Kerala High Court
The Principal Commissioner Of Income ... vs M/S, Abad Builders on 27 January, 2025
Author: A.K.Jayasankaran Nambiar
Bench: A.K.Jayasankaran Nambiar
2025:KER:6199
IN THE HIGH COURT OF KERALA AT ERNAKULAM
PRESENT
THE HONOURABLE DR. JUSTICE A.K.JAYASANKARAN NAMBIAR
&
THE HONOURABLE MR. JUSTICE EASWARAN S.
MONDAY, THE 27TH DAY OF JANUARY 2025/7TH MAGHA, 1946
I.T.A.NO.18 OF 2023
AGAINST THE ORDER DATED 19.12.2022 IN I.T.A.NO.185/COCH/2017 OF THE
INCOME TAX APPELLATE TRIBUNAL, COCHIN BENCH
APPELLANT/RESPONDENT:
THE PRINCIPAL COMMISSIONER OF INCOME TAX
KOCHI-I, KOCHI, CENTRAL REVENUE BUILDING,
I. S. PRESS ROAD, KOCHI, PIN - 682 018
BY SRI.JOSE JOSEPH, SC, INCOME TAX DEPARTMENT
BY ADV.SRI.P.K.RAVINDRANATHA MENON (SR.)
RESPONDENT/APPELLANT:
M/S.ABAD BUILDERS
NO.86, 8TH FLOOR, NUCLEUS MALL, N.H.49, MARADU,
COCHIN, PIN - 682304
BY ADV.SRI.ISAAC THOMAS
BY ADV.SRI.P.G.CHANDAPILLAI ABRAHAM (MAH/002141/2016)
BY ADV.SRI.JOHN VITHAYATHIL(K/001877/2021)
THIS INCOME TAX APPEAL HAVING BEEN FINALLY HEARD ON
27.01.2025, THE COURT ON THE SAME DAY DELIVERED THE
FOLLOWING:
I.T.A.No.18/23 :: 2 ::
2025:KER:6199
JUDGMENT
Dr. A.K. Jayasankaran Nambiar, J.
It is submitted by Sri.Jose Joseph, the learned Standing Counsel for the Income Tax Department that the tax effect in this I.T. Appeal is less than the threshold limit fixed by the Central Board of Direct Taxes for pursuing an Income Tax Appeal before this Court. The Revenue, therefore, seeks permission to withdraw the I.T. Appeal. Permission is granted, and the I.T. Appeal is dismissed as withdrawn.
Sd/-
DR. A.K.JAYASANKARAN NAMBIAR JUDGE Sd/-
EASWARAN S.
JUDGE
prp/27/1/25
I.T.A.No.18/23 :: 3 ::
2025:KER:6199
APPENDIX OF I.T.A.NO.18/2023 PETITIONER'S ANNEXURES:
ANNEXURE A TRUE COPY OF THE ASSESSMENT ORDER U/S. 143(3) DATED 30/03/2013 ANNEXURE B TRUE COPY OF ORDER PASSED BY COMMISSIONER OF INCOME TAX (APPEALS)-1, KOCHI DATED 10-03- 2017 ANNEXURE C TRUE COPY OF THE ORDER PASSED BY ITAT, COCHIN BENCH IN ITA 185/COCH/2017 DATED 19- 12-2022 ANNEXURE D TRUE COPY OF FLAT ALLOTMENT DETAILS AS PROVIDED BY THE ASSESSEE VIDE SUBMISSION DATED 22-02-2023.
RESPONDENTS ANNEXURES: NIL.
//TRUE COPY// P.S. TO JUDGE