IQ City Foundation, Kolkata V. A.C.I.T.,Circle-3(2), Kolkata

ITSSA 34/KOL/2020

• Counselvise Citation: [2020] 110 COUNSELVISE.COM (IT) 6982 (ITAT-KOLKATA)
• Duration Of Justice: 7 month(s) 23 day(s)
• Appeal Type: Income Tax (Search & Seizure) Appeal
• Pronouncement Date: 09-09-2020
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: C
• Next Hearing Date: 03-09-2020
• Assessment Year: 2017-2018
• Appeal Filed On: 17-01-2020
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Assessee Lawyers: S K TULSIYAN

Judgement Text

1 IT(SS)A NOS. 30, 32 & 34/KOL/2020 I Q CITY FOUNDATION, AYS 2013-14, 2015-16 & 2017-18 , C , IN THE INCOME TAX APPELLATE TRIBUNAL C BENCH: KOLKATA ( ) BEFORE . , /AND . . , ) [BEFORE SHRI J. SUDHAKAR REDDY, AM & SHRI A. T. VARKEY, JM] I.T(SS).A. NO. 30/KOL/2020 ASSESSMENT YEAR: 2013-14 & I.T(SS).A. NO. 32/KOL/2020 ASSESSMENT YEAR: 2015-16 & I.T(SS).A. NO. 34/KOL/2020 ASSESSMENT YEAR: 2017-18 I Q CITY FOUNDATION (PAN: AAAAI8207J) VS. ASSISTANT COMMISSIONER OF INCOME- TAX, CENTRAL CIRCLE-3(2), KOLKATA APPELLANT RESPONDENT DATE OF HEARING (VIRTUAL) 03.09.2020 DATE OF PRONOUNCEMENT 09.09.2020 FOR THE APPELLANT SHRI S. K. TULSIYAN, ADVOCATE FOR THE RESPONDENT SHRI VIJAY SHANKAR, CIT ORDER PER SHRI A.T.VARKEY, JM ALL THESE THREE APPEALS FILED BY THE ASSESSEE AGAINST THE SEPARATE ORDERS OF LD. CIT(A)-21, KOLKATA DATED 15.11.2019 FOR A YS. 2013-14, 2015-16 AND 2017-18. ALL THESE APPEALS ARE TIME BARRED BY TWO DAYS. AFTER PERUSING THE CONDONATION PETITIONS, WE CONDONE THE DELAY. 2. AT THE OUTSET, THE LD. AR OF THE ASSESSEE SHRI S. K. TULSIYAN BROUGHT TO OUR NOTICE THAT THE ASSESSEE INTENDS TO WITHDRAW THESE APPEALS. ON THE OTHER HAND, THE LD. CIT, DR DID NOT RAISE ANY OBJECTION. IN THE LIGHT OF THE ABOVE, WE ALLOW THE ASSESSEE TO WITHDRAW THE APPEALS. 3. IN THE RESULT, ALL THE APPEALS OF ASSESSEE ARE DISMISSED AS WITHDRAWN. ORDER IS PRONOUNCED IN THE OPEN COURT ON 9 TH SEPTEMBER, 2020. SD/- SD/- (J. SUDHAKAR REDDY) (A. T. VARKEY) ACCOUNTANT MEMBER JUDICIAL MEMBER DATED: 9TH SEPTEMBER, 2020 JD.(SR.P.S.) 2 IT(SS)A NOS. 30, 32 & 34/KOL/2020 I Q CITY FOUNDATION, AYS 2013-14, 2015-16 & 2017-18 COPY OF THE ORDER FORWARDED TO: 1. APPELLANT I Q CITY FOUNDATION, MANI SQUARE, 9 TH FLOOR, I T CHAMBER, EM BYEPASS, 164/1, MANIKTALA MAIN ROAD, KOLKATA-700 054. 2 RESPONDENT ACIT, CENTRAL CIRCLE-3(2), KOLKATA 3. TH E CIT(A) 21, KOLKATA (SENT THROUGH E-MAIL) 4. 5. CIT , KOLKATA DR, KOLKATA BENCHES, KOLKATA (SENT THROUGH E-MAIL) / TRUE COPY, BY ORDER, ASSISTANT REGISTRAR