Nava Bharat Ventures Limited, Hyderabad V. JCIT, Range-16, Hyderabad

ITA 733/HYD/2013

• Counselvise Citation: [2014] 140 COUNSELVISE.COM (IT) 74723 (ITAT-HYDERABAD)
• Duration Of Justice: 10 month(s) 13 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 26-03-2014
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: A
• Assessment Year: 2007-2008
• Appeal Filed On: 13-05-2013
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: P SOMASEKHAR REDDY
• Assessee Lawyers: V SIVA KUMAR

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL HYDERABAD A BENCH, HYDERABAD BEFORE SHRI B. RAMAKOTAIAH, ACCOUNTANT MEMBER AND SMT. ASHA VIJAYARAGHAVAN, JUDICIAL MEMBER ITA.NO.733/HYD/2013 ASSESSMENT YEAR 2007-2008 NAVA BHARAT VENTURES LTD., HYDERABAD-082. PAN AAACN 7327C VS. JCIT, RANGE 16 HYDERABAD (APPELLANT (RESPONDENT) FOR ASSESSEE : MR. V. SIVAKUMAR FOR REVENUE : MR. P. SOMASEKHAR REDDY DATE OF HEARING : 25.03.2014 DATE OF PRONOUNCEMENT : 25.03.2014 ORDER PER B. RAMAKOTAIAH, A.M. DURING THE COURSE OF HEARING OF THE APPEAL, THE LD . COUNSEL FILED LETTER DATED 25 TH MARCH, 2014 FROM THE ASSESSEE WITH A REQUEST TO WITHDRAW ITS APPEAL TO WHICH, LEA RNED D.R. HAS NO OBJECTION. WE, THEREFORE, DISMISS THE APPEAL AS WITHDRAWN. ORDER PRONOUNCED IN THE OPEN COURT ON 25.03.2014. SD/- SD/- (ASHA VIJAYARAGHAVAN) (B.RAMAKOTAIAH) JUDICIAL MEMBER ACCOUNTANT MEMBER HYDERABAD DATED 25 TH MARCH, 2014 VBP/- 2 ITA.NO.733/HYD/2013 NAVA BHARAT VENTURES LTD. HYDERABAD COPY TO 1. NAVA BHARAT VENTURES LTD., 6-3-1109/1, RAJ BHAVAN ROAD, SOMAJIGUDA, HYDERABAD-082. 2. JCIT, RANGE 16, HYDERABAD. 3. CIT-IV, HYDERABAD 4. ADDL. CIT, RANGE-16, HYDERABAD 5. D.R. ITAT, A BENCH, HYDERABAD.