Sh. Karanjit Singh Nakai, HUF, Patiala V. ITO, W-2, Patiala

CO 10/CHANDI/2019

• Counselvise Citation: [2020] 110 COUNSELVISE.COM (IT) 7026 (ITAT-CHANDIGARH)
• Duration Of Justice: 1 year(s) 3 month(s) 23 day(s)
• Appeal Type: Cross Objection
• Pronouncement Date: 01-09-2020
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: A
• Assessment Year: 2015-2016
• Appeal Filed On: 08-05-2019
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: ARVIND SUDARSHAN

Judgement Text

, , IN THE INCOME TAX APPELLATE TRIBUNAL DIVISION BENCH, A, CHANDIGARH , !' # $ % &' , '( BEFORE SHRI SANJAY GARG, JUDICIAL MEMBER AND MS. ANNAPURNA GUPTA, ACCOUNTANT MEMBER ./ ITA NO. 1607/CHD/2018 / ASSESSMENT YEAR : 2015-16 THE ITO, WARD-2 PATIALA SHRI KARANJIT SINGH NAKAI, 'HUF', #502-E, AZAD NAGAR, SIRHIND ROAD, PATIALA ./PAN NO: AAGHK3412C / APPELLANT /RESPONDENT & C.O. NO. 10/CHD/2019 (IN ./ ITA NO. 1607/CHD/2018) / ASSESSMENT YEAR : 2015-16 SHRI KARANJIT SINGH NAKAI, 'HUF', #502-E, AZAD NAGAR, SIRHIND ROAD, PATIALA THE ITO, WARD-2 PATIALA ./PAN NO: AAGHK3412C / APPELLANT /RESPONDENT HEARING THROUGH VIDEO CONFERENCING '# $ % /ASSESSEE BY : SHRI TEJ MOHAN SINGH, ADVOCATE & $ % / REVENUE BY : SHRI ARVIND SUDARSHAN, JCIT ' ( $ #) /DATE OF HEARING : 31.08.2020/ 01.09.2020 *+,- $ #) / DATE OF PRONOUNCEMENT : 01.09.2020 ') / ORDER PER SANJAY GARG, JUDICIAL MEMBER: THE CAPTIONED APPEAL PREFERRED BY THE REVENUE AND C ROSS OBJECTIONS BY THE ASSESSEE ARE AGAINST THE ORDER 11.10.2018 OF TH E COMMISSIONER OF INCOME TAX (APPEALS), PATIALA [HEREINAFTER REFERRED TO A S CIT(A)]. 2 2. AT THE OUTSET, LD. COUNSEL FOR THE ASSESSEE HAS SUBMITTED THAT SINCE THE ASSESSEE HAS OPTED FOR VIVAD SE VISHWAS SCHEME 2020, THEREFORE, SEEKS WITHDRAWAL OF THE CROSS OBJECTIONS. SEPARATE APPLICATION DATED 22.8.2020 FOR WITHDRAWAL OF THE CROSS OBJECTIONS HA S BEEN SUBMITTED BY THE LD. COUNSEL FOR THE ASSESSEE. SIMILARLY, THE LD. DR HAS ALSO STATED THAT SINCE THE ASSESSEE HAS AVAILED VIVAD SE VISHWAS SCHEME 2020 IN RESPECT O F THE APPEAL FILED BY THE REVENUE AND DUE TAXES HAVE BEEN PAID ACCORDINGLY BY THE ASSESSEE AND FURTHER FORM NO. 3 HAS BEEN ISSUED BY THE DEPARTMEN T, A COPY OF THE WHICH HAS BEEN PLACED ON FILE SHOWING THAT THE ASSESSEE H AS SETTLED THE TAX DISPUTE RELATING TO THE REVENUES APPEAL ALSO. SEPARATE AP PLICATION DATED 01.09.2020 FOR WITHDRAWAL OF THE ABOVE APPEAL HAS BEEN SUBMITT ED BY THE LD. SR.DR. IN VIEW OF THE ABOVE, THE APPEAL OF THE REVENUE A ND CROSS OBJECTIONS OF THE ASSESSEE STAND DISMISSED. ORDER PRONOUNCED ON 01.09.2020. SD/- SD/- ( # $ % &' / ANNAPURNA GUPTA) '( / ACCOUNTANT MEMBER ( / SANJAY GARG) / JUDICIAL MEMBER DATED : 01.09.2020 .. +/$ #0121# / COPY OF THE ORDER FORWARDED TO : 1. / THE APPELLANT 2. / THE RESPONDENT 3. ' 3# / CIT 4. ' 3# ( )/ THE CIT(A) 5. 145 # 6 , )6 , 7895: / DR, ITAT, CHANDIGARH 6. 59;( / GUARD FILE 3 +/ ' / BY ORDER, <& / ASSISTANT REGISTRAR