Indukuri Sundari, Hyd, Hyderabad V. ACIT, Central Cirlce-3, Hyderabad

ITA 858/HYD/2012

• Counselvise Citation: [2014] 140 COUNSELVISE.COM (IT) 74488 (ITAT-HYDERABAD)
• Duration Of Justice: 1 year(s) 7 month(s) 20 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 20-01-2014
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: A
• Assessment Year: 2008-2009
• Appeal Filed On: 30-05-2012
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: P SOMASEKHAR REDDY
• Section: 153A; 263

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL HYDERABAD BENCHES A : HYDERABAD BEFORE SHRI B.RAMAKOTAIAH, ACCOUNTANT MEMBER AND SHRI SAKTIJIT DEY, JUDICIAL MEMBER ITA.NO.858/HYD/2012 ASSESSMENT YEAR 2008-2009 INDUKURI SUNDARI HYDERABAD PAN AAKPI8049P VS. ACIT, CENTRAL CIRCLE 3 HYDERABAD. (APPELLANT) (RESPONDENT) FOR ASSESSEE : MR. MOHD. AFZAL FOR REVENUE : MR. P. SOMASEKHAR REDDY DATE OF HEARING : 20.01.2014 DATE OF PRONOUNCEMENT : 20.01.2014 ORDER PER B. RAMAKOTAIAH, A.M. THIS APPEAL BY THE ASSESSEE IS DIRECTED AGAINST THE ORDER OF THE COMMISSIONER OF INCOME TAX PASSED UNDER SECTION 263 OF THE I.T. ACT FOR THE ASSESSMENT YEAR 2008-2009. 2. DURING THE COURSE OF HEARING, THE LEARNED COUNSEL FILED LETTER DATED 20.01.2014 REQUESTING FOR WITHDRAWAL OF THE APPEAL ON THE REASON THAT THE SUBJECT ASSESSMENT YEAR IS ALSO COVERED BY PROCEEDING UNDER SECTION 153A CONSEQUENT TO SEARCH THAT TOOK PLACE IN THE MONTH OF JUNE, 2012. THE LEARNED D.R. HAS NO OBJECTION. WE, THEREFORE, PERMIT THE ASSESSEE TO WITHDRAW ITS APPEAL. ACCORDINGLY, THE APPEAL IS DISMISSED AS WITHDRAWN. 3. IN THE RESULT, APPEAL OF THE ASSESSEE IS DISMISSED AS WITHDRAWN. ORDER PRONOUNCED IN THE OPEN COURT ON 20.01.2014. 2 ITA.NO.858/HYD/2012 INDUKURI SUNDARI, HYDERABAD. SD/- SD/- (SAKTIJIT DEY) (B. RAMAKOTAIAH) JUDICIAL MEMBER ACCOUNTANT MEMBER HYDERABAD, DATE 20 TH JANUARY, 2014 VBP/- COPY TO : 1. INDUKURI SUNDARI, PLOT NO.973/A, ROAD NO.49, JUBILEE HILLS, HYDERABAD, C/O. MOHD. AFZAL, ADVOCATGE, 11-5-465, SHERSONS RESIDENCY, FLAT NO. 402, CRIMINAL COURT ROAD, RED HILLS, HYDERABAD 500 004. 2. ACIT, CENTRAL CIRCLE-3, HYDERABAD. 3. CIT(CENTRAL), 7 TH FLOOR, AAYAKAR BHAVAN, BASHEERBAGH, HYDERABAD 4. ADDL.CIT, CENTRAL RANGE-2, HYDERABAD 5. D.R. ITAT A BENCH, HYDERABAD.