M/s. Paras Motors Mfg. Co., Daman V. The Pr. CIT, Valsad

ITA 960/AHD/2017

• Counselvise Citation: [2019] 118 COUNSELVISE.COM (IT) 1838 (ITAT-SURAT)
• Duration Of Justice: 1 year(s) 10 month(s) 7 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 28-02-2019
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: DB
• Assessment Year: 2012-2013
• Appeal Filed On: 20-04-2017
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Section: 263

Judgement Text

PARAS MOTORS MANUFACTURING CO. V. PR. CIT VALSAD /I.T.A. NO.960/AHD/2017/A.Y.12-13 PAGE 1 OF 2 IN THE INCOME TAX APPELLATE TRIBUNAL, SURAT BENCH, SURAT BEFORE SHRI KUL BHARAT, JUDICIAL MEMBER AND SHRI O. P. MEENA, ACCOUNTANT MEMBER I.T.A. NO. 960/AHD/2017: ASSESSMENT YEAR: 2012-13 M/S. PARAS MOTORS MANUFACTURING CO., PLOT NO. A3/8, DAMAN INDUSTRIAL ESTATE, SOMNATH DAMAN, UT PAN:AADFP2489B VS. PR. CIT VALSAD APPELLANT RESPONDENT ASSESSEE BY WRITTEN REQUEST FOR WITHDRAWAL REVENUE BY SHRI PRASOON KABRA, SR. D.R. DATE OF HEARING 28.02.2019 DATE OF PRONOUNCEMENT 28.02.2019 ORDER PER O. P. MEENA, AM 1. THIS APPEAL BY THE ASSESSEE IS DIRECTED AGAINST THE ORDER OF LEARNED PRINCIPLE COMMISSIONER OF INCOME TAX (APPEALS)-VALSAD (IN SHORT THE PR. CIT) DATED 21.03.2017 PERTAINING TO ASSESSMENT YEAR 2012-13 PASSED UNDER SECTION 263 OF INCOME TAX ACT,1961 (IN SHORT THE ACT) BY THE SURAT (IN SHORT THE AO). 2. WHEN THE APPEAL WAS CALLED FOR HEARING, A LETTER DATED 14.02.2019 RECEIVED IN THIS OFFICE ON 21.02.2019 SIGNED BY THE AUTHORIZED PARTNER OF THE ASSESSEE FIRM WAS PLACED BEFORE US, WHEREIN THE ASSESSEE SOUGHT PERMISSION TO WITHDRAW THE APPEAL ON THE GROUND THAT THE ACIT CIRCLE -1 VAPI HAS PASSED A CONSEQUENTIAL ORDER ON PARAS MOTORS MANUFACTURING CO. V. PR. CIT VALSAD /I.T.A. NO.960/AHD/2017/A.Y.12-13 PAGE 2 OF 2 15.12.2017 IN PURSUANCE OF ORDER UNDER SECTION 263 OF THE ACT BY WHICH THE ASSESSEE IS SATISFIED, THEREFORE, THEY ARE NOT PURSUING THE PRESENT APPEAL. 3. THE LD. CIT (DR) HAS NOT RAISED ANY OBJECTION FOR WITHDRAWAL OF APPEAL. 4. IN VIEW OF THE FOREGOING, APPEAL IS DISMISSED AS WITHDRAWN. 5. ORDER PRONOUNCED IN THE OPEN COURT ON 28.02.2019. SD/- SD/- (KUL BHARAT) (O.P.MEENA) JUDICIAL MEMBER ACCOUNTANT MEMBER SURAT: DATED: 28 TH FEBRUARY, 2019/OPM COPY OF ORDER SENT TO- ASSESSEE/AO/PR. CIT/ CIT (A)/ ITAT (DR)/GUARD FILE OF ITAT. BY ORDER / / TRUE COPY / / ASSISTANT REGISTRAR, SURAT