Alok Kundu, Howrah V. I.T.O Wd - 47, Kolkata

ITA 1452/KOL/2019

• Counselvise Citation: [2020] 110 COUNSELVISE.COM (IT) 6188 (ITAT-KOLKATA)
• Duration Of Justice: 1 year(s) 3 month(s) 11 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 25-09-2020
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: SMC
• Assessment Year: 2007-2008
• Appeal Filed On: 13-06-2019
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: JAYANTA KHANRA
• Assessee Lawyers: MIRAJ D. SHAH
• Keywords: Competent authority

Judgement Text

1 ITA NO. 1452/KOL/2019 ALOK KUNDU, AY : 2007-08 IN THE INCOME TAX APPELLATE TRIBUNAL B (SMC) BENCH, KOLKATA ( ) . . , ) [BEFORE SHRI A. T. VARKEY, JM] I.T.A. NO. 1452/KOL/2019 ASSESSMENT YEAR:2007-08 ALOK KUNDU (PAN: AGDPK1716G) VS. DEPUTY COMMISSIONER OF INCOME-TAX, CIRCLE-47, KOLKATA APPELLANT RESPONDENT DATE OF HEARING (VIRTUAL) 25.09.2020 DATE OF PRONOUNCEMENT 25.09.2020 FOR THE APPELLANT SHRI MIRAJ D. SHAH, AR FOR THE RESPONDENT SHRI JAYANTA KHANRA, JCIT ORDER THIS IS AN APPEAL PREFERRED BY THE ASSESSEE AGAINST THE ORDER OF LD. CIT(A)-14, KOLKATA DATED 19-03-2019 FOR THE ASSESSMENT YEAR 2007-08. 2. AT THE OUTSET, LD. AR OF THE ASSESSEE SHRI MANISH TIWARI BROUGHT TO OUR NOTICE THAT ASSESSEE IS OPTING/OPTED TO AVAIL THE BENEFIT OF DIRECT TAX VIVAD SE VISHWAS SCHEME, 2020 (HEREINAFTER, THE SCHEME). IN THE LIGHT OF THE AFORESAID SUBMISSION SINCE THE ASSESSEE INTENDS TO OPT FOR THE SAID SCHEME UNDER DIRECT TAX VIVAD SE VISHWAS SCHEME, 2020, THERE IS NO POINT IN KEEPING THE IMPUGNED APPEAL PENDING. 3. IN THE LIGHT OF THE AFORESAID DISCUSSION AND THE FACT THAT ASSESSEE INTENDS TO OPT FOR THE SAID SCHEME, THEREFORE, WE ALLOW THE ASSESSEE TO WITHDRAW THE IMPUGNED APPEAL. IN CASE, IF THE COMPETENT AUTHORITY AS PER THE SCHEME DOES NOT ACCEPT THE ASSESSEES INTENTION TO OPT FOR THE VIVAD SE VISHWAS SCHEME, 2020, THEN THE ASSESSEE IS AT LIBERTY TO MOVE AN APPLICATION FOR RECALLING THIS ORDER. WITH THE AFORESAID CAVEAT, WE ALLOW THE ASSESSEE TO WITHDRAW THE CAPTIONED APPEAL. 2 ITA NO. 1452/KOL/2019 ALOK KUNDU, AY : 2007-08 4. NEEDLESS TO SAY THAT OUR AFORESAID ACTION ALLOWING THE ASSESSEE TO WITHDRAW THE APPEAL, WILL NOT COME IN THE WAY OF THE COMPETENT AUTHORITY OF REVENUE TO ACCEPT THE ASSESSEES SAID OPTION/SCHEME FOR AVAILING VIVAD SE VISHWAS SCHEME, 2020. 5. IN THE RESULT, THE APPEAL OF ASSESSEE IS DISMISSED AS WITHDRAWN. ORDER IS PRONOUNCED IN THE OPEN COURT ON 25 TH SEPTEMBER, 2020 SD/- (ABY. T. VARKEY) JUDICIAL MEMBER DATED : 25 TH SEPTEMBER, 2020 **JD.(SR.P.S.) COPY OF THE ORDER FORWARDED TO: 1. APPELLANT SHRI ALOK KUNDU, 38, BISESWAR BANERJEE LANE, HOWRAH, 711101 2 RESPONDENT DEPUTY COMMR. OF INCOME TAX, CIRCLE-47, KOLKATA. 3. 4. 5. CIT(A)-14, KOLKATA. CIT- , KOLKATA DR, ITAT, KOLKATA / TRUE COPY, BY ORDER, ASSISTANT REGISTRAR