Omne Agate Systems (P) Ltd., CHENNAI v. DCIT, CHENNAI

ITA 883/CHNY/2011 | 2006-2007
Pronouncement Date: 20-02-2012 | Result: Dismissed

Appeal Details

RSA Number 88321714 RSA 2011
Assessee PAN AAACO3548G
Bench Chennai
Appeal Number ITA 883/CHNY/2011
Duration Of Justice 9 month(s) 7 day(s)
Appellant Omne Agate Systems (P) Ltd., CHENNAI
Respondent DCIT, CHENNAI
Appeal Type Income Tax Appeal
Pronouncement Date 20-02-2012
Appeal Filed By Assessee
Order Result Dismissed
Bench Allotted A
Tribunal Order Date 20-02-2012
Date Of Final Hearing 20-02-2012
Next Hearing Date 20-02-2012
Assessment Year 2006-2007
Appeal Filed On 13-05-2011
Judgment Text
IN THE INCOME-TAX APPELLATE TRIBUNAL CHENNAI A BENCH CHENNAI. BEFORE SHRI N.S. SAINI ACCOUNTANT MEMBER & SHRI GEORGE MATHAN JUDICIAL MEMBER I.T.A. NO. 883/MDS/2011 ASSESSMENT YEAR: 2006-07 OMNE AGATE SYSTEMS (P) LTD. IIND FLOOR NO. 99 MURUGESA NAICKER COMPLEX GREAMS ROAD CHENNAI 600 006. [PAN: AAACO3548G] VS. THE DEPUTY COMMISSIONER OF INCOME TAX COMPANY CIRCLE V(1) CHENNAI 600 034. (APPELLANT) (RESPONDENT) ASSESSEE BY : SHRI T. BANUSEKAR C.A. & SHRI N. VIJAY KUMAR C.A. REVENUE BY : SHRI SHAJI P. JACOB ADDL. CIT DATE OF HEARING : 20.02.2012 DATE OF PRONOUNCEMENT : 20.02.2012 ORDER PER N.S. SAINI ACCOUNTANT MEMBER THIS IS AN APPEAL FILED BY THE ASSESSEE AGAINST TH E ORDER OF THE LD. CIT CHENNAI III CHENNAI DATED 23.03.2011 PASSED IN C. NO. 3033/34/III/2010-11 FOR ASSESSMENT YEAR 2006-07. SHRI T. BANUSEKAR & SH RI N. VIJAY KUMAR C.AS REPRESENTED ON BEHALF OF THE ASSESSEE AND SHRI SHAJI P. JACOB ADDL. CIT REPRESENTED ON BEHALF OF THE REVENUE. 2. AT THE OUTSET THE LD. AR OF THE ASSESSEE SUBMI TTED THAT THE ASSESSING OFFICER HAS PASSED ORDER UNDER SECTION 143(3) R.W.S . 263 OF THE INCOME TAX ACT 1961 ON 30.12.2011 WHEREIN HE HAS MADE NO ADD ITION ON ACCOUNT OF I.T.A. I.T.A. I.T.A. I.T.A. NO. NO. NO. NO.883 883883 883/M/11 /M/11 /M/11 /M/11 2 CENTRAL CAPITAL INVESTMENT SUBSIDY OF ` .30.00 LAKHS RECEIVED FROM THE MEGHALAYA STATE GOVERNMENT TO THE INCOME OF THE ASS ESSEE. THUS THE APPEAL FILED BY THE ASSESSEE AGAINST THE ORDER OF T HE LD. CIT UNDER SECTION 263 OF THE ACT DATED 23.03.2011 HAS BECOME INFRUCTU OUS AS NO GRIEVANCE REMAINS TO THE ASSESSEE AGAINST SUCH ORDER OF THE L D. CIT. HE THEREFORE PRAYED THAT THE ASSESSEE MAY BE PERMITTED TO WITHDR AW HIS APPEAL. 3. THE LD. DR DID NOT HAVE ANY OBJECTION TO THE SU BMISSIONS MADE BY THE LD. AR OF THE ASSESSEE. 4. HENCE WE DISMISS THE APPEAL OF THE ASSESSEE AS WITHDRAWN. ORDER PRONOUNCED AT THE CLOSE OF THE HEARING IN THE PRESENCE OF THE PARTIES ON 20.02.2012. SD/ - SD/ - (GEORGE MATHAN) JUDICIAL MEMBER (N.S.SAINI) ACCOUNTANT MEMBER CHENNAI DATED THE 20.02.2012 VM/- TO: THE ASSESSEE//A.O./CIT(A)/CIT/D.R.