M/s Abhishek Industries Ltd., Ludhiana V. DCIT, Ludhiana

ITA 505/CHANDI/2017

• Counselvise Citation: [2018] 126 COUNSELVISE.COM (IT) 5384 (ITAT-CHANDIGARH)
• Duration Of Justice: 9 month(s) 13 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 03-01-2018
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: Not Allotted
• Assessment Year: 2006-2007
• Appeal Filed On: 20-03-2017
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: KIRAN DESH

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL DIVISION BENCH, CHANDIGARH BEFORE SHRI SANJAY GARG, JUDICIAL MEMBER AND DR. B.R.R. KUMAR, ACCOUNTANT MEMBER ITA NO. 505/CHD/2017 ASSESSMENT YEAR : 2006-07 M/S ABHISHEK INDUSTRIES LTD., VS. THE DCIT, (NOW TRIDENT LIMITED), CIRCLE-1, LUDHIANA E-212, KITCHLU NAGAR, LUDHIANA \ PAN NO. AABCA4139J (APPELLANT) (RESPONDENT) APPELLANT BY : SHRI ASHWANI KUMAR RESPONDENT BY : SH. KIRAN DESH PANDE DATE OF HEARING : 03.01.2018 DATE OF PRONOUNCEMENT : 03.01.2018 ORDER PER SANJAY GARG, JUDICIAL MEMBER: THE PRESENT APPEAL HAS BEEN PREFERRED BY THE ASSESS EE AGAINST THE ORDER DATED 23.01.2017 OF THE COMMISSIONER OF I NCOME TAX (APPEALS)-1 [HEREINAFTER REFERRED TO AS CIT(A)], LU DHIANA. 2. IN THE CONTEXT OF ABOVE APPEAL, THE LD. COUNSEL FOR THE ASSESSEE HAS SUBMITTED ON TODAY I.E. 03.01.2018 THAT HE DOES NOT WANT TO PURSUE THE APPEAL AND INTENDS TO WITHDRAW THE SAME. HE HAS GIVEN HIS REMARKS ON THE MEMO OF GROUNDS OF APPEAL TO THIS EF FECT AS I MAY 2 KINDLY BE ALLOWED TO WITHDRAW THE APPEAL . THE LD. DR HAS NO OBJECTION FOR THE SAID WITHDRAWAL. 3. IN VIEW OF THE ABOVE, WE GRANT PERMISSION TO TH E ASSESSEE TO WITHDRAW THE APPEAL. CONSEQUENTLY, THE APPEAL OF T HE ASSESSEE IS HEREBY DISMISSED AS WITHDRAWN ORDER PRONOUNCED IN THE OPEN COURT. SD/- SD/- (B.R.R.KUMAR) (SANJAY GARG) ACCOUNTANT MEMBER JUDICIAL MEMBER DATED : 03.01.2018 RKK COPY TO: THE APPELLANT THE RESPONDENT THE CIT THE CIT(A) THE DR