M/s RMI Cycles Pvt. Ltd., Rajpura V. Commssioner of Income Tax, Patiala

ITA 458/CHANDI/2015

• Counselvise Citation: [2016] 133 COUNSELVISE.COM (IT) 0112 (ITAT-CHANDIGARH)
• Duration Of Justice: 11 month(s) 14 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 12-04-2016
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: A
• Next Hearing Date: 11-04-2016
• Assessment Year: 2010-2011
• Appeal Filed On: 28-04-2015
• Result in Favour of: Revenue
• Court: TRIBUNAL

Judgement Text

1 IN THE INCOME TAX APPELLATE TRIBUNAL CHANDIGARH BENCHES, CHANDIGARH BEFORE SHRI SANJAY GARG, JUDICIAL MEMBER & MS. RANO JAIN, ACCOUNTANT MEMBER ITA NO. 458/CHD/2015 ASSESSMENT YEAR: 2010-11 M/S RMI CYCLES PVT. LTD., VS. THE CIT, RAJPURA PATIALA PAN NO. AAACR8288G (APPELLANT) (RESPONDENT) APPELLANT BY : SH. PARIKSHIT AGGARWAL RESPONDENT BY : SH. MANOJ MISHRA DATE OF HEARING : 11.04.2016 DATE OF PRONOUNCEMENT : 11.04.2016 ORDER PER SANJAY GARG, JM THIS APPEAL FILED BY THE ASSESSEE IS DIRECTED AGAIN ST THE ORDER OF CIT, PATIALA DATED 27.3.2015 PASSED U/S 263(1) OF THE INCOME-TAX ACT, 1961 FOR ASSESSMENT YEAR 2010-11. 2. IN THE CONTEXT OF ABOVE APPEAL, THE LD. COUNSEL FOR THE ASSESSEE HAS SUBMITTED AN APPLICATION ON 11.4.2016 ITSELF STATIN G THAT HE DOES NOT WANT TO PURSUE THIS APPEAL AND INTENDS TO WITHDRAW THE SAME . THE LD. DR HAS NO OBJECTION FOR THE SAID WITHDRAWAL. 2 3. IN VIEW OF THE ABOVE LETTER, WE GRANT PERMISSIO N TO THE ASSESSEE TO WITHDRAW THE APPEAL. CONSEQUENTLY, WE DISMISS THE APPEAL AS WITHDRAWN. 4. IN THE RESULT, THE APPEAL OF THE ASSESSEE IS DIS MISSED. ORDER PRONOUNCED IN THE OPEN COURT ON 11.04.2016. SD/- SD/- (RANO JAIN) (SANJAY GARG) ACCOUNTANT MEMBER JUDICIAL MEMBER DATED : 11 TH APRIL, 2016 RKK COPY TO: 1. THE APPELLANT 2. THE RESPONDENT 3. THE CIT 4. THE CIT(A) 5. THE DR