Naveen Electricals, Meerut V. Pr.CIT, Meerut

ITA 7005/DEL/2017

• Counselvise Citation: [2019] 115 COUNSELVISE.COM (IT) 3057 (ITAT-DELHI)
• Duration Of Justice: 1 year(s) 3 month(s) 14 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 06-03-2019
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: E
• Assessment Year: 2013-2014
• Appeal Filed On: 22-11-2017
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Section: 263

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL DELHI BENCH E, NEW DELHI BEFORE SH. R.K PANDA, ACCOUNTANT MEMBER AND SHRI KULDIP SINGH, JUDICIAL MEMBER ITA NO.7005/DEL/2017 ASSESSMENT YEAR: 2013-14 M/S. NAVEEN ELECTRICALS, 149- A, OLD DELHI, CHUNGI, DELHI ROAD, MEERUT PAN NO.AABFN2263M VS PRINCIPAL COMMISSIONER OF INCOME TAX, MEERUT (APPELLANT) (RESPONDENT) APPELLANT BY SH. P. C. YADAV, ADVOCATE RESPONDENT BY MS. RINKU SINGH, SR. DR DATE OF HEARING: 06 /0 3 /201 9 DATE OF PRONOUNCEMENT: 06/03/2019 ORDER PER R.K. PANDA, AM: 1. THIS APPEAL FILED BY THE ASSESSEE IS DIRECTED AGAIN ST THE ORDER DATED 11.10.2017 PASSED U/S 263 OF THE I. T. ACT 1961 BY THE PCIT, MEERUT RELATING TO A. Y. 2013-14. 2. THE LD. COUNSEL FOR THE ASSESSEE AT THE OUTSET F ILED AN APPLICATION REQUESTING THE PERMISSION OF THE BENCH TO WITHDRAW THE APPEAL FILED BY THE ASSESSEE BY MENTIONING AS U NDER :- THE AFORESAID APPEAL OF THE ASSESSEE RELATES TO AY 2013-14. THE ASSESEE HAS CHALLENGED THE ORDER OF THE PR. CIT PASSED UNDER SECTION 263 VIDE ORDER DATED 11.10.2017. IT IS SUBM ITTED THAT PURSUANT TO THAT ORDER THE AO HAS AGAIN FRAMED THE ASSESSMENT UNDER SECTION 143 (3) READ WITH SECTION 263, VIDE O RDER DATED 28.12.2018. IT IS SUBMITTED THAT THE AO, AFTER THOR OUGHLY EXAMINING THE MATTER, HAS MADE AN ADDITION OF RS.1,00,000/- ONL Y FOR WHICH ITA NO.7005/DEL/2017 2 ASSESSEE HAS ALREADY FILED APPEAL BEFORE THE CIT(A) . THEREFORE, IN VIEW OF THIS SUBSEQUENT DEVELOPMENT THE UNDERSIGNED ON INSTRUCTION OF THE ASSESEE WANTS TO WITHDRAW THIS APPEAL. 3. IN VIEW OF THE ABOVE SUBMISSION OF THE LD. COUNS EL FOR THE ASSESSEE AND IN ABSENCE OF ANY OBJECTION FROM THE S IDE OF THE LD DR, THE APPEAL FILED BY THE ASSESSEE IS DISMISSED A S WITHDRAWN. 4. IN THE RESULT THE APPEAL FILED BY THE ASSESEE IS DISMISSED. ORDER PRONOUNCED IN THE OPEN COURT AT THE TIME OF H EARING ITSELF I.E ON 06.03.2019. SD/- SD/- (KULDIP SINGH) (R.K PANDA) JUDICIAL MEMBER ACCOUNTA NT MEMBER *NEHA* DATE:- 06.03.2019 COPY FORWARDED TO: 1. APPELLANT 2. RESPONDENT 3. CIT 4. CIT(APPEALS) 5. DR: ITAT ASSISTANT REGISTRAR ITAT NEW DELHI DATE OF DICTATION 05.03.2019 DATE ON WHICH THE TYPED DRAFT IS PLACED BEFORE THE DICTATING MEMBER DATE ON WHICH THE APPROVED DRAFT COMES TO THE SR.PS/PS DATE ON WHICH THE FAIR ORDER IS PLACED BEFORE THE DICTATING MEMBER FOR PRONOUNCEMENT DATE ON WHICH THE FAIR ORDER COMES BACK TO THE SR. PS/ PS DATE ON WHICH THE FINAL ORDER IS UPLOADED ON THE WEBSITE OF ITAT 07.03.2019 DATE ON WHICH THE FILE GOES TO THE BENCH CLERK DATE ON WHICH FILE GOES TO THE HEAD CLERK. THE DATE ON WHICH FILE GOES TO THE ASSISTANT REGIST RAR FOR SIGNATURE ON THE ORDER DATE OF DISPATCH OF THE ORDER