M/s. Fidelity Multitrade P. Ltd. v. Income-tax Officer-1(1)(3), Mumbai
[Citation -2016-LL-1003-26]

Citation 2016-LL-1003-26
Appellant Name M/s. Fidelity Multitrade P. Ltd.
Respondent Name Income-tax Officer-1(1)(3), Mumbai
Court ITAT-Mumbai
Relevant Act Income-tax
Date of Order 03/10/2016
Assessment Year 2010-11
Judgment View Judgment
Bot Summary: At the outset of hearing of the appeal today, the learned counsel for the assessee submitted a letter dated 03.10.2016 addressed to the Bench by the Director of the assessee company seeking permission to withdraw this appeal. In this connection we, the appellant, crave leave of Your Honour for withdrawal of the said appeal. In view of the letter of the Director of assessee company, we dismiss this appeal of the assessee for A.Y. 2010-11 as withdrawn. In the result, the assessee s appeal for A.Y. 2010-11 is dismissed. Order pronounced in the open court on 3rd October, 2016.


IN INCOME TAX APPELLATE TRIBUNAL "F" Bench, Mumbai Before Shri Jason P. Boaz, Accountant Member and Shri Sandeep Gosain, Judicial Member ITA No. 3114/Mum/2015 (Assessment Year: 2010-11) M/s. Fidelity Multitrade P. Ltd. Income Tax Officer-1(1)(3) 3/3A, Churchgate House Room No. 531-A, 5th Floor Vs. 32/34, Veer Nariman Road Aayakar Bhavan, M.K. Road Fort, Mumbai 400001 Mumbai 400020 PAN AABCF0017A Appellant Respondent Appellant by: Shri Shriram Bajaj Respondent by: Shri G.M. Doss Date of Hearing: 03.10.2016 Date of Pronouncement: 03.10.2016 ORDER Per Jason P. Boaz, A.M. This appeal by assessee is directed against order passed under section 263 of Income Tax Act, 1961 (in short, 'the Act') vide order dated 20.03.2015 for A.Y. 2010-11. 2. At outset of hearing of appeal today, learned counsel for assessee submitted letter dated 03.10.2016 addressed to Bench by Director of assessee company seeking permission to withdraw this appeal. This letter reads as under: - October 3, 2016 Hon'ble Members Income Tax Appellate Tribunal Mumbai Bench F Mumbai Re: Fidelity Multitrade Pvt. Ltd. ITA No.: 3114/Mum/2015 (Assessment Year: 2010-11) Sub: Request for permission for withdrawal of appeal 2 ITA No. 3114/Mum/2015 M/s. Fidelity Multitrade P. Ltd. MAY IT PLEASE YOUR HONOURS This has reference to captioned appeal hearing of which is fixed before Your Honours on 03.10.2016. In this connection we, appellant, crave leave of Your Honour for withdrawal of said appeal. Your Honours faithfully, For Fidelity Multitrade Pvt. Ltd. Sd/- Director Appellant 3. In view of letter of Director of assessee company (supra), we dismiss this appeal of assessee for A.Y. 2010-11 (including grounds raised) as withdrawn. 4. In result, assessee s appeal for A.Y. 2010-11 is dismissed. Order pronounced in open court on 3rd October, 2016. Sd/- Sd/- (Sandeep Gosain) (Jason P. Boaz) Judicial Member Accountant Member Mumbai, Dated: 3rd October, 2016 Copy to: 1. Appellant 2. Respondent 3. CIT - 1, Mumbai 4. DR, F Bench, ITAT, Mumbai By Order //True Copy// Assistant Registrar ITAT, Mumbai Benches, Mumbai n.p. M/s. Fidelity Multitrade P. Ltd. v. Income-tax Officer-1(1)(3), Mumbai
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