M/s JLD Estates Pvt. Ltd., Ludhiana V. ITO Ward 6(4), Ludhiana

ITA 182/CHANDI/2020

• Counselvise Citation: [2021] 108 COUNSELVISE.COM (IT) 7272 (ITAT-CHANDIGARH)
• Duration Of Justice: 1 year(s) 1 month(s) 5 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 25-03-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: SMC
• Next Hearing Date: 25-03-2021
• Assessment Year: 2014-2015
• Appeal Filed On: 19-02-2020
• Result in Favour of: Revenue
• Court: TRIBUNAL

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL DIVISION BENCH A, CHANDIGARH (VIRTUAL COURT) BEFORE: SHRI. N.K.SAINI, VICE PRESIDENT AND SHRI R.L. NEGI, JUDICIAL MEMBER ITA NO. 182/CHD/2020 ASSESSMENT YEAR : 2014-15 M/S JLD ESTATES PVT. LTD. SCF 17, PHASE-1 DUGRI, LUDHIANA THE ITO WARD 6(4) RISHI NAGAR, LUDHIANA, PUNJAB ./ PAN NO. AACCJ1040Q / APPELLANT / RESPONDENT / ASSESSEE BY : SHRI ANIL KHANNA, C.A / REVENUE BY : SMT. MEENAKSHI VOHRA, ADDL. CIT ! ' # / DATE OF HEARING : 25/03/2021 $%&'() # / DATE OF PRONOUNCEMENT : 25/03/2021 / ORDER PER R.L. NEGI, JUDICIAL MEMBER: THIS IS AN APPEAL FILED BY THE ASSESSEE AGAINST THE ORDER OF THE LD. CIT(A)-3, LUDHIANA DT. 01/08/2019. 2. THE LD. COUNSEL FOR THE ASSESSEE HAS FURNISHED A COPY OF EMAIL FOR WITHDRAWAL OF THIS APPEAL STATING THEREIN AS UNDER: SUB: INTIMATION OF ACCEPTANCE OF DTVSV FORM AND REQUES T FOR DROPPING THE PROCEEDING OF APPEAL NO 182/CHANDIGARH/2020 FOR AS ST YEAR 2014-15 OF JLD ESTATES PVT LTD. RESPECTED SIR, WITH REFERENCE TO ABOVE APPEAL WE WOULD LIKE TO INFORM YOU THAT WE HAVE OPTED FOR VIVAD SE VISHWAS PRASTAAV AND SAME HAS BEEN ACCEPTED BY THE AUTHORITY, AFTER ACCEPTANCE OF SUCH A PPLICATION OUR PENDING PROCEEDING SHOULD BE DEEMED TO HAVE BEEN CLOSE D. KINDLY ACCEPT OUR ABOVE REQUEST AND DECLARE OUR PROC EEDINGS CLOSED UNDER VIVAD SE VISHWAS ACT, 2020. THANKING YOU YOURS FAITHFULLY 2 FOR KHANNA ANIL & ASSOCIATES CHARTERED ACCOUNTANTS (ANIL KHANNA) 3. DURING THE COURSE OF HEARING THE LD. COUNSEL FOR THE ASSESSEE SUBMITTED THAT SINCE THE ASSESSEE HAS AVAILED THE IMMUNITY SC HEME I.E; VIVAD SE VISHWAS AND THE INCOME TAX DEPARTMENT HAS SINCE ISSUED FORM 3 BEARING CERTIFICATE NO. 841678410181220, IN RESPONSE TO THE APPLICATION FIL ED BY THE ASSESSEE, UNDER SECTION 5(1) OF THE DIRECT TAX VIVAD SE VISHWAS ACT , 2020, THEREFORE THE APPEAL OF THE ASSESSEE MAY BE ALLOWED TO BE WITHDRAWN. 4. THE LD. DR DID NOT OBJECT IF APPEAL OF THE ASSES SEE IS DISMISSED AS WITHDRAWN. 5. IN VIEW OF THE ABOVE THE APPEAL OF THE ASSESSEE IS DISMISSED AS WITHDRAWN. 6. IN THE RESULT, APPEAL OF THE ASSESSEE IS DISMISS ED. (ORDER PRONOUNCED IN THE OPEN COURT ON 25/03/2021 ) SD/- SD/- (N.K. SAINI) (R.L. NEGI) VICE PRESIDENT JUDICIAL MEMBER DATED : 25/03/2021 AG *% +,-. -( / 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