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Income Tax Appellate Tribunal, COCHIN BENCH, COCHIN
Per CHANDRA POOJARI, AM:
This appeal filed by the assessee is directed against the order passed by the Pr.
CIT, Kochi u/s. 263 of the Act dated 05/12/2018 and pertain to the assessment
year 2011-12.
The assessee raised the following grounds of appeal:
1) Order u/s. 263 of the Principal Commissioner of Income-tax, Kochi is barred by limitation. Since the order is served on the appellant on 14/01/2019.
2) The Principal Commissioner of Income-tax has decided that the assessment order is erroneous due to a change of opinions and without adequate reasons.
I.T.A. No.82/Coch/2019
At the time of hearing, the Ld. AR made an endorsement that the assessee is
not interested in pursuing this appeal. However, he made it clear that the assessee
may be permitted to file appeal against the consequential order to be passed
against the impugned order passed u/s. 263 of the Act.
We have heard the rival submissions and perused the record. We dismiss the
appeal of the assessee with a liberty to the assessee to file appeal against the
consequential order to be passed against the impugned order passed u/s. 263 of
the Act.
In the result, the appeal filed by the assessee is dismissed. Order pronounced in the open Court on this 08th April, 2019
sd/- sd/- (GEORGE GEORGE K.) (CHANDRA POOJARI) JUDICIAL MEMBER ACCOUNTANT MEMBER
Place: Kochi Dated: 08th April, 2019 GJ Copy to: 1. Shri K.G. Michael, Koppandisseril House, Thomaspuram, Maradu P.O., Kochi-682 304. 2. The Income Tax Officer, Non-Corporate Ward-1(3), Kochi.. 3. The Pr. Commissioner of Income-tax, Kochi. 4. D.R., I.T.A.T., Cochin Bench, Cochin. 5. Guard File. By Order
(ASSISTANT REGISTRAR) I.T.A.T., Cochin
I.T.A. No.82/Coch/2019