Kusuma Cashews, Karkala V. The Pr. CIT(Central), Bengaluru

ITA 66/PAN/2022

AI Insights

The case involved an appeal by Kusuma Cashews against the order of the Principal Commissioner of Income Tax (Central), Bangalore, concerning the assessment year 2017-18. The appeal was related to proceedings under section 263 of the Income Tax Act, 1961. During the hearing, the assessee's counsel submitted a request to withdraw the appeal, which was accepted by the tribunal following the lack of objection from the DR.

• Counselvise Citation: [2023] 140 COUNSELVISE.COM (IT) 136807 (ITAT-PANAJI)
• Duration Of Justice: 1 year(s) 2 month(s) 20 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 11-10-2023
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: WT(D)
• Next Hearing Date: 09-10-2023
• Assessment Year: 2017-2018
• Appeal Filed On: 21-07-2022
• Laws Referred To: Income Tax Act, 1961
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: P.S. SHIVSHANKAR
• Section: 263

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL PANAJI BENCH : PANAJI (THROUGH VIRTUAL HEARING AT ITAT : PUNE BENCHES : PUNE) BEFORE SHRI SATBEER SINGH GODARA, JUDICIAL MEMBER AND DR. DIPAK RIPOTE, ACCOUNTANT MEMBER ITA.No.66/PAN./2022 Assessment Year 2017-2018 Kusuma Cashews 316/1, 316/2A, Near Kariakallu, Near Kariakallu, Karkala – 574 104. Karnataka. PAN AAPFK6027L vs. The Pr. CIT (Central), C.R. Building, Queen’s Road, Bangalore. Karnataka. PIN – 560 001 (Appellant) (Respondent) For Assessee : Smt. Pooja For Revenue : Shri P.S. Shivshankar, CIT-DR Date of Hearing : 10.10.2023 Date of Pronouncement : 12.10.2023 ORDER PER SATBEER SINGH GODARA, J.M. : This assessee’s appeal for assessment year 2017-18, arises against the Pr. CIT (Central), Bangalore’s order in case F.no.263/Pr.CIT(C)/2021-22, dated 23.03.2022, involving proceedings u/s. 263 of the Income Tax Act, 1961 (in short “the Act”). Heard both the parties. Case file perused. 2. During the course of hearing, learned counsel appearing for the assessee seeks permission for withdrawal of it’s appeal vide letter dated 12.09.2023 reads as under : 2 I.T..A.No.66/PAN./2022 3. Learned DR has no objection. 4. We therefore, dismiss the appeal of the assessee as withdrawn. Order pronounced in the open Court on 12.10.2023. Sd/- Sd/- [DR. DIPAK P. RIPOTE] [SATBEER SINGH GODARA] ACCOUNTANT MEMBER JUDICIAL MEMBER Pune, Dated 12 th October, 2023 VBP/- 3 I.T..A.No.66/PAN./2022 Copy to 1. The applicant 2. The respondent 3. The JCIT, Central Range, Mangalore. 4. D.R. ITAT – ‘Panaji’ Bench, Panaji 5. Guard File. //By Order// //True Copy // Assistant Registrar, ITAT, Pune Benches, Pune.