M/S STAR FIRE SYSTEMS PRIVATE LIMITED, Pune V. PR. COMMISSIONER OF INCOME TAX -3 , PUNE, Pune

ITA 549/PUN/2020

• Counselvise Citation: [2021] 104 COUNSELVISE.COM (IT) 5795 (ITAT-PUNE)
• Duration Of Justice: 1 year(s) 4 month(s) 3 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 21-12-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: B
• Assessment Year: 2015-2016
• Appeal Filed On: 17-08-2020
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Keywords: Revision of order
• Section: 263; 143(3)

Judgement Text

आयकर अपीलीय अिधकरण “बी” ᭠यायपीठ पुणे मᱶ । IN THE INCOME TAX APPELLATE TRIBUNAL “B” BENCH, PUNE (Through Virtual Court) BEFORE SHRI INTURI RAMA RAO, AM AND SHRI PARTHA SARATHI CHAUDHURY, JM आयकर अपील सं. / ITA No.549/PUN/2020 िनधाᭅरण वषᭅ / Assessment Year : 2015-16 M/s. Star Fire Systems Pvt. Ltd., Office No.203, Mangalmurti Complex, 990, Shukrawar Peth, Tilak Road, Pune-411002. PAN : AAMCS0584N .......अपीलाथᱮ / Appellant बनाम / V/s. Pr. CIT-3, Pune. ......ᮧ᭜यथᱮ / Respondent Assessee by : None Revenue by : Shri Sunil Kumar सुनवाई कᳱ तारीख / Date of Hearing : 21.12.2021 घोषणा कᳱ तारीख / Date of Pronouncement : 22.12.2021 आदेश / ORDER This is an appeal filed by the assessee directed against the order of ld. Pr. Commissioner of Income Tax-3, Pune (‘PCIT’ for short] dated 11.03.2020 passed u/s 263 of the Income Tax Act, 1961 (‘the Act’) for the assessment year 2015-16. 2. When the matter had come up for hearing, none was represented on behalf of the appellant despite due service of notice. However, the ld. AR for the assessee filed a letter dated 22.11.2021 seeking permission to withdraw the above captioned appeal. The relevant contents of the said letter dated 22.11.2021 is reproduced hereunder :- “1. An appeal in above referred Appellant’s case was duly preferred before your Hon’ble Pune ITAT by filing form 36 on 18/08/2020. 2. Your Honour’s said appeal was preferred against the order u/s 263 of the Act dated 13/03/2020 wherein Ld. CIT -3 Pune, had set aside the 2 assessment order for fresh adjudication particularly to reverify the fixed deposit amounts of the Appellant. 3. Your Honour’s, said issue was already checked by Ld. AO during the course of assessment proceedings and had found correct. However, Ld. CIT vide order u/s 263 directed Ld. AO to re verify the same. 4. Your Honour’s, during the course of assessment proceedings u/s 143(3) r.w.s 263 Ld. AO verified the requisite documents and have passed the Assessment Order u/s 143(3) r.w.s 263 of the Act without making any further addition. 5. Accordingly, since the issue is solved in favour of Appellant, the purpose of preferring appeal before your goodselves is also attained. 6. Thus, in view of this, we humbly seek your Honour’s permission to allow us to withdraw the present appeal.” 3. Considering the above submissions of the ld. AR for the assessee and ld. Sr. DR’s no objection for withdrawal of the present appeal, we hereby grant permission to the assessee to withdraw the present appeal. Accordingly, the above captioned appeal stands dismissed as ‘withdrawn’. 4. In the result, the appeal filed by the assessee is dismissed as ‘withdrawn’. Order pronounced on this 22 nd day of December, 2021. Sd/- Sd/- (PARTHA SARATHI CHAUDHURY) (INTURI RAMA RAO) ᭠याियक सद᭭य/JUDICIAL MEMBER लेखा सद᭭य/ACCOUNTANT MEMBER पुणे / Pune; ᳰदनांक / Dated : 22 nd December, 2021. Sujeet आदेश कᳱ ᮧितिलिप अᮕेिषत / Copy of the Order forwarded to : 1. अपीलाथᱮ / The Appellant. 2. ᮧ᭜यथᱮ / The Respondent. 3. The Pr. CIT-3, Pune. 4. िवभागीय ᮧितिनिध, आयकर अपीलीय अिधकरण, “बी” बᱶच, पुणे / DR, ITAT, “B” Bench, Pune. 5. गाडᭅ फ़ाइल / Guard File. आदेशानुसार / BY ORDER, // True Copy // Senior Private Secretary आयकर अपीलीय अिधकरण, पुणे / ITAT, Pune.