Dy.CIT,Satara, Satara V. Prathamik Shikshak Sahakari Bank Ltd., Satara

ITA 471/PUN/2012

• Counselvise Citation: 47124514 RSA 2012
• Duration Of Justice: 1 year(s) 1 month(s) 17 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 25-04-2013
• Appeal Filed By: Department
• Order Result: Dismissed
• Bench Allotted: A
• Next Hearing Date: 09-12-2013
• Assessment Year: 2005-2006
• Appeal Filed On: 09-03-2012
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Department Lawyers: ANN KAPTHUAMA

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL PUNE BENCH A, PUNE BEFORE SHRI SHAILENDRA KUMAR YADAV, JUDICIAL MEMBER , AND SHRI R.K.PANDA, ACCOUNTANT MEMBER. ITA.NO.471/PN/2012 (ASSTT. YEAR : 2005-06) DCIT, SATARA CIRCLE, SATARA .. APPELLANT VS. PRATHAMIK SHIKSHAK SAHAKARI BANK LTD., 12B, RAVIWAR PETH, POWAI NAKA, SATARA. .. RESPONDENT ASSESSEE BY : SHRI M.K.KULKARNI DEPARTMENT BY : MS.ANN KAPTHUAMA DATE OF HEARING : 18.04.2013 DATE OF PRONOUNCEMENT : 25.04.2013 ORDER PER SHAILENDRA KUMAR YADAV, JM : THIS APPEAL IS ARISING OUT OF THE SET ASIDE PROCEE DINGS U/S.143(3) R.W.S. 263 OF THE ACT. THE CIT(A) HAS A LLOWED THE APPEAL OF THE ASSESSEE ON THE GROUND THAT PROCEEDINGS U/S. 263 HAVE BEEN QUASHED BY THE ITAT. ACCORDINGLY, CONSEQUENTIAL SE T ASIDE PROCEEDINGS U/S.143(3) R.W.S. 263 GOES INFRUCTUOUS. THIS REASONED FINDING OF THE CIT(A) NEEDS NO INTERFERENCE FROM OU R SIDE. WE UPHOLD THE SAME. 2. IN THE RESULT, THE APPEAL FILED BY THE REVENUE I S DISMISSED. PRONOUNCED IN THE OPEN COURT ON THIS THE 25 TH DAY OF APRIL, 2013. SD/- SD/- ( R.K.PANDA ) ( SHAILENDRA KUMAR YAD AV ) ACCOUNTANT MEMBER JUDICIAL MEMBER GSPS PUNE, DATED THE 25 TH APRIL, 2013 2 COPY OF THE ORDER IS FORWARDED TO: 1. THE ASSESSEE 2. THE DCIT, SATARA CIRCLE, SATARA-. 3. THE CIT(A)-III, PUNE. 4. THE CIT-III, PUNE. 5. THE DR A BENCH, PUNE. 6. GUARD FILE. BY ORDER //TRUE COPY// PRIVATE SECRETARY, INCOME TAX APPELLATE TRIBUNAL, PUNE.