MAHANAGAR GAS LTD, M,UMBAI v. JCIT RG 6(3), MUMBAI

I.T.A NO.5274/ MUM/2008 MAHANAGAR GAS LTD. 1 IN THE INCOME TAX APPELLATE TRIBUNAL B BENCH MUMBAI. [ CORAM: D.MANMOHAN V.P. AND PRAMOD KUMAR AM ] I.T.A NO.5274/ MUM/2008 ASSESSMENT YEAR: 2004-05 MAHANAGAR GAS LTD. .. APPELLANT MGL HOUSE G-33 BANDRA KURLA COMPLEX OPP ICICI TOWERS BANDRA KURLA COMPLEX BANDRA (E) MUMBAI. PA NO.ABBCM 4604 G VS JCIT RANGE 6(3) . RESPONDEN T AAYAKAR BHAVAN M.K. ROAD MUMBAI. APPEARANCES: P.P.JAYARAMAN FOR THE APPELLANT NARESH KUMAR BALODIA FOR THE RESPONDENT O R D E R PER PRAMOD KUMAR: 1. THIS APPEAL IS FILED BY THE ASSESSEE AGAINST THE ORDER DATED 23 RD JUNE 2008 IN THE MATTER OF ASSESSMENT UNDER SECTION 143(3) OF TH E INCOME TAX ACT 1961 FOR THE ASSESSMENT YEAR 2004-05. THE ONLY GROUND RAISED IN THIS APPEAL IS AGAINST CONFIRMATION OF ADHOC ADDITION OF ` .25 00 000/- ON ACCOUNT OF COMPENSATION FROM CUSTOMERS. I.T.A NO.5274/ MUM/2008 MAHANAGAR GAS LTD. 2 2. WHEN THIS APPEAL WAS CALLED ON FOR HEARING SHRI P.P.JAYARAMAN LEARNED COUNSEL FOR THE ASSESSEE REQUESTED FOR WITHDRAWAL OF THE APPEAL TO WHICH THE LEARNED D.R. HAD NO OBJECTION. IN VIEW OF THIS WE PERMIT THE ASSESSEE TO WITHDRAW ITS APPEAL. 3. IN THE RESULT THE APPEAL STANDS DISMISSED AS WI THDRAWN. PRONOUNCED IN THE OPEN COURT AT THE TIME OF HEARI NG ON 9 TH FEBRUARY 2011. SD/- (D.MANMOHAN ) (VICE PRESIDENT) SD/- (PRAMOD KUMAR) (ACCOUNTANT MEMBER) MUMBAI DATED 9 TH FEBRUARY 2011 PARIDA COPY TO: 1. THE APPELLANT 2. THE RESPONDENT 3. COMMISSIONER OF INCOME TAX (APPEALS) XXV MUMBA I 4. COMMISSIONER OF INCOME TAX 6 MUMBAI 5. DEPARTMENTAL REPRESENTATIVE BENCH B MUMBAI //TRUE COPY// BY ORDER ASSTT. REGISTRAR ITAT MUMBAI I.T.A NO.5274/ MUM/2008 MAHANAGAR GAS LTD. 3 I.T.A NO.5274/ MUM/2008 MAHANAGAR GAS LTD. 4