Sports Authority of Andhra Pradesh, Hyderabad v. The CCIT, Hyderabad

IN THE INCOME TAX APPELLATE TRIBUNAL HYDERABAD BENCH A' HYDERABAD BEFORE SHRI N.R.S. GANESAN JM AND SHRI AKBER BASHA AM I.T.A. NO. 748/HYD/2010 (ASSESSMENT YEAR : N.A.) SPORTS AUTHORITY OF ANDHRA PRADESH HYDERABAD PAN: ABLFS1228G VS. THE CHIEF COMMISSIONER OF INCOME-TAX HYDERABAD APPELLANT RESPONDENT APPELLANT BY: SHRI MOHD. AFZAL RESPONDENT BY: SHRI K.V.N. CHARYA O R D E R PER NRS GANESAN JM: THIS APPEAL OF THE ASSESSEE IS DIRECTED AGAINST TH E ORDER OF THE CHIEF COMMISSIONER OF INCOME-TAX HYDERABAD- 1 DATED 31.3.2010 REFUSING APPROVAL U/S. 10(23C)(IV) OF THE INCOME-TAX ACT 1961. 2. WHEN THE APPEAL WAS TAKEN UP FOR HEARING SHRI MO HD. AFZAL THE LEARNED REPRESENTATIVE FOR THE ASSESSEE SUBMITTED THAT THE ASSESSEE MAY BE PERMITTED TO WITHDRAW THE APPEA L FILED BY IT. THE LEARNED REPRESENTATIVE HAS ALSO MADE AN EN DORSEMENT TO THAT EFFECT. THE LEARNED DR HAS NO OBJECTION FO R DISMISSING THE APPEAL AS WITHDRAWN. ACCORDINGLY THE APPEAL OF THE ASSESSEE IS DISMISSED AS WITHDRAWN. 3. IN THE RESULT THE APPEAL OF THE ASSESSEE IS DIS MISSED. ORDER PRONOUNCED IN THE OPEN COURT ON THE DATE OF H EARING I.E. ON 20TH JANUARY 2011. SD/- (AKBER BASHA) ACCOUNTANT MEMBER SD/- (N.R.S. GANESAN) JUDICIAL MEMBER HYDERABAD DATED 20TH JANUARY 2011 TPRAO I.T.A. NO. 748/HYD/2010 SPORTS AUTHORITY OF ANDHRA PRADESH =========================== 2 COPY FORWARDED TO: 1. SPORTS AUTHORITY OF ANDHRA PRADESH C/O. MOHD. A FZAL ADVOCATE 11-5-465 SHERSON'S RESIDENCY FLAT NO. 4 02 CRIMINAL COURT ROAD RED HILLS HYDERABAD-500 004 2. THE CHIEF COMMISSIONER OF INCOME-TAX HYDERABAD- 1 I.T. TOWERS A.C. GUARDS HYDERABAD. 3. THE DIT (EXEMPTIONS) HYDERABAD 4. THE DR A BENCH ITAT HYDERABAD