Uttara Biosciences Pvt.Ltd, Pune V. Income-tax Officer, Ward - 12(1), Pune

ITA 1937/PUN/2018

• Counselvise Citation: [2021] 109 COUNSELVISE.COM (IT) 8627 (ITAT-PUNE)
• Duration Of Justice: 2 year(s) 19 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 12-01-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: A
• Assessment Year: 2015-2016
• Appeal Filed On: 24-12-2018
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Assessee Lawyers: VIKAS AGARWAL
• Section: 20

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL A BENCH, PUNE (THROUGH VIRTUAL COURT) BEFORE SHRI INTURI RAMA RAO , ACCOUNTANT MEMBER AND SHRI PARTHA SARATHI CHAUDHURY, J UDICIAL M EMBER . / I TA NO.1937 /PUN/20 18 / ASSESSMENT YEAR : 2015 - 16 UTTARA BIOSCIENCES PVT. LTD. S. NO.114/412, VENKATESHWARA HOUSE, SINHAGAD ROAD, PUNE - 411 030. PAN : AAACU9554C ....... / APPELLANT / V/S. THE INCOME TAX OFFICER, WARD 12(1), PUNE. / RESPONDENT A SSESSEE BY : SHRI VIKAS AGARWAL REVENUE BY : SHRI S.P WALIMBE / DATE OF HEARING : 12 . 01 .202 1 / DATE OF PRONOUNCEMENT : 12 . 01.2021 / ORDER THIS APPEAL PREFERRED BY THE ASSESSEE EMANATES FROM THE ORDER OF THE LD. CIT(APPEALS), PUNE - 5, PUNE DATED 24.08.2018 FOR THE ASSESSMENT YEAR 2015 - 16 AS PER THE GROUNDS OF APPEAL ON RECORD. 2 ITA NO. 1937 /PUN/20 18 A.Y. 2015 - 16 2. THE LD. AR FOR THE ASSESSEE THROUGH VIDEO CONFERENCE SUBMITTED THAT THE ASSESSEE WANTS TO WITHDRAW THE GROUNDS OF APPEALS IN LIGHT OF THE ASSESSEE OPTING FOR RESOLUTION UNDER THE PROVISIONS ENUMERATED IN THE DIRECT TAX VIVAD SE VISHWAS ACT, 2020 (THE VSV ACT) AND HAS FILED AN APPLICATION DATED 06.01.2021 ALONG WITH FORM - 3 IN THIS REGARD BY STATING AS FOLLOWS: SUBJECT: APPLICATION FOR WITHDRAWAL OF APPEAL REFERENCE: ITA NO.1937/PUN/2018 AY 2015 - 16 THE ABOVE REFERRED APPEAL IS FILED BY THE APPELLANT BEFORE THE HONORABLE BENCH ON 24/12/2018 AND THE SAME IS NOT YET FIXED FOR HEARING. APPELLANT HAS APPLIED UNDER THE DIRECT TAX VIVAD SE VISHWAS ACT, 2020 FOR AY 2015 - 16. APPELLANT HAS ALSO RECEIVED FORM - 3 FROM THE LEARNED PCIT. COPY OF FORM 3 IS ENCLOSED HEREWITH. CONSIDERING THE FACT, APPELLANT REQUESTS THE HONORABLE BENCH TO KINDLY ALLOW APPELLANT TO WITHDRAW THE PRESENT APPEAL AND OBLIGE. THE LD. DR HAS NO OBJECTION IN CASE THE ASSESSEE WISHES TO WITHDRAW THE APPEAL. HENCE, WE PERMIT THE WITHDRAWAL. APPEAL OF ASSESSEE IS DISMISSED BEING WITHDRAWN. 3. IN THE RESULT , THE APPEAL OF ASSESSEE IS DISMISSED AS WITHDRAWN. ORDER PRO NOUNCED ON 12 TH DAY OF JANUARY , 20 2 1 . SD/ - SD/ - INTURI RAMA RAO PARTHA SARATHI CHAUDHURY ACCOUNTANT MEMBER JUDICIAL MEMBER / PUNE; / DATED : 12 TH JANUARY , 202 1 SB 3 ITA NO. 1937 /PUN/20 18 A.Y. 2015 - 16 / COPY OF THE ORDER FORWARDED TO : 1. / THE APPELLANT. 2. / THE RESPONDENT. 3. THE CIT(APPEALS), PUNE - 5, PUNE. 4. THE PR. CIT, PUNE - 4, PUNE. 5 . , , , / DR, ITAT, A BENCH, PUNE. 6 . / GUARD FILE. / BY ORDER, // TRUE COPY // / PRIVATE SECRETARY , / ITAT, PUNE . 4 ITA NO. 1937 /PUN/20 18 A.Y. 2015 - 16 DATE 1 DRAFT DICTATED ON 12 . 01 .202 1 SR.PS/PS 2 DRAFT PLACED BEFORE AUTHOR 12 . 01 .202 1 SR.PS/PS 3 DRAFT PROPOSED AND PLACED BEFORE THE SECOND MEMBER JM/AM 4 DRAFT DISCUSSED/APPROVED BY SECOND MEMBER AM/JM 5 APPROVED DRAFT COMES TO THE SR. PS/PS SR.PS/PS 6 KEPT FOR PRONOUNCEMENT ON SR.PS/PS 7 DATE OF UPLOADING OF ORDER SR.PS/PS 8 FILE SENT TO BENCH CLERK SR.PS/PS 9 DATE ON WHICH THE FILE GOES TO THE HEAD CLERK 10 DATE ON WHICH FILE GOES TO THE A.R 11 DATE OF DISPATCH OF ORDER