M/s NM Merchantiles Ltd., Ludhiana V. JCIT, R-7, Ludhianan

ITA 236/CHANDI/2018

• Counselvise Citation: [2020] 110 COUNSELVISE.COM (IT) 8135 (ITAT-CHANDIGARH)
• Duration Of Justice: 2 year(s) 5 month(s) 27 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 19-08-2020
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: B
• Assessment Year: 2012-2013
• Appeal Filed On: 22-02-2018
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: DR G S PHANI KISHORE

Judgement Text

, , IN THE INCOME TAX APPELLATE TRIBUNAL, CHANDIGARH BE NCH B, CHANDIGARH (VIRTUAL COURT) .., ! '# #$ %, & '( BEFORE: SHRI. N.K.SAINI, VP & SHRI , SANJAY GARG, J M ITA NO. 450/CHD/2017 ASSESSMENT YEAR : 2009-10 NM MERCHANTILES LIMITED 85, INDUSTRIAL AREA A LUDHIANA THE JCIT RANGE-7 LUDHIANA PAN NO. AMVPS7107H APPELLANT RESPONDENT ITA NO. 451/CHD/2017 ASSESSMENT YEAR : 2010-11 NM MERCHANTILES LIMITED 85, INDUSTRIAL AREA A LUDHIANA THE JCIT RANGE-6 LUDHIANA PAN NO. AMVPS7107H APPELLANT RESPONDENT ITA NO. 452/CHD/2017 ASSESSMENT YEAR : 2011-12 NM MERCHANTILES LIMITED 85, INDUSTRIAL AREA A LUDHIANA THE JCIT RANGE-7 LUDHIANA PAN NO. AMVPS7107H APPELLANT RESPONDENT ITA NO. 236/CHD/2018 ASSESSMENT YEAR : 2012-13 NM MERCHANTILES LIMITED 85, INDUSTRIAL AREA A LUDHIANA THE JCIT RANGE-7 LUDHIANA PAN NO. AMVPS7107H APPELLANT RESPONDENT ITA NO. 540/CHD/2019 ASSESSMENT YEAR : 2009-10 NM MERCHANTILES LIMITED THE JCIT 2 85, INDUSTRIAL AREA A LUDHIANA RANGE-7(5) LUDHIANA PAN NO. AMVPS7107H APPELLANT RESPONDENT ITA NO. 541/CHD/2019 ASSESSMENT YEAR : 2010-11 NM MERCHANTILES LIMITED 85, INDUSTRIAL AREA A LUDHIANA THE JCIT RANGE-7(5) LUDHIANA PAN NO. AMVPS7107H APPELLANT RESPONDENT ITA NO. 542/CHD/2019 ASSESSMENT YEAR : 2011-12 NM MERCHANTILES LIMITED 85, INDUSTRIAL AREA A LUDHIANA THE JCIT RANGE-7(5) LUDHIANA PAN NO. AMVPS7107H APPELLANT RESPONDENT ITA NO. 539/CHD/2019 ASSESSMENT YEAR : 2008-09 NM MERCHANTILES LIMITED 85, INDUSTRIAL AREA A LUDHIANA THE JCIT RANGE-7(5) LUDHIANA PAN NO. AMVPS7107H APPELLANT RESPONDENT ASSESSEE BY : SHRI ASHWANI KUMAR, CA SHRI ADITYA KUMAR, CA REVENUE BY : DR. G.S. PHANI KISHORE, CIT ! '# DATE OF HEARING : 19/08/2020 $%&'()# DATE OF PRONOUNCEMENT : 19/08/2020 3 ')/ ORDER PER BENCH: ALL THE ABOVE APPEALS BY THE ASSESSEE ARE DIRECTED AGAINST THE SEPARATE ORDERS OF LD. COMMISSIONERS OF INCOME TAX (APPEAL)- 3, LUDHIANA AS PER FOLLOWING DETAILS: