M/sKaur Sain Mittal Synthetics Ltd., Ludhiana V. Pr. CIT-3, Ludhiana

ITA 846/CHANDI/2019

• Counselvise Citation: [2020] 111 COUNSELVISE.COM (IT) 5066 (ITAT-CHANDIGARH)
• Duration Of Justice: 8 month(s) 7 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 05-02-2020
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: A
• Assessment Year: 2014-2015
• Appeal Filed On: 29-05-2019
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: C CHANDRAKANTA CIT DR
• Section: 263

Judgement Text

, , IN THE INCOME TAX APPELLATE TRIBUNAL, CHANDIGARH BE NCH A, CHANDIGARH .., !' '# $, % &' BEFORE: SHRI. N.K.SAINI, VP & SHRI , SANJAY GARG, J M ITA NO. 846/CHD/2019 ASSESSMENT YEAR : 2014-15 M/S KAUR SAIN MITTAL SYNTHETICS LTD. 644-B, BLOCK, AGGAR NAGAR LUDHIANA, PUNJAB PR. CIT - 3 RISHI NAGAR LUDHIANA- PUNJAB PAN NO: AAECK3518N APPELLANT RESPONDENT !' ASSESSEE BY : NONE (WITHDRAW APPLICATION) #!' REVENUE BY : SMT. C. CHANDRAKANTA, (CIT DR) $ %! & DATE OF HEARING : 05/02/2020 '()*! & DATE OF PRONOUNCEMENT : 05/02/2020 &(/ ORDER PER N.K. SAINI, VICE PRESIDENT THIS IS AN APPEAL BY THE ASSESSEE AGAINST THE ORDER DT. 29/03/2019 OF LD. PR. CIT(A)-3, LUDHIANA. 2. FOLLOWING GROUNDS HAVE BEEN RAISED IN THIS APPEAL: 1. THAT ORDER PASSED U/S 263 OF THE INCOME TAX ACT, 1961 BY THE LEARNED PRINCIPAL COMMISSIONER OF INCOME TAX-3, LUDHIANA IS AGAINST L AW AND FACTS ON THE FILE IN AS MUCH HE WAS NOT JUSTIFIED TO HOLD THAT THE IMPUGNED ASSESSMENT ORDER DATED 30.12.2016 WAS ERRONEOUS IN AS MUCH AS JUDICIAL TO THE INTEREST OF REVENUE. 2. THAT THE LEARNED PR. CIT WAS NOT JUSTIFIED TO HO LD THE IMPUGNED ORDER TO BE ERRONEOUS IN AS MUCH AS PREJUDICIAL TO THE INTEREST OF THE REVENUE ON THE GROUND THAT DETAILED AND DEEP ENQUIRIES WERE NOT MADE ON VARIOUS ISSUES BEFORE AC CEPTING THE CLAIM OF THE APPELLANT BY THE LEARNED ASSESSING OFFICER WHILE FRAMING THE IMPUGNE D ORDER. 3. DURING THE COURSE OF HEARING THE LD. COUNSEL FOR TH E ASSESSEE SUBMITTED THAT HE HAS THE INSTRUCTIONS TO WITHDRAW THIS APPEAL AND FURNISH ED THE APPLICATION WHICH READS AS UNDER: SUB : REQUEST FOR PERMISSION TO WITHDRAW APPEAL N O. 846/CHANDI/2019 IN THE CASE OF M/S KAUR SAIN MITTAL SYNTHETICS LIMITED, LUDHIANA FOR A /Y 2014-15 SIR, RESPECTFULLY IT IS PRAYED THAT THE APPELLANT MAY KI NDLY BE GRANTED PERMISSION TO WITHDRAW THE ABOVE CAPTIONED APPEAL FIXED FOR HEARING BEFORE THE HON'BLE BENCH FOR 05.02.2020. 2 THANKING YOU, YOURS FAITHFULLY, SD/- (ASHWANI KUMAR) C.A. COUNSEL FOR THE APPELLANT 4. LD. DR DID NOT OBJECT IF THE APPEAL OF THE ASSESSEE IS DISMISSED AS WITHDRAWN. 5. IN VIEW OF THE ABOVE THE APPEAL OF THE ASSESSEE IS D ISMISSED AS WITHDRAWN. 6. IN THE RESULT, APPEAL OF THE ASSESSEE IS DISMISSED. (ORDER PRONOUNCED IN THE OPEN COURT ON 05/02/2020) SD/- SD/- '# $ .., (SANJAY GARG ) ( N.K. SAI NI) % &'/ JUDICIAL MEMBER / VICE PRESIDENT AG DATE: 05/02/2020 (+! ,-.- COPY OF THE ORDER FORWARDED TO : 1. THE APPELLANT 2. THE RESPONDENT 3. $ / CIT 4. $ / 01 THE CIT(A) 5. -2 45&456789 DR, ITAT, CHANDIGARH 6. 8:% GUARD FILE (+ $ BY ORDER, ; # ASSISTANT REGISTRAR