Neeraj Premnarayan Maheshwari, Vapi V. Assistant Commissioner of Income Tax Circle Vapi, Vapi

ITA 171/SRT/2018

• Counselvise Citation: [2021] 108 COUNSELVISE.COM (IT) 3332 (ITAT-SURAT)
• Duration Of Justice: 3 year(s) 2 month(s) 22 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 03-06-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: DB
• Assessment Year: 2013-2014
• Appeal Filed On: 12-03-2018
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: B P K
• Assessee Lawyers: GOPALA KRISHNAN AIYER

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL, SURAT BENCH, SURAT BEFORE SHRI PAWAN SINGH, JM & DR. A. L. SAINI, AM ./ITA NO.171/SRT/2018 ( [ [ / ASSESSMENT YEAR: (2013-14) (VIRTUAL COURT HEARING) NEERAJ PREMNARAYAN MAHESHWARI, 239, PANCHARATNA COMPLEX, GIDC, VAPI 396 195. V S. THE ASST. COMMISSIONER OF INCOME TAX, CIRCLE VAPI, VAPI. ./ ./ PAN/GIR NO.: ABXPM 7234 N (ASSESSEE) (RESPONDENT) ./ITA NO.172/SRT/2018 ( [ [ / ASSESSMENT YEAR: (2013-14) VINAY PREMNARAYAN MAHESHWARI, 239, PANCHARATNA COMPLEX, GIDC, VAPI 396 195. V S. THE ASST. COMMISSIONER OF INCOME TAX, CIRCLE VAPI, VAPI. ./ ./ PAN/GIR NO.: ABWPM 0867 C (ASSESSEE) (RESPONDENT) ASSESSEE BY : SHRI GOPALAKRISHNAN AIYER - CA RESPONDENT BY : SHRI B.P.K.PANDA SR.DR / DATE OF HEARING : 03/06/2021 /DATE OF PRONOUNCEMENT : 03/06/2021 / O R D E R PER DR. A. L. SAINI, ACCOUNTANT MEMBER: AT THE OUTSET ITSELF, SHRI GOPALAKRISHNAN AIYER-CA, LEARNED COUNSEL FOR THE ASSESSEE, SUBMITTED BEFORE THE BENCH THAT BOTH THE ASSESSEE HAS OPTED THE BENEFIT OF THE DIRECT TAX VIVAD SE VISHWAS ACT, 2020 . A COPY OF FORM-3 UNDER THE DIRECT TAX VIVAD SE VISHWAS ACT, FOR EACH APPEAL SEPARATELY FILED BY THE ASSESSEE IN THE INCOME TAX DEPARTMENT ON 19.12.2020, VIDE CERTIFICATE PAGE | 2 ITAS NO.171 & 172/SRT/2018 FOR A.Y. 2013-14 NEERAJ PREMNARAYAN MAHESHWARI & VINAY PREMNARAYAN MAHESHWARI NO.845327250191220 ISSUED BY PRINCIPAL COMMISSIONER OF INCOME TAX, VALSAD FOR ITA NO.171/SRT/2018 AND ON 19.12.2020, VIDE CERTIFICATE NO.845726730191220 ISSUED BY PRINCIPAL COMMISSIONER OF INCOME TAX, VALSAD FOR ITA NO.172/SRT/2018, WERE ALSO PLACED BEFORE THE BENCH. SHRI GOPALAKRISHNAN AIYER, AUTHORISED REPRESENTATIVE, ON BEHALF OF THE ASSESSEES, SUBMITTED THAT ASSESSEE PRAYED FOR WITHDRAWAL OF THE APPEAL TO WHICH, THE LEARNED DEPARTMENTAL REPRESENTATIVE DID NOT RAISE ANY OBJECTION. 2. WE HAVE HEARD BOTH THE PARTIES AND GONE THROUGH FORM-3 FILED BY THE ASSESSEE TO OBTAIN THE BENEFIT OF VIVAD SE VISHWAS SCHEME AND NOTED THAT ASSESSEE HAS PRAYED FOR WITHDRAWAL OF THE APPEAL. THE LD.SR.DR FOR THE REVENUE DID NOT HAVE ANY OBJECTION IF THE SAID APPEALS ARE WITHDRAWN BY THE ASSESSEE COMPANY. CONSEQUENTLY, WE TREAT BOTH THESE APPEALS AS WITHDRAWN. 3. IN THE RESULT, BOTH THE APPEALS OF THE ASSESSEE (IN ITA NO.171/SRT/2018 & 172/SRT/2018 FOR AY.2013-14) ARE DISMISSED AS WITHDRAWN. ORDER IS PRONOUNCED AT THE TIME OF HEARING OF APPEAL ON 03/06/2021 IN THE VIRTUAL COURT OF HEARING. SD/- SD/- (PAWAN SINGH) (DR. A.L. SAINI) JUDICIAL MEMBER ACCOUNTANT MEMBER SURAT / / DATE: 03/06/2021 / SGR COPY OF THE ORDER FORWARDED TO 1. THE ASSESSEE 2. THE RESPONDENT 3. THE CIT(A) 4. PR.CIT 5. DR/AR, ITAT, SURAT 6. GUARD FILE BY ORDER / / TRUE COPY / / ASSISTANT REGISTRAR/SR. PS/PS ITAT, SURAT