Carburettors Ltd., CHENNAI V. CIT, CHENNAI

ITA 581/CHNY/2010

• Counselvise Citation: 58121714 RSA 2010
• Duration Of Justice: 1 year(s) 3 month(s) 25 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 24-08-2011
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: C
• Next Hearing Date: 24-08-2011
• Assessment Year: 2005-2006
• Appeal Filed On: 29-04-2010
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: T N BETGIRI
• Assessee Lawyers: R K V SUNDAR

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL C BENCH, CHENNAI BEFORE DR. O.K. NARAYANAN, VICE-PRESIDENT AND SHRI HARI OM MARATHA, JUDICIAL MEMBER I.T.A.NO. 581/MDS/2010 (ASSESSMENT YEAR : 2005-06) CARBURETTORS LTD., RAHEJA TOWERS, 7 TH FLOOR, ANNA SALAI, CHENNAI 600 002. PAN AAACC 1299 L VS. THE ASSISTANT COMMISSIONER OF INCOME-TAX, COMPANY CIRCLE-I(3), CHENNAI. (APPELLANT) (RESPONDENT) APPELLANT BY : SHRI R.K.V.SUNDAR, ADVOCATE RESPONDENT BY : SHRI T.N.BETGIRI, JCIT DATE OF HEARING : 24 TH AUGUST, 2011 DATE OF PRONOUNCEMENT : 24 TH AUGUST, 2011 O R D E R PER DR. O.K. NARAYANAN, VICE-PRESIDENT THIS APPEAL FILED BY THE ASSESSEE RELATES TO THE AS SESSMENT YEAR 2005-06. THE APPEAL IS DIRECTED AGAINST THE R EVISION ORDER PASSED BY THE COMMISSIONER OF INCOME-TAX-I AT CHENN AI, UNDER SEC.263 OF THE INCOME-TAX ACT, 1961. THE ASSESSMEN T IN THIS CASE WAS COMPLETED UNDER SEC.143(3) READ WITH SEC.1 47. ITA 581/10 :- 2 -: 2. WHEN THE APPEAL WAS CALLED ON FOR HEARING, THE L EARNED COUNSEL APPEARING FOR THE ASSESSEE FILED A PETITION BEFORE THE BENCH SEEKING PERMISSION TO WITHDRAW THE APPEAL. T HE REVENUE ALSO DOES NOT HAVE ANY OBJECTION THERETO. ACCORDIN GLY, THIS APPEAL IS DISMISSED AS NOT PRESSED. ORDER PRONOUNCED IN THE OPEN COURT AT THE TIME OF H EARING, ON WEDNESDAY, THE 24 TH OF AUGUST, 2011 AT CHENNAI. SD/- SD/- (HARI OM MARATHA) (DR.O.K.NARAYANAN) JUDICIAL MEMBER VICE-PRESIDENT CHENNAI, DATED THE 24 TH AUGUST, 2011 MPO* COPY TO : APPELLANT/RESPONDENT/CIT/CIT(A)/DR