BAFNA MOTORS P.LTD, MUMBAI V. CIT 5, MUMBAI

ITA 5760/MUM/2013

• Counselvise Citation: [2015] 140 COUNSELVISE.COM (IT) 88691 (ITAT-MUMBAI)
• Duration Of Justice: 1 year(s) 6 month(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 23-03-2015
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: B
• Next Hearing Date: 04-08-2015
• Assessment Year: 2010-2011
• Appeal Filed On: 23-09-2013
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: S J SINGH
• Assessee Lawyers: RAKESH GUPTA
• Section: 263

Judgement Text

, IN THE INCOME TAX APPELLATE TRIBUNAL B BENCH, MUMBAI , , BEFORE SHRI VIJAY PAL RAO, JUDICIAL MEMBER AND SHRI N.K . BILLAIYA, A CCOUNTANT M EMBER / I .T.A. NO . 5760/MUM/2013 ( / ASSESSMENT YEAR : 2010 - 11 M/S. BAFNA MOTORS PVT. LTD., 712, CENTRE ONE, WORLD TRADE CENTRE, CUFFE PARADE, MUMBAI - 400 005 / VS. THE CIT - 5, AAYAKAR BHAVAN, MUMBAI - 400 020 ./ ./ PAN/GIR NO. : AAACB 4300K ( / APPELLANT ) .. ( / RESPONDENT ) / APPELLANT BY: SHRI RAKESH GUPTA / RESPONDENT BY : SHRI S.J. SINGH / DATE OF HEARING : 23 . 0 3 .2015 / DATE OF PRONOUNCEMENT : 23 .03 .2015 / O R D E R PER N.K. BILLAIYA, AM: THIS IS AN APPEAL BY THE ASSESSEE PREFERRED AGAINST THE ORDER OF THE CIT - 5, MUMBAI DT. 14.8.2013 PERTAINING TO ASSESSMENT YEAR 2010 - 11 ORDER MADE U/S. 263 OF THE ACT. 2. AT THE VERY OUTSET, THE LD. COUNSEL FOR THE ASSESSEE MOVED AN APPLICATION REQUESTING FOR WITHDRAWAL OF THE APPEAL. ITA. NO. 5760/M/2013 2 3. ON RECEIVING NO OBJECTION FROM THE LD. DEPARTMENTAL REPRESENTATIVE, THE APPEAL IS ALLOWED TO BE WITHDRAWN AS REQUESTED. 4. IN THE RESULT, THE APPEAL FILED BY THE ASSESSEE IS DISMISSED AS WITHDRAWN. OR DER PRONOUNCED I N THE OPEN COURT AT THE TIME OF HEARING ON 23 RD MARCH, 2015 SD/ - SD/ - ( VIJAY PAL RAO ) (N.K. BILLAIYA) / JUDICIAL MEMBER / ACCOUNTANT MEMBER MUMBAI ; DATED : 23 RD MARCH, 2015 . . ./ RJ , SR. PS / COPY OF THE ORDER FORWARDED TO : 1. / THE APPELLANT 2. / THE RESPONDENT. 3. ( ) / THE CIT(A) - 4. / CIT 5. , , / DR, ITAT, MUMBAI 6. / GUARD FILE . / BY ORDER, //TRUE COPY// / (DY./ASSTT. REGISTRAR) , / ITAT, MUMBAI