M/s. Classic Flour & Food Processing Pvt. Ltd., Kolkata V. ITO, Ward - 11(4), KOLKATA, Kolkata

ITA 1288/KOL/2018

• Counselvise Citation: [2021] 108 COUNSELVISE.COM (IT) 8587 (ITAT-KOLKATA)
• Duration Of Justice: 2 year(s) 9 month(s) 13 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 25-03-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: A
• Next Hearing Date: 25-03-2021
• Assessment Year: 2009-2010
• Appeal Filed On: 12-06-2018
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: SUPRIYO PAL
• Assessee Lawyers: S M SURANA
• Keywords: Competent authority

Judgement Text

ITA NO.1288/KOL/2018 M/S CLASSIC FLOUR & FOOD PROCESSING PVT. LTD. A.Y. 2009-10 1 | P A GE , A , IN THE INCOME TAX APPELLATE TRIBUNAL A BENCH: KOL KATA [BEFORE SHRI J. SUDHAKAR REDDY, AM AND SHRI A. T. VARKEY, JM] I.T.A. NO. 1288/KOL/2018 ASSESSMENT YEAR: 2009-10 M/S CLASSIC FLOUR & FOOD PROCESSING PVT. LTD. (PAN: AABCC 1735 G) VS. ITO, WARD-11(4), KOLKATA APPELLANT RESPONDENT DATE OF HEARING (VIRTUAL) 25.03.2021 DATE OF PRONOUNCEMENT 25.03.2021 FOR THE APPELLANT SHRI S. M. SURANA, ADVOCATE FOR THE RESPONDENT SHRI SUPRIYO PAL, ADDL. CIT ORDER PER SHRI A. T. VARKEY, JM: THIS IS AN APPEAL PREFERRED BY THE ASSESSEE AGAINS T THE ORDER OF LD. CIT(A)-4, KOLKATA DATED 25.05.2018 FOR ASSESSMENT YEAR 2009-1 0. 2. AT THE OUTSET THE LD. A.R FOR THE ASSESSEE SHR I S. M. SURANA SUBMITTED THAT ASSESSEE HAS ALREADY FILED FORM NO. 1 AND FORM NO. 2 TO OPT FOR DIRECT TAX VIVAD SE VISWAS SCHEME, 2020 (HEREINAFTER, THE SCHEME). SO THERE IS NO POINT IN KEEPING THE APPEAL PENDING. IN CASE IF THE COMPETENT AUTHORITY UNDER THE SCHEME, DOES NOT ACCEPT THE PROPOSAL OF ASSESSEE TO OPT FOR THE SCHEME, THEN THE ASSESSE E TO INTIMATE THE FACT TO THE REVENUE AND THE REVENUE IS AT LIBERTY TO RE-CALL THIS ORDER. WITH THIS CAVEAT WE ALLOW THE PLEA OF THE ASSESSEE TO WITHDRAW THE INSTANT APPEAL OF THE REV ENUE. 3. NEEDLESS TO SAY, THIS ACTION OF OURS WILL NOT PR ECLUDE THE COMPETENT AUTHORITY TO ACCEPT THE FORM NO. 1 & 2 FILED BY THE ASSESSEE IN ACCORDANCE TO SCHEME AND LAW. ITA NO.1288/KOL/2018 M/S CLASSIC FLOUR & FOOD PROCESSING PVT. LTD. A.Y. 2009-10 2 | P A GE 4. IN THE RESULT, THE APPEAL OF THE ASSESSEE IS T REATED AS DISMISSED BEING WITHDRAWN AT THE INSTANCE OF ASSESSEE AS PER THE SCHEME. ORDER IS PRONOUNCED IN THE OPEN COURT. SD/- SD/- (J.S. REDDY) (A. T. VARKEY) ACCOUNTANT MEMBER JUDICIAL MEMBER DATED: 25.03.2021 SB, SR. PS COPY OF THE ORDER FORWARDED TO: 1. APPELLANT- M/S CLASSIC FLOUR & FOOD PROCESSING PVT. LTD., 49/2, SINGHI VILLA, GARIAHAT ROAD, KOLKATA-700019 2. RESPONDENT ITO, WARD-11(4), KOLKATA 3. THE CIT(A)- 4, KOLKATA (SENT THROUGH E-MAIL) 4. CIT- , KOLKATA 5. DR, KOLKATA BENCHES, KOLKATA (SENT THROUGH E-MAIL) TRUE COPY BY ORDER ASSISTANT REGISTRAR ITAT, KOLKATA BENCHES, KOLKATA