Elgi Equipments Limited, Coimbatore V. ACIT, Coimbatore

ITA 573/CHNY/2012

• Counselvise Citation: [2012] 140 COUNSELVISE.COM (IT) 64567 (ITAT-CHENNAI)
• Duration Of Justice: 8 month(s) 19 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 05-12-2012
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: A
• Next Hearing Date: 05-12-2012
• Assessment Year: 2007-2008
• Appeal Filed On: 16-03-2012
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: SHAJI P JACOB IRS
• Assessee Lawyers: N VIJAY KUMAR

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL A BENCH, CHENNAI BEFORE DR. O.K.NARAYANAN, VICE-PRESIDENT AND SHRI V.DURGA RAO, JUDICIAL MEMBER ITA NO.573(MDS)/2012 ASSESSMENT YEAR : 2007-08 M/S.ELGI EQUIPMENTS LTD., TRICHY ROAD, SINGANALLUR, COIMBATORE-641 005. PAN AAACE4784E. VS. THE ASSISTANT COMMISSIONER OF INCOME- TAX, COMPANY CIRCLE I(3), COIMBATORE. (APPELLANT) (RESPONDENT) APPELLANT BY : SHRI N.VIJAY KUMA R, C.A. RESPONDENT BY : SHRI SHAJI P JACOB, IR S, ADDL.CIT DATE OF HEARING : 5 TH DECEMBER, 2012 DATE OF PRONOUNCEMENT : 5 TH DECEMBER, 2012 O R D E R PER DR.O.K.NARAYANAN, VICE-PRESIDENT BY HIS LETTER SHRI T.BANUSEKAR, THE LEARNED CHARTERED ACCOUNTANT FOR THE ASSESSEE, PRAYS FOR TH E WITHDRAWAL OF THIS APPEAL. PRAYER IS ACCORDINGLY GRANTED AND THE APPEAL IS TREATED AS DISMISSED AS WITHDRAWN. - - ITA 573 OF 2012 2 ORDERS PRONOUNCED IN THE OPEN COURT AT THE TIME O F HEARING ON WEDNESDAY, THE 5 TH OF DECEMBER, 2012 AT CHENNAI. SD/- SD/- (V.DURGA RAO) (DR. O.K.NARAYANAN) JUDICIAL MEMBER VICE-PRESIDENT CHENNAI, DATED, THE 5 TH DECEMBER, 2012. V.A.P. COPY TO: 1. APPELLANT 2. RESPONDENT 3. CIT 4. CIT(A) 5. DR 6. GF.