M/s. Extol Industries Ltd., Bhopal V. PCIT-1, Bhopal

ITA 41/Ind/2020

• Counselvise Citation: [2022] 106 COUNSELVISE.COM (IT) 2373 (ITAT-INDORE)
• Duration Of Justice: 2 year(s) 5 month(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 27-06-2022
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: DB
• Assessment Year: 2015-2016
• Appeal Filed On: 26-01-2020
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Section: 263

Judgement Text

ITA No.41/ Ind 2020 A.Y. 2015-16 Page 1 of 2 IN THE INCOME TAX APPELLATE TRIBUNAL INDORE BENCH, INDORE BEFORE MS. SUCHITRA KAMBLE, JUDICIAL MEMBER AND SHRI BHAGIRATH MAL BIYANI, ACCOUNTANT MEMBER (Conducted through Virtual Court) ITA No.41/Ind/2020 Assessment Year: 2015-16 M/s Extol Industries Limited, vs. PCIT-1, Bhopal Extol Tower, Jehangirabad, Bhopal. [PAN – AAACE 8609 C] (Appellant) (Respondent) Appellant by : Shri Pavan Ved, Advocate Respondent by : None Date of hearing : 15.06.2022 Date of pronouncement : 28.06.2022 O R D E R PER SUCHITRA KAMBLE, JUDICIAL MEMBER : This appeal is filed by the assessee against the order dated 08.11.2019 passed by the PCIT-I, Bhopal for the Assessment Year 2015-16. 2. At the time of hearing, the Ld. AR submitted that the order giving effect to Section 263 order is in favour of the assessee and hence the appeal becomes infructuous. 3. Since the assessee/Ld. AR do not want to contest the matter as the same has become infructuous, hence the appeal of the assessee is dismissed. 4. In the result, appeal of the assessee is dismissed. Order pronounced in the open Court on this 28 th day of June, 2022. Sd/- Sd/- (BHAGIRATH MAL BIYANI) (SUCHITRA KAMBLE) Accountant Member Judicial Member Indore, the 28 th day of June, 2022 ITA No.41/ Ind 2020 A.Y. 2015-16 Page 2 of 2 PBN/* Copies to: (1) The appellant (2) The respondent (3) CIT (4) CIT(A) (5) Departmental Representative (6) Guard File By order UE COPY Assistant Registrar Income Tax Appellate Tribunal Indore Bench, Indore