M/s Prem Bansal Real Estate P. Ltd., Zirakpur V. DCIT, CC, Patiala

ITA 1147/CHANDI/2019

• Counselvise Citation: [2021] 109 COUNSELVISE.COM (IT) 5862 (ITAT-CHANDIGARH)
• Duration Of Justice: 1 year(s) 5 month(s) 7 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 28-01-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: Chandigarh
• Assessment Year: 2016-2017
• Appeal Filed On: 20-08-2019
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: ASHOK KHANNA

Judgement Text

, , IN THE INCOME TAX APPELLATE TRIBUNAL, CHANDIGARH BE NCH B, CHANDIGARH (VIRTUAL COURT) .., ! '# .. , $ %& BEFORE: SHRI. N.K.SAINI, VP & SHRI , R.L. NEGI, JM ITA NO. 1147/CHD/2019 ASSESSMENT YEAR : 2016-17 M/S PREM BANSAL REAL ESTATE P. LTD. SCO 103, SWASTIK VIHAR, PATIALA ROAD ZIRAKPUR, PUNJAB THE DCIT CENTRAL CIRCLE PATIALA, PUNJAB PAN NO: AADCP4437C APPELLANT RESPONDENT !' ASSESSEE BY : NONE (WITHDRAWAL APPLICATION) #!' REVENUE BY : SHRI ASHOK KHANNA, ADDL. CIT $ %! & DATE OF HEARING : 28/01/2021 '()*! & DATE OF PRONOUNCEMENT : 28/01/2021 %'/ ORDER PER N.K. SAINI, VICE PRESIDENT: THIS IS AN APPEAL FILED BY THE ASSESEE AGAINST THE ORDER OF THE LD. CIT(A)-5, LUDHIANA DT. 17/06/2019. 2. DURING THE COURSE OF HEARING NONE APPEARED ON BEHALF O F THE ASSESSEE BUT A WITHDRAWAL APPLICATION HAS BEEN MOVED BY THE LD. COUNSE L FOR THE ASSESSEE WHICH READS AS UNDER: SUB: REQUEST FOR WITHDRAW OF APPEAL IN THE CASE O F M/S PREM BANSAL REAL ESTATE PVT. LTD., SWASTIK VIHAR, PATIALA ROAD, ZIRAKPUR (I TA NO. 1147/CHANDI-2019) AY 2016- 17 BENCH: SMC RESPECTED MEMBERS, THE ASSESSEE HAS OPTED FOR THE DISPUTE SETTLEMENT S CHEME UNDER DIRECT TAX VIVAD SE VISHWAS SCHEME WHICH HAS BEEN ACCEPTED BY THE DE PARTMENT AND FORM -3 IS ISSUED. COPY OF FORM 3 IS ENCLOSED. THEREFORE WE RE QUEST THE HON'BLE BENCH TO ALLOW THE WITHDRAWAL OF THE ABOVE SAID APPEAL. COUNSEL FOR ASSESSEE 2 SD/- VIBHOR GARG, FCA 3. IN THE PRESENT CASE, IT IS NOTICED THAT THE ASSESSE E HAS AVAILED THE IMMUNITY SCHEME I.E; VIVAD SE VISHWAS AND THE INCOME TAX DEPART MENT HAS SINCE ISSUED FORM 3 BEARING CERTIFICATE NO. 217177870160121, IN RESPONSE TO THE APPLICATION FILED BY THE ASSESSEE, UNDER SECTION 5(1) OF THE DIRECT TAX VIVAD S E VISHWAS ACT, 2020, THEREFORE THE APPEAL OF THE ASSESSEE IS TO BE DISMISSED AS WITHDRAW N. 4. THE LD. DR DID NOT OBJECT IF APPEAL OF THE ASSESSEE IS DISMISSED AS WITHDRAWN. 5. IN VIEW OF THE ABOVE THE APPEAL OF THE ASSESSEE IS D ISMISSED AS WITHDRAWN. (ORDER PRONOUNCED IN THE OPEN COURT ON 28/01/2021). SD/- SD/- .. .., (R.L. NEGI ) ( N.K. SAIN I) $ %&/ JUDICIAL MEMBER ! / VICE PRESIDENT AG DATE: 28/01/2021 (+! ,-.- COPY OF THE ORDER FORWARDED TO : 1. THE APPELLANT 2. THE RESPONDENT 3. $ / CIT 4. $ / 01 THE CIT(A) 5. -2 45&456789 DR, ITAT, CHANDIGARH 6. 8:% GUARD FILE