Bharat Industries, Pune V. Deputy Commissioner of Income-tax, Circle - 14, Pune

ITA 105/PUN/2019

• Counselvise Citation: [2022] 105 COUNSELVISE.COM (IT) 1223 (ITAT-PUNE)
• Duration Of Justice: 3 year(s) 4 month(s) 4 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 24-05-2022
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: A
• Assessment Year: 2014-2015
• Appeal Filed On: 20-01-2019
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: S P WALIMBE

Judgement Text

आयकर अपीलीय अिधकरण “ए” Ɋायपीठ पुणे मŐ । IN THE INCOME TAX APPELLATE TRIBUNAL “A” BENCH, PUNE BEFORE SHRI R S SYAL, VICE PRESIDENT AND SHRI PARTHA SARATHI CHAUDHURY, JUDICIAL MEMBER आयकरअपीलसं. / ITA No.105/PUN/2019 िनधाᭅरण वषᭅ / Assessment Year: 2014-15 Bharat Industries, Plot No.46, Phase No.II, Ramtekdi Industries, Hadapsar, Pune – 411 013. PAN: AADFB 7032 N Vs The Deputy Commissioner of Income Tax, Circle-14, Pune. Appellant/ Assessee Respondent /Revenue Assessee by Smt. Deepa Khare – AR Revenue by Shri S P Walimbe – DR Date of hearing 24/05/2022 Date of pronouncement 25/05/2022 आदेश / ORDER PER PARTHA SARATHI CHAUDHURY, JM: This appeal preferred by the assessee emanates from the order of ld.Commissioner of Income Tax(Appeals)-7, Pune dated 06.11.2018 for the Assessment Year 2014-15. 2. The appeal came up hearing on 24 th May, 2022. Smt.Deepa Khare, ld.Authorised Representative(ld.AR) of the assessee appeared on behalf of the assessee. However, perusal of record reveals that the assessee has already settled dispute with Income Tax Department by availing the benefits of Vivad se Visvas Scheme -2020 (VSV-20) and received Form-5 of VSV-20 from designated authority vide Acknowledgment No.354028151250821 dated 25.08.2021. The ld.AR of the assessee requested to withdraw the appeal. ITA No.105/PUN/2019 for A.Y. 2014-15 Bharat Industries (A) 2 3. On the other hand the learned Departmental Representative (DR) submits that he has no objection, if the appeal of the assessee is dismissed as withdrawn. 4. We have considered the contents of the application filed by the assessee and the submissions of the Ld.DR for the Revenue. Considering the facts that the assessee has already filed application before the prescribed authority and settled the tax liability with the income–tax department under VSV-20 and have received Form-5 vide acknowledgement No354028151250821 dated 25.08.2021 from designated authority. Hence, the appeal of the assessee is dismissed as withdrawn 5. In the result, the appeal filed by the Assessee stands dismissed as ‘withdrawn’. Order pronounced in the open Court on 25 th May, 2022. Sd/- Sd/- (R S SYAL) (PARTHA SARATHI CHAUDHURY) VICE PRESIDENT JUDICIAL MEMBER पुणे / Pune; ᳰदनांक / Dated : 25 th May, 2022/ SGR* आदेश कᳱ ᮧितिलिप अᮕेिषत / Copy of the Order forwarded to : 1. अपीलाथᱮ / The Appellant. 2. ᮧ᭜यथᱮ / The Respondent. 3. The CIT(A) concerned. 4. The Pr. CIT concerned. 5. िवभागीय ᮧितिनिध, आयकर अपीलीय अिधकरण, “ए” बᱶच, पुणे / DR, ITAT, “A” Bench, Pune. 6. गाडᭅ फ़ाइल / Guard File. आदेशानुसार / BY ORDER, // TRUE COPY // Senior Private Secretary आयकरअपीलीयअिधकरण, पुणे/ITAT, Pune.