The Sanghamitra Co-op Urban Bank Limited, Nalgonda, Nalgonda V. DIT (I&CI), Hydeabad, Hyderabad

ITA 695/HYD/2017

• Counselvise Citation: [2017] 127 COUNSELVISE.COM (IT) 2712 (ITAT-HYDERABAD)
• Duration Of Justice: 4 month(s) 4 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 08-08-2017
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: B
• Assessment Year: 2016-2017
• Appeal Filed On: 03-04-2017
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: L. RAMJI RAO

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL HYDERABAD BENCH B, HYDERABAD BEFORE SHRI D. MANMOHAN, VICE PRESIDENT AND SHRI S. RIFAUR RAHMAN, ACCOUNTANT MEMBER ITA NO. 695/HYD/2017 ASSESSMENT YEAR: 2016-17 THE SANGHAMITRA CO-OP URBAN BANK LTD, NALGONDA. PAN AAATT8087C VS. THE DIRECTOR OF INCOME TAX INTELLIGENCE & CRIMINAL INVESTIGATION, HYDERABAD. (APPELLANT) (RESPONDENT) ASSESSEE BY : SHRI A.V. RAGHURAM REVENUE BY : SHRI L. RAMJI RAO DATE OF HEARING : 08-08-2017 DATE OF PRONOUNCEMENT : 08-08-2017 ORDER PER D. MANMOHAN, VICE PRESIDENT: BY THE LETTER DATED 29 TH JULY 2017, THE ASSESSEE SEEKS TO WITHDRAW ITS APPEAL FOR THE REASONS MENTIONED THEREIN. THE LD. DR HAS NO OBJECTION IN THIS REGARD. WE THEREFORE DISMISS THE APPEAL FILED BY THE ASSESSEE AS WITHDRAWN. IN THE RESULT, APPEAL OF THE ASSESSEE IS DISMISSED. PRONOUNCED IN THE OPEN COURT ON 08 TH AUGUST, 2017. SD/- SD/- (S. RIFAUR RAHMAN) (D. MANMOHAN) ACCOUNTANT MEMBER VICE PRESIDENT HYDERABAD, DATED: 08-08-2017. 2 ITA NO. 695/HYD/2017 THE SANGAMITRA CO-OP URBAN BANK LTD., NALGONDA. KRK 1 THE SANGHAMITRA CO-OP URBAN BANK LTD., NO. 5-6-140A, SANGHAMITRA COMPLEX, BOTTUGUDA, PRAKASHAM BAZAR, NALGONDA. 2 THE DIRECTOR OF INCOME TAX (I & CI), BASHEERBAGH, HYDERABAD. 3 THE DR, ITAT HYDERABAD 4 GUARD FILE