Coco Latex Exports Pvt. Ltd., Bangalore V. CIT, Bangalore

ITA 560/BANG/2011

• Counselvise Citation: [2012] 140 COUNSELVISE.COM (IT) 60755 (ITAT-BANGALORE)
• Duration Of Justice: 1 year(s) 1 month(s) 1 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 13-06-2012
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: B
• Assessment Year: 2005-2006
• Appeal Filed On: 12-05-2011
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: ETWA MUNDA CITIIDR
• Assessee Lawyers: ALOKE MADAPPA
• Section: 263

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL C BENCH : BANGALORE BEFORE SHRI N.K. SAINI, ACCOUNTANT MEMBER AND SHRI N.V. VASUDEVAN, JUDICIAL MEMBER ITA NO. 560/BANG/2011 ASSESSMENT YEAR : 2005-06 COCO LATEX EXPORTS PVT. LTD., NO.7, 1 ST MAIN, VASANTHNAGAR, BANGALORE 560 052. PAN : AABCC 5360M VS. THE DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE 11(2), BANGALORE. APPELLANT RESPONDENT APPELLANT BY : SHRI ALOKE MADAPPA, ADVOCATE RESPONDENT BY : SHRI ETWA MUNDA, CIT-II(DR) DATE OF HEARING : 13.06.2012 DATE OF PRONOUNCEMENT : 13.06.2012 O R D E R PER N.K. SAINI, ACCOUNTANT MEMBER THIS IS AN APPEAL FILED BY THE ASSESSEE AGAINST T HE ORDER DATED 30.12.2009 OF THE COMMISSIONER OF INCOME-TAX, BANGA LORE-1, BANGALORE, U/S. 263 OF THE INCOME-TAX ACT, 1961. ITA NO.560/BANG/2011 PAGE 2 OF 2 2. DURING THE COURSE OF HEARING, THE LD. COUNSEL FO R THE ASSESSEE AT THE VERY OUTSET STATED THAT HE HAS INSTRUCTIONS TO WITH DRAW THIS APPEAL AND GAVE IN WRITING AS UNDER:- TO BE CONSIDERED AS INFRUCTUOUS AND HENCE WITHDRAW N. 3. THE LD. DR DID NOT OBJECT IF THE APPEAL IS DISMI SSED AS WITHDRAWN. 4. IN VIEW OF THE ABOVE, THIS APPEAL IS DISMISSED A S WITHDRAWN. PRONOUNCED IN THE OPEN COURT ON THIS 13 TH DAY OF JUNE, 2012. SD/- SD/- ( N.V. VASUDEVAN ) ( N.K. SAINI ) JUDICIAL MEMBER ACCOUNTANT MEMBER BANGALORE, DATED, THE 13 TH JUNE , 2012. DS/- COPY TO: 1. APPELLANT 2. RESPONDENT 3. CIT 4. CIT(A) 5. DR, ITAT, BANGALORE. 6. GUARD FILE BY ORDER ASSISTANT REGISTRAR ITAT, BANGALORE.