Prithvi Information Solutions Limited, Hyderabad V. ACIT, Circle-16(3), Hyderabad

ITA 964/HYD/2013

• Counselvise Citation: [2014] 140 COUNSELVISE.COM (IT) 77901 (ITAT-HYDERABAD)
• Duration Of Justice: 11 month(s) 9 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 20-05-2014
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: B
• Assessment Year: 2007-2008
• Appeal Filed On: 11-06-2013
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: D SUDHAKAR RAO
• Assessee Lawyers: P MURALI MOHAN RAO

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL HYDERABAD BENCH B', HYDERABAD BEFORE THE HONBLE VICE PRESIDENT, SHRI D.MANMOHAN AND SHRI CHANDRA POOJARI, HONBLE ACCOUNTANT MEMBER ITA NO.964/HYD/2013 : ASST. YEAR 2007 - 08 M/S. PRITHVI INFORMATION SOLUTIONS LTD., HYDERABAD ( PAN - AACCP 5281 F) V/S. ASST. COMMISSIONER OF INCOME - TAX CIRCLE 16(3), HYDERABAD (APPELLANT) (RESPONDENT) APPELLANT BY : SHRI P.MURALIMOHAN RAO RESPONDENT BY : SHRI D.SUDHAKAR RAO DR DATE OF HEARING 20 . 5 .201 4 DATE OF PRONOUNCEMENT 20.5.2014 O R D E R PER D.MANMOHAN, VICE PRESIDENT: THIS APPEAL BY THE ASSESSEE IS DIRECTED AGAINST THE ORDER PASSED BY THE COMMISSIONER OF INCOME - TAX IV, HYDERABAD DATED 14.3.2013, PASSED UNDER S.263 OF THE INCOME - TAX ACT, 1961 FOR THE ASSESSMENT YEAR 2007 - 08. 2. AT THE TIME O F H E ARING, THE LEARNED COUN SEL FOR THE ASSESSEE FILED A PETITION STATING THAT THE ASSESSEE IS NOT INTERESTED IN PURSUING THIS APPEAL, AND HENCE SEEKS PERMISSION TO WITHDRAW THE SAME. THE LEARNED DEPARTMENTAL REPRESENTATIVE HAS NO OBJECTION IN THIS REGARD. IN THE CIRCUMSTANCES, WE PERMIT AND TREAT THE APPEAL AS WITHDRAWN. 3. A CCORDINGLY, A S PRONOUNCED IN THE OPEN COURT, APPEAL OF THE ASSESSEE DISMISSED. SD/ - SD/ - (CHANDRA POOJARI ) (D.MANMOHAN) ACCOUNTANT MEMBER VICE PRESIDENT DT/ - 20 TH MAY, 2014 ITA NO. 964 /HYD/201 3 M/S.PRITHVI INFORMATION SOLUTIONS LTD., HYDERABAD 2 COPY FORWARDED TO: 1. M/S. PRITHVI INFORMATION SOLUTIONS LTD., C/O. M/S.P.MURALI & CO., CHARTERED ACCOUNTANTS, 6 - 3 - 6755/2/3, 1ST FLOOR, SOMAJIGUDA, HYDERABAD - 82 2 . ASST. COMMISSIONER OF INCOME - TAX 16(3), HYDERABAD 3. COMMISSIONER OF INCOME - TAX IV HYDERABAD 4 . DEPARTMENTAL REPRESENTATIVE, ITAT, HYDERABAD. B.V.S