Mr. Ajitchandra J. Thakkar ACIT, Range 13(2) C/o Morarji Peraj & Co. Aayakar Bhavan, M.K. Road 138, Masjid Bander Road Mumbai 400020 Vs. Masjid Bunder, Mumbai 400003
December, 12th 2013
IN THE INCOME TAX APPELLATE TRIBUNAL
"A" Bench, Mumbai
Before Shri D. Manmohan, Vice President
and Shri Sanjay Arora, Accountant Member
ITA No. 170/Mum/2012
(Assessment Year: 2008-09)
Mr. Ajitchandra J. Thakkar ACIT, Range 13(2)
C/o Morarji Peraj & Co. Vs. Aayakar Bhavan, M.K. Road
138, Masjid Bander Road Mumbai 400020
Masjid Bunder, Mumbai 400003
PAN - ACDPT4375Q
Appellant by: Ms. Neomi Lakhpatia
Respondent by: Shri M.L. Perumal
Date of Hearing: 05.12.2013
Date of Pronouncement: 05.12.2013
Per D. Manmohan, V.P.
This appeal by the assessee is directed against the order dated
01.11.2011 passed by CIT(A) 24, Mumbai and it pertains to A.Y. 2008-09.
Disallowance of an amount of `4,99,889/- on account of interest paid on
unsecured loans is the subject matter of dispute before us.
2. During the course of hearing the learned counsel for the assessee
moved an application for withdrawal of the appeal to which Revenue has no
objection. We, therefore, allow assessee to withdraw its appeal. Accordingly
this appeal is dismissed as withdrawn.
Order pronounced in the open court on 5th December, 2013.
(Sanjay Arora) (D. Manmohan)
Accountant Member Vice President
Mumbai, Dated: 5th December, 2013
2 ITA No. 170/Mum/2012
Mr. Ajitchandra J. Thakkar
1. The Appellant
2. The Respondent
3. The CIT(A) 24, Mumbai
4. The CIT 13, Mumbai City
5. The DR, "A" Bench, ITAT, Mumbai
ITAT, Mumbai Benches, Mumbai