Shri Shiv Shankar Banka (HUF), Kolkata V. ITO, Ward - 50(3), Kolkata

ITA 2231/KOL/2018

• Counselvise Citation: [2021] 107 COUNSELVISE.COM (IT) 7096 (ITAT-KOLKATA)
• Duration Of Justice: 2 year(s) 9 month(s) 29 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 27-08-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: B
• Assessment Year: 2014-2015
• Appeal Filed On: 29-10-2018
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Assessee Lawyers: N O N E

Judgement Text

ITA NO. 2231/KOL/2018 A.Y. 20 14-2015 SHRI SHIV SHANKAR BANKA (HUF) 1 IN THE INCOME TAX APPELLATE TRIBUNAL, KOLKATA B BENCH, KOLKATA [VIRTUAL COURT HEARING] BEFORE SHRI P.M. JAGTAP, VICE-PRESIDENT(KZ) & SHRI A.T. VARKEY, JUDICIAL MEMBER I.T.A. NO. 2231/KOL/2018 ASSESSMENT YEAR: 2014-2015 SHRI SHIV SHANKAR BANKA (HUF),..................... ..................................APPELLANT C/O. RAJESH MOHAN& ASSOCIATES, UNIT-18, BAGATI HOUSE, 5 TH FLOOR, 34, GANESH CHANDRA AVENUE, KOLKATA-700013 [PAN:AAQHS6976M] -VS.- INCOME TAX OFFICER,.................. .....................RESPONDENT WARD-50(3), KOLKATA, UTTARAPAN BUILDING COMPLEX, ULTADANGA, KOLKATA-700054 APPEARANCES BY: N O N E, APPEARED ON BEHALF OF THE ASSESSEE SHRI JAYANTA KHANRA, JCIT , SR. D.R., APPEARED ON BEHALF OF THE REVENUE DATE OF CONCLUDING THE HEARING : AUGUST 27, 2021 DATE OF PRONOUNCING THE ORDER : AUGUST 27, 2021 O R D E R PER SHRI P.M. JAGTAP, VICE-PRESIDENT :- THIS APPEAL FILED BY THE ASSESSEE IS DIRECTED AGAI NST THE ORDER OF LD. COMMISSIONER OF INCOME TAX (APPEALS)-15, KOLKATA DA TED 14.09.2018 . 2. IN THIS CASE, THE KARTA OF THE ASSESSEE-HUF HAS MOVED AN APPLICATION SEEKING WITHDRAWAL OF THIS APPEAL ON TH E GROUND THAT THEY HAVE DECIDED TO SETTLE THE DISPUTE INVOLVED IN THE SAID APPEAL UNDER THE DIRECT TAX VIVAD SE VISHWAS ACT, 2020. THE ASSESSE E HAS DULY FILED THE DECLARATIONS IN FORM NO. 1 AND FORM NO. 2 AND THE D ESIGNATED AUTHORITY HAS ISSUED THE CERTIFICATE IN FORM NO. 3 AS PER SEC TION 5(1) OF THE SCHEME ACCEPTING THE ASSESSEES DECLARATION UNDER THE SAME SCHEME. ITA NO. 2231/KOL/2018 A.Y. 20 14-2015 SHRI SHIV SHANKAR BANKA (HUF) 2 3. KEEPING IN VIEW THESE FACTS AND CIRCUMSTANCES OF THE CASE INCLUDING ESPECIALLY THE FACT THAT THE ASSESSEE HAS DULY COMP LIED WITH THE NECESSARY REQUIREMENTS UNDER VIVAD SE VISHWAS SCHEME, 2020, T HE PERMISSION AS SOUGHT BY THE KARTA OF THE ASSESSEE-HUF IS GRANTED AND THIS APPEAL OF THE ASSESSEE IS DISMISSED AS WITHDRAWN. 4. IN THE RESULT, THE APPEAL FILED BY THE ASSESSEE IS DISMISSED AS WITHDRAWN. ORDER PRONOUNCED IN THE OPEN COURT ON AUGUST 27, 20 21. SD/- SD/- (A.T. VARKEY) (P.M. JAGTAP) JUDICIAL MEMBER VICE-PRESIDENT KOLKATA, THE 27 TH DAY OF AUGUST, 2021 COPIES TO : (1) SHRI SHIV SHANKAR BANKA (HUF) C/O. RAJESH MOHAN& ASSOCIATES, UNIT-18, BAGATI HOUSE, 5 TH FLOOR, 34, GANESH CHANDRA AVENUE, KOLKATA-700013 (2) INCOME TAX OFFICER, WARD-50(3), KOLKATA, UTTARAPAN BUILDING COMPLEX, ULTADANGA, KOLKATA-700054 (3) COMMISSIONER OF INCOME TAX (APPEALS)-15, KOLK ATA, (4) COMMISSIONER OF INCOME TAX , (5) THE DEPARTMENTAL REPRESENTATIVE (6) GUARD FILE BY ORDER SENIOR PRIVATE SE CRETARY/DDO, INCOME TAX APPELLATE TRIBUNAL, KOLKATA BENCHES, KOLKATA LAHA/SR. P.S.