Avakash Holdings Pvt.Ltd, Pune V. Deputy Commissioner of Income-tax, Circle - 1(2), Pune

ITA 1875/PUN/2017

• Counselvise Citation: [2021] 109 COUNSELVISE.COM (IT) 3961 (ITAT-PUNE)
• Duration Of Justice: 3 year(s) 7 month(s) 7 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 10-03-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: B
• Assessment Year: 2014-2015
• Appeal Filed On: 02-08-2017
• Result in Favour of: Revenue
• Court: TRIBUNAL

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL B BENCH, PUN E (THROUGH VIRTUAL COURT) BEFORE SHRI R.S. SYAL, VICE PRESIDENT AND SHRI S.S. VISHWANETHRA RAVI, JM . / ITA NO.1875/PUN/2017 / ASSESSMENT YEAR : 2014-15 AVAKASH HOLDINGS PVT. LTD., ....... / APPELLANT (NOW RECOGNIZED AS AVAKASH PROPERTIES LLP), 16/B-1, SAROSH BHAVAN, DR. AMBEDKAR ROAD, PUNE 411 001. PAN : AABCA5794R. / V/S. THE DY. COMMISSIONER OF INCOME TAX, CIRCLE 1(2), PUNE. / RESPONDENT ASSESSEE BY : NONE (WITHDRAWAL APPLICATION FILED) REVENUE BY : SHRI SUDHENDU DAS. / DATE OF HEARING : 10.03.2021. / DATE OF PRONOUNCEMENT : 10.03.2021 / ORDER THE APPEAL FILED BY THE ASSESSEE IS DIRECTED AGAINST THE ORDER PASSED BY THE COMMISSIONER OF INCOME TAX (APPEALS), PUNE 1 DATED 29.06.2017 IN RELATION TO THE ASSESSMENT YEAR 2014-15. 2. BEFORE US, THE ASSESSEE FILED A LETTER DATED 08.02.202 1 SEEKING PERMISSION TO WITHDRAW THE APPEAL ON THE GROUND THAT TH E ISSUE INVOLVED IN THIS APPEAL STANDS SETTLED UNDER THE VIVAD SE VISHWAS SCHEME, 2020. THE APPELLANT ALSO FILED COPY OF FORM NO.3 ISSUED BY THE PRINCIP AL COMMISSIONER OF INCOME TAX, PUNE 4. 2 3. ON THE OTHER HAND, THE LD. DEPARTMENT REPRESENTATIV E HAD EXPRESSED NO OBJECTION TO PERMIT THE WITHDRAWAL OF APPEAL. 4. IN THE CIRCUMSTANCES, WE HEREBY GRANT PERMISSION TO THE APPELLANT TO WITHDRAW THE APPEAL. ACCORDINGLY, THE APPEAL STANDS DISMISSED AS WIT HDRAWN. 5. IN THE RESULT, THE APPEAL FILED BY THE ASSESSEE IS DISMIS SED AS WITHDRAWN. ORDER PRONOUNCED IN THE OPEN COURT ON 10 TH MARCH, 2021. SD/- SD/- -- (S.S. VISHWANETHRA RAVI) (R.S. SYAL) JUDICIAL MEMBER VICE PRESIDENT / PUNE; / DATED : 10 TH MARCH, 2021. YAMINI / COPY OF THE ORDER FORWARDED TO : 1. / THE APPELLANT. 2. / THE RESPONDENT. 3. THE CIT(A)-PUNE - 1, PUNE. 4. THE PR.CIT-1, PUNE. 5. , , , / DR, ITAT, B BENCH, PUNE. 6. ! / GUARD FILE. / BY ORDER, // TRUE COPY // SENIOR PRIVATE SECRETARY , / ITAT, PUNE.