Mega Multi Developers Ltd, Ranchi V. ACIT, C.C.2, Ranchi

ITSSA 123/RAN/2019

• Counselvise Citation: [2020] 110 COUNSELVISE.COM (IT) 6505 (ITAT-RANCHI)
• Duration Of Justice: 10 month(s) 23 day(s)
• Appeal Type: Income Tax (Search & Seizure) Appeal
• Pronouncement Date: 16-09-2020
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: DB
• Assessment Year: 2008-2009
• Appeal Filed On: 24-10-2019
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: INDERJI T SINGH
• Assessee Lawyers: M K CHOUDHARY
• Section: 250

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL RANCHI BENCH, E-COURT AT KOLKATA (BEFORE SRI J. SUDHAKAR REDDY, ACCOUNTANT MEMBER & SRI S.S. GODARA, JUDICIAL MEMBER) IT(SS)A NOS. 123 & 124/RAN/2019 ASSESSMENT YEARS: 2008-09 & 2009-10 MEGA MULTI DEVELOPERS LTD..............................................................................................APPELLANT [PAN: AAFCM 1058 A] VS. ACIT, CENTRAL CIRCLE-2, RANCHI..............................................................RESPONDENT APPEARANCES BY: SH. M.K. CHOUDHARY, ADV., APPEARED ON BEHALF OF THE ASSESSEE. SH. INDERJIT SINGH, CIT, APPEARED ON BEHALF OF THE REVENUE. DATE OF CONCLUDING THE HEARING : SEPTEMBER 2 ND , 2020 DATE OF PRONOUNCING THE ORDER : SEPTEMBER 16 TH , 2020 ORDER PER J. SUDHAKAR REDDY, AM : THESE APPEALS FILED BY THE ASSESSEE ARE DIRECTED AGAINST THE ORDER OF THE COMMISSIONER OF INCOME TAX (APPEALS), PATNA [HEREINAFTER CIT(A) FOR SHORT] DATED 20.09.2019 PASSED U/S 250 OF THE INCOME TAX ACT, 1961 (THE ACT FOR SHORT) FOR AYS 2008-09 & 2009-10. 2. THE LD. COUNSEL FOR THE ASSESSEE REQUESTED FOR WITHDRAWAL OF THE APPEALS ON THE GROUND THAT THE ASSESSMENT ORDER WAS SQUASHED ON THE GROUND OF LIMITATION BY THE LD. CIT(A) AND THE REVENUE HAS NOT FILED ANY APPEAL. THE LD. DR HAS NO OBJECTION. HENCE, THE APPEALS ARE DISMISSED AS WITHDRAWN 3. IN THE RESULT, THE APPEALS OF THE ASSESSEE ARE DISMISSED. KOLKATA, THE 16 TH SEPTEMBER, 2020. SD/- SD/- [S.S. GODARA] [J. SUDHAKAR REDDY] JUDICIAL MEMBER ACCOUNTANT MEMBER DATED: 16.09.2020 BIDHAN 2 IT(SS)A NOS. 123 & 124/RAN/2019 ASSESSMENT YEARS: 2008-09 & 2009-10 MEGA MULTI DEVELOPERS LTD. COPY OF THE ORDER FORWARDED TO: 1. MEGA MULTI DEVELOPERS LTD., DEVDAMODAR PALACE, BARIATU, RANCHI, JHARKHAND-834 001. 2. ACIT, CENTRAL CIRCLE-2, RANCHI. 3. CIT(A)-RANCHI. 4. CIT- 5. CIT(DR), RANCHI BENCH, RANCHI. TRUE COPY BY ORDER SENIOR PRIVATE SECRETARY ITAT, KOLKATA BENCHES