EON AVIATION P.LTD, PUNE V. CIT 5, MUMBAI

ITA 7726/MUM/2014

• Counselvise Citation: [2017] 126 COUNSELVISE.COM (IT) 9620 (ITAT-MUMBAI)
• Duration Of Justice: 2 year(s) 8 month(s) 26 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 22-09-2017
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: E
• Next Hearing Date: 24-07-2017
• Assessment Year: 2010-2011
• Appeal Filed On: 26-12-2014
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: V JUSTIN
• Section: 143(3); 263

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL MUMBAI BENCH E, MUMBAI BEFORE SHRI G.S.PANNU, ACCOUNTANT MEMBER AND SHRI RAM LAL NEGI, JUDICIAL MEMBER ITA NO. 7726/MUM/2014 (ASSESSMENT YEAR 2010-11) M/S. EON AVIATION PVT. LTD., TOWER E TECH PARK -1, SR.NO.191,YERWADA, PUNE 411 006 PAN: AABCE 8158R ...... APPELLANT VS. THE COMMISSIONER OF INCOME TAX -5, AAYKAR BHAVAN,M.K.ROAD, MUMBAI 400 020 ...... RESPONDENT APPELLANT BY : WITHDRAWAL LETTER DATED 14/09/17 RESPONDENT BY : SHRI V. JUSTIN DATE OF HEARING : 21/09/2017 DATE OF PRONOUNCEMENT : 22/09/2017 ORDER PER G.S.PANNU,A.M: THE CAPTIONED APPEAL FILED BY THE ASSESSEE PERTAI NING TO ASSESSMENT YEAR 2010-11 IS DIRECTED AGAINST AN ORD ER PASSED UNDER SECTION 263 OF THE INCOME TAX ACT, 1961 (IN SHORT THE ACT) BY CIT -5, MUMBAI DATED 19/11/2014, WHICH IN TURN ARISES OUT OF AN ORDER PASSED BY THE ASSESSING OFFICER UNDER SECTION 143(3) DAT ED 30/03/2013. 2. THE LD. REPRESENTATIVE FOR THE ASSESSEE VIDE L ETTER DATED 14 TH SEPTEMBER, 2017 HAS INFORMED THAT THE ASSESSEE DOES NOT WISH TO 2 ITA NO. 7726/MUM/2014 (ASSESSMENT YEAR 2010-11) PURSUE THIS APPEAL BEFORE THE TRIBUNAL AS IT HAS BE COME INFRUCTUOUS CONSEQUENT TO THE ACTION TAKEN BY THE ACIT-5(1)(2), MUMBAI BY PASSING THE ORDER UNDER SECTION 143(3) R.W.S. 263 OF THE AC T DATED 11 TH JANUARY, 2016. 3. LD. DEPARTMENTAL REPRESENTATIVE FOR THE REVENUE HAS NO OBJECTION TO THE AFORESAID REQUEST OF THE ASSESSEE. 4. ACCORDINGLY, THE APPEAL OF THE ASSESSEE IS DISMI SSED AS WITHDRAWN. ORDER PRONOUNCED IN THE OPEN COURT ON 22/09/2017. SD/- SD/- (RAM LAL NEGI) (G.S. PANNU) JUDICIAL MEMBER ACCOCUNTANT MEMBER MUMBAI, DATED 22/09/2017 VM , SR. PS COPY OF THE ORDER FORWARDED TO : 1. THE APPELLANT , 2. THE RESPONDENT. 3. THE CIT(A)- 4. CIT 5. DR, ITAT, MUMBAI 6. GUARD FILE. BY ORDER, //TRUE COPY// (DY./ASSTT. REGISTRAR) ITAT, MUMBAI