncing the order : July 08, 2022 O R D E R Per Rajpal Yadav, Vice-President (KZ):- This appeal filed by the assessee is directed against the order of ld. Principal Commissioner of Income Tax-2, Kolkata dated 18.06.2020 passed under section 263 of the Income Tax Act, 1961. 2. Shri Subash Agarwal, Advocate of the assessee-company has moved an application dated 28.06.2022 seeking the permission of the Bench to withdraw this appeal. Since the ld. D.R. has no objection in this regard, ITA No. 390/KOL/2020 A.Y. 2015-2016 Klass Traders (P) Ltd. 2 the permission as sought by the Advocate of the assessee-company is granted and accordingly the appeal of the assessee is dismissed as withdrawn. 3. In the result, the appeal of the assessee is dismissed. Order pronounced in the open Court on July 08, 2022. Sd/- Sd/- (Rajesh Kumar) (Rajpal Yadav) Accountant Member Vice-President (KZ) Kolkata, the 8 th day of July, 2022 Copies to : (1) Klass Traders (P) Limited, C/o. Subash Agarwal & Associates, Advocates, Siddha Gibson, 1, Gibson Lane, Suite 213, 2 n d Floor, Kolkata-700069 (2) Principal Commissioner of Income Tax-2, Aayakar Bhawan, Kolkata, P-7, Explanade, Chowringhee Square, Kolkata-700069 (3) Commissioner of Income Tax- , Kolkata, (4) The Departmental Representative (5) Guard File TRUE COPY By order Assistant Registrar, Income Tax Appellate Tribunal, Kolkata Benches, Kolkata Laha/Sr. P.S.