SPECTRUM COAL AND POWER LTD, NEW DELHI V. ACIT CIR 1(3), MUMBAI

ITA 4419/MUM/2014

• Counselvise Citation: [2016] 121 COUNSELVISE.COM (IT) 3531 (ITAT-MUMBAI)
• Duration Of Justice: 2 year(s) 10 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 04-07-2016
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: E
• Assessment Year: 2002-2003
• Appeal Filed On: 24-06-2014
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: J SARAVANAN DR
• Assessee Lawyers: JITENDRA SINGH

Judgement Text

1 , INCOME-TAX APPELLATE TRIBUNAL -EBENCH MUMBAI BEFORE S/SHRI RAJENDRA,ACCOUNTANT MEMBER AND C.N. P RASAD,JUDICIAL MEMBER ./ ././ ./ ITA/4419/MUM/2014, /ASSESSMENT YEAR: 2002-03 M/S. SPECTRUM COAL AND POWER LTD. (FORMERLY M/S. ST-CLI COAL WASHERIES LTD.) 18, VASANT ENCLAVE, RAO TULA RAM MARG, NEW DELHI-110 057. PAN:AABCS 9860 J VS. ACIT, CIRCLE-1(3) ROOM NO.540/564, AAYAKAR BHAVAN 5 TH FLOOR, M.K. ROAD, MUMBAI-400 020. ( /APPELLANT ) ( / RESPONDENT) REVENUE BY: SHRI J. SARAVANAN-DR ASSESSEE BY: SHRI JITENDRA SINGH / DATE OF HEARING: 04.07.2016 / DATE OF PRONOUNCEMENT: 04.07.2016 ,1961 254(1) ORDER U/S.254(1)OF THE INCOME-TAX ACT,1961(ACT) PER RAJENDRA, AM PER RAJENDRA, AM PER RAJENDRA, AM PER RAJENDRA, AM - CHALLENGING THE ORDER OF THE CIT(A)-2,MUMBAI,DATED 24.02.2014,THE ASSESSEE HAS FILED THE ABOVE APPEAL. 2. THE ASSESSEE HAS FILED A WRITTEN APPLICATION (DATE D 04.07.2016) REQUESTING FOR PERMISSION TO WITHDRAW THE APPEAL FILED BEFORE THE TRIBUNAL. 3. THE LD. DEPARTMENTAL REPRESENTATIVE HAS NO OBJECTI ON TO THE WITHDRAWAL OF THE APPEAL BY THE ASSESSEE. IN THESE FACTS WE ALLOW THE WITHD RAWAL OF THE APPEAL FILED BY THE ASSESSEE BEFORE THE TRIBUNAL AND ACCORDINGLY THE APPEAL OF T HE ASSESSEE IS DISMISSED AS WITHDRAWN. IN THE RESULT, THE APPEAL OF THE ASSESSEE IS DISMIS SED. ! . ORDER PRONOUNCED IN T HE OPEN COURT ON 4 TH JULY,2016. '#$ %&'()#*+, 4 TH , 2016 & - SD/- SD/- ( . . . / C.N. PRASAD ) ( #*/ / RAJENDRA ) * .0 / JUDICIAL MEMBER / ACCOUNTANT MEMBER MUMBAI; DATED : 04.07.2016. JV.SR.PS. 4419/MUM/2014(02-03) 2 / COPY OF THE ORDER FORWARDED TO : 1. APPELLANT / 2. RESPONDENT / 3. THE CONCERNED CIT(A)/ , 4. THE CONCERNED CIT / 5. DR K BENCH, ITAT, MUMBAI / , , . . . 6. GUARD FILE/ ! //TRUE COPY// / BY ORDER, / DY./ASST. REGISTRAR , /ITAT, MUMBAI.