The ITO, Ernakulam V. Metro Stocks & Shares P. Ltd, Cochin

ITA 521/COCH/2008

• Counselvise Citation: [2022] 106 COUNSELVISE.COM (IT) 1394 (ITAT-COCHIN)
• Duration Of Justice: 14 year(s) 2 month(s) 30 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 29-06-2022
• Appeal Filed By: Department
• Order Result: Dismissed
• Bench Allotted: DB
• Assessment Year: 1992-1993
• Appeal Filed On: 30-03-2008
• Result in Favour of: Assessee
• Court: TRIBUNAL

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL COCHIN BENCH, COCHIN Before Shri George George K, JM & Shri Laxmi Prasad Sahu, AM ITA No.521/Coch/2008 : Asst.Year 1992-1993 The Income Tax Officer Ward 1(1) Ernakulam. v. M/s.Metro Stocks and Shares Private Limited C/o.R Krishna Iyer & Co Chartered Accountants 134, Jyothi, Panampilly Nagar Cochin – 682 036. PAN : AAECM7463J (Appellant) (Respondent) Appellant by : Smt.J.M.Jamunna Devi, Sr.DR Respondent by : Smt.Parvathy Ammal, CA Date of Hearing : 30.06.2022 Date of Pronouncement : 30.06.2022 O R D E R Per George George K, JM : This appeal at the instance of the Revenue is directed against CIT(A)’s order dated 09.01.2008. The relevant assessment year is 1992-1993. 2. At the time of hearing before us, the learned Departmental Representative requested for withdrawal of the appeal filed by the Revenue, vide letter dated 29.06.2022 by the ITO (Tech) for Pr.CIT, Kochi-1. In view of the above request of the learned DR, we dismiss the appeal filed by the Revenue as withdrawn. 3. In the result, the appeal filed by the Revenue is dismissed as withdrawn. Order pronounced on this 30 th day of June, 2022. Sd/- (Laxmi Prasad Sahu) Sd/- (George George K) ACCOUNTANT MEMBER JUDICIAL MEMBER Kochi ; Dated : 30 th June, 2022. Devadas G* ITA No.521/Coch/2008. M/s.Metro Stocks and Shares Pvt. Ltd. 2 Copy to : 1. The Appellant. 2. The Respondent. 3. The CIT(A)-I, Calicut. 4. The CIT, Cochin. 5. The DR, ITAT, Cochin. 6. Guard File. Asst.Registrar/ITAT, Cochin