BPTP Ltd. , Delhi V. ACIT Central Circle-32, Delhi

ITA 907/DEL/2022

AI Insights

This case involves an appeal by BPTP Ltd. against an order of assessment for the assessment year 2016-17, which was initially passed by the Assessing Officer under section 143(3) of the Income-tax Act, 1961. The appeal was heard by the Income Tax Appellate Tribunal, Delhi Bench. However, on the day of the hearing, the assessee submitted a letter indicating their decision to withdraw the appeal. As a result, the tribunal dismissed the appeal as withdrawn, without delving into the substantive issues of the case.

• Counselvise Citation: [2023] 140 COUNSELVISE.COM (IT) 115834 (ITAT-DELHI)
• Duration Of Justice: 1 year(s) 6 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 09-05-2023
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: G
• Next Hearing Date: 02-05-2023
• Assessment Year: 2016-2017
• Appeal Filed On: 03-05-2022
• Laws Referred To: Income-tax Act, 1961
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Section: 143(3)

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL DELHI BENCH : H : DELHI BEFORE SHRI SAKTIJIT DEY, JUDICIAL MEMBER AND SHRI M. BALAGANESH, ACCOUNTANT MEMBER ITA No.907/Del/2022 Assessment Year: 2016-17 BPTP Ltd., M-11, Middle Circle, Connaught Circus, New Delhi – 110 001. PAN: AACCB2442A Vs ACIT, Central Circle-32, Delhi. (Applicant) (Respondent) Assessee by : Shri Pradeep Kaushik, CA Revenue by : Ms Sapna Bhatia, CIT, DR Date of Hearing : 03.05.2023 Date of Pronouncement : 10.05.2023 ORDER PER M. BALAGANESH, AM: This appeal in ITA No.907/Del/2022 for AY 2016-17 arises out of the order of the Commissioner of Income Tax (Appeals)-30, New Delhi [hereinafter referred to as ‘ld. CIT(A)’, in short] in Appeal No.10314/2018-19 dated 25.02.2022 against the order of assessment passed u/s 143(3) of the Income-tax Act, 1961 (hereinafter referred to as ‘the Act’) dated 24.12.2018 by the ld. Assessing Officer, Central Circle 32, Delhi (hereinafter referred to as ‘ld. AO’). 2. At the outset, the ld. AR placed on record a letter addressed by the assessee dated 03.05.2023 stating that the assessee company is willing to withdraw its appeal. For the sake of convenience, the said letter is reproduced hereunder:- ITA No.907/Del/2022 2 ITA No.907/Del/2022 3 3. In view of the above, the appeal of the assessee is hereby dismissed as withdrawn. 4. In the result, the appeal of the assessee is dismissed as ‘withdrawn.’ Order pronounced in the open court on 10.05.2023. Sd/- Sd/- (SAKTIJIT DEY) (M. BALAGANESH) JUDICIAL MEMBER ACCOUNTANT MEMBER Dated: 10 th May, 2023. dk Copy forwarded to 1. Appellant 2. Respondent 3. CIT 4. CIT(A) 5. DR Asstt. Registrar, ITAT, New Delhi