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Income Tax Appellate Tribunal, MUMBAI BENCHES “J”, MUMBAI
Before: Shri Joginder Singh, & Shri N.K. Pradhan
आदेश / O R D E R Per Joginder Singh (Judicial Member)
The Revenue is aggrieved by the impugned order dated 30.06.2016, of the Ld. Commissioner of Income Tax (Appeal) directing the Assessing Officer to expedite
2 M/s. Manghnani Charitable Trust the disposal of application of the assessee made u/s 154 of the Act and allowing the carry forward of deficit of Rs. 1,40,94,545 and allowing set-off against income of the subsequent year.
During the hearing, the learned D.R. filed an application dated 15.03.2018, with a request that the Department may be permitted to withdraw the appeal filed before the Tribunal. The learned D.R., Shri Saurabh Rai, contended that in view of the aforesaid application, the Department may be permitted to withdraw the appeal. The ld. Counsel for the assessee, Ms. Ruchi Tamhankar, have no objection to the request of the learned D.R.
We have considered the rival submissions and perused the material available on record. Without going into much deliberation and in view of application of the Department dated 15.03.2018, and contention of the learned D.R., the Department is permitted to withdraw the appeal, therefore, the appeal of the Revenue is dismissed as withdrawn.
3 M/s. Manghnani Charitable Trust Finally, the appeal of the Revenue is dismissed as withdrawn.
This Order was pronounced in the open court in the presence of learned representatives from both sides at the conclusion of the hearing on 19th March, 2018.
Sd/- Sd/- (Joginder Singh) (N.K. Pradhan) ऱेखा सदस्य / ACCOUNTANT MEMBER न्याययक सदस्य / JUDICIAL MEMBER भुिंफई Mumbai; ददनािंक Dated : 19/03/2018 Pradeep J. Chowdhury, Sr. PS
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