Diwakar Solar Projects Limited , Hyderabad V. Income Tax Officer, Ward-17(1), Hyderabad

ITA 582/Hyd/2019

• Counselvise Citation: [2021] 108 COUNSELVISE.COM (IT) 9303 (ITAT-HYDERABAD)
• Duration Of Justice: 1 year(s) 10 month(s) 24 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 17-03-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: DB-B
• Assessment Year: 2014-2015
• Appeal Filed On: 23-04-2019
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: Y V S T SAI
• Assessee Lawyers: P MURALI MOHANA RAO

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL HYDERABAD BENCHES B : HYDERABAD BEFORE SHRI A.MOHAN ALANKAMONY, ACCOUNTANT MEMBER AND SHRI S.S.GODARA, JUDICIAL MEMBER I.T.A. NO. 582/HYD/2019 ASSESSMENT YEAR: 2014-15 DIWAKAR SOLAR PROJECTS LIMITED, HYDERABAD [PAN: AADCD3588N] VS INCOME TAX OFFICER, WARD-17(1), HYDERABAD (APPELLANT) (RESPONDENT) FOR ASSESSEE : SHRI P.MURALI MOHANA RAO, AR FOR REVENUE : SHRI Y.V.S.T.SAI, CIT-DR DATE OF HEARING : 10-03-2021 DATE OF PRONOUNCEMENT : 17-03-2021 O R D E R PER S.S.GODARA, J.M. : THIS ASSESSEES APPEAL ARISES FROM THE CIT(APPEALS)- 1, HYDERABADS ORDER DATED 13-02-2019 PASSED IN CASE NO .0207/ 2017-18 / ITO-17(1) / CIT(A)-1 / HYD / 2018-19 IN PROCEEDINGS U/S.143(3) OF THE INCOME TAX ACT, 1961 [I N SHORT, THE ACT]. 2. IT TRANSPIRES AT THE OUTSET THAT THE ASSESSEE HAS FILED ITS LETTER DT.10-03-2021 TO THE FOLLOWING EFFECT: SUB: PETITION FOR WITHDRAWAL OF APPEALS IN THE C ASE OF DIWAKAR SOLAR PROJECTS LIMITED -A.Y 2014-15 REG. ITA NO. 582/HYD/2019 :- 2 -: REF: ITA NO.582/HYD/2019 BENCH B POSTED FOR HEA RING ON 10.03.20201 WITH BENCH B *** WITH REFERENCE TO THE ABOVE CITED SUBJECT, IT IS HU MBLY SUBMITTED THAT WE MAY BE PERMITTED TO WITHDRAW THE APPEAL FILED IN THE CASE OF DIWAKAR SOLAR PROJECTS LIMITED FOR THE A.Y 2014-15 VIDE ITA NO.582/HYD/2019 POSTED BEFORE THE HON'BLE BENCH B . THANKING YOU, YOURS FAITHFULLY, XXXXXXXXXXX 3. MR.SAI, CIT-DR DID NOT RAISE ANY OBJECTION TO THE A BOVE WITHDRAWAL PRAYER. 4. THIS ASSESSEES APPEAL IS DISMISSED AS WITHDRAWN IN ABOVE TERMS. ORDER PRONOUNCED IN THE OPEN COURT ON 17 TH MARCH, 2021 SD/- SD/- ( A. MOHAN ALANKAMONY ) ( S.S. GODAR A ) ACCOUNTANT MEMBER JUDICIAL MEMBER HYDERABAD, DATED: 17-03-2021 TNMM ITA NO. 582/HYD/2019 :- 3 -: COPY TO : 1.DIWAKAR SOLAR PROJECTS LIMITED, C/O. P.MURALI & C O., CHARTERED ACCOUNTANTS, 6-3-655/2/3, 1 ST FLOOR, SOMAJIGUDA, HYDERABAD. 2.THE INCOME TAX OFFICER, WARD-17(1), HYDERABAD. 3.THE CIT(APPEALS)-1, HYDERABAD. 4.THE PR.CIT-5, HYDERABAD 5.D.R. ITAT, HYDERABAD. 6.GUARD FILE.