M/S VIDESH COAL SERVICES PVT LTD , NAGPUR V. INCOME TAX OFFICER WARD -1(5), NAGPUR

ITA 50/NAG/2018

• Counselvise Citation: [2022] 105 COUNSELVISE.COM (IT) 8848 (ITAT-NAGPUR)
• Duration Of Justice: 3 year(s) 11 month(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 14-02-2022
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: DB
• Assessment Year: 2013-2014
• Appeal Filed On: 14-03-2018
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Keywords: Revision of order
• Section: 263

Judgement Text

आयकर अपीलȣय अͬधकरण Ûयायपीठ,नागप ु र म Ʌ । IN THE INCOME TAX APPELLATE TRIBUNAL BENCH, NAGPUR (Through Virtual Hearing at Raipur) BEFORE SHRI RAVISH SOOD, JUDICIAL MEMBER AND SHRI JAMLAPPA D BATTULL, ACCOUNTANT MEMBER आयकर अपील सं. / ITA No. 50/NAG/2018 Ǔनधा[रण वष[ / Assessment Year : 2013-14 M/s. Videsh Coal Services Pvt. Ltd. 90, Vidyodayam, 4 Lane, Baji Prabhu Nagar, Nagpur-440 033 PAN : AADCV0078R .......अपीलाथȸ / Appellant बनाम / V/s. The Income Tax Officer, Ward-1(5), Nagpur. ......Ĥ×यथȸ / Respondent Assessee by : Shri Sanjay C. Thakar, Advocate Revenue by : Shri Pradeep Headoo, CIT-DR स ु नवाई कȧ तारȣख / Date of Hearing :15.02.2022 घोषणा कȧ तारȣख / Date of Pronouncement :15.02.2022 2 ITA No. 50/NAG/2018 A.Y.2013-14 आदेश / ORDER PER RAVISH SOOD, JM: The present appeal filed by the assessee is directed against the order passed by the Pr. CIT,Nagpur-1, dated 11.01.2018 passed u/s 263 of the Income-tax Act, 1961 ( for short ‘the Act’), which in turn arises from the order passed by the A.O u/s.143(3) of the Act dated 30.01.2016 for assessment year 2013-14. 2. At the very outset of hearing of the appeal, it was submitted by the Ld. Authorized Representative (for short ‘AR’) for the assessee that as per instructions he seeks to withdraw the present appeal. Elaborating on the reasons of leading to withdrawal of the aforementioned appeal, it was submitted by the Ld. AR that as substantial relief has been allowed to the assessee in the course of assessment framed by the Assessing Officer u/s.143(3) r.w.s. 263 of the Act, therefore, for the said reason, the assessee seeks permission of the Tribunal to withdraw the present appeal that was filed against the order passed by the Pr. CIT u/s 263 of the Act. 3. Per contra, the Ld. Departmental Representative (for short ‘DR’) did not raise any objection for seeking withdrawal of the present appeal by the assessee. 3 ITA No. 50/NAG/2018 A.Y.2013-14 4. In the backdrop of the aforesaid concession of the Ld. AR, we, herein, permit the assessee to withdraw the captioned appeal. 5. In the result, appeal of the assessee is dismissed as withdrawn. Order pronounced on 15 th day of February, 2022. Sd/- Sd/- JAMLAPPA D. BATTULL RAVISH SOOD ACCOUNTANT MEMBER JUDICIAL MEMBER रायप ु र/ RAIPUR ; Ǒदनांक / Dated : 15 th February, 2022 **SB आदेश कȧ ĤǓतͧलͪप अĒेͪषत / Copy of the Order forwarded to : 1. अपीलाथȸ / The Appellant. 2. Ĥ×यथȸ / The Respondent. 3. The Pr. CIT, Nagpur-1. 4. ͪवभागीय ĤǓतǓनͬध, आयकर अपीलȣय अͬधकरण, नागप ु र/ DR, ITAT, Nagpur. 5. गाड[ फ़ाइल / Guard File. आदेशान ु सार / BY ORDER, // True Copy // Ǔनजी सͬचव / Private Secretary आयकर अपीलȣय अͬधकरण, रायप ु र / ITAT, Raipur. 4 ITA No. 50/NAG/2018 A.Y.2013-14 Date 1 Draft dictated on 15.02.2022 Sr.PS/PS 2 Draft placed before author 16.02.2022 Sr.PS/PS 3 Draft proposed and placed before the second Member JM/AM 4 Draft discussed/approved by second Member AM/JM 5 Approved draft comes to the Sr. PS/PS Sr.PS/PS 6 Kept for pronouncement on Sr.PS/PS 7 Date of uploading of order Sr.PS/PS 8 File sent to Bench Clerk Sr.PS/PS 9 Date on which the file goes to the Head Clerk 10 Date on which file goes to the A.R 11 Date of dispatch of order