M/S CAPLIN POINT LABORATORIES LTD, CHENNAI V. DCIT CORPORATE CIRCLE 1 (3), CHENNAI

ITA 846/CHNY/2018

• Counselvise Citation: [NaN] 107 COUNSELVISE.COM (IT) 2031 (ITAT-CHENNAI)
• Duration Of Justice: 3 year(s) 11 month(s) 24 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 03-03-2022
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: D
• Assessment Year: 2002-2003
• Appeal Filed On: 09-03-2018
• Result in Favour of: Partly Allowed
• Court: TRIBUNAL
• Assessee Lawyers: R. VIJARAGHAVAN
• Section: 32; 147; 131; 68; 246; 69; 145; 27; 148; 54; 37; 6; 56; 263; 63; 132; 12; 28; 144; 10; 90; 154; 2; 11; 15; 271(1)(b); 139; 92

Judgement Text

आयकर अपीलीय अिधकरण, ‘डी’ ᭠यायपीठ, चे᳖ई IN THE INCOME TAX APPELLATE TRIBUNAL ‘D’ BENCH, CHENNAI Įी महावीर ͧसंह, उपाÚय¢ एवं Įी ͬगरȣश अĒवाल, लेखा सदèय के सम¢ BEFORE SHRI MAHAVIR SINGH, VICE PRESIDENTAND SHRI GIRISH AGRAWAL, ACCOUNTANT MEMBER आयकर अपील सं./ITA No.: 846/CHNY/2018 िनधाᭅरण वषᭅ /Assessment Year: 2002-03 M/s. Caplin Point Laboratories Ltd., INARBAVI, No.3, Lakshmanan Street, T.Nagar, Chennai – 600 017. PAN: AABCC 2667F v. The DCIT, Corporate Circle-1(3), Chennai – 34. (अपीलाथᱮ/Appellant) (ᮧ᭜यथᱮ/Respondent) अपीलाथᱮ कᳱ ओर से/Appellant by : Shri R. Vijaraghavan, Advocate ᮧ᭜यथᱮ कᳱ ओर से/Respondent by : Shri G. Johnson, Addl.CIT स ु नवाई कȧ तारȣख/Date of Hearing : 03.03.2022 घोषणा कȧ तारȣख/Date of Pronouncement : 03.03.2022 आदेश /O R D E R PER MAHAVIR SINGH, VP: This appeal by assessee is arising out of order by learned Commissioner of Income Tax (Appeals)-1, Chennai in ITA No.2/CIT(A)-1/2005-06, dated 29.12.2017. The assessment was framed by the ACIT, Company Circle 1(3), Chennai for assessment 2 I.T.A. Nos.846/Chny/2018 year 2002-03 u/s.143(3)(ii) of the Income Tax Act, 1961 (hereinafter ‘the Act’), vide order dated 16.03.2005. 2. At the outset, the ld.counsel for the assessee stated that he has filed petition for withdrawal of this appeal without conceding on merits of appeal. When this was pointed out to ld. Senior DR, he has not raised any objection for withdrawal of appeal. Hence, we dismiss the appeal as withdrawn. 3. In the result, the appeal filed by the assessee is dismissed as withdrawn. Order pronounced in the open court on 3 rd March, 2022 at Chennai. Sd/- Sd/- (िगरीश अᮕवाल) (GIRISH AGRAWAL) लेखा सद᭭य /ACCOUNTANT MEMBER (महावीर ᳲसह ) (MAHAVIR SINGH) उपा᭟यᭃ /VICE PRESIDENT चे᳖ई/Chennai, ᳰदनांक/Dated, the 3 rd March, 2022 RSR आदेश कᳱ ᮧितिलिप अᮕेिषत/Copy to: 1. अपीलाथᱮ/Appellant 2. ᮧ᭜यथᱮ/Respondent 3. आयकर आयुᲦ (अपील)/CIT(A) 4. आयकर आयुᲦ /CIT 5. िवभागीय ᮧितिनिध/DR 6. गाडᭅ फाईल/GF.