Shri Sunil Dutt, New Delhi V. DCIT, Panipat

ITA 4095/DEL/2011

• Counselvise Citation: [2014] 140 COUNSELVISE.COM (IT) 81864 (ITAT-DELHI)
• Duration Of Justice: 3 year(s) 1 month(s) 14 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 22-10-2014
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: G
• Assessment Year: 2007-2008
• Appeal Filed On: 08-09-2011
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: B R KUMAR
• Assessee Lawyers: N O N E

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL DELHI BENCH: G: NEW DELHI BEFORE SHRI GEORGE GEORGE K, JUDICIAL MEMBER AND SHRI B.C. MEENA, ACCOUNT ANT MEMBER ITA NO. 4095/DEL/2011 ASSESSMENT YEAR 2007-08 SUNIL DUTT VS. D CIT, C/O. O.P. SAPRA & ASSOCIATES, PANIPAT CIRCLE C-763, NEW FRIENDS COLONY PANIPAT NEW DELHI 110 025. PAN ABJPD8568Q (APPELLANT) (RESPONDEN T) APPELLANT BY : N ONE RESPONDENT BY : SHRI B.R. KUMAR, SR. DR ORDER PER GEORGE GEORGE K, JUDICIAL MEMBER THIS APPEAL AT THE INSTANCE OF THE ASSESS EE IS DIRECTED AGAINST CIT(A) ORDER DATED 29.6.2011. THE RELEVANT ASSESSMENT YEAR IS 2007-08. 2. THE SOLITARY ISSUE I.E. RAISED IN THIS APPE AL IS WHETHER THE CIT(A) IS JUSTIFIED IN CONFIRMING THE AOS ACTION IN DISALLOWING INTERE ST EXPENSE AMOUNTING TO RS. 33,50,817/-? 3. WHEN THE APPEAL WAS TAKEN UP FOR HEARING ASS ESSEE HAD REQUESTED FOR WITHDRAWING THIS APPEAL VIDE HIS LETTER DATED 22.10.2014 WHICH IS PLACED ON ITA NO. 4095/DEL/11 2 RECORD. THE LD. DR HAD NO OBJECTION IN ASSESSEES WITHDRAWING THIS CASE. 4. IN THE RESULT THE APPEAL FILED BY THE ASSE SSEE IS DISMISSED AS WITHDRAWAL. THE ORDER IS PRONOUNCED IN THE OPEN COURT ON 22 ND OCTOBER, 2014. SD/- SD/- (B.C. MEENA) ( GEORGE GEORGE K) ACCOUNTANT MEMBER JUDICIAL MEMBER DATE 22 ND OCTOBER, 2014 *VEENA COPY OF ORDER FORWARDED TO: 1. APPELLANT 2. RESPONDENT 3. CIT(A) 4. CIT 5. DR BY ORDER ASSTT. REGISTRAR, ITAT