V.K.AGRAWAL HUF, Kolkata V. AC.I.T.,Circle-36, Kolkata

ITA 1415/KOL/2019

• Counselvise Citation: [2021] 109 COUNSELVISE.COM (IT) 5967 (ITAT-KOLKATA)
• Duration Of Justice: 1 year(s) 7 month(s) 23 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 03-02-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: SMC
• Assessment Year: 2014-2015
• Appeal Filed On: 10-06-2019
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: DHRUBOJHOTI ROY
• Section: 250

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL A (VIRTUAL COURT HEARING), BENCH KOLKATA BEFORE SRI J. SUDHAKAR REDDY, ACCOUNTANT MEMBER & SRI SANJAY GARG, JUDICIAL MEMBER I.T.A. NO.1415/KOL/2019 ASSESSMENT YEAR: 2014-15 V.K. AGARWAL HUF...................................APPELLANT LEVEL-3, CENTRAL PLAZA, C-11, 41, B.B. GANGULY STREET, KOLKATA-700012. [PAN : AADHV1751L] VS ACIT, CIRCLE-36, KOLKATA...RESPONDENT I.T.A. NO.917/KOL/2019 ASSESSMENT YEAR: 2014-15 LINKLINE AGENCIES (P) LTD.....................APPELLANT C/O SUBASH AGARWAL & ASSOCIATES, ADVOCATES SIDDHA GIBSON, 1, GIBSON LANE, SUITE 213, 2 ND FLOOR, KOLKATA-700069. [PAN :AACCL1684Q] VS ITO, WARD-2(3), KOLKATA.RESPONDENT APPEARANCES BY: NONE APPEARED ON BEHALF OF THE ASSESSEE. SHRI DHRUBOJHOTI ROY, JCIT, DR, APPEARED ON BEHALF OF THE REVENUE. DATE OF CONCLUDING THE HEARING : JANUARY 22, 2021 DATE OF PRONOUNCING THE ORDER : FEBRUARY 03, 2021 ORDER PER BENCH:- ALL THESE APPEALS FILED BY THE ASSESSEE ARE DIRECTED AGAINST THE SEPARATE ORDERS OF THE LD. COMMISSIONER OF INCOME TAX (APPEALS) (HEREINAFTER THE LD. CIT(A)) PASSED U/S 250 OF THE INCOME TAX ACT, 1961 (THE ACT). 2. NONE APPEARED ON BEHALF OF THE ASSESSEES. AT THE OUTSET, IT IS NOTICED FROM THE LETTERS OF THE LD. ARS OF THE ASSESSEES THAT THE ASSESSEES HAD FILED FORM 1 AND 2 UNDER THE DIRECT TAX VIVAD SE VISHWAS ACT IN RESPECT OF THESE APPEAL AND THE COMPETENT 2 I.T.A. NO.1415/KOL/2019 & I.T.A. NO.917/KOL/2019 V.K. AGARWAL HUF & LINKLINE AGENCIES (P) LTD AUTHORITY HAS ISSUED FORM NO. 3. A COPY OF THE SAID LETTERS ALONG WITH FORM NO. 3 IS AVAILABLE IN FILE, WHICH IS BEFORE US. THEREFORE, TAKING INTO CONSIDERATION THE FACT THAT SINCE THE ASSESSEES HAVE OPTED FOR THE VIVAD SE VISHWAS SCHEME , THERE IS NO POINT IN KEEPING THE IMPUGNED APPEALS PENDING. IN THE LIGHT OF THE AFORESAID DISCUSSION AND THE FACT THAT ASSESSEES HAVE OPTED FOR THE SAID SCHEME AND FORM 3 HAS BEEN ISSUED BY THE DEPARTMENT, THEREFORE, WE ALLOW THE ASSESSEES TO WITHDRAW THE IMPUGNED APPEALS. 3. IN THE RESULT, ALL THE APPEALS OF ASSESSEES ARE DISMISSED AS WITHDRAWN. KOLKATA, THE 3 RD FEBRUARY, 2021. SD/- SD/- [ SANJAY GARG ] [J. SUDHAKAR REDDY] JUDICIAL MEMBER ACCOUNTANT MEMBER DATED : 03.02.2021 RS, SR. P.S. COPY OF THE ORDER FORWARDED TO: 1 . (I) V.K. AGARWAL HUF, (II) LINKLINE AGENCIES (P) LTD 2. (I) ACIT, CIRCLE-36, KOLKATA (II) ITO, WARD-2(3), KOLKATA 3. CIT(A)- 4. CIT- , 5. CIT(DR), TRUE COPY BY ORDER ASSISTANT REGISTRAR , KOLKATA BENCHES