MESERS PHOENIX REALTORS PRIVATE LIMITED, MUMBAI V. ASSISTANT COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-2, RAIPUR

ITA 66/RPR/2019

• Counselvise Citation: [2020] 110 COUNSELVISE.COM (IT) 0517 (ITAT-RAIPUR)
• Duration Of Justice: 1 year(s) 8 month(s) 20 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 23-12-2020
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: DB
• Assessment Year: 2012-2013
• Appeal Filed On: 02-04-2019
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Section: 143(3); 153A

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL RAIPUR BENCH , PUNE (THROUGH VIRTUAL COURT) BEFORE SHRI R.S. SYAL, VICE PRESIDENT AND SHRI PARTHA SARATHI CHAUDHURY, JM . / ITA NO.66/RPR/2019 / ASSESSMENT YEAR : 2013-14 SUSHIL KUMAR AGRAWAL, ....... / APPELLANT PROP. M/S. SHRI KISHAN & COMPANY, DARRI ROAD, KORBA (C.G.). PAN : ACGPA4350B. / V/S. THE DY. COMMISSIONER OF INCOME TAX, CIRCLE KORBA (C.G.). / RESPONDENT ASSESSEE BY : NONE (WITHDRAWAL APPLICATION FILED.) REVENUE BY : SHRI GITESH KUMAR. / DATE OF HEARING : 23.12.2020 / DATE OF PRONOUNCEMENT : 23.12.2020 / ORDER THIS APPEAL BY THE ASSESSEE IS DIRECTED AGAINST THE OR DER PASSED BY THE COMMISSIONER OF INCOME TAX (APPEALS)-1, JABALPUR ON 05.03. 2018 IN RELATION TO THE ASSESSMENT YEAR 2013-14. 2. BEFORE US, THE ASSESSEE HAS FILED A LETTER DATED NIL SEE KING WITHDRAWAL OF THE APPEAL. THE RELEVANT CONTENTS OF SUCH LETTER READS AS UNDER : THAT THE HONBLE CIT(A) HAS CONFIRMED AN ADDITION OF RS.2,56,12,688/- FOR A.Y. 2013-14 ESTIMATING THE NET PROFIT @ 8%. AGGRIEVED BY THE ORDER PASSED BY LD.CIT(A) THE ASSESSEE HAS PREFERRED THE 2 ND APPEAL BEFORE YOUR HONOUR ON 17.05.2018. THAT FOR THE ASSESSMENT YEAR UNDER CONSIDERATION AN ASSESSMENT U/S 143(3) / 153A HAS BEEN PASSED BY THE LD.ACIT, CENTRAL CIRCLE , BILASPUR (C.G.). CONSIDERING THE ABOVE ISSUE / MATTER THE ASSESSEE D ESIRES TO WITHDRAW THE 2 ND APPEAL FILED BEFORE YOUR HONOUR. 2 ITA NO.66/RPR/2019 3. THE LD. DR DID NOT RAISE ANY OBJECTION TO THE WITHDRAW AL OF THE APPEAL FILED BY THE ASSESSEE. AS SUCH, THE ASSESSEE IS PERMITTED TO WITHDRAW THE APPEAL. 4. IN THE RESULT, THE APPEAL IS DISMISSED AS WITHDRAWN. ORDER PRONOUNCED IN THE OPEN COURT ON 23 RD DECEMBER, 2020. SD/- SD/- (PARTHA SARATHI CHAUDHURY) (R.S. SYAL) JUDICIAL MEMBER VICE PRESIDENT / PUNE; / DATED : 23 RD DECEMBER, 2020. YAMINI / COPY OF THE ORDER FORWARDED TO : 1. / THE APPELLANT. 2. / THE RESPONDENT. 3. THE CIT(A)-1, JABALPUR. 4. THE PR.CIT, BILASPUR. 5. , , , / DR, ITAT, RAIPUR BENCH, PUNE. 6. ! / GUARD FILE. / BY ORDER, // TRUE COPY // SENIOR PRIVATE SECRETARY , / ITAT, PUNE.