Singhal Industries Pvt. Ltd, Ahmedabad V. The ITO, Ward-4(1)(1), Ahmedabad

ITA 1466/AHD/2019

• Counselvise Citation: [2022] 105 COUNSELVISE.COM (IT) 8691 (ITAT-AHMEDABAD)
• Duration Of Justice: 2 year(s) 4 month(s) 27 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 16-02-2022
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: D
• Assessment Year: 2010-2011
• Appeal Filed On: 19-09-2019
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: DINESH SINGH

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL AHMEDABAD “SMC” BENCH (Conducted Through Virtual Court) Before: Ms. Annapurna Gupta, Accountant Member And Ms. Suchitra Kamble, Judicial Member Singhal Industries Pvt. Ltd. 30, Someshwara Complex-1, Nr. Shyamal Raw House, Satellite, Ahmedabad PAN No. AALCS2909N (Appellant) Vs The ITO, Ward-4(1)(1), Ahmedabad (Respondent) Assessee by: Shri A.C. Shah, A.R. Revenue by: Shri Dinesh Singh, Sr. DR. Date of hearing : 16-02-2022 Date of pronouncement : 17-02-2022 आदेश/ORDER PER : ANNAPURNA GUPTA, ACCOUNTANT MEMBER:- The present appeal has been filed by the Assessee against the order passed by the Commissioner of Income Tax (Appeals)-8, Ahmedabad, (in short referred to as CIT(A)), dated 16-07-2019, u/s. 250(6) of the Income Tax Act, 1961(hereinafter referred to as the “Act”) pertaining to Assessment Year (A.Y) 2010-11. 2. The assessee filed written submissions stating that it seeks to withdraw the appeal since the dispute stands settled under the Vivad se Vishwas Scheme, 2020. Copies of following forms were eclosed :- ITA No. 1466/Ahd/2019 Assessment Year 2010-11 I.T.A No. 1466/Ahd/2019 A.Y. 2010-11 Page No Singhal Industries Pvt. Ltd. vs. ITO 2 a) form no.-3 issued by the Pr. CIT of Income Tax, Ahmedabad-3, dated 09/06/2021 approving the application filed by the assessee under the Vivad se Vishwas Scheme, 2020. b) form no.4 dated 17.04.2021 being declaration of the applicant assessee of the payment of tax arrears as determined in the certificate issued in form no.3. c) form no.5 dated 13.10.2021 being order of the designated authority that the declarant has paid all tax arrears as determined . 3. The Ld. Departmental Representative for the Revenue stated that he had no objection to the withdrawal of the appeal in the circumstances narrated on behalf of the assessee. 4. We have considered the submissions. After considering the material on record and finding that since the application of the assessee for settlement of dispute has been approved under Vivad se Vishwas Scheme, 2020., tax arrears as determined by the designated authority paid and the dispute finally settled, in the light of the provision made in the scheme the aforesaid request for withdrawal of appeal of the assessee is allowed. 5. In the result, appeal filed by assessee is dismissed as withdrawn. Order pronounced in the open court on 17-02-2022 Sd/- Sd/- (SUCHITRA KAMBLE) (ANNAPURNA GUPTA) JUDICIAL MEMBER True Copy ACCOUNTANT MEMBER Ahmedabad : Dated 17/02/2022 आदेश कȧ ĤǓतͧलͪप अĒेͪषत / Copy of Order Forwarded to:- 1. Assessee 2. Revenue 3. Concerned CIT