Mr. Faisal Hameed, Srinagar V. The Income-tax Officer, Srinagar

ITA 545/ASR/2011

• Counselvise Citation: [2011] 140 COUNSELVISE.COM (IT) 51137 (ITAT-AMRITSAR)
• Duration Of Justice: 1 month(s) 3 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 13-12-2011
• Appeal Filed By: Assessee
• Order Result: Allowed
• Bench Allotted: DB
• Assessment Year: 2005-2006
• Appeal Filed On: 09-11-2011
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Assessee Lawyers: UPENDER BHATT

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. NO. 545(ASR)/2011 ASSESSMENT YEAR:2005-06 SH. FAISAL HAMEED, PROP. VS. THE INCOME-TAX OFFICE R, M/S. SOUND -N-MUSIC, SRINAGAR. RAJ BAGH, SRINAGAR. (APPELLANT) (RESPONDENT) APPELLANT BY: SH. UPENDER BHATT, CA RESPONDENT BY: SH. TARSEM LAL, DR DATE OF HEARING :13.12.2011 DATE OF PRONOUNCEMENT: ORDER PER H.L. KARWA, VP, THIS APPEAL FILED BY THE ASSESSEE IS DIRECTED AGAIN ST THE ORDER OF THE CIT(A), JAMMU, DATED 15.09.2011 PASSED UNDER SECTIO N 250(6) OF THE INCOME-TAX ACT, 1961 ( IN SHORT, THE ACT), FOR TH E ASSESSMENT YEAR 2005-06. 2. SH. UPENDER BHATT, THE LD. COUNSEL FOR THE ASSES SEE, VIDE HIS APPLICATION DATED 13.12.2011 HAS STATED AS UNDER: SUB: APPEAL NO.545/ASR/2011 A.Y. 2005-06 2 IT IS HUMBLY SUBMITTED THAT THE UNDERSIGNED IS WITH DRAWING THE ABOVE REFERRED APPEAL NO. AGAINST THE ORDER OF CIT( A), DATED 15.09.2011. HOWEVER, IT IS PRAYED THAT THE ASSESSEE SHALL BE FI LING A FRESH APPEAL AGAINST THE ORDER OF CIT(A), APPEAL DATED 20 .11.2009 FOR THE ASSESSMENT YEAR 2005-06 ALONGWITH CONDONATION O F DELAY, WHICH MAY THEN KINDLY BE CONSIDERED. 3. IN VIEW OF THE ABOVE APPLICATION, WE GRANT PERMI SSION TO ASSESSEE TO WITHDRAW THE APPEAL. 4. BEFORE PARTING WITH THIS CASE, WE MAY OBSERVE TH AT THE ASSESSEE IS FREE TO FILE APPEAL AGAINST THE ORDER OF THE CIT(A), DAT ED 20.11.2009 TOGETHER WITH APPLICATION FOR CONDONATION OF DELAY, IF SO AD VISED. 5. IN THE RESULT, THE APPEAL FILED BY THE ASSESSEE IS DISMISSED. ORDER PRONOUNCED IN THE OPEN COURT ON 13 TH DECEMBER, 2011. SD/- SD/- (D.K.SRIVASTAVA) (H.L. KARWA) ACCOUNTANT MEMBER VICE PRESIDENT DATED: 13TH DECEMBER, 2011 /SKR/ COPY OF THE ORDER IS FORWARDED TO : 1. THE ASSESSEE:SH. FAISAL HAMEED, SRINAGAR. 2. THE ITO WARD 3(1), SRINAGR. 3. THE CIT(A), 4. THE CIT, 5. THE SR DR TRUE COPY 3 BY ORDER (ASSISTANT REGISTRAR) INCOME TAX APPELLATE TRIBUNAL AMRITSAR BENCH : AMRITSAR.