ECONOMIC PHARMACEUTICALS P.LTD, MUMBAI V. ITO WD 9(1)(3), MUMBAI

ITA 8736/MUM/2011

• Counselvise Citation: [2016] 121 COUNSELVISE.COM (IT) 3486 (ITAT-MUMBAI)
• Duration Of Justice: 4 year(s) 6 month(s) 12 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 07-07-2016
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: E
• Next Hearing Date: 22-06-2015
• Assessment Year: 2007-2008
• Appeal Filed On: 26-12-2011
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: J SARAVANAN DR

Judgement Text

1 , , , , INCOME-TAX APPELLATE TRIBUNAL -EBENCH MUMBAI BEFORE S/SHRI RAJENDRA,ACCOUNTANT MEMBER AND C.N. P RASAD,JUDICIAL MEMBER ./ ././ ./ ITA/8736/MUM/2011, /ASSESSMENT YEAR: 2007-08 M/S. ECOMOMIC PHARMACEUTICALS PRIVATE LIMITED, ABAN HOUSE, 1 ST FLOOR,25/31, ROPEWALK STREET, OFF K. DUBASH MARG MUMBAI-400 023. PAN:AAACE 7792 C VS. INCOME TAX OFFICER-9(1)(3) ROOM NO.224, AAYAKAR BHAVAN M.K. ROAD, MUMBAI-400 020. ( /APPELLANT ) ( / RESPONDENT) REVENUE BY: SHRI J. SARAVANAN-DR ASSESSEE BY: SHRI ASHOK PATIL / DATE OF HEARING: 07.07.2016 / DATE OF PRONOUNCEMENT: 07.07.2016 ,1961 254(1) ORDER U/S.254(1)OF THE INCOME-TAX ACT,1961(ACT) PER RAJENDRA, AM - CHALLENGING THE ORDER DATED 1.11.2011 OF THE CIT(A) -9,MUMBAITHE ASSESSEE HAS FILED THE PRESENT APPEAL. 2. THE ASSESSEE HAS FILED A WRITTEN APPLICATION (DATE D 04.07.2016) REQUESTING FOR PERMISSION TO WITHDRAW THE APPEAL FILED BEFORE THE TRIBUNAL. 3. THE LD. DEPARTMENTAL REPRESENTATIVE HAS NO OBJECTI ON TO THE WITHDRAWAL OF THE APPEAL BY THE ASSESSEE. IN THESE FACTS WE ALLOW THE WITHDRAW AL OF THE APPEAL FILED BY THE ASSESSEE BEFORE THE TRIBUNAL AND ACCORDINGLY THE APPEAL OF THE ASSE SSEE IS DISMISSED AS WITHDRAWN. IN THE RESULT, THE APPEAL OF THE ASSESSEE IS DISMIS SED. ! . 8736/MUM/2011(07-08) 2 ORDER PRONOUNCED IN THE OPEN COURT ON 7 TH JULY,2016. '#$ %&'()#*+, 7 TH , 2016 & - SD/- SD/- ( . . . / C.N. PRASAD ) ( / RAJENDRA ) * ./ / JUDICIAL MEMBER / ACCOUNTANT MEMBER MUMBAI; DATED : 07.07.2016. JV.SR.PS. / COPY OF THE ORDER FORWARDED TO : 1. APPELLANT / 2. RESPONDENT / 3. THE CONCERNED CIT(A)/ , 4. THE CONCERNED CIT / 5. DR K BENCH, ITAT, MUMBAI / , , . . . 6. GUARD FILE/ //TRUE COPY// / BY ORDER, / DY./ASST. REGISTRAR , /ITAT, MUMBAI.