The Commercial Co. Op. Credit Society Ltd., Halol V. The Income Tax Officer, Ward-2, Godhra

ITA 548/AHD/2017

• Counselvise Citation: [2018] 125 COUNSELVISE.COM (IT) 1250 (ITAT-AHMEDABAD)
• Duration Of Justice: 1 year(s) 6 month(s) 4 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 07-09-2018
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: SMC
• Assessment Year: 2012-2013
• Appeal Filed On: 03-03-2017
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Section: 143(3)

Judgement Text

ITA NO.548/AHD/2017 A.Y. 2012-13 PAGE 1 OF 2 IN THE INCOME TAX APPELLATE TRIBUNAL AHMEDABAD SMC BENCH, AHMEDABAD BEFORE SHRI RAJPAL YADAV, JUDICIAL MEMBER AND SHRI WASEEM AHMED, ACCOUNTANT MEMBER ITA NO.548/AHD/2017 ASSESSMENT YEAR: 2012-13 THE COMMERCIAL CO-OP. CREDIT SOCIETY LTD., VS. INCOME TAX OFFICER, STATION ROAD, WARD 2, GODHRA. HALOL 389 350. [PAN AAAAT 5920 B] (APPELLANT) (RESPONDENT) APPELLANT BY : SHRI SUNIL TALATI, A.R. RESPONDENT BY : MS. APOORVA BHARDWAJ, SR. D. R. DATE OF HEARING : 10.08.2018 DATE OF PRONOUNCEMENT : 07.09.2018 O R D E R PER WASEEM AHMED, ACCOUNTANT MEMBER: THE ASSESSEE IS IN APPEAL BEFORE US AGAINST THE ORD ER OF LEARNED CIT(A) DATED 14.10.2016 IN THE MATTER OF ASSESSMENT UNDER SECTIO N 143(3) OF THE INCOME TAX ACT, 1961 FOR THE ASSESSMENT YEAR 2012-13. 2. DURING THE COURSE OF HEARING, IT IS NOTICED THAT THE ASSESSEE HAS SUBMITTED REQUEST VIDE LETTER DATED 9 TH AUGUST, 2018 SEEKING PERMISSION TO WITHDRAW THE PR ESENT APPEAL, AS THE ISSUE RAISED HAS NOW BEEN COVERED AG AINST THE ASSESSEE BY THE DECISION OF HIGHER AUTHORITIES. LETTER DATED 9 TH AUGUST, 2018 SUBMITTED BY THE ASSESSEE READS AS UNDER :- THIS IS IN CONNECTION WITH THE HEARING OF THE ABOV E APPEAL FIXED BEFORE HONBLE ITAT AHMEDABAD BENCH SMC ON 10 TH AUGUST, 2018. IN THIS CONNECTION WE HAVE TO STATE HAT THE ABOVE A PPEAL HAS BEEN FILED BY THE APPELLANT AGAINST THE ORDER PASSED BY CIT(A)-2, AHMEDABAD CONFIRMING THE DISALLOWANCE OF INTEREST INCOME CLAI MED U/S. 80P(2)(A) OF THE ACT BEING INTEREST RECEIVED FROM NATIONALISED B ANK. AS THE ISSUE HAS BEEN COVERED AGAINST THE APPELLANT AT PRESENT BY TH E DECISION OF HIGHER AUTHORITIES, WE KINDLY REQUEST YOUR HONOURS TO ALLO W US TO WITHDRAW ABOVE MENTIONED APPEAL AND OBLIGE. ITA NO.548/AHD/2017 A.Y. 2012-13 PAGE 2 OF 2 3. THE LD. DEPARTMENTAL REPRESENTATIVE HAS NO OBJEC TION FOR WITHDRAWAL OF THE ASSESSEES APPEAL. 4. THEREFORE, IN VIEW OF THESE FACTS, WE ALLOW THE WITHDRAWAL OF THE APPEAL FILED THE ASSESSEE AND ACCORDINGLY APPEAL OF THE ASSESSEE IS DISMISSED AS WITHDRAWN. 5. IN THE RESULT, APPEAL FILED BY THE ASSESSEE IS D ISMISSED. ORDER PRONOUNCED IN THE OPEN COURT ON THIS 7 TH DAY OF SEPTEMBER, 2018. SD/- SD/- RAJPAL YADAV WASEEM AHMED (JUDICIAL MEMBER) (ACCOUNTANT MEMBER) AHMEDABAD, THE 7 TH DAY OF SEPTEMBER, 2018 PBN/* COPIES TO: (1) THE APPELLANT (2) THE RESPONDENT (3) CIT (4) CIT(A) (5) DEPARTMENTAL REPRESENTATIVE (6) GUARD FILE BY ORDER UE COPY ASSISTANT REGISTRAR INCOME TAX APPELLATE TRIBUNAL AHMEDABAD BENCHES, AHMEDABAD 1. DATE OF TAKING DICTATION: ..................... ...... 2. DATE OF TYPING & DRAFT ORDER PLACED BEFORE THE DI CTATING MEMBER: ........................... 3. DATE ON WHICH THE APPROVED DRAFT COMES TO THE SR. P.S./P.S.: ................................ 4. DT. ON WHICH THE FAIR ORDER IS PLACED BEFORE THE DICTATING MEMBER FOR PRONOUNCEMENT: .............. ........ 5. DATE ON WHICH THE FILE GOES TO THE BENCH CLERK: . .......................... 6. DATE ON WHICH THE FILE GOES TO THE HEAD CLERK: ..... 7. THE DT. ON WHICH THE FILE GOES TO THE ASTT. REGISTR AR FOR SIGNATURE ON THE ORDER: .................. ....... 8. DATE OF DESPATCH OF THE ORDER: ................. .......