Elgi Ultra Industries Limited, Coimbatore V. DCIT, Coimbatore

ITA 532/CHNY/1997

• Counselvise Citation: [2010] 135 COUNSELVISE.COM (IT) 7877 (ITAT-CHENNAI)
• Duration Of Justice: 40 year(s) 10 month(s) 23 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 24-11-2010
• Appeal Filed By: Assessee
• Assessment Year: misc
• Appeal Filed On: 01-01-1970
• Court: TRIBUNAL
• Department Lawyers: B SRINIVAS
• Assessee Lawyers: T BANUSEKAR

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL BENCH C, CHENNAI BEFORE SHRI U.B.S. BEDI, J.M. & SHRI ABRAHAM P. GEO RGE, A.M. I.TA. NO.532/MDS/1997 ASSESSMENT YEAR: 1995-96 ELGI ULTRA INDUSTRIES LTD., (FORMERLY ELGI POLYTEX LTD.), ELGI HOUSE, TRICHY ROAD, COIMBATORE 641 045 PAN/GIR NO.: CV-2237/SR.I/CBE VS. THE DEPUTY COMMISSIONER OF INCOME TAX, SPECIAL RANGE (I), COIMBATORE 641 018. (APPELLANT) (RESPONDENT) ASSESSEE BY : SHRI T. BANUSEKAR REVENUE BY : SHRI B. SRINIVAS O R D E R PER U.B.S. BEDI, J.M. THROUGH A WRITTEN COMMUNICATION FILED ON 23.11.201 0, THE ASSESSEE THROUGH ITS COUNSEL SHRI T. BANUSEKAR, C.A., SUBMIT TED THAT HIS CLIENT DOES NOT WANT TO PRESS THE APPEAL PENDING IN THIS BENCH IN I .T.A. NO. 532/MDS/1997 FOR THE ASSESSMENT YEAR 1995-96 AND PLEADED THAT THE AP PEAL OF THE ASSESSEE MAY BE DISMISSED AS NOT PRESSED AND TO THIS MOVE OF THE LD. COUNSEL FOR THE ASSESSEE, THE LD. DR DID NOT OBJECT. 2. IN CONSIDERATION OF ASSESSEES COUNSELS REQUES T FOR NOT PRESSING THE APPEAL AND THERE BEING NO OBJECTION FROM REVENUE SI DE, WE DISMISS THIS APPEAL OF THE ASSESSEE AS NOT PRESSED. 3. IN THE RESULT, THE APPEAL OF THE ASSESSEE STANDS DISMISSED. ORDER PRONOUNCED SOON AFTER THE CONCLUSION OF HEAR ING ON 24.11.2010. SD/- SD/- (ABRAHAM P. GEORGE) ACCOUNTANT MEMBER (U.B.S. BEDI) JUDICIAL MEMBER CHENNAI, DATED, THE 24.11.2010. VM/- COPY TO : APPELLANT/RESPONDENT/CIT(A)- /CIT, /DR