NOBLE ELECTRIC CO, MUMBAI V. ITO WD 20(2)(3), MUMBAI

ITA 6716/MUM/2014

• Counselvise Citation: [2016] 131 COUNSELVISE.COM (IT) 2069 (ITAT-MUMBAI)
• Duration Of Justice: 2 year(s) 4 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 10-11-2016
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: B
• Assessment Year: 2001-2002
• Appeal Filed On: 05-11-2014
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: NEIL PHILIPH
• Assessee Lawyers: K R LAKSHMI NARAYANAN

Judgement Text

, , , IN THE INCOME TAX APPELLATE TRIBUNAL MUMBAI BENCHES B , MUMBAI , . . , , BEFORE SHRI JOGINDER SINGH, J UDICIAL M EMBER , A ND SHR I N.K. PRADHAN , A CCOUNTANT M EMBER ITA NO . 6716 /MUM/20 14 ASSESSMENT YEAR: 20 0 1 - 02 NOBLE ELECTRIC CO., C/O SHRI BALRAJ RAJANI, MAKHAN DHAM, PLOT NO. 72, FLAT NO. 602 , 11 TH ROAD, KHAR (W), MUMBAI - 52 / VS. ITO , WARD - 20(2)(3), PIRAMAL CHAMBER, LALBAUG, MUMBAI - 12 ( / REVENUE) ( /ASSESSEE) P.A. NO. AACFN 4427 C / REVENUE BY SHRI NEIL PHILIPH - DR / ASSESSEE BY SHRI K.R. LAKSHMINARAYANAN / DATE OF HEARING : 1 0 / 1 1 /201 6 / DATE OF ORDER : 1 0 /1 1 /2016 / O R D E R PER JOGINDER SINGH (JUDICIAL MEMBER) THE ASSESSEE IS AGGRIEVED BY THE IMPUGNED ORDER DATED 28/08/2014 OF THE LD. FIRST APPELLATE AUTHORITY, MUMBAI ON THE GROUNDS AS STATED IN THE GROUNDS OF APPEAL . M/S. NOBLE E LECTRIC CO. ITA NO . 6716 /MUM/2014 2 2. DURING HEARING OF THIS APPEAL , LD. COUNSEL FOR THE ASSESSEE SHRI K.R. LAKSHMINARAYANAN REQUESTED THE BENCH TO GRANT PERMISSION TO WITHDRAW THE APPEAL FILED BY THE ASSESSEE . THE LD.DR SHRI NEIL PHILIPH HAD NO OB JECTION TO THE REQUEST OF THE LD. COUNSEL FOR THE ASSESSEE . 3 . WE HAVE CONSIDERED THE SUBMISSIONS FROM BOTH SIDES AND CONSIDERING THE REQUEST OF THE LD. COUNSEL FOR THE ASSESSEE , THE PERMISSION TO WITHDRAW THE APPEAL, BY THE ASSESSEE , IS ACCEPTED, THEREFORE, THE APPEAL OF THE ASSESSEE IS DISMISSED AS WITHDRAWN. FINALLY, THE APPEAL OF THE ASSESSEE IS DISMISSED AS WITHDRAWN. T HIS ORDER WAS PRONOUNC ED IN THE OPEN COURT IN THE PRESENCE OF LD. REPRESENTATIVES FRO M BOTH SIDES AT T H E CONCLUSION OF THE HEARING ON 10 /1 1 /2016 . S D/ - SD/ - ( N.K. PRADHAN ) (JOGINDER SINGH) / ACCOUNTANT MEMBER / JUDICIAL MEMBER MUMBAI; DATED : 1 0 / 1 1 /201 6 VR/ - . . M/S. NOBLE E LECTRIC CO. ITA NO . 6716 /MUM/2014 3 / COPY OF THE ORDER FORWARDED TO : 1. / THE APPELLANT 2. / THE RESPONDENT. 3. ( ) / THE CIT, MUMBAI. 4. / CIT(A) - , MUMBAI 5. , , / DR, ITAT, MUMBAI 6. / GUARD FILE. / BY ORDER, //TRUE COPY// / (DY./ASSTT. REGISTRAR) , / ITAT, MUMBA I,