Jain Manoharchand Pranav, CHENNAI V. ITO Non Corporate Ward 2(5), CHENNAI

ITA 2795/CHNY/2018

• Counselvise Citation: [2021] 104 COUNSELVISE.COM (IT) 8859 (ITAT-CHENNAI)
• Duration Of Justice: 3 year(s) 1 month(s) 15 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 10-11-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: D
• Assessment Year: 2014-2015
• Appeal Filed On: 26-09-2018
• Result in Favour of: Revenue
• Court: TRIBUNAL

Judgement Text

आयकर अपीलीय अिधकरण, ‘डी/एस एम सी’ यायपीठ, चे ई। IN THE INCOME TAX APPELLATE TRIBUNAL ‘D/SMC’ BENCH: CHENNAI ी वी दुगा राव, याियक सद य के सम BEFORE SHRI V. DURGA RAO, JUDICIAL MEMBER Sl. No. आयकर अपील सं./ ITA Number िनधा रण वष / Assessment Year अपीलाथ / Appellant थ / Respondent 1. 2795/Chny/2018 2014-15 Shri Jain Manoharchand Pranav, 2/12, Gopalakrishnan Iyer Street, T. Nagar, Chennai – 600 017. [PAN: BNUPP 6441C] The Income Tax Officer, Non Corporate Ward- 2(5), Chennai. 2. 2796/Chny/2018 2014-15 Mrs. Manoharchand Prerna Jain, 2/12, Gopalakrishnan Iyer Street, T. Nagar, Chennai – 600 017. [PAN: BNUPP 6440D] The Income Tax Officer, Non Corporate Ward- 2(5), Chennai. अपीलाथ क ओर से/ Appellant by : Mr. D. Anand, Advocate थ की ओर से /Respondent by : Mr. P. Sajit Kumar, JCIT सुनवाई की तारीख/Date of Hearing : 11.11.2021 घोषणा की तारीख /Date of Pronouncement : 11.11.2021 आदेश / O R D E R Per V. Durga Rao, Judicial Member : These two appeals filed by the assessee are directed against the orders of learned Commissioner of Income Tax (Appeals)-2, Chennai dated 09.08.2018 for Assessment Years 2013-14. I.T.A Nos.2795 & 2796/Chny/2018 :- 2 -: 2. When these appeals were taken up for hearing, the learned Counsel for the assessee vide his letter dated 10.11.2021 has submitted that the assessee has opted to avail the Vivad-se-Vishwas Scheme 2020 and Form No.3 was also issued. He has also submitted that he may be permitted to withdraw the appeals. 3. On the other hand, the learned Departmental Representative has not raised any objection to the submissions of the learned Counsel for the assessee. 4. Both sides have been heard, perused the materials available on record and gone through the orders of the authorities below. 5. In these cases, the assessee has opted for the Vivad-se-Vishwas Scheme 2020 and the Designated Authority has issued Form No.3 for the settlement of pending tax dispute. Accordingly, they prayed that they may be permitted to withdraw the appeals. 6. In view of the submissions of the assessee, the appeals filed by the assessee are permitted to be withdrawn. However, it is open to the assessee to approach the Tribunal by filing an appropriate application in the event of any injustice caused to the assessee in respect of the settlement of dispute relating to the Vivad-se-Vishwas Scheme 2020. I.T.A Nos.2795 & 2796/Chny/2018 :- 3 -: 7. In the result, both the appeals filed by the assessee are dismissed as withdrawn. Order pronounced in open Court on 11 th November, 2021 in Chennai. Sd/- ( वी द ु गा राव) (V. DURGA RAO) याियक याियक याियक याियक सद य सद यसद य सद य/JUDICIAL MEMBER चे ई/Chennai, दनांक/Dated: 11 th November, 2021. EDN/- आदेश क ितिलिप अ ेिषत/Copy to: 1. अपीलाथ /Appellant 2. थ /Respondent 3. आयकर आयु (अपील)/CIT(A) 4. आयकर आयु /CIT 5. िवभागीय ितिनिध/DR 6. गाड# फाईल/GF