M/s Bhandary Industrial Metals (P) Limited, Miramar, Panaji V. The Joint Commissioner of Income Tax, Range - 1, Panaji

ITA 86/PAN/2020

AI Insights

The case involved M/s. Bhandary Industrial Metals (P) Limited, the appellant, who filed an appeal against the order of the Commissioner of Income Tax (Appeals), Panaji-Goa, for the assessment year 2000-01. The appeal was heard by the Income Tax Appellate Tribunal, Panaji Bench. During the proceedings, the appellant submitted a letter seeking permission to withdraw the appeal, citing the inability to locate evidence to support their case. The Department Representative did not object to this withdrawal. Consequently, the tribunal granted permission for the withdrawal and dismissed the appeal accordingly.

• Counselvise Citation: [2023] 140 COUNSELVISE.COM (IT) 136963 (ITAT-PANAJI)
• Duration Of Justice: 2 year(s) 7 month(s) 22 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 21-08-2023
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: DB
• Assessment Year: 2000-2001
• Appeal Filed On: 30-12-2020
• Result in Favour of: Revenue
• Court: TRIBUNAL

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL PANAJI BENCH, PANAJI – VIRTUAL COURT BEFORE SHRI INTURI RAMA RAO, ACCOUNTANT MEMBER AND SHRI PARTHA SARATHI CHAUDHURY, JUDICIAL MEMBER आयकर अपील सं. / ITA No.86/PAN/2020 िनधाᭅरण वषᭅ / Assessment Year : 2000-01 M/s. Bhandary Industrial Metals (P) Limited, G-1, Oceanic Apartments, Miramar, Panaji, Goa. PAN : AAACB7726P Vs. JCIT, Range-1, Panaji. Appellant Respondent आदेश / ORDER PER INTURI RAMA RAO, AM: This is an appeal filed by the assessee directed against the order of ld. Commissioner of Income Tax (Appeals), Panaji-Goa [‘the CIT(A)’] dated 01.03.2004 for the assessment year 2000-01. 2. When the matter had come up for hearing, the appellant filed a letter seeking permission to withdraw the above captioned appeal on the ground that the appellant could not find the evidences to substantiate the case. Assessee by : Shri Srinivas Kamath Revenue by : Shri N. Shrikanth Date of hearing : 16.08.2023 Date of pronouncement : 22.08.2023 ITA No.86/PAN/2020 2 3. On the other hand, the ld. Department Representative has no serious objection to permit the withdrawal of the appeal. 4. In the circumstances, we hereby grant permission to the appellant to withdraw the appeal. Accordingly, the above captioned appeal stands dismissed as withdrawn. 5. In the result, the appeal filed by the assessee stands dismissed as withdrawn. Order pronounced on this 22 nd day of August, 2023. Sd/- Sd/- (PARTHA SARATHI CHAUDHURY) (INTURI RAMA RAO) JUDICIAL MEMBER ACCOUNTANT MEMBER पुणे / Pune; ᳰदनांक / Dated : 22 nd August, 2023. Sujeet आदेश कᳱ ᮧितिलिप अᮕेिषत / Copy of the Order forwarded to : 1. अपीलाथᱮ / The Appellant. 2. ᮧ᭜यथᱮ / The Respondent. 3. The CIT(A), Panaji-Goa. 4. The CIT, Panaji-Goa. 5. DR, ITAT, Panaji. 6. गाडᭅ फ़ाइल / Guard File. आदेशानुसार / BY ORDER, // True Copy // Senior Private Secretary आयकर अपीलीय अिधकरण, पुणे / ITAT, Pune.