Besto Tradelink Pvt. Ltd.,, Ahmedabad v. The CIT,Ahmedabad-I,, Ahmedabad

ITA 1592/AHD/2010 | 2005-2006
Pronouncement Date: 04-07-2011 | Result: Dismissed

Appeal Details

RSA Number 159220514 RSA 2010
Assessee PAN AAACB6241P
Bench Ahmedabad
Appeal Number ITA 1592/AHD/2010
Duration Of Justice 1 year(s) 1 month(s) 21 day(s)
Appellant Besto Tradelink Pvt. Ltd.,, Ahmedabad
Respondent The CIT,Ahmedabad-I,, Ahmedabad
Appeal Type Income Tax Appeal
Pronouncement Date 04-07-2011
Appeal Filed By Assessee
Order Result Dismissed
Bench Allotted B
Tribunal Order Date 04-07-2011
Date Of Final Hearing 04-07-2011
Next Hearing Date 04-07-2011
Assessment Year 2005-2006
Appeal Filed On 13-05-2010
Judgment Text
IN THE INCOME TAX APPELLATE TRIBUNAL B BENCH AHMEDABAD (BEFORE S/SHRI G. D. AGARWAL VP AND BHAVNESH SAINI JM) ITA NO.1592/AHD/2010 A. Y.: 2005-06 BESTO TRADELINK PVT. LTD. 9 TH FLOOR B.D. PATEL HOUSE NARANPURA AHMEDABAD VS THE COMMISSIONER OF INCOME TAX AHMEDABSAD -1 AHMEDABAD PA NO. AAACB 6241 P (APPELLANT) (RESPONDENT) APPELLANT BY SHRI SUNIL H. TALATI AR RESPONDENT BY SHRI ALOK JOHN SR. DR O R D E R PER BHAVNESH SAINI: THIS APPEAL BY THE ASSESSEE IS DIRECTED AGAINST THE ORDER OF THE COMMISSIONER INCO ME TAX-I AHMEDABAD DATED 15-03-2010 PASSED U/S 263 OF THE IT ACT FOR ASSESSMENT YEAR 2005-06. 2. THE LEARNED COUNSEL FOR THE ASSESSEE AFTER ARGUI NG IN BRIEF SUBMITTED THAT THE AO IN PURSUANCE OF THE DIRECTION OF THE COMMISSIONER OF INCOME TAX U/S 263 OF THE IT ACT FR AMED THE ASSESSMENT U/S 143(3) READ WITH SECTION 263 OF THE IT ACT VIDE ORDER DATED 01-12-2010 IN WHICH TWO FURTHER ADDITIONS HAV E BEEN MADE. COPY OF THE ORDER IS FILED. HE HAS THEREFORE SUBM ITTED THAT HE WOULD NOT BE PRESSING THE APPEAL OF THE ASSESSEE BECAUSE HE WOULD BE AGITATING THE ADDITIONS ON MERIT IN APPEAL BEFORE T HE LEARNED CIT(A). ITA NO.1592/AHD/2010 BESTO TRADELINK PVT. LTD. VS CIT - I AHMEDABAD 2 3. CONSIDERING THE FACTS OF THE CASE IN THE LIGHT O F THE SUBMISSION OF THE LEARNED COUNSEL FOR THE ASSESSEE THE APPEAL OF THE ASSESSEE IS DISMISSED AS WITHDRAWN. HOWEVER THE ASSESSEE IS AT LIBERTY TO AGITATE THE ADDITIONS ON MERIT IN ACCORDANCE WITH L AW. WITH THESE OBSERVATIONS THE APPEAL OF THE ASSESSEE IS DISMISSE D AS WITHDRAWN. 4. IN THE RESULT THE APPEAL OF THE ASSESSEE IS DIS MISSED AS WITHDRAWN. ORDER PRONOUNCED IN THE OPEN COURT ON 04-07-2011 SD/- SD/- (G. D. AGARWAL) VICE PRESIDENT (BHAVNESH SAINI) JUDICIAL MEMBER DATE : 04-07-2011 LAKSHMIKANT/- COPY OF THE ORDER FORWARDED TO: 1. THE APPELLANT 2. THE RESPONDENT 3. THE CIT CONCERNED 4. THE CIT(A) CONCERNED 5. THE DR ITAT AHMEDABAD 6. GUARD FILE BY ORDER D Y. REGISTRAR ITAT AHMEDABAD