M/s. Gujarat Panel Board Pvt.Ltd., Baroda V. The Pr. CIT-1, Vadodara

ITA 402/AHD/2020

AI Insights

The case involved an appeal by M/s. Gujarat Panel Board P. Ltd. against an order passed by the Pr.Commissioner of Income Tax-1, Vadodara under section 263 of the Income Tax Act, 1961 for the Assessment Year 2015-16. The appeal was filed challenging the order dated 22.4.2020. However, before the hearing, the assessee submitted an application seeking to withdraw the appeal, indicating that their grievances had been resolved and no further additions were made to their tax assessment. Consequently, the Tribunal dismissed the appeal as withdrawn based on the assessee's request.

• Counselvise Citation: [2023] 140 COUNSELVISE.COM (IT) 133518 (ITAT-AHMEDABAD)
• Duration Of Justice: 2 year(s) 6 month(s) 2 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 10-01-2023
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: B
• Next Hearing Date: 27-12-2022
• Assessment Year: 2015-2016
• Appeal Filed On: 08-07-2020
• Laws Referred To: Income Tax Act, 1961
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Section: 263

Judgement Text

आयकर अपीलीय अिधकरण आयकर अपीलीय अिधकरणआयकर अपीलीय अिधकरण आयकर अपीलीय अिधकरण, अहमदाबाद 瀈यायपीठ अहमदाबाद 瀈यायपीठअहमदाबाद 瀈यायपीठ अहमदाबाद 瀈यायपीठ ‘B’ अहमदाबाद। अहमदाबाद।अहमदाबाद। अहमदाबाद। IN THE INCOME TAX APPELLATE TRIBUNAL “B” BENCH, AHMEDABAD BEFORE SMT.ANNAPURNA GUPTA, ACCOUNTANT MEMBER AND SHRI SIDDHARTHA NAUTIYAL, JUDICIAL MEMBER ITA No.402/Ahd/2020 Assessment Year : 2015-16 M/s.Gujarat Panel Board P. Ltd. Monarch S. Prasad (Directo) 22, Krupali Society Manjalpur Vadodara. PAN : AAACG 7768 A Vs. Pr.CIT-1 Vadodara. (Applicant) (Responent) Assessee by : Withdrawal Application Revenue by : Shri Sudhendu Das, CIT-DR स ु नवाई क तार ख/D a t e o f H e a r i n g : 2 8 / 1 2 / 2 0 2 2 घोषणा क तार ख /D a t e o f P r o n o u n c e m e n t : 1 1 / 0 1 / 2 0 2 3 आदेश/O R D E R PER ANNAPURNA GUPTA, ACCOUNTANT MEMBER Present appeal has been filed by the assessee against order passed by the ld.Pr.Commissioner of Income Tax-1, Vadodara [hereinafter referred to as “the ld.Pr.CIT”] dated 22.4.2020 passed under section 263 of the Income Tax Act, 1961 [hereinafter referred to as "the Act" for short] for the Asst.Year 2015-16. 2. At the time of hearing none appeared on behalf of the assessee. However, the assessee has filed an application dated 8.12.2022 seeking withdrawal of the appeal filed before the Tribunal in view of ITA No.402/Ahd/2020 2 grievance of the assessee being addressed and no addition has been made. The contents of the letter read as under: 3. In view of the request of the assessee in writing for withdrawal of its appeal, we allow the application and dismiss appeal of the assessee as being withdrawn. 4. In the result, the appeal of the assessee is dismissed as withdrawn. Order pronounced in the Court on 11 th January, 2023 at Ahmedabad. Sd/- Sd/- (SIDDHARTHA NAUTIYAL) JUDICIAL MEMBER (ANNAPURNA GUPTA) ACCOUNTANT MEMBER Ahmedabad, dated 11/01/2023 vk*