M/S INSPIRE INDUSTRIES PVT. LTD., BILASPUR(CG) V. DY. COMMISSIONER OF INCOME TAX, CIRCLE - 1(1), BILASPUR(CG)

ITA 149/BIL/2017

• Counselvise Citation: [2022] 105 COUNSELVISE.COM (IT) 4384 (ITAT-RAIPUR)
• Duration Of Justice: 4 year(s) 10 month(s) 20 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 18-04-2022
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: DB
• Assessment Year: 2013-2014
• Appeal Filed On: 29-05-2017
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Assessee Lawyers: ALFIYA ROZIE
• Section: 143(3)

Judgement Text

आयकर अपीलȣय अͬधकरण Ûयायपीठ रायप ु र मɅ। IN THE INCOME TAX APPELLATE TRIBUNAL, RAIPUR BENCH, RAIPUR (Through Virtual Court) BEFORE SHRI RAVISH SOOD, JUDICIAL MEMBER AND SHRI JAMLAPPA D BATTULL, ACCOUNTANT MEMBER आयकर अपील सं. / ITA No. 149/RPR/2017 Ǔनधा[रण वष[ / Assessment Year : 2013-14 M/s. Inspire Industries Pvt. Ltd. Lakhmi Tower, Vyapar Vihar, Bilaspur (C.G.) PAN : AABCI7922D .......अपीलाथȸ / Appellant बनाम / V/s. The Deputy Commissioner of Income Tax, Circle-1(1), Bilaspur (C.G.) ......Ĥ×यथȸ / Respondent Assessee by : Alfiya Rozie, CA Revenue by : Shri G.N Singh, DR स ु नवाई कȧ तारȣख / Date of Hearing : 19.04.2022 घोषणा कȧ तारȣख / Date of Pronouncement : 19.04.2022 2 M/s. Inspire Industries Pvt. Ltd. Vs. DCIT, Circle 1(1) ITA No. 149/RPR/2017 आदेश / ORDER PER RAVISH SOOD, JM: The present appeal filed by the assessee is directed against the order passed by the CIT(Appeal), Bilaspur (C.G.) dated 27.02.2017, which in turn arises from the order passed by the A.O under Sec. 143(3) of the Income-tax Act, 1961, dated 07.03.2016 for assessment year 2013-14. 2. The assessee company has filed a letter dated nil received on 18.04.2022, wherein it is stated that in order to settle the aforesaid appeal pending before the Tribunal an application has been filed under the Direct Tax Vivad se Vishwas Act, 2020. During the course of hearing of the appeal, it was stated by the Ld. Authorized Representative (in short ‘AR') for the assessee that “Form 5” have been issued by the designated authority. Backed by the aforesaid facts it is requested that the captioned appeal may be allowed to be withdrawn. 3. The ld. D.R did not controvert the aforesaid factual position as had been stated before us. 4. In view of the above we dismiss the appeal as withdrawn, subject to a rider that in the unlikely event of the matter not being resolved under the Vivad se Vishwas scheme, then, the appellant shall have liberty to approach the Tribunal for restoration of its appeal. 3 M/s. Inspire Industries Pvt. Ltd. Vs. DCIT, Circle 1(1) ITA No. 149/RPR/2017 5. Resultantly, the appeal is dismissed as withdrawn subject to the observation recorded hereinabove. Order pronounced in open Court on 19 th day of April 2022. Sd/- Sd/- JAMLAPPA D BATTULL RAVISH SOOD ACCOUNTANT MEMBER JUDICIAL MEMBER रायप ु र/ RAIPUR ; Ǒदनांक / Dated : 19 th April, 2022 SB आदेश कȧ ĤǓतͧलͪप अĒेͪषत / Copy of the Order forwarded to : 1. अपीलाथȸ / The Appellant. 2. Ĥ×यथȸ / The Respondent. 3. The CIT(Appeal) Bilaspur (C.G) 4. The Pr. CIT, Bilaspur (C.G) 5. ͪवभागीय ĤǓतǓनͬध, आयकर अपीलȣय अͬधकरण,रायप ु र बɅच, रायप ु र / DR, ITAT, Raipur Bench, Raipur. 6. गाड[ फ़ाइल / Guard File. आदेशान ु सार / BY ORDER, // True Copy // Ǔनजी सͬचव / Private Secretary आयकर अपीलȣय अͬधकरण, रायप ु र / ITAT, Raipur.