Anantha Sai Realtors, Hyd, Hyderabad V. ITO, Ward - 9(4), Hyderabad, Hyderabad

ITA 397/HYD/2015

• Counselvise Citation: [2016] 132 COUNSELVISE.COM (IT) 6530 (ITAT-HYDERABAD)
• Duration Of Justice: 1 year(s) 1 month(s) 29 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 08-06-2016
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: B
• Next Hearing Date: 08-06-2016
• Assessment Year: 2008-2009
• Appeal Filed On: 09-04-2015
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: M SITARAM

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL HYDERABAD BENCH A, HYDERABAD BEFORE SHRI D.MANMOHAN, VICE PRESIDENT ITA NO.397/HYD/2015 : ASSESSMENT YEARS 2008-0 9 M/S. ANANTHA SAI REALTORS, HYDERABAD (PAN AANFA 1691 G) V/S INCOME TAX OFFICER WARD 9(4), HYDERABAD (APPELLANT) (RESPONDENT) APPELLANT BY : SHRI MOHD. AFZAL RESPONDENT BY : SHRI M.SITARAM DR DATE OF HEARING 8 . 6 .201 6 DATE OF PRONOUNCEMENT 8.6.2016 O R D E R THIS APPEAL IS FILED AT THE INSTANCE OF THE ASSES SEE FIRM AND IT PERTAINS TO ASSESSMENT YEAR 2008-09. ORDER PASS ED BY THE REVISIONAL AUTHORITY, I.E. PR. COMMISSIONER OF INCO ME-TAX, WAS CHALLENGED BEFORE US ON THE GROUND THAT THE REVISIO N IS AGAINST WEIGHT OF EVIDENCE AND PROBABILITIES OF THE CASE. AT THE TIME OF HEARING, LEARNED COUNSEL APPEARING FOR THE ASSESSEE FILED DE TAILED WRITTEN SUBMISSIONS, WHEREIN IT WAS STATED THAT WHILE PASSI NG CONSEQUENTIAL ORDERS GIVING EFFECT TO THE ORDER OF THE REVISIONAL AUTHORITY, THE ASSESSING OFFICER HAVING ALLOWED THE CLAIM OF EXPEN DITURE FOR DEVELOPMENT, THE ASSESSEE IS NOT INTERESTED IN PURS UING THE APPEAL. THE LEARNED COUNSEL ACCORDINGLY PRAYED FOR PERMISSI ON TO WITHDRAW THE APPEAL. THE LEARNED DEPARTMENTAL REPRESENTATIVE HA S NO OBJECTION IN ITA NO.397/HYD/2014 M/S. ANANTHA SAI REALTORS, HYDERABAD 2 THIS REGARD. IN THE CIRCUMSTANCES APPEAL FILED BY THE ASSESSEE FIRM IS DISMISSED AS WITHDRAWN. PRONOUNCED ACCORDINGLY IN THE COURT AT THE CONCLU SION OF HEARING ON 8 TH JUNE, 2016 SD/- (D.MANMOHAN) VICE PRESIDENT DT/- 8 TH JUNE, 2016 COPY FORWARDED TO: 1. M/S. ANANTHA SAI REALTORS C/O. MOHD. AFZAL, ADVOCATE, 121-5-475 SHERSON'S RESIDENCY, FLAT NO.402, CRIMINA L COURT ROAD, RED HILLS, HYDERABAD 500 004. 2. INCOME TAX OFFICER WARD 9(4), HYDERABAD 3. PR. COMMISSIONER OF INCOME - TAX 7, HYDERABAD 4 . DEPARTMENTAL REPRESENTATIVE ITAT, HYDERABAD B.V.S.