Real Estate Firm Backs Down: ITAT Formally Dismisses Uncontested Tax Appeal [Read Order]
No observations were made on the merits of the case, and the decision was procedural, prompted solely by the assessee’s own decision to back down from contesting
Real Estate Firm Backs Down
Real Estate Firm Backs Down
In a brief hearing that concluded without contest, the Income Tax Appellate Tribunal (ITAT), Nagpur Bench, dismissed the appeal filed by real estate company Harmony Homes against the order passed by the Principal Commissioner of Income Tax (Central) in relation to Assessment Year 2019–20.
The case arose from Harmony Homes’ challenge to the order dated March 20, 2024. However, at the hearing held on February 24, 2025, the company, represented by its authorised representative Mahavir Atal, declared it was no longer interested in pursuing the matter. In response, the Department, represented by Shri Sandipkumar Salunke, raised no objection to the withdrawal.
Taking note of the submission, the Tribunal bench comprising V. Durga Rao (Judicial Member) and K.M. Roy (Accountant Member) passed a concise order dismissing the appeal as “not pressed”.
The order was pronounced in the open court on the same day, bringing closure to the proceedings. No observations were made on the merits of the case, and the decision was procedural, prompted solely by the assessee’s own decision to back down from contesting.
While no detailed arguments or contentions were recorded, the Tribunal’s order marks the formal end of litigation in the matter. It may be noted that appeals dismissed as not pressed hold no bearing on the legal validity of the initial assessment or the PCIT’s order.
No judicial precedent was cited during the hearing, and the matter concluded in less than a day with both parties in agreement.
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