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Income Tax Appellate Tribunal, ‘C’ BENCH, KOLKATA
Before: Shri M.Balaganesh, & Shri S.S. Viswanethra Ravi
This appeal of the assessee is arising out of the order of the CIT, Kolkata-I, Kolkata dated 31-03-2014 for the assessment year 2009-10.
The CIT having exercised his revisionary power u/s. 263 of the Act has called for records of the assessment pertaining to the assessee for the assessment year under consideration. The CIT has remanded the issues raised in the notice dated 3-3-2014 for scrutiny and verification of the same as per law.
None appeared on behalf of the assessee. -C-JM 1 M/s.Height Insurance Services Ltd
At the time of hearing before us the ld.DR submits that the AO has given effect to the order passed by the CIT u/s.263, wherein the AO has accepted the contentions of the assessee by his order.
In view of the above, the appeal filed by the assessee is dismissed being infructuous.
In the result, the appeal of the assessee is dismissed being infructuous. Order is pronounced in the open court on 23 - 06-2016