Balubhai Baranbhai Babariya, Surat V. Pr. CIT, Surat 1, Surat

ITA 74/SRT/2022

AI Insights

The case involved an appeal by Balubhai Naranbhai Babariya against an order passed by the Principal Commissioner of Income Tax, Surat-1, under section 263 of the Income Tax Act, 1961. The appeal was heard by the Income Tax Appellate Tribunal, Surat Bench. During the proceedings, the assessee's counsel announced the decision not to press the appeal, which was not objected to by the Departmental Representative. As a result, the tribunal dismissed the appeal as withdrawn without further proceedings.

• Counselvise Citation: [2023] 140 COUNSELVISE.COM (IT) 301963 (ITAT-SURAT)
• Duration Of Justice: 1 year(s) 5 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 09-04-2023
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: DB
• Next Hearing Date: 09-04-2023
• Assessment Year: 2017-2018
• Appeal Filed On: 04-04-2022
• Laws Referred To: Income Tax Act, 1961
• Result in Favour of: Revenue
• Court: TRIBUNAL

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL, SURAT BENCH, SURAT BEFORE SHRI PAWAN SINGH, JM & DR. A. L. SAINI, AM आयकरअपीलसं./ITA No.74/SRT/2022 (Ǔनधा[रणवष[ / Assessment Year: (2017-18) (Virtual Hearing) Balubhai Naranbhai Babariya, A-201, Panchratna Apartment, Opp. Affile Tower, L. H. Road, Surat – 395006. Vs. The PCIT, Surat -1 èथायीलेखासं./जीआइआरसं./PAN/GIR No.: AAYPB8562A (Appellant) (Respondent) Appellant by : Shri Ashwin K. Parekh, CA Respondent by : Shri Ashok B. Koli, CIT(DR) स ु नवाईकȧतारȣख/ Date of Hearing : 10/04/2023 घोषणाकȧतारȣख/Date of Pronouncement : 10/04/2023 आदेश / O R D E R PER Dr. A. L. SAINI, ACCOUNTANT MEMBER: The present appeal is preferred by the assessee challenging the impugned order dated 29.03.2022, passed by the learned Principal Commissioner of Income Tax, Surat-1 [in short “the PCIT”], under section 263 of the Income Tax Act, 1961 [hereinafter referred to as “the Act”]. 2. Before us, the Learned Counsel, Shri Ashwin K. Parekh, on behalf of the assessee, submitted that assessee did not wish to press this appeal, to which, the learned Departmental Representative (in short the “the ld. DR”) did not raise any objection. Consequently, we treat this appeal as withdrawn. Page | 2 ITA No.74/SRT/2022 Balubhai Naranbhai Babariya 3. In the result, the appeal of the assessee (in ITA No.74/SRT/2022 for AY.2017-18) is dismissed as withdrawn. Order is pronounced on 10/04/2023 in the open court. Sd/- Sd/- (PAWAN SINGH) (Dr. A.L. SAINI) JUDICIAL MEMBER ACCOUNTANT MEMBER lwjr /Surat Ǒदनांक/ Date: 10/04/2023 SAMANTA Copy of the Order forwarded to: 1. The Assessee 2. The Respondent 3. The CIT(A) 4. Pr.CIT 5. DR/AR, ITAT, Surat 6. Guard File By Order // TRUE COPY // Assistant Registrar/Sr. PS/PS ITAT, Surat