Gurpreet Singh, Fatehgarh Sahib V. Pr. CIT, Patiala

ITA 636/CHANDI/2016

• Counselvise Citation: [2017] 130 COUNSELVISE.COM (IT) 8207 (ITAT-CHANDIGARH)
• Duration Of Justice: 10 month(s) 4 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 29-03-2017
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: Not Allotted
• Assessment Year: 2012-2013
• Appeal Filed On: 25-05-2016
• Result in Favour of: Partly Allowed
• Court: TRIBUNAL
• Department Lawyers: RAVI SARANGA L
• Section: 32; 147; 131; 68; 246; 69; 145; 27; 148; 54; 37; 6; 56; 263; 63; 132; 12; 28; 144; 10; 90; 154; 2; 11; 15; 271(1)(b); 139; 143(3); 92

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL DIVISION BENCH,CHANDIGARH BEFORE SMT. DIVA SINGH, JUDICIAL MEMBER AND MS. ANNAPURNA GUPTA, ACCOUNTANT MEMBER ITA NO. 636/CHD/2016 ASSESSMENT YEAR: 2012-13 SHRI GURPREET SINGH, VS THE PR. CIT, R/O VILLAGE LOHARI KALAN, AAYAKAR BHAWAN, P.O. DHUNDA, BASSI PATHANA, PATIALA. DISTT. FATEHGARH SAHIB. PAN: DHDPS5150L (APPELLANT) (RESPONDENT) APPELLANT BY : NONE (WITHDRAWAL AP PLICATION) RESPONDENT BY : SHRI RAVI SARANGAL, CIT-DR DATE OF HEARING : 29.03.2017 DATE OF PRONOUNCEMENT : 29.03.2017 O R D E R PER ANNAPURNA GUPTA,AM THIS APPEAL BY ASSESSEE HAS BEEN DIRECTED AGAINST T HE ORDER OF LD. PR.CIT, PATIALA DATED 15.02.2016 FOR A SSESSMENT YEAR 2012-13 UNDER SECTION 263(1) OF THE INCOME TAX ACT. 2. THE LD. COUNSEL FOR THE ASSESSEE VIDE HIS LETTER DATED 21.01.2017 SEEKS PERMISSION TO WITHDRAW THE APPEAL STATING THEREIN THAT THE ISSUE RAISED IN APPEAL NO LONGER N EEDED TO BE DECIDED SINCE THE ASSESSING OFFICER HAS PASSED ORDE R UNDER 2 SECTION 143(3) R.W.S. 263 OF THE INCOME TAX ACT,196 1, ACCEPTING THE EXPLANATION OF THE ASSESSEE WITH REGA RD TO INTRODUCTION OF CAPITAL IN THE BOOKS OF ACCOUNT. 3. IN VIEW OF THE SUBMISSION OF LD. COUNSEL FOR TH E ASSESSEE, THE APPEAL OF THE ASSESSEE IS DISMISSED A S WITHDRAWN. ORDER PRONOUNCED IN THE OPEN COURT. SD/- SD/- ( DIVA SINGH ) ( ANNAPURNA GUPTA ) JUDICIAL MEMBER ACCOUNTANT MEMBE R DATED: 29 TH MARCH, 2017. POONAM COPY TO: 1. THE APPELLANT 2. THE RESPONDENT 3. THE CIT(A) 4. THE CIT,DR ASSISTANT REGISTRAR, ITAT/CHD