M/s Kuantum Papers Ltd., Chandigarh V. DCIT, C-1(1), Chandigarh

ITA 1510/CHANDI/2019

• Counselvise Citation: [2021] 109 COUNSELVISE.COM (IT) 1458 (ITAT-CHANDIGARH)
• Duration Of Justice: 1 year(s) 2 month(s) 13 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 11-02-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: A
• Next Hearing Date: 10-02-2021
• Assessment Year: 2015-2016
• Appeal Filed On: 28-11-2019
• Result in Favour of: Revenue
• Court: TRIBUNAL

Judgement Text

, , IN THE INCOME TAX APPELLATE TRIBUNAL, CHANDIGARH BENCH A CHANDIGARH , , , BEFORE: SMT. DIVA SINGH, JM & SMT.ANNAPURNA GUPTA, AM ./ ITA NO. 1510/CHD/2019 / ASSESSMENT YEAR : 2015-16 M/S KUANTUM PAPERS LTD., SCO 18-19, FIRST FLOOR, SECTOR 8-C, CHANDIGARH. VS THE DCIT, CIRCLE-I(I), CHANDIGARH. ./ PAN /TAN NO: AADCA2231K / APPELLANT / RESPONDENT / ASSESSEE BY : SHRI VINEET KRISHAN, ADVOCATE / REVENUE BY : SMT. MEENAKSHI VOHRA, ADDL. CIT / DATE OF HEARING : 1 0.02.2021 / DATE OF PRONOUNCEMENT : 11.02.2021 / ORDER PER DIVA SINGH BY THE PRESENT APPEAL, THE ASSESSEE ASSAILS THE CO RRECTNESS OF THE ORDER DATED 05.08.2019 OF CIT(A)-1, CHANDIGARH PERT AINING TO 2015-16 ASSESSMENT YEAR ON VARIOUS GROUNDS. 2. HOWEVER AT THE TIME OF HEARING, LD. AR SUBMITTED THAT THE ASSESSEE HAS AVAILED OF THE DIRECT TAX VIVAD SE VISHWAS SCH EME, 2020 BY WAY OF FILING AN APPLICATION WHICH HAS BEEN ACCEPTED BY TH E DEPARTMENT BY ISSUANCE OF FORM NO. 3. COPY FILED. IN THESE CIRC UMSTANCES, RELYING ITA-1510/CHD/2019 PAGE 2 OF 2 UPON THE APPLICATION DATED 09.02.2021 PRAYER FOR WI THDRAWAL OF THE APPEAL IS MADE. 3. THE LD. SR.DR SMT. MEENAKSHI VOHRA ON A PERUSAL OF RECORD HAD NO OBJECTION TO THE PRAYER OF THE ASSESSEE. 4. WE HAVE HEARD THE SUBMISSIONS AND PERUSED THE MA TERIAL ON RECORD. IN THE AFOREMENTIONED PECULIAR FACTS AND CI RCUMSTANCES CONSIDERING THE RECORD AND THE SUBMISSIONS, THE APP EAL OF THE ASSESSEE IS DISMISSED AS WITHDRAWN. SAID ORDER WAS PRONOUNC ED AT THE TIME OF VIRTUAL HEARING ITSELF IN THE PRESENCE OF THE PARTI ES VIA WEBEX. 5. IN THE RESULT, THE APPEAL OF THE ASSESSEE IS DIS MISSED AS WITHDRAWN. ORDER PRONOUNCED ON 11 TH FEB., 2021. SD/- SD/- ( ) ( ) (ANNAPURNA GUPTA) (DIVA SINGH) / ACCOUNTANT MEMBER / JUDICIAL MEMBER POONAM / COPY OF THE ORDER FORWARDED TO : 1. / THE APPELLANT 2. / THE RESPONDENT 3. / CIT 4. ( )/ THE CIT(A) 5. , , / DR, ITAT, CHANDIGARH 6. / GUARD FILE / BY ORDER, / ASSISTANT REGISTRAR