M/S EVERGREEN CONSTRUCTION PVT. LTD.,DURGAPUR vs. A.C.I.T.,CIRCLE-1, DURGAPUR

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ITA 816/KOL/2019Status: DisposedITAT Kolkata25 November 2020AY 2014-152 pages
AI SummaryDismissed

What did the Tribunal hold?

The Tribunal allowed the withdrawal of the appeal filed by the revenue. The assessee's request was based on the relief granted by the Assessing Officer in a subsequent order.

What were the facts?

The revenue filed an appeal against an order passed by the Principal Commissioner of Income Tax under Section 263. The assessee requested to withdraw the appeal as the Assessing Officer had granted the necessary relief in a consequential order.

What were the issues?

Whether the appeal filed by the revenue should be dismissed as withdrawn based on the assessee's request and subsequent relief granted.

Which sections of the Income-tax Act were involved?

Section 263

AI-generated summary — verify with the full judgment below

Income Tax Appellate Tribunal, KOLKATA ‘A’ BENCH, KOLKATA

Before: Sri J. Sudhakar Reddy, Hon’ble & Sri S.S. Godara, Hon’ble

order : November 25th, 2020 ORDER Per J. Sudhakar Reddy, AM :- This appeal filed by the revenue is directed against the order of the Learned Principal Commissioner of Income Tax - Durgapur, (hereinafter the “ld. Pr. CIT”), passed u/s. 263 of the Income Tax Act, 1961 (the ‘Act’), dt. 20/03/2019, for the Assessment Year 2014-15.

2.

The ld. Counsel for the assessee submitted that it wants to withdraw the appeal as the necessary relief has been granted by the Assessing Officer in the consequential order passed u/s 143(3) r.w.s. 263 of the Act. The ld. D/R submitted that she has no objection in withdrawal of the appeal by the assessee. In view of these contentions, this appeal of the assessee is dismissed as withdrawn.

3.

In the result, appeal of the assessee is dismissed.

1.

Kolkata, the 25th day of November, 2020. Sd/- Sd/- [J. Sudhakar Reddy] [S. S. Godara] Judicial Member Accountant Member Dated : 25.11.2020 {SC SPS}

Assessment Year: 2014-15 M/s. Evergreen Construction Pvt. Ltd M/s. Evergreen Construction Pvt. Ltd. Copy of the order forwarded to: 1. M/s. Evergreen Construction Pvt. Ltd M/s. Evergreen Construction Pvt. Ltd Radhakrishna Pally Benachity Durgapur – 713 214

2. Asstt. Commissioner of Income Tax, Circle Asstt. Commissioner of Income Tax, Circle-I, Kolkata 3. CIT(A)- 4. CIT- , 5. CIT(DR), Kolkata Benches, Kolkata. 5. CIT(DR), Kolkata Benches, Kolkata.

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