Income-tax Officer, Ward - 7(1), Pune V. M/s. Regency Soraj Infrastructure, Pune

ITA 1774/PUN/2017

• Counselvise Citation: [2021] 109 COUNSELVISE.COM (IT) 0194 (ITAT-PUNE)
• Duration Of Justice: 3 year(s) 7 month(s) 2 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 23-02-2021
• Appeal Filed By: Department
• Order Result: Dismissed
• Bench Allotted: B
• Next Hearing Date: 29-12-2020
• Assessment Year: 2007-2008
• Appeal Filed On: 21-07-2017
• Result in Favour of: Assessee
• Court: TRIBUNAL

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL B BENCH, PUNE (THROUGH VIRTUAL COURT) BEFORE SHRI INTURI RAMA RAO, AM AND SHRI S. S. VISWANETHRA RAVI, JM . / ITA NOS.1774 & 1775/PUN/2017 / ASSESSMENT YEARS : 2007-08 & 2008-09 ITO, WARD- 7(1), PUNE. ....... / APPELLANT / V/S. M/S. REGENCY SORAJ INFRASTRUCTURE, A-1, 5 TH FLOOR, THE FIFTH AVENUE, DHOLE PATIL ROAD, PUNE-411001. PAN : AAAAR3556M / RESPONDENT REVENUE BY : SHRI DEEPAK GARG ASSESSEE BY : NONE (WITHDRAWAL APPLICATION FILED) / DATE OF HEARING : 23.02.2021 / DATE OF PRONOUNCEMENT : 23.02.2021 / ORDER THESE ARE THE APPEALS FILED BY THE REVENUE DIRECTED AGAINST THE ORDER OF LD. COMMISSIONER OF INCOME TAX (APPEALS)-8, PUNE (CIT(A) FOR SHORT) COMMONLY DATED 23.03.2017 FOR THE ASSESSMENT YEARS 2007-08 AND 2008-09. 2. BEFORE US, THE RESPONDENT-ASSESSEE FILED A LETTER DATED 17.02.2021 SEEKING PERMISSION TO WITHDRAW THE APPEALS ON THE GROUND THAT THE ISSUE INVOLVED IN THESE APPEALS STAND SETTLED UNDER THE VIVAD SE VISHWAS SCHEME, 2020. THE RESPONDENT-ASSESSEE ALSO FILED COPY OF FORM NO.3 ISSUED BY PRINCIPAL COMMISSIONER OF INCOME TAX, PUNE 4. 2 ITA NOS.1774 & 1775/PUN/2017 3. ON THE OTHER HAND, THE LD. DEPARTMENT REPRESENTATIVE HAD EXPRESSED NO OBJECTION TO PERMIT THE WITHDRAWAL OF APPEALS. 4. IN THE CIRCUMSTANCES, WE HEREBY GRANT PERMISSION TO THE RESPONDENT- ASSESSEE TO WITHDRAW THE APPEALS. ACCORDINGLY, THE ABOVE APPEALS STAND DISMISSED AS WITHDRAWN. 5. IN THE RESULT, THE ABOVE CAPTIONED APPEALS FILED BY THE REVENUE ARE DISMISSED AS WITHDRAWN. ORDER PRONOUNCED IN THE OPEN COURT ON THIS 23 RD DAY OF FEBRUARY, 2021. SD/- SD/- (S. S. VISWANETHRA RAVI) (INTURI RAMA RAO) / JUDICIAL MEMBER / ACCOUNTANT MEMBER / PUNE; / DATED : 23 RD FEBRUARY, 2021. SUJEET / COPY OF THE ORDER FORWARDED TO : 1. / THE APPELLANT. 2. / THE RESPONDENT. 3. THE CIT(A)-8, PUNE. 4. THE PR. CIT-4, PUNE. 5 . , , , / DR, ITAT, B BENCH, PUNE. 6. / GUARD FILE. / BY ORDER, // TRUE COPY // SENIOR PRIVATE SECRETARY , / ITAT, PUNE.