M/S.AVM MARIMUTHU NADAR & SONS PRIVATE LIMITED, TUTICORIN V. ACIT,CIRCLE-1, TIRUNELVELI

ITA 426/CHNY/2022

AI Insights

In the case of M/s. AVM Marimuthunadar & Sons Pvt. Ltd. vs. ACIT, Circle-1, Tirunelveli, the appellant, a private limited company, sought to withdraw their appeal before the Income Tax Appellate Tribunal, Chennai. The appeal was initially filed against an assessment order for the year 2017-18. However, following a consequential order passed under section 263 of the Income Tax Act, the appellant decided not to pursue the matter further. The Tribunal acknowledged the withdrawal request and dismissed the appeal accordingly.

• Counselvise Citation: [2023] 140 COUNSELVISE.COM (IT) 133819 (ITAT-CHENNAI)
• Duration Of Justice: 10 month(s) 25 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 19-04-2023
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: A
• Next Hearing Date: 19-04-2023
• Assessment Year: 2017-2018
• Appeal Filed On: 25-05-2022
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Section: 263

Judgement Text

आयकर अपीलीय अिधकरण ‘ए’ ायपीठ चे ई म । IN THE INCOME TAX APPELLATE TRIBUNAL ‘A’ BENCH, CHENNAI माननीय +ी महावीर िसंह, उपा12 एवं माननीय +ी मनोज कु मार अ6वाल ,लेखा सद9 के सम2। BEFORE HON’BLE SHRI MAHAVIR SINGH, VICE PRESIDENT AND HON’BLE SHRI MANOJ KUMAR AGGARWAL, AM आयकर अपील सं./ ITA No.426/Chny/2022 (िनधाBरण वषB / Assessment Year: 2017-18) M/s. AVM Marimuthunadar & Sons Pvt. Ltd. 182, North Cotton Road, Tuticorin – 628 001. बनाम/ V s. ACIT, Circle-1, Tirunelveli. थायी लेखा सं./जीआइ आर सं./P AN /GI R No . AAF C A-2 2 6 7 -F (अपीलाथ /Appellant) : ( थ / Respondent) अपीलाथ की ओरसे/ Appellant by : Shri D. Anand (Advocate) – Ld. AR थ की ओरसे/Respondent by : Shri R. Mohan Reddy (CIT) –Ld. DR सुनवाई की तारीख/Date of Hearing : 20-04-2023 घोषणा की तारीख /Date of Pronouncement : 20-04-2023 आदेश / O R D E R Manoj Kumar Aggarwal (Accountant Member) 1. The assessee’s representative, vide letter dated 20-04-2023, seeks withdrawal of the captioned appeal on the ground that the consequential order has been passed pursuant to order u/s. 263 and the assessee is not interested in pursuing the appeal before the Tribunal. The Ld. CIT-DR did not raise any objection against the same. Considering the same, the appeal stands dismissed as withdrawn. ITA No.426 /Chny/2022 - 2 - 2. The appeal stand dismissed as withdrawn. Order pronounced in the open Court on 20 th April, 2023. Sd/- (MAHAVIR SINGH) उपा12 /VICE PRESIDENT Sd/- (MANOJ KUMAR AGGARWAL) लेखा सद9 / ACCOUNTANT MEMBER चे*ई / Chennai; िदनांक / Dated : 20-04-2023 EDN/- आदेश की Vितिलिप अ 6ेिषत/Copy of the Order forwarded to : 1. अपीलाथ /Appellant 2. यथ /Respondent 3. आयकर आयु / CIT 4. िवभागीय ितिनिध/DR 5. गाड फाईल/GF