SAS Hotels & Enterprises Ltd., CHENNAI V. ACIT, CHENNAI

ITA 1438/CHNY/2017

• Counselvise Citation: [2022] 105 COUNSELVISE.COM (IT) 4676 (ITAT-CHENNAI)
• Duration Of Justice: 4 year(s) 10 month(s) 7 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 11-04-2022
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: D
• Assessment Year: 2012-2013
• Appeal Filed On: 04-06-2017
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Section: 263; 13

Judgement Text

आयकर अपील य अ धकरण,‘ ‘ डी’ यायपीठ, चे नई IN THE INCOME TAX APPELLATE TRIBUNAL , ‘D’ BENCH, CHENNAI ी वी .द ु गा राव, या यक सद य एवं ी जी. मंज ु नाथ, लेखा सद य के सम& BEFORE SHRI V. DURGA RAO, JUDICIAL MEMBER AND SHRI G. MANJUNATHA, ACCOUNTANT MEMBER आयकरअपीलसं./I . T. A. No. 1 4 3 8/ Chn y/ 2 0 1 7 ( नधा रणवष / A ss e ssm en t Ye a r : 2 01 2- 13 ) M/s. SAS Hotels & Enterprises Ltd. 3, Mangesh Street, T.Nagar, Chennai-600 017. V s Assistant Commissioner of Income Tax, Central Circle-1(2) Chennai. P AN: A AE CS 1 1 9 4 C (अपीलाथ /Appellant) ( यथ /Respondent) & आयकरअपीलसं./I . T. A. No. 1 4 3 9/ Chn y/ 2 0 1 7 ( नधा रणवष / A s s e ss m en t Yea r : 2 01 2 - 13) M/s. SAS Realtors P. Ltd. 3, Mangesh Street, T.Nagar, Chennai-600 017. V s Assistant Commissioner of Income Tax, Central Circle-1(2) Chennai. P AN: A AF CS 7 5 2 4 M (अपीलाथ /Appellant) ( यथ /Respondent) अपीलाथ क ओरसे/ Appellant by : Mr. S.Sridhar, Advocate यथ क ओरसे/Respondentby : Mr. G. Johnson, Addl.CIT स ु नवाईक तार ख/D a t e o f h e a r i n g : 12.04.2022 घोषणाक तार ख /D a t e o f P r o n o u n c e m e n t : 12.04.2022 आदेश / O R D E R PER G.MANJUNATHA, AM: These two appeals filed by two different assessees are directed against separate, but identical orders passed by the learned Principal Commissioner of Income Tax, Central-1, Chennai, under section 263 of the Income Tax Act, 1961, both dated 29.03.2017 and pertain to assessment year 2012-13. 2. We have heard learned counsel for the assessee and learned DR and also perused the materials available on record. 2 ITA Nos. 1438 & 1439/Chny/2017 At the time of hearing, learned counsel for the assessee has filed a letter dated 12 th April, 2022 stating that order giving effect was passed and settled under ‘Vivad se Vishwas Scheme, 2020’ and submitted that the assessee has availed the VSVS scheme to settle its pending disputes. Therefore, the ld. counsel for the assessee submitted that both these appeals filed by the assessee may be dismissed as withdrawn. The ld. DR, on the other hand, has no objection for dismissing these appeals as the order giving effect was passed and settled under Vivad Se Viswas Act, 2020. 3. Therefore, considering fact that the assessee has filed applications for withdrawal of appeals as infructuous, as the order giving effect was passed and settled under Vivad Se Viswas Act, 2020, we dismiss both these appeals filed by the assessee as withdrawn. 4. In the result, these two appeals filed by the assessee are dismissed as withdrawn. Order pronounced in the open court on 12 th April, 2022 Sd/- Sd/- ( वी. द ु गा राव) (जी. मंज ु नाथ) (V.Durga Rao) (G.Manjunatha) #या यक सद&य /Judicial Member लेखा सद&य / Accountant Member चे#नई/Chennai, )दनांक/Dated 12 th April, 2022 DS आदेश क त+ल,प अ-े,षत/Copy to: 1. Appellant 2. Respondent 3. आयकर आय ु .त (अपील)/CIT(A) 4. आयकर आय ु .त/CIT 5. ,वभागीय त न2ध/DR 6. गाड फाईल/GF.