P.K. Agencies, Lucknow V. ITO, Lucknow

ITA 90/LKW/2011

• Counselvise Citation: [2011] 134 COUNSELVISE.COM (IT) 9144 (ITAT-LUCKNOW)
• Duration Of Justice: 19 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 07-03-2011
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: SMC
• Next Hearing Date: 07-03-2011
• Assessment Year: 2005-2006
• Appeal Filed On: 17-02-2011
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: ANADI VERMA
• Assessee Lawyers: J J MEHROTRA

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL, SMC BENCH, LUCKNOW. BEFORE SHRI H.L.KARWA, HON'BLE VICE PRESIDENT I.T.A.NO.90(LKW.)/2011 A.Y. :2005-06 P.K.AGENCIES, VS. THE ITO IV(1), 10-A,G.B.MARG, LUCKNOW. LUCKNOW. PAN AAEFP 7848K (APPELLANT) (RESPONDENT) APPELLANT BY : SHRI J.J.MEHROTRA, C.A. RESPONDENT BY : SHRI ANADI VERMA, SR. D.R. O R D E R THIS APPEAL FILED BY THE ASSESSEE IS DIRECTED AGA INST THE ORDER OF THE LD. CIT(A) II, LUCKNOW DATED 20.9.2010 RELATING TO THE ASSESSMENT YEAR 2005-06. 2. THE ONLY GROUND RAISED BY THE ASSESSEE IN THIS A PPEAL READS AS UNDER : THAT ON THE FACTS AND CIRCUMSTANCES OF THE CASE, T HE LD.CIT(A) IS NOT JUSTIFIED IN CONFIRMING THE DISALLOWANCE OF RS.50 ,000 OUT OF EXPENSES. 3. AT THE TIME OF HEARING, SHRI J.J.MEHROTRA, C.A., LD. COUNSEL FOR THE ASSESSEE SUBMITTED A LETTER DATED 7.3.2011 STATING AS UNDER : SIR, RESPECTFULLY IT IS SUBMITTED AS UNDER :- THAT THE APPEAL FILED BY THE APPELLANT MAY KINDLY B E TREATED AS WITHDRAWN. 2 THANKING YOU, YOURS FAITHFULLY, SD. J.J.MEHROTRA, DATED 07/03/2011 FCA/AR. 4. SHRI J.J.MEHROTRA, C.A., LD. COUNSEL FOR THE ASS ESSEE SUBMITTED THAT KEEPING IN VIEW THE SMALLNESS OF THE AMOUNT INVOLVE D, THE APPEAL IS NOT PRESSED. 5. IN VIEW OF THE ABOVE, I TREAT THE APPEAL DISMISS ED AS WITHDRAWN. 6. IN THE RESULT, THE APPEAL IS DISMISSED. THE ORDER WAS PRONOUNCED IN THE OPEN COURT ON 7. 3.2011. SD. (H.L.KARWA) VICE PRESIDENT MARCH 7TH, 2011. COPY TO THE : 1. APPELLANT 2. RESPONDENT 3. CIT(A) (4) CIT 5.DR. A.R.,ITAT, LUCKNOW. SRIVASTAVA.