Luwa India Private Limited , Bangalore Rural District V. The Assistant Commissioner of Income Tax Circle-4(1)(1), Bangalore

ITA 273/BANG/2017

• Counselvise Citation: [2021] 107 COUNSELVISE.COM (IT) 2665 (ITAT-BANGALORE)
• Duration Of Justice: 4 year(s) 8 month(s) 21 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 28-10-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: A
• Next Hearing Date: 18-10-2021
• Assessment Year: 2012-2013
• Appeal Filed On: 07-02-2017
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: SUMER SINGH MEENA CIT OSDDR
• Assessee Lawyers: MANJU PRASAD

Judgement Text

I N THE INCOME TAX APPELLATE TRIBUNAL A BENCH : BANGALORE BEFORE SHRI. CHANDRA POOJARI , ACCOUNTANT MEMBER AND SMT. BEENA PILLAI, JUDICIAL MEMBER IT ( TP ) A NO. 273 /BANG/20 1 7 ASSESSMENT YEAR : 20 1 2 - 1 3 M/S. LUWA INDIA PVT. LTD., NO. 3P, 4P & 5P, GANGADHARANAPALYA VILLAGE, KASABA HOBLI, OFF TUMKUR ROAD, NELAMANGALA, BANGALORE RURAL DISTRICT 562123. PAN: AAACL3106B VS. THE ASSISTANT COMMISSIONER OF INCOME - TAX, CIRCLE 4(1)(1), BANGALORE. APPELLANT RESPONDENT A SSESSEE BY : SHRI MANJU PRASAD. CA RE VENUE BY : SHRI SUMER SINGH MEENA, CIT - OSD(DR) DATE OF HEARING : 18 - 10 - 202 1 DATE OF PRONOUNCEMENT : 28 - 10 - 202 1 ORDER PER BEENA PILLAI, JUDICIAL MEMBER PRESENT APPEAL BY THE ASSESSEE HA S BEEN FILED BY ASSESSEE AGAINST THE FINAL ASSESSMENT ORDER DATED 20/12/2016 PASSED BY LD.AO FOR ASSESSMENT YEAR 20 1 2 - 1 3 . 2. THE ASSESSEE HAS FILED A LETTER STATING THAT THE ASSESSEE HAS OPTED TO SETTLE THE DISPUTE IN I TS APPEAL UNDER DIRECT TAXES VIVAD SE VISHWAS ACT, 2020. IT IS FURTHER STATED THAT THE ASSESSEE HAS FILED FORM NO.1 , 2 & 3 FOR THE APPEAL FILED BY THE ASSESSEE . PAGE 2 OF 2 IT ( TP ) A NO. 273 /BANG/20 17 ACCORDINGLY IT IS SUBMITTED THAT APPEAL OF THE ASSESSEE MAY BE DISMISSED AS WITHDRAWN. 3. WE HEARD LD D.R, WHO DID NOT OBJECT TO THE PRAYER OF THE ASSESSEE. SINCE THE ISSUES CONTESTED IN THE APPEAL OF THE ASSESSEE HAVE BEEN SETTLED UNDER THE DIRECT TAXES VIVAD SE VISHWAS ACT, 202 0, WE DISMISS THE APPEAL OF THE ASSESSEE AS WITHDRAWN. HOWEVER, WE GIVE LIBERTY TO THE ASSESSEE TO SEEK RECALL OF THIS ORDER IN ACCORDANCE WITH LAW, IF THE CIRCUMSTANCES SO WARRANT. 4. IN THE RESULT, THE APPEAL OF THE ASSESSEE IS DISMISSED AS WITHDRAWN . ORDER PRONOUNCED IN THE OPEN COURT ON 2 8 T H OCTOBER , 2021 . S D / - S D / - ( CHANDRA POOJARI ) (BEENA PILLAI) ACCOUNTANT MEMBER JUDICIAL M EMBER BANGALORE, DATED, THE 2 8 T H OCTOBER , 2021 . / MS / COPY TO: 1. APPELLANT 2. RESPONDENT 3. CIT 4. CIT(A) 5. DR, ITAT, BANGALORE 6. GUARD FILE BY ORDER ASSISTANT REGISTRAR, I TAT , BANGALORE