M/S JHONSON CHEMICALS PVT LTD, PATNA V. ACIT, CENTRAL CIRCLE-1, , PATNA

ITA 192/PAT/2019

• Counselvise Citation: [2021] 109 COUNSELVISE.COM (IT) 7307 (ITAT-PATNA)
• Duration Of Justice: 1 year(s) 6 month(s) 3 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 15-01-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: DB
• Assessment Year: 2014-2015
• Appeal Filed On: 12-07-2019
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Assessee Lawyers: N O N E
• Keywords: Competent authority

Judgement Text

1 ITA NO.192/PAT/2019 JHONSON CHEMICALS PVT. LTD., AY 2014-15 IN THE INCOME TAX APPELLATE TRIBUNAL PATNA BENCH, VIRTUAL HEARING AT KOLKATA ( ) . . , . . , ) [BEFORE SHRI P.M. JAGTAP, VICE PRESIDENT (KZ) &SHRI A. T. VARKEY, JM] I.T.A. NO. 192/PAT/2019 ASSESSMENT YEAR:2014-15 M?S. JHONSON CHEMICALS PVT. LTD. (PAN: AABCJ0105F) VS. ASSISTANT COMMISSIONER OF INCOME-TAX, CENTRAL CIRCLE-1, PATNA APPELLANT RESPONDENT DATE OF VIRTUAL HEARING 15.01.2021 DATE OF PRONOUNCEMENT 15.01.2021 FOR THE APPELLANT N O N E FOR THE RESPONDENT SHRI AJAY KUMAR, ADDL. CIT ORDER PER BENCH: THIS APPEAL HAS BEEN PREFERRED BY THE ASSESSEE AGAINST THE ORDER OF THE LD.CIT(A), PATNA-3 DATED 30.04.2019 FOR AY 2014-15. 2. NONE APPEARED ON BEHALF OF THE ASSESSEE. AT THE OUTSET, IT IS NOTICED FROM THE LETTER OF THE DIRECTOR OF THE ASSESSEE COMPANY DATED 22.12.2020 THAT THE ASSESSEE HAD FILED FORM 1 AND 2 UNDER THE DIRECT TAX VIVAD SE VISHWAS ACT IN RESPECT OF THIS APPEAL AND THE COMPETENT AUTHORITY HAS ISSUED FORM NO.3 ON 17.12.2020. THEREFORE, TAKING INTO CONSIDERATION THE FACT THAT SINCE THE ASSESSEE HAS OPTED FOR THE SCHEME FOR THE AY 2014-15, THERE IS NO POINT IN KEEPING THE IMPUGNED APPEAL PENDING. IN THE LIGHT OF THE AFORESAID DISCUSSION AND THE FACT THAT ASSESSEE HAS OPTED FOR THE SAID SCHEME AND FORM 3 HAS BEEN ISSUED BY THE DEPARTMENT, THEREFORE, WE ALLOW THE ASSESSEE TO WITHDRAW THE IMPUGNED APPEAL. 2 ITA NO.192/PAT/2019 JHONSON CHEMICALS PVT. LTD., AY 2014-15 5. IN THE RESULT, THE APPEAL OF ASSESSEE IS DISMISSED AS WITHDRAWN. ORDER IS PRONOUNCED IN THE OPEN COURT. SD/- SD/- (P. M. JAGTAP) (ABY. T. VARKEY) VICE PRESIDENT JUDICIAL MEMBER DATED : 15.01.2021 JD(SR.P.S.) COPY OF THE ORDER FORWARDED TO: 1. APPELLANT M/S. JHONSON CHEMICALS PVT. LTD., NARAYAN NAGAR, MOHALI ROAD, KARMALICHAK, PATNA CITY, PATNA 2 RESPONDENT ACIT, CENTRAL CIRCLE-1, PATNA. 3. 4. 5. CIT(A)-3, PATNA. (SENT THROUGH E-MAIL) CIT, PATNA DR, ITAT, PATNA. (SENT THROUGH E-MAIL) / TRUE COPY, BY ORDER, ASSISTANT REGISTRAR