KERA FIBERTEX INTERNATIONAL(P) Ltd, Cochin V. The ACIT, Cochin

ITA 265/COCH/2014

• Counselvise Citation: [2021] 108 COUNSELVISE.COM (IT) 6575 (ITAT-COCHIN)
• Duration Of Justice: 6 year(s) 9 month(s) 30 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 05-04-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: DB
• Next Hearing Date: 10-03-2021
• Assessment Year: 2008-2009
• Appeal Filed On: 06-06-2014
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Assessee Lawyers: DONA

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL COCHIN BENCH, COCHIN BEFORE SHRI CHANDRA POOJARI, AM & SHRI GEORGE MATHAN, JM ITA NO.263/COCH/2014: ASST.YEAR 2006-07 KERA FIBERTEX INTERNATIONAL (P) LTD., PLOT NO.53-57, KINFRA(EPIP), KUSUMAGIRI, KAKKANAD, KOCHI-682 030. [PAN : AABCK 4613P] VS. THE ASSISTANT COMMISSIONER OF INCOME-TAX, CIRCLE-1(3), KOCHI. ( ASSESSEE - APPELLANT) ( REVENUE - RESPONDENT) ITA NO.264/COCH/2014: ASST.YEAR 2007-08 KERA FIBERTEX INTERNATIONAL (P) LTD., PLOT NO.53-57, KINFRA(EPIP), KUSUMAGIRI, KAKKANAD, KOCHI-682 030. [PAN : AABCK 4613P] VS. THE ASSISTANT COMMISSIONER OF INCOME-TAX, CIRCLE-1(2), KOCHI. (ASSESSEE - APPELLANT) (REVENUE - RESPONDENT) ITA NO.265/COCH/2014: ASST.YEAR 2008-09 KERA FIBERTEX INTERNATIONAL (P) LTD., PLOT NO.53-57, KINFRA(EPIP), KUSUMAGIRI, KAKKANAD, KOCHI-682 030. [PAN : AABCK 4613P] VS. THE INCOME TAX OFFICER. WARD - 1(1), KOCHI. (ASSESSEE - APPELLANT) (REVENUE - RESPONDENT) ASSESSEE BY : MS. DONA, ADV. REVENUE BY : SMT. JAMUNA DEVI, SR. DR DATE OF HEARING : 05-04-2021 DATE OF PRONOUNCEMENT : 05-04-2021 O R D E R PER GEORGE MATHAN, JM: THESE APPEALS FILED BY ASSESSEE ARE DIRECTED AGAINST THE ORDERS OF THE CIT(A)-II, KOCHI IN ITA 27/R-1/E/CIT(A)-II/2009-10 DATED 14.01.2014 FOR THE ASSESSMENT YEAR 2006-07, ITA 116/R-1/E/CIT(A)-II/2010-11 DATED 23.01.2014 FOR THE ASSESSMENT YEAR 2007-08 AND ITA 167/R-1/E/CIT(A)- II/2011-12 DATED 23.01.2014 FOR THE ASSESSMENT YEAR 2008-09. ITA NOS.263 TO 265/COCH/2014 2 2. MS. DONA ADV. APPEARED ON BEHALF OF THE ASSESSEE AND SMT. JAMUNA DEVI, SENIOR DEPARTMENT REPRESENTATIVE APPEARED ON BEHALF OF REVENUE. 3. AT THE TIME OF HEARING THE LEARNED A.R. FOR THE ASSESSEE SUBMITTED THAT THE ASSESSEE HAS FILED AN APPLICATION UNDER VIVAD-SE-VISWAS SCHEME OF 2020. THE SAME HAS ALSO BEEN ACCEPTED BY THE REVENUE AND INTIMATION IN THIS REGARD HAS BEEN ISSUED. A COPY OF THE SAME IS TAKEN NOTE OF AND KEPT ON RECORD. 4. AS THE ASSESSEES APPLICATION UNDER VIVAD-SE-VISWAS SCHEME 2020 HAS BEEN ACCEPTED BY REVENUE, APPEALS FILED BY THE ASSESSEE NO MORE SURVIVE AND CONSEQUENTLY THE APPEALS STAND DISMISSED AS WITHDRAWN. 5. DICTATED AND PRONOUNCED IN THE OPEN COURT ON 5 TH APRIL, 2021. SD/- SD/- (CHANDRA POOJARI) (GEORGE MATHAN) ACCOUNTANT MEMBER JUDICIAL MEMBER COCHIN, DATED: 5 TH APRIL, 2021 GJ COPY TO: 1. THE APPELLANT 2. THE RESPONDENT 3. THE CIT(A)-II, KOCHI 4. THE PR.CIT, KOCHI 5. THE DR, ITAT, COCHIN 6. GUARD FILE BY ORDER ASSISTANT REGISTRAR ITAT, COCHIN