Punjab Acids-Chem Private Limited, Chandigarh V. ACIT-Circle 4(1), Chandigarh

ITA 14/CHANDI/2020

• Counselvise Citation: [2020] 110 COUNSELVISE.COM (IT) 3871 (ITAT-CHANDIGARH)
• Duration Of Justice: 9 month(s) 29 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 04-11-2020
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: Chandigarh
• Assessment Year: 2015-2016
• Appeal Filed On: 06-01-2020
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: GEETINDER MAAN
• Assessee Lawyers: YOGESH MONGA

Judgement Text

, , IN THE INCOME TAX APPELLATE TRIBUNAL, CHANDIGARH BE NCH B, CHANDIGARH .., ! '# $ %#& '(, ) (* BEFORE: SHRI. N.K.SAINI, VP & SHRI , SATBEER SINGH GODARA, JM ITA NO. 14/CHD/2020 ASSESSMENT YEAR : 2015-16 PUNJAB ACIDS - CHEM PRIVATE LIMITED SCO 288, FF-SECTOR-32-D CHANDIGARH-160031 THE ACIT, CIRCLE4(1) 5 TH FLOOR AAYKAR BHAWAN, SECTOR-17 CHANDIGARH PAN NO: AADCP0900A APPELLANT RESPONDENT !' ASSESSEE BY : SHRI YOGESH MONGA, C.A #!' REVENUE BY : SMT. GEETINDER MAAN, ADDL. CIT $ %! & DATE OF HEARING : 04/11/2020 '()*! & DATE OF PRONOUNCEMENT : 04/11/2020 (+/ ORDER PER SATBEER SINGH GODARA, JUDICIAL MEMBER THIS IS AN APPEAL FILED BY THE ASSESSEE AGAINST THE ORDER OF THE LD. CIT(A)-2, CHANDIGARH DT. 21/11/2019. 2. THE LD. COUNSEL FOR THE ASSESSEE FURNISHED AN AP PLICATION FOR WITHDRAWAL OF THIS APPEAL STATING THEREIN AS UNDER: SUBJECT: WITHDRAWAL OF CASE OF M/S PUNJAB ACIDS-CHE M PRIVATE LIMITED, CHANDIGARH APPEAL NO. 14/CHANDI/2020 FOR THE A.Y. 2015-16 FIXED FOR HEARI NG ON 04/11/2020 HON'BLE SIR, WITH REFERENCE TO THE ABOVE APPEAL, FIXED FOR HEARI NG BEFORE THE HON'BLE BENCH ON 04.11.2020, IT IS HEREBY REQUESTED THAT THE APPE LLANT COMPANY HAD FILED AN APPLICATION IN RESPECT OF THE SAID APPEAL UNDER VIV AD SE VISHWAS SCHEME AND ITS APPLICATION HAS ALSO BEEN ACCEPTED BY THE PRINCIPAL COMMISSIONER OF INCOME TAX, CHANDIGARH -2 BY ISSUING FORM-3(COPY ATTACHED) . SO, YOU ARE HEREBY REQUESTED TO KINDLY CONSIDER MY APPLICATION FOR WITHDRAWAL OF THE SAID APPEAL AND OBLIGE. 2 THANKING YOU YOURS FAITHFULLY, SD/- (C.A. YOGESH MONGA) COUNSEL OF THE ASSESSEE 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 THE INCOME TAX DEPARTMENT HAS SINCE ISSUED FORM 3 BEARING CERTIFICATE NO. 409185660210720, IN RESPONSE TO THE APPLICATION FILED BY THE ASSESSEE, UNDER SECTION 5(1) OF THE DIRECT TAX VIVA D 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 04/11/2020) SD/- SD/- .., $ %#& '( ( N.K. SAINI) (SATBEER S INGH GODARA ) ! / VICE PRESIDENT ) (*/ JUDICIAL MEMBER AG DATE: 04/11/2020 (+! ,-.- 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