M/s. City Corporation Ltd, Pune V. Deputy Commissioner of Income-tax, Circle - 1(1), Pune

ITA 225/PUN/2018

• Counselvise Citation: [2021] 109 COUNSELVISE.COM (IT) 6162 (ITAT-PUNE)
• Duration Of Justice: 3 year(s) 7 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 01-02-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: A
• Assessment Year: 2006-2007
• Appeal Filed On: 24-01-2018
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: S P WALIMBE

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. 225 /PUN/20 18 / ASSESSMENT YEAR : 2006 - 07 M/S. CITY CORPORATION LTD. 917/19A F.C. ROAD, CITY CHAMBERS, PUNE - 411 004 PAN : AACCC2820K ....... / APPELLANT / V/S. THE DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE 1(1), PUNE. / RESPONDENT A SSESSEE BY : SHRI SUHAS BORA REVENUE BY : SHRI S.P WALIMBE / DATE OF HEARING : 01 . 0 2 .202 1 / DATE OF PRONOUNCEMENT : 01 . 02 .2021 / ORDER THIS APPEAL PREFERRED BY THE ASSESSEE EMANATES FROM THE ORDER OF THE LD. CIT(APPEAL), PUNE - 1, PUNE DATED 21.09.2017 FOR THE ASSESSMENT YEAR 2006 - 07 AS PER THE GROUNDS OF APPEAL ON RECORD. 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 31.12.2020 ALONG WITH FORM - 3 IN THIS REGARD BY STATING AS FOLLOWS: 2 ITA NO. 225 /PUN/20 18 A.Y. 2006 - 07 ITA NO.225/PUN/2018 A.Y. 2006 - 07 THE APPLICANT SUBMITS AS UNDER: 1 ) THE ABOVE REFERRED ASSESSEE HAS FILED AN APPEAL BEFORE YOUR HONOUR ON 24 TH JANUARY, 2018. THE SAME IS PENDING BEFORE HONOUR A BENCH OF PUNE ITAT AS ON DATE. (PHOTOCOPY OF ACKNOWLEDGED FORM 36 IS ENCLOSED. 2 ) THE APPELLANT HAS DECIDED TO OPT FOR THE VIVAD SE VISHWAS SCHEME 2020 AND HAS ACCORDINGL Y, UPLOADED FORM 1 & 2 UNDER THE SAID SCHEME ON 20 TH MARCH, 2020 BEARING RECEIPT NO.327542801200320. (PHOTOCOPY OF ACKNOWLEDGED FORM 3 IS ENCLOSED). 3 ) ACCORDINGLY, THE APPELLANT PRAYS YOUR HONOUR TO PERMIT THE APPELLANT TO WITHDRAW THE SAID APPEAL. 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 APPEAL OF ASSESSEE IS DISMISSED BEING WITHDRAWN. 3.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 IN OPEN COURT ON 01ST DAY OF FEBRUARY , 20 2 1 . SD/ - SD/ - INTURI RAMA RAO PARTHA SARATHI CHAUDHURY ACCOUNTANT MEMBER JUDICIAL MEMBER / PUNE; / DATED : 01 ST FEBRUARY , 202 1 SB / COPY OF THE ORDER FORWARDED TO : 1. / THE APPELLANT. 2. / THE RESPONDENT. 3. THE CIT(APPEAL), PUNE - 1. 4. THE PR. CIT - 1, PUNE. 5 . , , , / DR, ITAT, A BENCH, PUNE. 6 . / GUARD FILE. / BY ORDER, // TRUE COPY // / PRIVATE SECRETARY , / ITAT, PUNE . 3 ITA NO. 225 /PUN/20 18 A.Y. 2006 - 07 DATE 1 DRAFT DICTATED ON 01 . 02 .202 1 SR.PS/PS 2 DRAFT PLACED BEFORE AUTHOR 01 . 02 .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