KOHINOOR FOODS LIMITED,NEW DELHI vs. PRINCIPAL COMMISSIONER OF INCOME TAX, DELHI-4, NEW DELHI
Income Tax Appellate Tribunal, DELHI BENCH ‘C’: NEW DELHI
Before: SHRI S.RIFAUR RAHMAN & SHRI VIMAL KUMARKohinoor Foods Limited, vs.
PER S. RIFAUR RAHMAN, ACCOUNTANT MEMBER :
The assessee has filed appeal against the order of the Learned Pr.Commissioner of Income Tax, Delhi-4 [“Ld. PCIT”, for short] dated 30.03.2024 for the Assessment Year 2017-18. 2. At the time of hearing, ld. AR brought to our notice that the AO has passed the Order Giving Effect (OGE) to the order passed under section 263 of the Income-tax Act, 1961 and the AO in OGE has accepted the return of income filed by the assessee and the issues raised by the ld.
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PCIT has been duly verified and not proposed any addition. Therefore, she prayed that this appeal may be dismissed.
3. After considering the submissions made by the ld. AR of the assessee and noting that AO in OGE has accepted the return of income filed by the assessee and the issues raised by the ld. PCIT has been duly verified and not proposed any addition, therefore, the directions given by the ld. PCIT u/s 263 becomes infructuous. Hence, all the grounds raised by the assessee are allowed.
4. In the result, the appeal filed by the assessee is allowed.
Order pronounced in the open court on this 4th day of June, 2025. (VIMAL KUMAR)
ACCOUNTANT MEMBER
Dated: 04.06.2025
TS