Canara Bank, Jalandhar V. DCIT (TDS), Ludhiana

ITA 2/CHANDI/2018

• Counselvise Citation: [2021] 109 COUNSELVISE.COM (IT) 2195 (ITAT-CHANDIGARH)
• Duration Of Justice: 3 year(s) 1 month(s) 15 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 17-02-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: A
• Assessment Year: 2014-2015
• Appeal Filed On: 01-01-2018
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: SANDEEP DAHIYA
• Section: 143(3)

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL DIVISION BENCH, B CHANDIGARH BEFORE SHRI N.K. SAINI, VICE PRESIDENT & SHRI R.L NEGI, JUDICIAL MEMBER ./ ITA NO. 2/CHD/2018 BLOCK PERIOD : 1988-89 TO 1998-99 M/S MUNNI ROLLER FLOUR MILLS PVT LTD., RAILWAY ROAD, KALAYAT, KAITHAL THE DCIT, KURUKSHETRA ./PAN NO: AACCM5558N / APPELLANT /RESPONDENT HEARING THROUGH VIDEO CONFERENCING /ASSESSEE BY : SHRI TEJ MOHAN SINGH, ADVOCATE / REVENUE BY : SHRI SANDEEP DAHIYA, CIT ! '# /DATE OF HEARING : 17.02.2021 $%&'()# / DATE OF PRONOUNCEMENT : 17.02.2021 / ORDER PER R.L. NEGI, JUDICIAL MEMBER: THE ASSESSEE HAS FILED THE CAPTIONED APPEAL AGAINST THE ORDER DATED 08.08.2018 PASSED BY THE COMMISSIONER OF INCOME TAX (APPEALS), KARNAL (FOR SHORT THE CIT(A)], PERTAINING TO THE B LOCK PERIOD 1988-89 TO 1998-99 VIDE WHICH THE LD. CIT(A) HAS DISMISSED THE APPEAL OF THE ASSESSEE FILED AGAINST THE ASSESSMENT ORDER PASSED U/S 158BC(B) R.W.S. 158BB(B) AND 143(3) OF THE INCOME TAX ACT, 1961 (FO R SHORT 'THE ACT'). 2. AT THE OUTSET, LD. COUNSEL FOR THE ASSESSEE SUB MITTED THAT THE ASSESSEE HAS OPTED TO SETTLE THE ISSUES IN THE SAID APPEAL UNDER THE PROVISIONS OF VIVAD SE VISHWAS SCHEME 2020. THE L D. COUNSEL 2 FURTHER SUBMITTED THAT AN APPLICATION FOR WITHDRAWA L OF THE SAID APPEAL HAS ALREADY BEEN FILED. HENCE, THE SAME MAY BE ALLOWED AND THE ASSESSEE MAY BE PERMITTED TO WITHDRAW THE SAID APPEAL. 3. THE LD. DEPARTMENTAL REPRESENTATIVE DID NOT OPP OSE THE APPLICATION FILED BY THE ASSESSEE. 4. IN VIEW OF THE SUBMISSIONS MADE BY THE LD. COUN SEL FOR THE ASSESSEE, WE ALLOW THE APPLICATION FILED BY THE ASS ESSEE AND ACCORDINGLY DISMISS THE APPEAL AS WITHDRAWN. ORDER PRONOUNCED ON 17.02.2021. SD/- SD/- ( N.K. SAINI) (R.L.NEGI) / VICE PRESIDENT / JUDICIAL MEMBER DATED : 17.02.2021 .. %+,-.-( / COPY OF THE ORDER FORWARDED TO : 1. / THE APPELLANT 2. / THE RESPONDENT 3. ! / / CIT 4. ! / ( )/ THE CIT(A) 5. - 01 2 , #2) , 34516 / DR, ITAT, CHANDIGARH 6. 157' / GUARD FILE %+ ! / BY ORDER, 8 / ASSISTANT REGISTRAR