SL.NO. APPEAL NO. NAME OF CASE CIT(APPEAL / S ) ORD ER DT. 1. ITA NO. 450/CHD/2017 M/S NM MERCHANTILES LTD. CI T(A)-3, LUDHIANA 15/03/2017 2. ITA NO. 451/CHD/2017 M/S NM MERCHANTILES LTD. CIT(A)-3, LUDHIANA 20/01/2017 3. ITA NO. 452/CHD/2017 M/S NM MERCHANTILES LTD. CIT(A)-3, LUDHIANA 15/03/2017 4. ITA NO. 236/CHD/2018 M/S NM MERCHANTILES LTD. CIT(A)-3, LUDHIANA 27/12/2017 5. ITA NO. 540/CHD/2019 M/S NM MERCHANTILES LTD. CIT(A)-3, LUDHIANA 22/02/2019 6. ITA NO. 541/CHD/2019 M/S NM MERCHANTILES LTD. CIT(A)-3, LUDHIANA 22/02/2019 7. ITA NO. 542/CHD/2019 M/S NM MERCHANTILES LTD. CIT(A)-3, LUDHIANA 22/02/2019 8. ITA NO. 539/CHD/2019 M/S NM MERCHANTILES LTD. CIT(A)-3, LUDHIANA 22/02/2019 2. IN ALL THE ABOVE APPEALS THE LD. COUNSEL FOR THE ASSESSEE FURNISHED SEPARATE APPLICATIONS FOR WITHDRAWAL OF THE APPEALS . 3. DURING THE COURSE OF HEARING THE LD. COUNSEL FOR THE ASSESSEE SUBMITTED THAT SINCE THE ASSESSEE HAVE AVAILED THE IMMUNITY S CHEME I.E; VIVAD SE VISHWAS AND THE INCOME TAX DEPARTMENT HAS SINCE ISSUED FORM NOS. 3 , IN RESPONSE TO THE APPLICATIONS FILED BY THE ASSESSEE, UNDER SE CTION 5(1) OF THE DIRECT TAX VIVAD SE VISHWAS ACT, 2020, THEREFORE THE APPEALS O F THE ASSESSEE MAY BE ALLOWED TO BE WITHDRAWN. THE DETAILS OF ABOVE SAID CERTIFICATES ARE AS UNDER: 4 SL.NO. APPEAL NO. NAME OF CASE CERTIFICATE NUMBER & DATE 1. ITA NO. 450/CHD/2017 & ITA NO. 540/CHD/2019 M/S NM MERCHANTILES LTD. 456244840110820 DT. 11/08/2020 2. ITA NO. 451/CHD/2017 & ITA NO. 541/CHD/2019 M/S NM MERCHANTILES LTD. 456198040110820 DT. 11/08/2020 3. ITA NO. 452/CHD/2017 & ITA NO. 542/CHD/2019 M/S NM MERCHANTILES LTD. 456255520110820 DT. 11/08/2020 4. ITA NO. 236/CHD/2018 M/S NM MERCHANTILES LTD. 456263510110820 DT. 11/08/2020 5. ITA NO. 539/CHD/2019 M/S NM MERCHANTILES LTD. 399057180150720 DT. 15/07/2020 4. THE LD. DR DID NOT OBJECT IF THE ABOVE APPEALS O F THE ASSESSEE ARE DISMISSED AS WITHDRAWN. 5. IN VIEW OF THE ABOVE THE APPEALS OF THE ASSESSEE ARE DISMISSED AS WITHDRAWN. 6. IN THE RESULT, APPEALS OF THE ASSESSEE ARE DISMI SSED. (ORDER PRONOUNCED IN THE OPEN COURT ON 19/08/2020) SD/- SD/- #$ % .., (SANJAY GARG ) ( N.K. SAI NI) & '(/ JUDICIAL MEMBER ! / VICE PRESIDENT AG DATE: 19/08/2020 *% +,-. -( COPY OF THE ORDER FORWARDED TO : 1. THE APPELLANT 2. THE RESPONDENT 3. ** ! / CIT 4. ** ! /01 THE CIT(A) 5. - 245*#*4)56789 DR, ITAT, CHANDIGARH 6. 8:' GUARD FILE