A T AND S INDIA PRIVATE LIMITED,NANJAGUD,MYSORE vs. PRINCIPAL COMMISSIONER OF INCOME TAX,KOLKATA -2, KOLKATA
आयकर अपीलȣय अͬधकरण, कोलकाता पीठ “बी’’, कोलकाता
IN THE INCOME TAX APPELLATE TRIBUNAL “B” BENCH: KOLKATA
Įी राजेश कुमार, लेखा सटèय एवं Įी Ĥदȣप कुमार चौबे, ÛयाǓयक सदèय के सम¢
[Before Shri Rajesh Kumar, Accountant Member &Shri Pradip Kumar Choubey, Judicial Member]
I.T.A. No. 1219/Kol/2024
Assessment Year: 2017-18
AT & S India Pvt. Ltd.
(PAN AAECA 2930 J)
Vs.
PCIT, Kolkata-2, Kolkata
Appellant /
)
अपीलाथȸ
(
Respondent / Ĥ×यथȸ
Date of Hearing / सुनवाई
कȧ Ǔतͬथ
05.03.2025
Date of Pronouncement/
आदेश उɮघोषणा कȧ Ǔतͬथ
25.03.2025
For the assessee /
Ǔनधा[ǐरती कȧ ओर से
Shri Anup Sinha, CA
For the revenue / राजèव
कȧ ओर से
Shri P. N. Barnwal, CIT DR
ORDER / आदेश
Per Pradip Kumar Choubey, JM:
This is the appeal preferred by the assessee against order of Principal
Commissioner of Income Tax -Kolkata-2, Kolkata (hereinafter referred to as the Ld.
PCIT] passed u/s 263 of the Income Tax Act, 1961 (hereinafter referred to as the Act) dated 31.03.2024 for AY 2017-18. 2
I.T.A. No. 1219/Kol/2024
Assessment Year: 2017-18
AT & S India pvt. Ltd.
At the time of hearing, the ld. Counsel for the assessee has submitted a letter dated 25.02.2025 requesting the Bench to allow the withdrawal the appeal. The operative portion is reproduced herein below: “Your goodself may kindly note that, in compliance with the above direction of the ld. PCIT the Ld. Assessing officer vide order issued under Section 143(3) r.w.s 263 of the Act dated 17.02.2025 has computed the Book profit of appellant under Section 115JB of the Act amounting to Rs. 43,22,95,288/-, which has also been computed by appellant in its return of income for the relevant year and thereby, the Ld. Assessing Officer has allowed the aforesaid claim of appellant. Copy of the order issued under Section 143(3) r.w.s 263 of the Act dated 17.02.2025 is enclosed as Annexure-1. In view of the above, appellant is not willing to pursue the captioned appeal, since the Ld. Assessing Officer has granted due relief to appellant.” Accordingly accepting the request of the assesse, we dismiss the appeal as withdrawn.
In the result, the appeal filed by the assessee is dismissed as withdrawn.
Order is pronounced in the open court on 25th March, 2025 (Rajesh Kumar/राजेश कुमार) (Pradip Kumar Choubey /Ĥदȣप कुमार चौबे)
Accountant Member/लेखा सदèय Judicial Member/ÛयाǓयक सदèय
Dated: 25th March, 2025
SM, Sr. PS
Copy of the order forwarded to:
Appellant- AT & S India Pvt. Ltd. ,12A, Industrial Area, Nanjagud H.O. Karnataka-571301 2. Respondent – PCIT, Kolkata-2, Kolkata 3. DR, Kolkata Benches, Kolkata (sent through e-mail)By Order