Shyam Media Services Pvt. Ltd., Kolkata V. CIT, KOLKATA-1I, Kolkata

ITA 842/KOL/2014

• Counselvise Citation: 84223514 RSA 2014
• Duration Of Justice: 1 year(s) 2 month(s) 14 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 16-07-2015
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: B
• Assessment Year: 2009-2010
• Appeal Filed On: 02-05-2014
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: DR ADHIR KUMAR BAR
• Assessee Lawyers: AKKAL DUDHWEWALA ACA
• Keywords: Revision of order
• 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.842/KOL/2014 ASSESSMENT YEAR : 2009-10 SHYAM MEDIA SERVICES PVT. LTD., 204, AJC BOSE ROAD, 1 ST FLOOR, KOLKATA 700 001. PAN: AAMCS5274P VS. COMMISSIONER OF INCOME TAX, KOLKATA-II, P-7, CHOWRINGHEE SQUARE, AAYAKAR BHAWAN, KOLKATA 700 069. (APPELLANT) (RESPONDENT) ASSESSEE BY : SHRI AKKAL DUDHWEWALA, ACA DEPARTMENT BY : DR. ADHIR KUMAR BAR, CIT, DR DATE OF HEARING : 16.07.2015 DATE OF PRONOUNCEMENT : 16.07.2015 ORDER PER R.S. SYAL, AM: THIS APPEAL BY THE ASSESSEE ARISES OUT OF THE ORDE R PASSED BY THE CIT, KOLKATA-II, KOLKATA ON 05.03.2014 U/S 263 OF T HE INCOME TAX ACT, 1961. ITA NO.842/KOL/2014 2 2. AT THE TIME OF HEARING, THE LD. AUTHORIZED REPRE SENTATIVE OF THE ASSESSEE PLACED ON RECORD A LETTER DATED 16 TH JULY, 2015 FROM THE DIRECTOR OF THE ASSESSEE COMPANY STATING THEREIN THAT THE AS SESSEE COMPANY HAD ALREADY PARTICIPATED IN THE ASSESSMENT PROCEEDINGS EMANATED FROM THE ORDER OF THE CIT, AGAINST WHICH AN APPEAL HAS BEEN PREFERRED BEFORE THE TRIBUNAL AND THE MATTER IS NOW PENDING BEFORE THE S ETTLEMENT COMMISSION. IT WAS ALSO SUBMITTED THAT THE ASSESEE MAY, THEREFORE, BE ALLOWED TO WITHDRAW ITS APPEAL BEFORE THE TRIBUNAL. 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 16.07.201 5. SD/- SD/- [N.V. VASUDEVAN] [R.S. SYAL] JUDICIAL MEMBER ACCOUNTANT MEMBER DATED, 16 TH JULY, 2015. ITA NO.842/KOL/2014 3 DK COPY FORWARDED TO: 1. APPELLANT 2. RESPONDENT 3. CIT 4. CIT (A) 5. DR, ITAT AR, ITAT, NEW DELHI.