Crescent EPC Projects and Technical Services Ltd., Secunderabad V. DCIT, Circle- 10(2), New Delhi

ITA 4406/DEL/2018

• Counselvise Citation: [2019] 112 COUNSELVISE.COM (IT) 1218 (ITAT-DELHI)
• Duration Of Justice: 1 year(s) 5 month(s) 28 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 06-12-2019
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: B
• Assessment Year: 2013-2014
• Appeal Filed On: 08-06-2018
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: SUBHAKANT SAHU
• Section: 143(3); 263

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL DELHI BENCH FRIDAY NEW DLEHI BEFORE SHRI G.S. PANNU, VICE PRESIDENT AND SHRI K. NARASIMHA CHARY, JUDICIAL MEMBER ITA.NO4406/DEL/2018 ASSESSMENT YEAR: 2013-14 CRESCENT EPC PROJECTS AND TECHNICAL VS. DCIT, CIR CLE 10(2), SERVICES LTD. (EARLIER KNOWN AS GVK NEW DELHI. PROJECTS & TECHNICAL SERVICES LTD.), 156-159, PAIGAH HOUSE, SARDAR PATEL ROAD, SECUNDERABAD (TELANGANA)-500003 PAN AAACU 9200F (APPELLANT) (RESPONDENT) APPELLANT BY: NONE RESPONDENT BY: SHRI SUBHA KANT SAHU, SR. DR. DATE OF HEARING:6/12/2019 DATE OF ORDER :6/12/2019 ORDER PER K. NARASIMHA CHARY, J.M. CHALLENGING THE ORDERS DATED 28/02/2018 PASSED BY T HE LEARNED PRINCIPAL COMMISSIONER OF INCOME TAX-04, NEW DELHI UNDER SECTION 263 OF THE INCOME TAX ACT, 1961 (FOR SHORT THE ACT) F OR ASSESSMENT YEAR 2013-14, M/S GVK PROJECTS AND TECHNICAL SERVICES LT D (THE ASSESSEE) FILED THIS APPEAL. 2 2. AT THE OUTSET, THE ASSESSEE EXPRESSED THE DESIRE TO WITHDRAW THIS APPEAL STATING THAT PURSUANT TO THE ORDER PASSED UN DER SECTION 263 OF THE ACT,LEARNED ASSESSING OFFICER PASSED AN ORDER UNDER SECTION 143(3) OF THE ACT GIVING EFFECT TO THE SAME BUT WHEN THE ASSESSEE PREFERRED AN APPEAL AGAINST SUCH AN ORDER, THE LEARNED COMMISSIONER OF INCOME TAX (APPEALS)-4, VIDE ORDER DATED 27/8/2019 ALLOWED THE APPEAL GRANTING RELIEF TO THE ASSESSEE. ASSESSEE, THEREFORE, SOUGHT PERMISSION TO WITHDRAW THIS APPEAL. LD. DR REPORTS NO OBJECTION. RECORDING THE SAME, PERMISSION TO WITHDRAW IS GRANTED AND CONSEQUENTLY THE APPEAL IS DISMISSED AS WITHDRAWN. 3. PRONOUNCED IN OPEN COURT ON 6 TH DECEMBER, 2019. SD/- SD/- (G.S. PANNU) (K. NARASIMHA CHARY) VICE PRESIDENT JUDICIAL MEMBER DATED: 06/12/2019 AKS COPY FORWARDED TO: 1. APPELLANT 2. RESPONDENT 3. CIT 4. CIT(APPEALS) 5. DR: ITAT ASSISTANT REGISTRAR ITAT NEW DELHI