Thyseenkrupp Electrical Steel India Pvt.Ltd, Nashik V. Assistant Commissioner of Income-tax, Circle -1, , Nashik

ITA 250/PUN/2019

• Counselvise Citation: [2021] 109 COUNSELVISE.COM (IT) 3978 (ITAT-PUNE)
• Duration Of Justice: 2 year(s) 25 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 09-03-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: C
• Next Hearing Date: 09-03-2021
• Assessment Year: 2013-2014
• Appeal Filed On: 14-02-2019
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: A M MAHADEVAN KRISHNAN
• Assessee Lawyers: F V IRANI
• Section: 250

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL C BENCH, PUNE (THROUGH VIRTUAL COURT) BEFORE SHRI INTURI RAMA RAO , ACCOUNTANT MEMBER AND SHRI PARTHA SARATHI CHAUDHURY, J UDICIAL M EMBER . / I TA NO. 250 /PUN/20 19 / ASSESSMENT YEAR : 2013 - 14 THYSSENKRUPP ELECTRICAL STEEL INDIA PVT. LTD. GONDE VILLAGE, WADIVARHE, TALUKA - IGATPURI, NASHIK - 422 403. PAN : AAACE7791B ....... / APPELLANT / V/S. THE ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE - 1, NASHIK. / RESPONDENT A SSESSEE BY : SHRI F.V IRANI REVENUE BY : SHRI A.M. MAHADEVAN KRISHNAN / DATE OF HEARING : 0 9 . 0 3 .202 1 / DATE OF PRONOUNCEMENT : 09 . 03 .2021 / ORDER THIS APPEAL PREFERRED BY THE ASSESSEE EMANATES FROM THE ORDER OF THE LD. CIT(APPEALS) - 1, NASHIK DATED 10.12.2018 FOR THE ASSESSMENT YEAR 2013 - 14 AS PER THE GROUNDS OF APPEAL ON RECORD. 2 ITA NO. 250 /PUN/20 19 A.Y. 2013 - 14 2. THE LD. AR FOR THE ASSESSEE SUBMITTED THAT THE ASSESSEE WANTS TO WITHDRAW THE APPEAL AS THE ASSESSEE HAS OPTED FOR VIVAD SE VISHWAS SCHEME AND HAS FILED AN APPLICATION ON 08.0 2 .2021 AL ONG WITH FORM - 3 STATING AS FOLLOWS: REFERENCE LINE THYSSENKRUPP ELECTRICAL STEEL INDIA PVT. LTD. VS. ACIT, CIRCLE - 1, NASHIK APPEAL NO.250/PUN/2019 - A.Y.2013 - 14 SIR, THE SUBJECT APPEAL FOR AY 2013 - 14 IS PENDING BEFORE THE HONBLE BENCH C IN THIS REGARD, WE WOULD LIKE TO INFORM THE HONBLE BENCH THAT THE ASSESSEE HAS OPTED FOR VIVAD SE VISHWAS SCHEME AND IN RESPECT OF WHICH FORM 3 HAS BEEN ISSUED BY THE INCOME TAX DEPARTMENT UNDER SECTION 5(1) OF THE DIRECT TAX VIVAD SE VISHWAS ACT, 2020 ( COPY ENCLOSED) . WE, THEREFORE, SEEK THE HONBLE BENCHS PERMISSION TO WITHDRAW THE APPEAL IN VIEW OF THE ABOVE. 3. 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 APPEAL OF ASSESSEE IS DISMISSED BEING WITHDRAWN. 4. IN THE RESULT , THE APPEAL OF ASSESSEE IS DISMISSED AS WITHDRAWN. ORDER PRO NOUNCED ON 09 TH DAY OF MARCH , 20 2 1 . SD/ - SD/ - INTURI RAMA RAO PARTHA SARATHI CHAUDHURY ACCOUNTANT MEMBER JUDICIAL MEMBER / PUNE; / DATED : 09 TH MARCH , 202 1 SB 3 ITA NO. 250 /PUN/20 19 A.Y. 2013 - 14 / COPY OF THE ORDER FORWARDED TO : 1. / THE APPELLANT. 2. / THE RESPONDENT. 3. THE CIT(APPEALS) - 13, PUNE. 4. THE PR. CIT - 5, PUNE. 5 . , , , / DR, ITAT, C BENCH, PUNE. 6 . / GUARD FILE. / BY ORDER, // TRUE COPY // / PRIVATE SECRETARY , / ITAT, PUNE . 4 ITA NO. 250 /PUN/20 19 A.Y. 2013 - 14 DATE 1 DRAFT DICTATED ON 09 . 03 .202 1 SR.PS/PS 2 DRAFT PLACED BEFORE AUTHOR 09 . 03 .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