Kohler Power (I) P Ltd (Earlier known as Lombardini India Pvt. Ltd.,), Aurangabad V. Assistant Commissioner of Income-tax, Aurangabad

ITA 2469/PUN/2016

• Counselvise Citation: [2021] 109 COUNSELVISE.COM (IT) 4681 (ITAT-PUNE)
• Duration Of Justice: 4 year(s) 3 month(s) 21 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 11-02-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: C
• Next Hearing Date: 11-02-2021
• Assessment Year: 2011-2012
• Appeal Filed On: 21-10-2016
• Result in Favour of: Revenue
• Court: TRIBUNAL

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL C BENCH, PUN E (THROUGH VIRTUAL COURT) BEFORE SHRI INTURI RAMA RAO, AM AND SHRI PARTHA SARATHI CHAUDHURY, JM . / ITA NOS.2468 & 2469/PUN/2016 / ASSESSMENT YEARS : 2010-11 & 2011-12. KOHLER POWER INDIA PRIVATE LIMITED, ....... / APPELLANT (EARLIER KNOWN AS LOMBARDINI INDIA PRIVATE LIMITED) PLOT NO.J-2/1, MIDC INDUSTRIAL AREA, CHIKALTHANA, AURANGABAD. MAHARASHTRA 431210. PAN : AAACL6740M. / V/S. THE ASST. COMMISSIONER OF INCOME TAX, CIRCLE 1, AURANGABAD. / RESPONDENT ASSESSEE BY : SHRI RAJENDRA AGIWAL. (WITHDRAWAL APPLICATIONS FILED). REVENUE BY : SHRI SANDEEP GARG / SHRI MAHADEVAN A.M. KRISHANAN. / DATE OF HEARING : 11.02.2021 / DATE OF PRONOUNCEMENT : 11.02.2021 / ORDER THE APPEALS FILED BY THE ASSESSEE ARE DIRECTED AGAINST T HE COMMON ORDER OF THE LD. COMMISSIONER OF INCOME TAX (APPEALS) 13, PUNE DATED 21.07.2016 FOR THE ASSESSMENT YEARS 2010-11 AND 2011-12. 2. BEFORE US, THE APPELLANT FILED A LETTER DT.01.02.2021 SE EKING PERMISSION TO WITHDRAW THE APPEALS ON THE GROUND THAT THE ISSUE IN VOLVED IN THESE APPEALS STAND SETTLED UNDER THE VIVAD SE VISHWAS SCHEM E, 2020. THE 2 APPELLANT ALSO FILED COPY OF FORM NO.3 ISSUED BY PRINCIPAL COM MISSIONER OF INCOME TAX, PUNE. 3. ON THE OTHER HAND, THE LD. DEPARTMENT REPRESENTATIVE S HAD EXPRESSED NO OBJECTION TO PERMIT THE WITHDRAWAL OF APPEALS. 4. IN THE CIRCUMSTANCES, WE HEREBY GRANT PERMISSION TO THE APPELLANT TO WITHDRAW THE APPEALS. ACCORDINGLY, THE APPEALS STAND DISMIS SED AS WITHDRAWN. 5. IN THE RESULT, THE APPEALS FILED BY THE ASSESSEE ARE DISMISSED AS WITHDRAWN. ORDER PRONOUNCED IN THE OPEN COURT ON THIS 11 TH DAY OF FEBRUARY, 2021. SD/- SD/- (PARTHA SARATHI CHAUDHURY) (INTURI RAMA RAO) / JUDICIAL MEMBER / ACCOUNTANT MEMBER / PUNE; / DATED : 11 TH FEBRUARY, 2021. YAMINI / COPY OF THE ORDER FORWARDED TO : 1. / THE APPELLANT. 2. / THE RESPONDENT. 3. THE CIT(A), PUNE-13, PUNE. 4. THE CCIT, NASHIK. 5. , , , / DR, ITAT, C BENCH, PUNE. 6. ! / GUARD FILE. / BY ORDER, // TRUE COPY // SENIOR PRIVATE SECRETARY , / ITAT, PUNE.