Khaitan & Company, Kolkata V. ACIT, CIR-54, KOLKATA, Kolkata

ITA 656/KOL/2014

• Counselvise Citation: [2015] 140 COUNSELVISE.COM (IT) 92015 (ITAT-KOLKATA)
• Duration Of Justice: 1 year(s) 2 month(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 11-06-2015
• Appeal Filed By: Assessee
• Bench Allotted: C
• Assessment Year: 2009-2010
• Appeal Filed On: 11-04-2014
• Court: TRIBUNAL
• Department Lawyers: AJOY KR SINGH
• Assessee Lawyers: A K GUPTA
• Section: 263

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL C BENCH: KOLKATA [BEFORE SHRI P. K. BANSAL, AM & SHRI MAHAVIR SINGH, JM ] I.T.A NO. 65 6 /KOL/201 4 ASSESSMENT YEAR : 200 9 - 1 0 KHAITAN & COMPANY VS. ASSISTANT COMMISSIONER OF INCOME - TAX - (PAN: AA DFK1113F ) CIRCLE - 54, KOLKATA. ( APPELLANT ) ( RESPONDENT ) DATE OF HEARING: 1 1 .0 6 .2015 DATE OF PRONOUNCEMENT: 11 . 0 6 . 2015 FOR THE APPELLANT: SHRI A. K. GUPTA, ADVOCATE FOR THE RESPONDENT: S HRI AJOY KR. SINGH , CIT, DR ORDER PER SHRI MAHAVIR SINGH, JM: THIS APPEAL BY ASSESSEE IS ARISING OUT OF REVISION ORDER PASSED BY CIT , KOLKATA - XIX , VIDE NO. CIT - XIX/KOL/REVISION U/S. 263/2013 - 14/5777 - 79 DATED 2 6 .0 3 .201 4 . ASSESSMENT WAS FRAMED BY JCIT, RANGE - 54, KOLKATA U/S. 14 3(3) OF THE INCOME - TAX ACT, 1961 (HEREINAFTER REFERRED TO AS THE ACT ) FOR ASSESSMENT YEAR 200 9 - 1 0 VIDE HIS ORDER DATED 28 . 12 .20 11 . 2. AT THE OUTSET, LD. COUNSEL FOR THE ASSESSEE VIDE ITS LETTER DATED 08 .0 6 .2015 STATED AS UNDER: WE WISH TO WITHDRAW THE AFORESAID APPEAL FILED BY US INASMUCH AS THE ASSESSING OFFICER WHILE GIVING EFFECT TO THE ORDER OF THE COMMISSIONER OF INCOME TAX PASSED UNDER SECTION 263 OF THE ACT HAS ACCEPTED OUR CONTENTION AND GRANTED US THE NECESSARY RELIEF. IN VIEW OF THIS ORDER, A COPY OF WHICH IS ENCLOSED, THE APPEAL FILED BY US HAS BECOME INFRUCTUOUS. AND URGED FOR WITHDRAWING THIS APPEAL. LD. SR. DR HAS NOT OBJECTED TO TH IS WITHDRAWAL. HENCE, WITHDRAWAL IS PERMITTED. APPEAL OF ASSESSEE IS DISMISSED B EING WITHDRAWN. 3 . IN THE RESULT, APPEAL OF ASSESSEE IS DISMISSED AS WITHDRAWN. 4 . ORDER IS PRONOUNCED IN THE OPEN COURT . SD/ - S D/ - ( P. K. BANSAL ) (MAHAVIR SINGH) ACCOUNTANT MEMBER J UDICIAL MEMBER DATED : 1 1 TH JUNE , 201 5 JD.( SR.P.S.) COPY OF THE ORDER FORWARDED TO: 1 . A PPELLANT KHAITAN & COMPANY, EMERALD HOUSE, 1B, OLD POST OFFICE STREET, KOLKATA - 700 001. 2 RESPONDENT A CIT , CIRCLE - 54, KOLKATA . 3 . THE CIT (A), KOLKATA 4. 5. CIT , KOLKATA. D.R. ITAT, KOLKATA. / TRUE COPY, BY ORDER, ASSTT. REGISTRAR .