M/s. Ajay Bio Tech (India) Ltd, Pune V. Commissioner of Income tax -1, Pune

ITA 1225/PUN/2017

• Counselvise Citation: [2021] 109 COUNSELVISE.COM (IT) 1734 (ITAT-PUNE)
• Duration Of Justice: 3 year(s) 9 month(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 16-02-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: B
• Next Hearing Date: 14-01-2021
• Assessment Year: 2012-2013
• Appeal Filed On: 16-05-2017
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: VITTHAL BHOSALE
• Section: 263

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL B BENCH, PUN E (THROUGH VIRTUAL COURT) BEFORE SHRI WASEEM AHMED, AM AND SHRI S. S. VISWANETHRA RAVI, JM . / ITA NO.1225/PUN/2017 / ASSESSMENT YEAR : 2012-13 M/S. AJAY BIOTECH (INDIA) LTD., ....... / APPELLANT OFFICE NO.2, 1 ST FLOOR, TARA ICON, PUNE MUMBAI ROAD, WAKADEWADI, PUNE 3, MAHARASHTRA. PAN : AABCA7853P / V/S. THE COMMISSIONER OF INCOME TAX 1, PUNE. / RESPONDENT ASSESSEE BY : SHRI SUHAS BORA. WITHDRAWAL APPLICATION FILED. REVENUE BY : SHRI VITTHAL BHOSALE. / DATE OF HEARING : 16.02.2021 / DATE OF PRONOUNCEMENT : 16.02.2021 / ORDER THE APPEAL FILED BY THE ASSESSEE IS DIRECTED AGAINST THE ORDER OF THE LD. COMMISSIONER OF INCOME TAX I, PUNE DATED 30.03.2017 PA SSED U/S 263 OF THE ACT FOR THE ASSESSMENT YEAR 2012-13. 2. BEFORE US, THE APPELLANT FILED A LETTER DATED 13.02.2021 S EEKING PERMISSION TO WITHDRAW THE APPEAL ON THE GROUND THAT TH E ISSUE INVOLVED IN THIS APPEAL STANDS SETTLED UNDER THE VIVAD SE VISHWAS SCHEME, 2020. THE APPELLANT ALSO FILED COPY OF FORM NO.5 ISSUED BY PRINCIPAL CO MMISSIONER OF INCOME TAX, PUNE-1. 2 3. ON THE OTHER HAND, THE LD. DEPARTMENT REPRESENTATIV E HAD EXPRESSED NO OBJECTION TO PERMIT THE WITHDRAWAL OF APPEAL. 4. IN THE CIRCUMSTANCES, WE HEREBY GRANT PERMISSION TO THE APPELLANT TO WITHDRAW THE APPEAL. ACCORDINGLY, THE APPEAL STANDS DISMISSED AS WIT HDRAWN. 5. IN THE RESULT, THE APPEAL FILED BY THE ASSESSEE IS DISMIS SED AS WITHDRAWN. ORDER PRONOUNCED IN THE OPEN COURT ON THIS THE 16 TH DAY OF FEBRUARY, 2021. SD/- SD/- (S. S. VISWANETHRA RAVI) (WASEEM AHMED) / JUDICIAL MEMBER / ACCOUNTANT MEMBER / PUNE; / DATED : 16 TH FEBRUARY, 2021. YAMINI / COPY OF THE ORDER FORWARDED TO : 1. / THE APPELLANT. 2. / THE RESPONDENT. 3. THE CIT-1, PUNE. 4 . , , , / DR, ITAT, B BENCH, PUNE. 5. ! / GUARD FILE. / BY ORDER, // TRUE COPY // SENIOR PRIVATE SECRETARY , / ITAT, PUNE.