Shri. Mandalpu Venkateswarlu, Hyderabad V. ITO,Ward - 2, Kothagudem

ITA 940/HYD/2014

• Counselvise Citation: [2015] 121 COUNSELVISE.COM (IT) 0325 (ITAT-HYDERABAD)
• Duration Of Justice: 11 month(s) 29 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 14-05-2015
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: A
• Next Hearing Date: 14-05-2015
• Assessment Year: 2009-2010
• Appeal Filed On: 16-05-2014
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: G APARNA RAO
• Assessee Lawyers: M CHANDRAMOULESHWARA RAO

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL HYDERABAD BENCH A'(SMC), HYDERABAD BEFORE SHRI D.MANMOHAN, VICE PRESIDENT ITA NO.940/HYD/14 : ASSESSMENT YEAR 2009 - 10 SHRI MANDALAPU VENKATESWARLU, PALONCHA, 507 115 (PAN ASOPM 5490 N ) V/S. INCOME TAX OFFICER WARD - 2, KOT H AGUDEM (APPELLANT) (RESPONDENT) APPELLANT BY : S HRI M.CHANDRAMOULESHWARA RAO RESPONDENT BY : SMT. G.APARNA RAO DATE OF HEARING 14 .0 5 .201 5 DATE OF PRONOUNCEMENT 14.05.2015 O R D E R THIS APPEAL BY THE ASSESSEE IS DIRECTED AGAINST THE ORDER DATED 13.3.2014, PASSED BY THE COMMISSIONER OF INCOME - TAX, VIJAYAWADA UNDER S.263 OF THE INCOME TAX ACT, 1961. 2. AT THE TIME OF HEARING, THE LEARNED COUNSEL FOR THE ASSESSEE SUBMITTED THAT CONSE QUENT UPON THE ORDER PASSED BY THE REVISIONAL AUTHORITY, THE ASSESSING OFFICER COMPLETED THE ASSESSMENT, WHEREIN THE ASSESSEE OBTAINED SUBSTANTIAL RELIEF; THEREFORE, THE ASSESSEE IS NOT INTERESTED IN PURSUING THE APPEAL FILED AGAINST THE ORDER UNDER S.263 OF THE ACT. IN SHORT, THE ASSESSEE SEEKS PERMISSION TO WITHDRAW THE APPEAL FILED BEFORE THE APPELLATE TRIBUNAL. LEARNED DEPARTMENTAL REPRESENTATIVE HAS NO OBJECTION IN THIS REGARD. UNDER THESE CIRCUMSTANCES, I PERMIT THE ASSESSEE TO WITHDRAW HIS APPEAL, AND DISMISS THE APPEAL AS WITHDRAWN. ITA NO. 940 /HYD/2014 SHRI MANDALAPU VENKATESWARLU, PALONCHA, 507 115 2 3. AS PRONOUNCED IN THE OPEN COURT AT THE CONCLUSION OF HEARING, APPEAL OF THE ASSESSEE IS DISMISSED. SD/ - ( D.MANMOHAN ) VICE PRESIDENT DT/ - 14 TH MAY, 2015 COPY FORWARDED TO: 1. SHRI MANDALAPU VENKATESWARLU (PALONCHA) C/O. SHRI M.CHANDRAMOULESWARA RAO, CHARTERED ACCOUNTANT, C - 3, SKYLARK APARTMENTS, BASHEERBAGH, HYDERABAD 290. 2 . INCOME TAX OFFICER WARD 2, KOTHAGUDEM 3. COMMISSIONER OF INCOME - TAX, VIJAYAWADA 4. DEPARTMENTAL REPRESENTATIVE, ITAT, HYDERABAD. B.V.S