M/s. GNA Transmission P.Ltd., Jalandhar V. Deputy Commissioner of Income tax, Jalandhar

ITA 538/ASR/2009

• Counselvise Citation: 53820914 RSA 2009
• Duration Of Justice: 1 year(s) 11 month(s) 15 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 08-12-2011
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: DB
• Next Hearing Date: 08-12-2011
• Assessment Year: 2005-2006
• Appeal Filed On: 23-12-2009
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Assessee Lawyers: SSH PREM SINGHADV; GUNJEET SY AL ITP

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL AMRITSAR BENCH; AMRITSAR. BEFORE SH. H.L. KARWA, HONBLE VICE PRESIDENT AND SH. D.K. SRIVASTAVA, ACCOUNTANT MEMBER I.T.A. NO538(ASR)/2009 M/S. G.N.A. TRANSMISSION P. LTD. VS. D.C.I.T. JALANDHAR. RANGE-III, JALANDHAR. PAN:AAACG4933H (APPELLANT) (RESPONDENT) APPELLANT BY: S/SH. PREM SINGH,ADV. & GUNJEET SY AL, ITP RESPONDENT BY: SH. TARSEM LAL, DR DATE OF HEARING :08/12/2011 DATE OF PRONOUNCEMENT: ORDER PER H.L. KARWA, VP THIS APPEAL FILED BY THE ASSESSEE IS DIRECTED AGAI NST THE ORDER OF THE CIT(A), JALANDHAR, DATED 03.11.2001 PASSED UNDER SE CTION 250(6) OF THE INCOME-TAX ACT, 1961 ( IN SHORT, THE ACT), FOR TH E ASSESSMENT YEAR 2005-06. 2. THE ONLY GROUND RAISED IN THIS APPEAL READS AS U NDER: 1. THAT THE LD. CIT(A) HAS ERRED IN SUSTAINING THE ADDITION ON ACCOUNT OF SALARY PAID TO THE DIRECTORS TO THE EXTENT OF RS.2,52,000/-. 2 3. SH. PREM SINGH, THE LD. COUNSEL FOR THE ASSESSEE , VIDE HIS APPLICATION DATED 08.12.2011 HAS STATED AS UNDER: RESPECTFULLY IT IS SUBMITTED THAT THE ABOVE NOTED APPEAL HAS BEEN FIXED FOR HEARING TODAY I.E. 8.12.2011. IT IS HUMBLY SUBMITTED THAT NONE OF THE GROUNDS OF APPEAL ARE BE ING PRESSED AND THE APPEAL IS THEREFORE WITHDRAWN. THANKING YOU, YOURS FAITHFULLY, SD/- DATED 8.12.2011 (PREM SINGH) FOR GNA TRANSMISSION P. LTD. JALANDHAR. 4. IN VIEW OF THE ABOVE APPLICATION, WE GRANT PERMI SSION TO ASSESSEE TO WITHDRAW THE APPEAL 5. IN THE RESULT, THE APPEAL FILED BY THE ASSESSEE IS DISMISSED AS WITHDRAWN. ORDER PRONOUNCED IN THE OPEN COURT ON 8TH DECEMBER, 2011. (D.K.SRIVASTAVA) (H.L. KARWA) ACCOUNTANT MEMBER VICE PRESIDENT DATED : 8TH DECEMBER, 2011 /SKR/ COPY OF THE ORDER IS FORWARDED TO : 1. THE ASSESSEE: GNA TRANSMISSION P. LTD. JALANDHAR. 2. THE DCIT, R-II, JALANDHAR. 3. THE SR DR TRUE COPY BY ORDER 3 (ASSISTANT REGISTRAR) INCOME TAX APPELLATE TRIBUNAL AMRITSAR BENCH : AMRITSAR.