Panache Dealtrade Private Limited , Kolkata V. ITO, Ward - 11(4), Kolkata , Kolkata

ITA 434/KOL/2018

AI Insights

The case involves Panache Dealtrade Pvt. Limited, the appellant, who filed an appeal against the order of the Commissioner of Income Tax (Appeals)-4, Kolkata, for the Assessment Year 2012-2013. The appeal was heard by the Income Tax Appellate Tribunal, \'C\' Bench, Kolkata. However, before the Tribunal could make a substantive decision on the appeal, the assessee's advocate submitted an application to withdraw the appeal. The Departmental Representative did not object to this withdrawal. Consequently, the Tribunal granted the permission to withdraw the appeal and dismissed it accordingly.

• Counselvise Citation: [2023] 140 COUNSELVISE.COM (IT) 129092 (ITAT-KOLKATA)
• Duration Of Justice: 4 year(s) 9 month(s) 30 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 12-01-2023
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: C
• Next Hearing Date: 11-01-2023
• Assessment Year: 2012-2013
• Appeal Filed On: 13-03-2018
• Result in Favour of: Revenue
• Court: TRIBUNAL

Judgement Text

ITA No. 434/KOL/2018 Assessment Year: 2012-2013 Panache Dealtrade Pvt. Limited 1 IN THE INCOME TAX APPELLATE TRIBUNAL, ‘C’ BENCH, KOLKATA Before Shri Rajpal Yadav, Vice-President (KZ) & Shri Girish Agrawal, Accountant Member I.T.A. No. 434/KOL/2018 Assessment Year: 2012-2013 Panache Dealtrade Pvt. Limited,...............Appellant Rup Chand Roy Street, 1 st Floor, Kolkata-700007 [PAN: AAGCP0699B] -Vs.- Income Tax Officer,.................................Respondent Ward-11(4), Kolkata, Aayakar Bhawan, P-7, Chowringhee Square, Kolkata-700069 Appearances by: Smt. Puja Somani, CA, appeared on behalf of the assessee Shri G. Hukugha Sema, CIT, appeared on behalf of the Revenue Date of concluding the hearing : January 12, 2023 Date of pronouncing the order : January 13, 2023 O R D E R Per Rajpal Yadav, Vice-President (KZ):- The assessee is in appeal before the Tribunal against the order of ld. Commissioner of Income Tax (Appeals)-4, Kolkata dated 08.01.2018 passed for A.Y. 2012-13. 2. Shri S.K. Tulsiyan, ld. Advocate of the assessee- Company has moved an application dated 11.01.2023 seeking the permission of the Bench to withdraw this ITA No. 434/KOL/2018 Assessment Year: 2012-2013 Panache Dealtrade Pvt. Limited 2 appeal. Since the ld. D.R. has no objection in this regard, the permission as sought by Shri S.K. Tulsiyan, ld. Advocate of the assessee-Company is granted and accordingly the appeal of the assessee is dismissed as withdrawn. 3. In the result, the appeal of the assessee is dismissed. Order pronounced in the open Court on 13 t h January, 2023. Sd/- Sd/- (Girish Agrawal) (Rajpal Yadav) Accountant Member Vice-President (KZ) Kolkata, the 13 th day of January, 2023 Copies to : (1) Panache Dealtrade Pvt. Limited, Rup Chand Roy Street, 1 st Floor, Kolkata-700007 (2) Income Tax Officer, Ward-11(4), Kolkata, Aayakar Bhawan, P-7, Chowringhee Square, Kolkata-700069 (3) Commissioner of Income Tax (Appeals)-4, Kolkata; (4) Commissioner of Income Tax- ; (5) The Departmental Representative (6) Guard File TRUE COPY By order Assistant Registrar, Income Tax Appellate Tribunal, Kolkata Benches, Kolkata Laha/Sr. P.S.