Shree Raghukul Texprints Pvt. Ltd., Surat V. The Income Tax Officer, Ward-2(1)(2), Surat

ITA 22/AHD/2017

• Counselvise Citation: [2021] 108 COUNSELVISE.COM (IT) 6250 (ITAT-SURAT)
• Duration Of Justice: 4 year(s) 3 month(s) 18 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 21-04-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: DB
• Assessment Year: 2012-2013
• Appeal Filed On: 02-01-2017
• Result in Favour of: Revenue
• Court: TRIBUNAL

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL, SURAT BENCH, SURAT BEFORE SHRI PAWAN SINGH, JUDICIAL MEMBER AND DR. ARJUN LAL SAINI, ACCOUNTANT MEMBER ITA NO. 22/AHD/2017 (AY: 2012-13) ( VIRTUAL COURT HEARING) SHREE RAGHUKUL TEXPRINTS PVT. LTD., 146-A, TATHAIYA JOLWA, PALSANA, SURAT-394315. PAN : AADCS3524R VS. THE INCOME TAX OFFICER, WARD-2(1)(2), SURAT. APPELLANT RESPONDEDNT APPELLANT BY MS CHAITALI SHAH, CA RESPONDENT BY MS USHA SHROTE, SR. DR DATE OF HEARING 21/04/2021 DATE OF PRONOUNCEMENT 21/04/2021 O R D E R PER DR. A. L. SAINI, ACCOUNTANT MEMBER : AT THE OUTSET ITSELF, MS CHAITALI SHAH, LEARNED COUNSEL FOR THE ASSESSEE, SUBMITTED BEFORE THE BENCH THAT ASSESSEE HAS OPTED THE BENEFIT OF THE DIRECT TAX VIVAD SE VISHWAS ACT, 2020 . A COPY OF FORM NO. 3 UNDER THE DIRECT TAX VIVAD SE VISHWAS ACT, FILED BY THE ASSESSEE IN THE INCOME TAX DEPARTMENT ON 12.03.2021 WAS ALSO PLACED BEFORE THE BENCH. MS CHAITALI SHAH, ON BEHALF OF THE ASSESSEE SUBMITTED THAT ASSESSEE HAS PRAYED FOR WITHDRAWAL OF THE APPEAL TO WHICH, THE LEARNED DEPARTMENTAL REPRESENTATIVE (IN SHORT THE LD. DR) DID NOT RAISE ANY OBJECTION. 2. WE HAVE HEARD BOTH THE PARTIES AND GONE THROUGH THE FORM NO.3 ALONG WITH ACKNOWLEDGEMENT NO.288665320120321 FILED BY THE ASSESSEE TO OBTAIN THE BENEFIT OF VIVAD SE VISHWAS SCHEME AND NOTED THAT ASSESSEE HAS PRAYED FOR WITHDRAWAL OF THE APPEAL. THE LD. DR FOR THE REVENUE DID NOT HAVE ANY OBJECTION IF THE SAID APPEAL IS WITHDRAWN BY THE ASSESSEE. CONSEQUENTLY, WE TREAT THIS APPEAL AS WITHDRAWN. THE ASSESSING OFFICER IS DIRECTED TO PASS THE CONSEQUENTIAL ORDER AS PER CBDT CIRCULAR NO.03/2021 DATED 04.03.2021. 2 ITA NO.22/AHD/2017 ASSESSMENT YEAR.2012-13 SHREE RAGHUKUL TEXPRINTS PVT. LTD. 3. IN THE RESULT, THE APPEAL OF THE ASSESSEE (IN ITA NO.22/AHD/2017 FOR AY.2012-13) IS DISMISSED AS WITHDRAWN. ORDER PRONOUNCED ON 21/04/2021 AT THE TIME OF VIRTUAL COURT HEARING. SD/- SD/- (PAWAN SINGH) (DR. A. L. SAINI) JUDICIAL MEMBER ACCOUNTANT MEMBER SURAT, DATED: 21/04/2021 SAMANTA COPY TO: 1. APPELLANT 2. RESPONDENT 3. CIT(A) 4. CIT 5. DR 6. GUARD FILE /TRUE COPY/ BY ORDER // TRUE COPY // ASSISTANT REGISTRAR/SR. PS/PS ITAT, SURAT