Krupa Trading Co., CHENNAI V. ACIT Non Corporate Ward 3, CHENNAI

ITA 2251/CHNY/2018

• Counselvise Citation: [2021] 104 COUNSELVISE.COM (IT) 8860 (ITAT-CHENNAI)
• Duration Of Justice: 3 year(s) 3 month(s) 15 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 10-11-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: D
• Assessment Year: 2013-2014
• Appeal Filed On: 26-07-2018
• Result in Favour of: Revenue
• Court: TRIBUNAL

Judgement Text

आयकर अपीलीय अिधकरण, ‘डी’ (एस एम सी) ᭠यायपीठ, चे᳖ई IN THE INCOME TAX APPELLATE TRIBUNAL ‘D’ (SMC) BENCH, CHENNAI Įी महावीर ͧसंह, उपाÚय¢ के समᭃ BEFORE SHRI MAHAVIR SINGH, VICE PRESIDENT आयकर अपील सं./ITA No.: 2251/CHNY/2018 िनधाᭅरण वषᭅ /Assessment Year: 2013-14 M/s. Krupa Trading Co, New No.9, Old No.6, Dhanammal Street, Chetpet, Chennai – 600 031. PAN : AAIFK 5044J v. The ACIT, Non-Corporate Ward-3, Chennai – 34. (अपीलाथᱮ/Appellant) (ᮧ᭜यथᱮ/Respondent) अपीलाथᱮ कᳱ ओर से/Appellant by : None ᮧ᭜यथᱮ कᳱ ओर से/Respondent by : Shri B. Sajive, JCIT स ु नवाई कȧ तारȣख/Date of Hearing : 11.11.2021 घोषणा कȧ तारȣख/Date of Pronouncement : 11.11.2021 आदेश /O R D E R This appeal filed by the assessee is directed against the order of learned Commissioner of Income Tax (Appeals)-4, Chennai in ITA No.14/2017-18/A.Y.2013-14/CIT(A)-4 dated 17.05.2018 for the assessment year 2013-14. 2. At the time of hearing, none is present for assessee and it is noticed that assessee has filed a letter dated 08.11.2021 and stated 2 I.T.A. No.2251/Chny/2018 that the assessee wants to utilize the Direct Taxes ‘Vivad se Vishwas Scheme, 2020’ to settle pending dispute relating to Direct Taxes and in this regard the assessee has filed Form no. 3 from the designated authority. The assessee has also stated that it had paid the tax amount as per Form 3 and in this regard, submitted Form 5 issued by PCIT and requested for withdrawal of appeal. Therefore, once the assessee has filed Form 5 and settled pending dispute regarding direct taxes, then there is no point in keeping appeal filed by the assessee and hence, I dismiss the appeal filed by the assessee as withdrawn. 3. In the result, the appeal filed by the assessee is dismissed as withdrawn. Order pronounced in the open court on 11 th November, 2021 at Chennai. Sd/- (महावीर ͧसंह ) (Mahavir Singh) उपाÚय¢ /Vice President चे᳖ई/Chennai, ᳰदनांक/Dated, the 11 th November, 2021 RSR आदेश कᳱ ᮧितिलिप अᮕेिषत/Copy to: 1. अपीलाथᱮ/Appellant 2. ᮧ᭜यथᱮ/Respondent 3. आयकर आयुᲦ (अपील)/CIT(A) 4. आयकर आयुᲦ /CIT 5. िवभागीय ᮧितिनिध/DR 6. गाडᭅ फाईल/GF.