M/s. Santoshi Steels (P) Ltd., New Delhi V. Pr. CIT, Uttar Pradesh

ITA 965/DEL/2017

• Counselvise Citation: [2018] 125 COUNSELVISE.COM (IT) 6837 (ITAT-DELHI)
• Duration Of Justice: 1 year(s) 4 month(s) 27 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 17-07-2018
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: G
• Assessment Year: 2012-2013
• Appeal Filed On: 20-02-2017
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: K TEWARI
• Assessee Lawyers: LAKSHYA GARG
• Section: 143(3); 263

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL DELHI BENCH G NEW DELHI BEFORE SHRI G.D. AGRAWAL, HONBLE PRESIDENT AND SHRI SUDHANSHU SRIVASTAVA, JUDICIAL MEMBER ITA NO. 961/DEL/2017 AY: 20 12-13 ITA NO. 965/DEL/2017 AY: 2012-13 M/S SANTOSHI STEELS (P) LTD., VS PR. COMM ISSIONER OF INCOME TAX, C/O M/S RRA TAXINDIA, MUZAFFARNAGAR, U.P. D-28, SOUTH EXTENSION PART-I, NEW DELHI-110049 (PAN: AABCS9575J) (APPELLANT) (RESPONDENT) APPELLANT BY : LAKSHYA GARG, ADV. RESPONDENT BY : SHRI K. TEWARI, SR. DR DATE OF HEARING: 16.07.2018 DATE OF PRONOUNCEMENT: 17.07.2018 ORDER PER BENCH BOTH THESE APPEALS ARE FILED BY THE ASSESSEE FOR A SSESSMENT YEAR 2012-13. ITA NO. 961/DEL/2017 IS PREFERRED AG AINST THE ORDER PASSED U/S 263 OF THE INCOME TAX ACT, 1961 (H EREINAFTER REFERRED TO AS 'THE ACT') BY THE LD. PR. CIT, MUZAF FARNAGAR WHEREIN VIDE THE IMPUGNED ORDER, THE LD. PR. CIT HAS SET AS IDE THE ASSESSMENT ORDER DATED 18.02.2015 PASSED BY THE ASS ESSING OFFICER U/S 143(3) OF THE ACT. ITA 965/DEL/2017 AL SO PERTAINS TO ITA NOS. 961 & 965/D/2017 ASSESSMENT YEAR 2012-13 2 ASSESSMENT YEAR 2012-13 AND IS AGAINST ORDER PASSED U/S 263 OF THE ACT WHEREIN THE LD. PR. CIT, MUZAFFARNAGAR HAS SET ASIDE THE ORDER OF THE ASSESSING OFFICER DROPPING PENALTY PRO CEEDINGS INITIATED U/S 271(1)(C) OF THE ACT. 2. AT THE OUTSET, THE LD. AR APPEARING ON BEHALF OF THE ASSESSEE SUBMITTED THAT HE HAD INSTRUCTIONS FROM THE CLIENT TO WITHDRAW BOTH THE APPEALS. LD. SR. DR HAD NO OBJECTION TO T HE ASSESSEES PRAYER FOR WITHDRAWAL OF THE APPEALS. ACCORDINGLY, KEEPING IN VIEW THE REQUEST OF THE LD. AR, WE PERMIT THE WITHD RAWAL OF THE ABOVE CAPTIONED APPEALS AND DISMISS THE SAME AS WIT HDRAWN. 3. IN THE RESULT, THE APPEALS OF THE ASSESSEE STAND DISMISSED AS WITHDRAWN. ORDER PRONOUNCED IN THE OPEN COURT ON 17 TH JULY, 2018. SD/- SD/- (G.D. AGRAWAL) ( SUDHANSHU SRIVASTAVA) PRESIDENT JUDICIAL MEMBER DATED: 17 TH JULY, 2018 GS ITA NOS. 961 & 965/D/2017 ASSESSMENT YEAR 2012-13 3 COPY FORWARDED TO: - 1. APPELLANT 2. RESPONDENT 3. CIT 4. CIT(A) 4. DR, ITAT BY ORDER ASSTT. REGISTRAR DATE OF DICTATION DATE ON WHICH THE TYPED DRAFT IS PLACED BEFORE THE DICTATING MEMBER DATE ON WHICH THE TYPED DRAFT IS PLACED BEFORE THE OTHER MEMBER DATE ON WHICH THE APPROVED DRAFT COMES TO THE SR.PS /PS DATE ON WHICH THE FAIR ORDER IS PLACED BEFORE THE DICTATING MEMBER FOR PRONOUNCEMENT DATE ON WHICH THE FAIR ORDER COMES BACK TO THE SR.P S/PS DATE ON WHICH THE FINAL ORDER IS UPLOADED ON THE WEBSITE OF ITAT DATE ON WHICH THE FILE GOES TO THE BENCH CLERK DATE ON WHICH THE FILE GOES TO THE HEAD CLERK THE DATE ON WHICH THE FILE GOES TO THE ASSISTANT REGISTRAR FOR SIGNATURE ON THE ORDER DATE OF DISPATCH OF THE ORDER 1