Sh. Lalit Bhatia, Ludhiana V. ACIT, Ludhiana

ITA 869/CHANDI/2006

• Counselvise Citation: [2015] 140 COUNSELVISE.COM (IT) 95707 (ITAT-CHANDIGARH)
• Duration Of Justice: 9 year(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 27-11-2015
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: Not Allotted
• Assessment Year: 2003-2004
• Appeal Filed On: 27-11-2006
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: MANJIT SINGH
• Assessee Lawyers: RAKESH JAIN; GURTEJ SINGH

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL DIVISION BENCH,CHANDIGARH BEFORE SHRI BHAVNESH SAINI, JUDICIAL MEMBER AND MS.ANNAPURNA MEHROTRA, ACCOUNTANT MEMBER ITA NO. 869/CHD/2006 ASSESSMENT YEAR: 2003-04 SHRI LALIT BHATIA, VS THE ACIT, M/S SWASTIK TRADING CO., CENTRAL CIRCLE-II 9-10, GURU NANAK MARKET, LUDHIANA. HAZURI ROAD, LUDHIANA. PAN: AAJPB8760F & ITA NO. 870/CHD/2006 ASSESSMENT YEAR: 2003-04 SHRI S.K.BHATIA, VS THE ACIT, M/S KAVITA INTERNATIONAL AGENCY, CENTRAL CIRCLE-II 9-10, GURU NANAK MARKET, LUDHIANA. HAZURI ROAD, LUDHIANA. PAN: AAFPB7529Q (APPELLANT) (RESPONDENT) APPELLANT BY : SHRI GURTEJ SINGH & SHRI RAKESH JAIN RESPONDENT BY : SHRI MANJIT SINGH DATE OF HEARING : 27.11.2015 DATE OF PRONOUNCEMENT : 27.11.2015 O R D E R PER BHAVNESH SAINI,JM BOTH THE APPEALS BY DIFFERENT ASSESSEES ARE DIRECTED AGAINST THE ORDERS OF LD. CIT(APPEALS)-1 LUDHIANA DATED 11.09.2006 FOR ASSESSMENT YEAR 2003-04. 2 2. THE LD. COUNSEL FOR THE ASSESSEE SEEKS PERMISSIO N TO WITHDRAW BOTH THE APPEALS. ENDORSEMENT TO THE EFFECTS HAS BEEN MADE IN APPEAL PAPERS. 3. IN VIEW OF THE STATEMENT OF LD. COUNSEL FOR THE ASSESSEE, BOTH APPEALS ARE DISMISSED AS WITHDRAWN. ORDER PRONOUNCED IN THE OPEN COURT. SD/- SD/- (ANNAPURNA MEHROTRA) (BHAVNESH SAINI) ACCOUNTANT MEMBER JUDICIAL MEMBER DATED: 27 TH NOVEMBER, 2015. POONAM COPY TO: THE APPELLANT, THE RESPONDENT, THE CIT(A), THE CIT, DR ASSISTANT REGISTRAR, ITAT/CHD