DR SARITA MILIND DAVARE,MUMBAI vs ACIT CEN CIR 40, MUMBAI

Income Tax Appellate Tribunal, MUMBAI BENCHES “E”, MUMBAI

Before: SHRI B.R.BASKARAN (AM) & SHRI RAM LAL NEGI (JM)

For Appellant: Shri. Vijay Kothari

Hearing: 29/09/2016Pronounced: 29/09/2016

This appeal has been preferred by the assessee against order dated 27/12/2013 passed by the Ld. CIT(Appeals)-38 Mumbai for the Asst. Year 2007-08, whereby the Ld. CIT(A) partly allowed the appeal filed by the assessee against assessment order dated 23/12/2011 passed u/s 153A r.w.s 143(3) of the Income Tax Act, 1961 (in short ‘the Act’).

Aggrieved, the assessee has challenged the impugned order on the following ground of appeal:-

“The learned Commissioner of Income Tax (Appeals) erred in computing the interest u/s 234 wrongly giving a credit of taxes as of 9th March 2011 as against 12th January, 2010 i.e. the date of search u/s 132, when the cash was seized.”

At the outset, the Ld. Authorised Representative (AR) submitted that the assessee does not want to press the present appeal.

The Ld. Departmental Representative (DR) did not raise any objection.

DR SARITA MILIND DAVARE,MUMBAI vs. ACIT CEN CIR 40, MUMBAI