M/s P. C. Chandra & Sons (India) Pvt. Ltd., Kolkata V. CIT, KOLKATA-1, Kolkata

ITA 722/KOL/2014

• Counselvise Citation: 72223514 RSA 2014
• Duration Of Justice: 1 year(s) 2 month(s) 28 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 20-07-2015
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: A
• Assessment Year: 2009-2010
• Appeal Filed On: 22-04-2014
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: S SRIVASTAVA NIRAJ KUMAR; DR A K BAR CITS DRS
• Assessee Lawyers: S K TULSIYAN
• Section: 263

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL KOLKATA BENCHES : B : KOLKATA BEFORE SHRI R.S. SYAL, AM & SHRI N.V. VASUDEVAN, JM ITA NO.722/KOL/2014 ASSESSMENT YEAR : 2009-10 M/S P.C. CHANDRA & SONS (INDIA ) PVT. LTD., 127/A, B.B. GANGULY STREET, KOLKATA 700 012. PAN: AABCP5796 VS. COMMISSIONER OF INCOME TAX, KOLKATA-I, AAYAKAR BHAWAN, P-7, CHOWRINGHEE SQUARE, KOLKATA 700 069. (APPELLANT) (RESPONDENT) ASSESSEE BY : SHRI S.K. TULSIYAN, ADVOCATE DEPARTMENT BY : S/SHRI S. SRIVASTAVA, NIRAJ KUMAR & DR. A.K. BAR, CITS, DRS. DATE OF HEARING : 20.07.2015 DATE OF PRONOUNCEMENT : 20.07.2015 ORDER PER BENCH: THIS APPEAL BY THE ASSESSEE ARISES OUT OF THE ORDE R PASSED BY THE CIT, KOLKATA-I, KOLKATA ON 20.03.2014 U/S 263 OF TH E INCOME TAX ACT, 1961 (HEREINAFTER CALLED THE ACT). ITA NO.722/KOL/2014 2 2. AT THE TIME OF HEARING, THE LD. REPRESENTATIVE O F THE ASSESSEE, VIDE HIS LETTER DATED 11 TH JUNE, 2015, PLACED ON RECORD, SUBMITS THAT THE ASSESSEE WANTS TO WITHDRAW THE CAPTIONED APPEAL AS IN PURSUANCE OF THE ORDER OF THE CIT-I, KOLKATA, SET ASIDE ASSESSMENT W AS RECOMPLETED VIDE ORDER DATED 31.03.2015, WHEREIN THE INCOME ASSESSED IN THE ORIGINAL ASSESSMENT HAS BEEN AGAIN ACCEPTED. 3. THE LD. DR HAS NO OBJECTION TO THE ASSESSEE WITH DRAWING ITS APPEAL. 4. IN VIEW OF THE ABOVE, WE ALLOW THE ASSESSEE TO W ITHDRAW ITS APPEAL. 5. IN THE RESULT, THE APPEAL IS DISMISSED AS WITHDR AWN. THE ORDER PRONOUNCED IN THE OPEN COURT ON 20.07.201 5. SD/- SD/- [N.V. VASUDEVAN] [R.S. SYAL] JUDICIAL MEMBER ACCOUNTANT MEMBER DATED, 20 TH JULY, 2015. DK ITA NO.722/KOL/2014 3 COPY FORWARDED TO: 1. APPELLANT 2. RESPONDENT 3. CIT 4. CIT (A) 5. DR, ITAT AR, ITAT, NEW DELHI.