Appeal details
Counselvise Citation
[2020] 110 COUNSELVISE.COM (IT) 1572 (ITAT-PUNE)
Assessee PAN
Bench
Appeal Number
Duration Of Justice
1 year(s) 1 month(s) 1 day(s)
Appellant
Respondent
Appeal Type
Income Tax Appeal
Pronouncement Date
14-12-2020
Appeal Filed By
Assessee
Order Result
Dismissed
Bench Allotted
C
Next Hearing Date
01-12-2020
Assessment Year
2015-2016
Appeal Filed On
13-11-2019
Judgement Text
IN THE INCOME TAX APPELLATE TRIBUNAL PUNE BENCH C, PUNE VIRTUAL COURT BEFORE SHRI R.S. SYAL, VICE PRESIDENT AND SHRI PARTHA SARATHI CHAUDHURY, JUDICIAL MEMBER ITA NO. 1749/PUN/2019 / ASSESSMENT YEAR : 2015-16 MAGNA AUTOMOTIVE INDIA PRIVATE LIMITED, (FORMERLY KNOWN AS COSMA INTERNATIONAL (INDIA) PRIVATE LIMITED), REGUS PUNE METROPOLITAN BUSINESS CENTRE PVT. LTD., OFFICE NO.8, 4 TH FLOOR, PRABHAVEE TECH PARK, BANER, PUNE 411 045 MAHARASHTRA PAN : AADCC6465D VS. ACIT.CIRCLE-9, PUNE APPELLANT RESPONDENT / ORDER THIS APPEAL BY THE ASSESSEE IS DIRECTED AGAINST THE FINAL ORD ER PASSED BY THE AO U/S.143(3) R.W.S. 144C(13) OF THE IN COME-TAX ACT, 1961 ON 12-09-2019 IN RELATION TO THE ASSESSMENT YEAR 2015- 16. 2. BEFORE US, THE ASSESSEE HAS FILED A LETTER DATED 13.12. 2020 SEEKING WITHDRAWAL OF THE APPEAL. THE RELEVANT CONTENTS OF SU CH LETTER READS AS UNDER : ASSESSEE BY SHRI RAJENDRA AGIWAL REVENUE BY SHRI SANGRAM GAIKWAD DATE OF HEARING 14-12-2020 DATE OF PRONOUNCEMENT 14-12-2020 ITA NO.1749/PUN/2019 MAGNA AUTOMOTIVE INDIA PRIVATE LIMITED 2 WE REFER TO THE APPEAL FILED BY MAGNA AUTOMOTIVE I NDIA PVT. LTD. (FORMERLY KNOWN AS COSMA INTERNATIONAL (INDIA) PRIV ATE LIMITED) (APPELLANT), ITA 1749/PUN/2019 WHICH IS LISTED FOR HEARING BEFORE THE C BENCH OF THE INCOME TAX APPELLATE TRIBUNAL (ITAT) FOR ASSESSMENT YEAR (AY) 2015-16 ON 14 TH DECEMBER 2020 (MONDAY) AT SERIAL NO.15. IN THIS REGARD, ON BEHALF AND UNDER INSTRUCTIONS OF OUR CLIENT, WE WISH TO STATE AS UNDER : THE APPELLANT HAS FILED DECLARATION UNDER THE DIREC T TAX VIVAD SE VISHWAS (VSV) ACT, 2020 FOR THE YEAR UNDER CONSIDER ATION FOR DISPUTE RESOLUTION. IN VIEW OF THE SAME, THE APPELLANT WIS HES TO WITHDRAW THE APPEAL FILED BEFORE YOUR HONORS FOR THE YEAR UNDER CONSIDERATION. ACCORDINGLY, THE APPELLANT REQUESTS YOUR HONORS TO PASS THE ORDER CONSIDERING THE ABOVE AND OBLIGE. DO LET US KNOW I N CASE YOUR HONORS REQUIRE ANY FURTHER INFORMATION/CLARIFICATION. WE HAVE ALSO ENCLOSED HEREWITH THE COPY OF THE APPE AL WITHDRAWAL LETTER FOR YOUR HONOURS REFERENCE ALONG WITH THE R ELEVANT FORMS FILED UNDER THE VSV ACT. 3. THE LD. DR DID NOT RAISE ANY OBJECTION TO THE WITHDRAWAL OF THE APPEAL FILED BY THE ASSESSEE. AS SUCH, THE ASSESSEE IS PERMITTED TO WITHDRAW THE APPEAL. 4. IN THE RESULT, THE APPEAL IS DISMISSED AS WITHDRAWN. ORDER PRONOUNCED IN THE OPEN COURT ON 14 TH DECEMBER, 2020. SD/- SD/- (PARTHA SARATHI CHAUDHURY) (R.S.SYAL) JUDICIAL MEMBER VIC E PRESIDENT PUNE; DATED : 14 TH DECEMBER, 2020 ITA NO.1749/PUN/2019 MAGNA AUTOMOTIVE INDIA PRIVATE LIMITED 3 / COPY OF THE ORDER IS FORWARDED TO : 1. / THE APPELLANT; 2. / THE RESPONDENT; 3. THE CIT(A)-13, PUNE 4. 5. THE PR.CIT-5, PUNE , , C / DR C, ITAT, PUNE 6. / GUARD FILE / BY ORDER, // TRUE COPY // SENIOR PRIVATE SECRETARY , / ITAT, PUNE DATE 1. DRAFT DICTATED ON 14-12-2020 SR.PS 2. DRAFT PLACED BEFORE AUTHOR 14-12-2020 SR.PS 3. DRAFT PROPOSED & PLACED BEFORE THE SECOND MEMBER JM 4. DRAFT DISCUSSED/APPROVED BY SECOND MEMBER. JM 5. APPROVED DRAFT COMES TO THE SR.PS/PS SR.PS 6. KEPT FOR PRONOUNCEMENT ON SR.PS 7. DATE OF UPLOADING ORDER SR.PS 8. FILE SENT TO THE BENCH CLERK SR.PS 9. DATE ON WHICH FILE GOES TO THE HEAD CLERK 10. DATE ON WHICH FILE GOES TO THE A.R. 11. DATE OF DISPATCH OF ORDER. *
