Petla Jagannadh, Hyderabad V. Asst. Commissioner of Income Tax, Circle-14(1), Hyderabad

ITA 826/Hyd/2018

• Counselvise Citation: [2022] 106 COUNSELVISE.COM (IT) 0598 (ITAT-HYDERABAD)
• Duration Of Justice: 3 year(s) 8 month(s) 1 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 04-01-2022
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: DB-B
• Assessment Year: 2007-2008
• Appeal Filed On: 03-05-2018
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: ROHIT MAJUMDAR

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL Hyderabad ‘ B ‘ Bench, Hyderabad (Through Video Conferencing) Before Shri S.S. Godara, Judicial Member AND Shri Laxmi Prasad Sahu, Accountant Member O R D E R Per S. S. Godara, J.M. This assessee’s appeal for A.Y. 2007-08 arises from the Commissioner of Income Tax (Appeals) - 6, Hyderabad’s order dated 17.01.2018 in ITA No.10391/2016-17/A3/CIT(A)-6, involving proceedings u/s. 143 r.w.s. 254 of the Income Tax Act, 1961 [in short, ‘the Act’]. Heard both parties. Case file perused. 2. Learned authorized representative submits at the outset that the assessee no more wishes to press for the instant appeal as the Assessing Officer has already granted him the necessary relief in consequential proceedings. The Revenue is fair enough in not contesting the assessee’s averments. We thus accept the assessee’s prayer to withdraw the instant appeal. ITA No.826/Hyd/2018 Assessment Year: 2007-08 Shri Petla Jagannadh, Hyderabad. PAN : AEKPP2273E. Vs. The Asst.Commissioner of Income Tax, Circle – 14(1), Hyderabad. (Appellant) (Respondent) Assessee by: Shri A. Srinivas. Revenue by : Shri Rohit Majumdar Date of hearing: 03.01.2022 Date of pronouncement: 05.01.2022 ITA No.826/Hyd/2018 2 3. This assessee’s appeal is dismissed as withdrawn in above terms. Order pronounced in the Open Court on 5 th January, 2022. Sd/- Sd/- (LAXMI PRASAD SAHU) ACCOUNTANT MEMBER (S.S. GODARA) JUDICIAL MEMBER Hyderabad, dated 5 th January, 2022. TYNM/sps Copy to: S.No Addresses 1 Sri Petla Jagannadh, H.No.8-2-293/82/A/623/1, Road No.34, Jubilee Hills, Hyderabad – 500 033. 2 The Asst. Commissioner of Income Tax, Circle – 14(1), Hyderabad. 3 CIT (A) - 6, Hyderabad 4 Pr.CIT – 6, Hyderabad 5 DR, ITAT Hyderabad Benches 6 Guard File By Order