Thrift Co-operative Association Limited, Ponda V. Income Tax Officer, Ward - 2(2), Panaji

ITA 222/PAN/2019

• Counselvise Citation: [2020] 110 COUNSELVISE.COM (IT) 9001 (ITAT-PANAJI)
• Duration Of Justice: 1 year(s) 1 month(s) 20 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 31-07-2020
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: SMC
• Assessment Year: 2012-2013
• Appeal Filed On: 10-06-2019
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Assessee Lawyers: ARISE OUT OF SEPARATE S PASSED

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL PANAJI BENCH, PANAJI VIRTUAL COURT BEFORE SHRI R.S. SYAL, VICE PRESIDENT AND SHRI PARTHA SARATHI CHAUDHURY, JUDICIAL MEMBER ITA NOS.222, 223 & 224/PAN/2019 ASSESSMENT YEARS 2012-13, 2013-14 & 2015-16 THRIFT CO-OPERATIVE ASSOCIATION LIMITED, OPPOSITE FIRE STATION, NEAR ANGARAKI BUILDING, WARKHANDE, PONDA, GOA 403401. PAN : AAAAT6655M VS. ITO, WARD 2(2)/ ITO, WARD 2(3) PANAJI, GOA. APPELLANT RESPONDENT / ORDER PER BENCH : THESE APPEALS BY THE ASSESSEE ARISE OUT OF THE SEPARATE ORDERS PASSED BY THE CIT(A), PANAJI 1, DATED 20.03.2019 IN RELATION TO THE ASSESSMENT YEARS 2012-13, 2013-14 & 2015-16, RESP ECTIVELY. 2. BEFORE US, THE ASSESSEE HAS FILED LETTERS DATED 30.06. 2020 SEEKING WITHDRAWAL OF THE APPEALS. THE RELEVANT CONTENTS OF SUCH WITHDRAWAL LETTERS, READ AS UNDER : ASSESSEE BY SHRI SHYAM KAMAT. REVENUE BY SHRI Y.V. RAVIRAJ DATE OF HEARING 31.07.2020 DATE OF PRONOUNCEMENT 31.07.2020. ITA NOS.222, 223 & 224/PAN/2019 THRIFT CO-OPERATIVE ASSOCIATION LIMITED 2 .....WE HAVE DECIDED TO OPT FOR VIVAD SE VISHWAS SCHEME (VSVS) AND ACCORDINGLY FILED THE NECESSARY FORMS WITH COMMISSI ONER OF INCOME TAX FOR THE SAID ASSESSMENT YEAR. COPY OF FORM NO.3 GENERATED FROM THE INCOME TAX SITE REGARDING APPROVAL OF THE DECLA RATION BY CIT IS ENCLOSED. HENCE WE HEREBY REQUEST YOU TO CONSIDER THE SAME AP PEAL AS WITHDRAWN. 3. ON PERUSAL OF THE ABOVE LETTERS AND HAVING NO OBJECTION F ROM THE SIDE OF THE LD. DR, WE ALLOW THE REQUEST OF THE ASSESS EE TO WITHDRAW THE APPEALS. 4. IN THE RESULT, ALL THE APPEALS OF THE ASSESSEE ARE DISMIS SED AS WITHDRAWN. ORDER PRONOUNCED IN THE OPEN COURT ON 31 ST JULY, 2020. SD/- SD /- (PARTHA SARATHI CHAUDHURY) (R.S.SYAL) JUDICIAL MEMBER VIC E PRESIDENT PUNE; DATED : 31 ST JULY, 2020 SATISH / COPY OF THE ORDER IS FORWARDED TO : 1. / THE APPELLANT; 2. / THE RESPONDENT; 3. THE CIT(A) PANAJI-1 4. 5. 6. THE PR.CIT, PANAJI DR, ITAT, PANAJI; / GUARD FILE. / BY ORDER, // TRUE COPY // SENIOR PRIVATE SECRETARY , / ITAT, PUNE ITA NOS.222, 223 & 224/PAN/2019 THRIFT CO-OPERATIVE ASSOCIATION LIMITED 3 DATE 1. DRAFT DICTATED ON 31-07-2020 SR.PS 2. DRAFT PLACED BEFORE AUTHOR 31-07-2020 SR.PS 3. DRAFT PROPOSED & PLACED BEFORE THE SECOND MEMBER JM 4. DRAFT DISCUSSED/APPROVED BY SECOND MEMBER. JM 5. APPROVED DRAFT COMES TO THE SR.PS/PS SR.PS 6. KEPT FOR PRONOUNCEMENT ON SR.PS 7. DATE OF UPLOADING ORDER SR.PS 8. FILE SENT TO THE BENCH CLERK SR.PS 9. DATE ON WHICH FILE GOES TO THE HEAD CLERK 10. DATE ON WHICH FILE GOES TO THE A.R. 11. DATE OF DISPATCH OF ORDER. *