ALASHORE MARINE EXPORTS PRIVATE LIMITED, BALASORE V. ASSISTANT COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE, CUTTACK

ITSSA 81/CTK/2023

• Counselvise Citation: [2024] 101 COUNSELVISE.COM (IT) 7449 (ITAT-CUTTACK)
• Duration Of Justice: 5 month(s) 22 day(s)
• Appeal Type: Income Tax (Search & Seizure) Appeal
• Pronouncement Date: 30-04-2024
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: DB
• Assessment Year: 2017-2018
• Appeal Filed On: 08-11-2023
• Result in Favour of: Revenue
• Court: TRIBUNAL

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL, BEFORE SHRI MANISH AGARWAL, ACCOUNTANT MEMBER Alashore Marine Exports Pvt Ltd, D1/18(P),D1/19, D1/20, D1/37,D1/38, D1/39(P), Somnathpur Industrial Estate, Balasore PAN/GIR No (Appellant Both the separate orders of the ld CIT(A) Appeal No. No.Bhubanbeswar 2017-18. 2. Shri D.Parida and Shri C.Parida, Shri Sanjay Kumar, CIT IN THE INCOME TAX APPELLATE TRIBUNAL, CUTTACK BENCH, CUTTACK BEFORE SHRI GEORGE MATHAN, JUDICIAL SHRI MANISH AGARWAL, ACCOUNTANT MEMBER IT(ss)A Nos.78 & 81/CTK/20 Assessment Years : 2018-19 & 2017 Alashore Marine Exports Pvt Ltd, D1/18(P),D1/19, D1/20, D1/37,D1/38, D1/39(P), Somnathpur Industrial Estate, Balasore Vs. Asst. Commissioner of Income Tax, Central Circle, Cuttack PAN/GIR No.AALCA 2704 R (Appellant) .. ( Respondent Assessee by : S/Shri D.Parida, CA/C.Parida, Adv Revenue by : Shri Sanjay Kumar, CIT Date of Hearing : 01/0 Date of Pronouncement : 01/0 O R D E R Both the appeals filed by the assessee are directed separate orders of the ld CIT(A)-2, Bhubaneswar Appeal No.CIT(A), Bhubanbeswar-2/10487/2016 No.Bhubanbeswar-2/11261/2017-18 for the assessment year D.Parida and Shri C.Parida, ld ARs appeared for the ass Shri Sanjay Kumar, CIT DR represented on behalf of the revenue. Page1 | 2 IN THE INCOME TAX APPELLATE TRIBUNAL, JUDICIAL MEMBER AND SHRI MANISH AGARWAL, ACCOUNTANT MEMBER /CTK/2023 19 & 2017-18 Asst. Commissioner of Income Tax, Central Circle, Respondent) D.Parida, CA/C.Parida, Adv : Shri Sanjay Kumar, CIT DR 05/2024 /05/2024 are directed against the 2, Bhubaneswar dated 267.2023 in 2/10487/2016-17 and Appeal for the assessment years 2018-19 & appeared for the assessee. represented on behalf of the revenue. IT(ss)A Nos.78 & 81/CTK/2023 Assessment Years : 2018-19 & 2017-18 Page2 | 2 3 At the outset, at the time of hearing, ld AR referred to the decision of the Hon’ble Supreme Court in the case of Saraf Exports vs CIT(2023) 453 ITR 625 (SC) submitted that he does not wish to press the grounds raised in both the appeals and prays for withdrawal of the appeals, to which, ld CIT DR did not have any objection. In view of above, we accede to the request of ld AR and permit to withdraw the appeals 3. In the result, both the appealsof the assessee stand dismissed as withdrawn. Order dictated and pronounced in the open court on 01/05/2024. Sd/- sd/- (George Mathan) (Manish Agarwal) JUDICIAL MEMBER ACCOUNTANT MEMBER Cuttack; Dated 01/05/2024 B.K.Parida, SPS (OS) Copy of the Order forwarded to : By order Sr.Pvt.secretary ITAT, Cuttack 1. The Appellant : Alashore Marine Exports Pvt Ltd, D1/18(P),D1/19, D1/20, D1/37,D1/38, D1/39(P), Somnathpur Industrial Estate, Balasore 2. The Respondent: Asst. Commissioner of Income Tax, Central Circle, Cuttack 3. The CIT(A)-2, Bhubaneswar 4. Pr.CIT-2, Bhubaneswar 5. DR, ITAT, Cuttack 6. Guard file. //True Copy//