DCIT, Central Circle, Hubbali V. Hubli Scan Centre Limited, Hubbali

ITA 25/PAN/2018

• Counselvise Citation: [2022] 105 COUNSELVISE.COM (IT) 4910 (ITAT-PANAJI)
• Duration Of Justice: 4 year(s) 2 month(s) 20 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 07-04-2022
• Appeal Filed By: Department
• Order Result: Dismissed
• Bench Allotted: WT(D)
• Assessment Year: 2014-2015
• Appeal Filed On: 18-01-2018
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Assessee Lawyers: RIJULA UNIYAL

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL PANAJI BENCH, PANAJI BEFORE DR. M. L. MEENA, ACCOUNTANT MEMBER AND SH. ANIKESH BANERJEE, JUDICIAL MEMBER I.T.A. No. 19/PAN/2018 Assessment Year: 2014-15 Hubli Scan Centre Limited 6-13 LGF, Eureka Junction Travelers Bungalow Road Hubballi [PAN: AAACH 9520M] Vs. DCIT, Central Circle, Belagavi (Appellant) (Respondent) I.T.A. No. 25/PAN/2018 Assessment Year: 2014-15 DCIT, Central Circle, C.R. Building (Annexe), Navanagar, P.B. Road, Hubballi 580 025 Belagavi Vs. Hubli Scan Centre Limited No. 6-13 LGF, Eureka Junction Travelers Bungalow Road Hubballi [PAN: AAACH 9520M] (Appellant) (Respondent) Appellant by : Shri Gangadhar J.M. Advocate Respondent by: Smt. Rijula Uniyal, Sr. DR Date of Hearing: 07.04.2022 Date of Pronouncement: 08.04.2022 ITA Nos. 19 &25/PAN/2018 2 ORDER Per Dr. M. L. Meena, AM: The appeal has been filed by the assessee and the cross appeal filed by the Revenue against the impugned order dated 13.10.2017 passed by Ld. Commissioner of Income Tax (Appeals)-2, Panaji, in respect of the Assessment Year 2014-15. 2. At the outset, the ld. AR of the assessee has requested for withdrawal of the appeal vide application dated 07.04.2022 stating therein that the assessee has settled the dispute relating to the tax arrears for the assessment year under consideration under the “Vivad Se Vishwas Scheme, 2020”. A certificate to this effect under Section 5(1) of the Direct Tax Vivad Se Vishwas Act, 2020 has also been filed. 3. The Ld. DR has no objection. 4. In view of the above, we accept the request of the assessee for withdrawal of its appeal. 5. In the result, the appeal filed by the assessee and the cross appeal filed by the Revenue are dismissed as withdrawn. ITA Nos. 19 &25/PAN/2018 3 Order pronounced in the open court on 08.04.2022 Sd/- Sd/- (Anikesh Banerjee) (Dr. M. L. Meena) Judicial Member Accountant Member Date: 08.04.2022 Copy of the order forwarded to: (1) The Appellant: (2) The Respondent: (3) The CIT(Appeals) (4) The CIT concerned (5) The Sr. DR, I.T.A.T True Copy By Order