Vanaspati Vinimay Pvt. Ltd., Kolkata V. PCIT, -1, KOLKATA, Kolkata

ITA 623/KOL/2015

• Counselvise Citation: [2017] 128 COUNSELVISE.COM (IT) 9516 (ITAT-KOLKATA)
• Duration Of Justice: 1 year(s) 8 month(s) 11 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 25-01-2017
• Appeal Filed By: Assessee
• Bench Allotted: D
• Assessment Year: 2010-2011
• Appeal Filed On: 14-05-2015
• Court: TRIBUNAL
• Department Lawyers: NIRAJ KUMAR
• Assessee Lawyers: ASHISH BAJAJ
• Section: 263

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL D BENCH: KOL KATA [BEFORE SHRI N. V. VASUDEVAN, JM & SHRI M. BALAGAN ESH, AM] I.T.A NO.623/KOL/2015 ASSESSMENT YEAR: 2010-11 VANASPATI VINIMAY (P) LTD. VS. PRINCIPAL COMMI SSIONER OF INCOME-TAX, (PAN: AADCV1830F) KOLKATA-1, KOLKATA ( APPELLANT ) ( RESPONDENT ) DATE OF HEARING: 25.01.2017 DATE OF PRONOUNCEMENT: 25.01.2017 FOR THE APPELLANT: SHRI ASHISH BAJAJ, CA FOR THE RESPONDENT: SHRI NIRAJ KUMAR, CIT ORDER PER SHRI M. BALAGANESH, AM: THIS APPEAL BY ASSESSEE IS ARISING OUT OF REVISION ORDER OF CIT, KOLKATA-1, KOLKATA VIDE M NO. PR.CIT,KOL-1/U/S.263/VANASPATI V INIMAY/2014-15/1295-97 DATED 25.03.2015. ASSESSMENT WAS FRAMED BY ITO, WARD-1(4 ), KOLKATA U/S. 147/143(3) OF THE INCOME-TAX ACT, 1961 (HEREINAFTER REFERRED TO AS T HE ACT) FOR ASSESSMENT YEAR 2010- 11 VIDE HIS ORDER DATED 30.04.2012. 2. AT THE TIME OF HEARING LD. COUNSEL FOR THE ASSES SEE SUBMITTED THAT HE HAS INSTRUCTIONS TO WITHDRAW THE APPEAL SINCE THE AO HA S ALREADY PASSED AN ORDER IN CONSEQUENCE TO THE ORDER PASSED BY PR. CIT U/S. 263 OF THE ACT AND THE ASSESSEE COMPANY HAS FILED AN APPEAL BEFORE THE LD. CIT(A) A GAINST THE SAID ORDER. LD. SR. DR HAS NOT RAISED ANY OBJECTION TO THIS PRAYER FOR WIT HDRAWAL. HENCE, WE PERMIT THE WITHDRAWAL AND DISMISS THIS APPEAL OF ASSESSEE AS W ITHDRAWN. 3. IN THE RESULT, APPEAL OF ASSESSEE IS DISMISSED A S WITHDRAWN. 4. ORDER IS PRONOUNCED IN THE OPEN COURT. SD/- SD/- (N. V. VASUDEVAN) (M. BALAGANESH) JUDICIAL MEMBER ACCOUNTAN T MEMBER DATED : 25 TH JANUARY, 2017 JD.(SR.P.S.) 2 ITA NO.623/K/2015 VANASPATI VINIMAY (P) LTD. AY 2010-11 COPY OF THE ORDER FORWARDED TO: 1 . APPELLANT VANASPATI VINIMAY (P) LTD., C/O D. J. SHAH & CO. 2, ELGIN ROAD, KOLKATA-700020. 2 RESPONDENT CIT, KOL-1, KOLKATA 3 . THE CIT(A), KOLKATA 4. 5. ACIT , KOLKATA. DR, KOLKATA BENCHES, KOLKATA / TRUE COPY, BY ORDER, ASSTT. REGISTRAR .