Sh.Akhil Malhotra C/O, Ludhiana V. Deputy Commissioner of Income Tax, Ludhiana

ITA 850/CHANDI/2016

• Counselvise Citation: [2017] 127 COUNSELVISE.COM (IT) 6711 (ITAT-CHANDIGARH)
• Duration Of Justice: 1 year(s) 3 month(s) 17 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 31-10-2017
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: Not Allotted
• Next Hearing Date: 09-02-2017
• Assessment Year: 2009-2010
• Appeal Filed On: 13-07-2016
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: GULSHAN RAI

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL DIVISION BENCH A, CHANDIGARH BEFORE SHRI SANJAY GARG, JUDICIAL MEMBER AND DR. B.R.R. KUMAR, ACCOUNTANT MEMBER ITA NO. 850/CHD/2016 ASSESSMENT YEAR : 2009-10 SH. AKHIL MALHOTRA, VS. THE DCIT, C/O M/S SHIVA TEXFABS LTD., CENTRAL CIRCLE-III, LUDHIANA LUDHIANA PAN NO. AJRPM5064G (APPELLANT) (RESPONDENT) APPELLANT BY : SHRI SUDHIR SEHGAL RESPONDENT BY : SH. GULSHAN RAI DATE OF HEARING : 31.10.2017 DATE OF PRONOUNCEMENT : 31.10.2017 ORDER PER SANJAY GARG, JUDICIAL MEMBER: THE PRESENT APPEAL HAS BEEN PREFERRED BY THE ASSESS EE AGAINST THE ORDER DATED 26.04.2016 OF THE COMMISSIONER OF I NCOME TAX (APPEALS)-5 [HEREINAFTER REFERRED TO AS CIT(A)], LU DHIANA. 2. IN THE CONTEXT OF ABOVE APPEAL, THE LD. COUNSEL FOR THE ASSESSEE HAS SUBMITTED ON TODAY I.E. 31.10.2017 THAT HE DOES NOT WANT TO PURSUE THE APPEAL AND INTENDS TO WITHDRAW THE SAME. HE HAS GIVEN HIS REMARKS ON THE MEMO OF GROUNDS OF APPEAL TO THIS EF FECT AS APPEAL IS WITHDRAWN. THE LD. DR HAS NO OBJECTION FOR THE S AID WITHDRAWAL. 2 3. IN VIEW OF THE ABOVE, WE GRANT PERMISSION TO TH E ASSESSEE TO WITHDRAW THE APPEAL. CONSEQUENTLY, THE APPEAL OF T HE ASSESSEE IS HEREBY DISMISSED AS WITHDRAWN ORDER PRONOUNCED IN THE OPEN COURT ON 31.10.2017 SD/- SD/- (B.R.R.KUAMR) (SANJAY GARG) ACCOUNTANT MEMBER JUDICIAL MEMBER DATED : 31.10.2017 RKK COPY TO: THE APPELLANT THE RESPONDENT THE CIT THE CIT(A) THE DR