Deepak Bajaj, Ludhiana V. ACIT, CC-3, Ludhiana

ITA 1226/CHANDI/2019

• Counselvise Citation: [2021] 108 COUNSELVISE.COM (IT) 8910 (ITAT-CHANDIGARH)
• Duration Of Justice: 1 year(s) 6 month(s) 7 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 16-03-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: A
• Assessment Year: 2017-2018
• Appeal Filed On: 09-09-2019
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: C CHANDRAKANTA CIT
• Assessee Lawyers: RAJEEV AGGARWAL
• Section: 2

Judgement Text

, , IN THE INCOME TAX APPELLATE TRIBUNAL, CHANDIGARH BE NCH A, CHANDIGARH (VIRTUAL COURT) .., !' # $!, BEFORE: SHRI. N.K.SAINI, VP & SHRI , RAJPAL YADAV, VP ITA NO. 1226/CHD/2019 ASSESSMENT YEAR : 2017-18 SHRI DEEPAK BAJAJ 70-A, SHASTRI NAGAR, LUDHIANA-141002 THE ACIT, CC - 3 LUDHIANA PAN NO: ABJPB9964C APPELLANT RESPONDENT !' ASSESSEE BY : SHRI RAJEEV AGGARWAL, CA #!' REVENUE BY : SMT. C. CHANDRAKANTA, CIT $ %! & DATE OF HEARING : 16/03/2021 '()*! & DATE OF PRONOUNCEMENT : 16/03/2021 $%/ ORDER PER RAJPAL YADAV, VICE PRESIDENT THIS IS AN APPEAL FILED BY THE ASSESSEE AGAINST THE ORDER OF THE LD. CIT(A)-5, LUDHIANA DT. 27/06/2019. 2. THE LD. COUNSEL FOR THE ASSESSEE FURNISHED AN AP PLICATION FOR WITHDRAWAL OF THIS APPEAL STATING THEREIN AS UNDER: SUB: APPEAL NO. ITA 1226/CHANDI/2019 FIXED FOR HEAR ING ON 27.04.2021 RESPECTED SIR / MADAM, KINDLY REFER TO APPEAL NO. ITA 1226/CHANDI/2019 WHI CH IS FIXED FOR HEARING ON 27.04.2021. IN THIS REGARD WE WANT TO COMMUNICATE THAT INSTEAD OF SETTING THE APPEAL PROCESS, WE HAVE DECIDED TO OPT FOR VIVAD SE VISHWA S SCHEME, 2020. IN REGARD TO THE SAME, WE HAVE ALREADY FILED OUR DECLARATION IN FORM -1 ALONG WITH UNDERTAKING IN FORM-2 THUS WAIVING OUR RIGHT TO SEE K OR PURSUE ANY REMEDY OR ANY CLAIM WHICH MAY BE AVAILABLE TO US. WE ARE ALSO ENC LOSING HEREWITH FORM 3 FORM FOR CERTIFICATE UNDER SUB-SECTION(1) OF SECTION 5 OF THE DIRECT TAX 2 VIVAD SE VISHWAS ACT, 2020 (3 OF 2020) THE DIRECT TA X VIVAD SE VISHWAS RULES, 2020. WE REQUEST YOU TO KINDLY UPDATE THE SAME IN YOUR RE CORDS. YOURS FAITHFULLY, SD/- 3. DURING THE COURSE OF HEARING THE LD. COUNSEL FOR THE ASSESSEE SUBMITTED THAT SINCE THE ASSESSEE HAS AVAILED THE IMMUNITY SC HEME I.E; VIVAD SE VISHWAS AND T HE INCOME TAX DEPARTMENT HAS ISSUED FORM 3 BEARING CERTIFICATE NO. 265511380160221 , IN RESPONSE TO THE APPLICATION FILED BY THE ASSESSE E, UNDER SECTION 5(1) OF THE DIRECT TAX VIVAD SE VISHWAS ACT , 2020, THEREFORE THE APPEAL OF THE ASSESSEE MAY BE ALLOWED TO BE WITHDRAWN. 4. THE LD. DR DID NOT OBJECT IF APPEAL OF THE ASSES SEE IS DISMISSED AS WITHDRAWN. 5. IN VIEW OF THE ABOVE THE APPEAL OF THE ASSESSEE IS DISMISSED AS WITHDRAWN. 6. IN THE RESULT, APPEAL OF THE ASSESSEE IS DISMISS ED. (ORDER PRONOUNCED IN THE OPEN COURT ON 16/03/2021) SD/- SD/- .. # $! ( N.K. SAINI) (RAJPAL YADAV) / VICE PRESIDENT / VICE PRESIDENT AG DATE: 16/03/2021 (+! ,-.- 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