JINDAL POWER LIMITEED, RAIGARH V. ASSISTANT COMMISSIONER OF INCOME TAX , CIRCLE 1(1), BILASPUR

ITA 3/RPR/2020

• Counselvise Citation: [2021] 107 COUNSELVISE.COM (IT) 2549 (ITAT-RAIPUR)
• Duration Of Justice: 1 year(s) 9 month(s) 19 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 29-10-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: DB
• Assessment Year: 2015-2016
• Appeal Filed On: 10-01-2020
• Result in Favour of: Revenue
• Court: TRIBUNAL

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL RAIPUR BENCH, RAIPUR VIRTUAL COURT BEFORE SHRI R.S. SYAL, VICE PRESIDENT AND SHRI PARTHA SARATHI CHAUDHURY, JUDICIAL MEMBER ITA NO. 03/RPR/2020 / ASSESSMENT YEAR : 2015-16 JINDAL POWER LIMITED, TAMNAR TANMAR TANMAR RAIGARH 496 107 PAN : AABCJ4683J VS. ACIT, CIRCLE-1(1), BILASPUR APPELLANT RESPONDENT / ORDER THIS APPEAL BY THE ASSESSEE RELATES TO THE ASSESSMENT YEAR 2015-16. 2. BEFORE US, THE ASSESSEE HAS FILED A LETTER DATED 28.08 .2021 SEEKING WITHDRAWAL OF THE APPEAL. THE RELEVANT CONTENTS OF SU CH LETTER READS AS UNDER : WITH REFERENCE TO THE CAPTIONED SUBJECT MATTER, WE WOULD LIKE TO BRING TO YOUR KIND NOTICE THAT THE ASSESSEES CASE WAS PICKED UP FOR SCRUTINY BY THE ASSESSING OFFICER U/S.143(3) OF THE INCOME TAX ACT, 1961 (THE ACT) AND THE CASE WAS DECIDED AGAINST ASS ESSEE VIA ASSESSMENT ORDER U/S.143(3) DATED 18 TH NOVEMBER, 2019. THEREAFTER, THE ASSESSEE FILED AN APPEAL BEFORE YOUR GOODSELF I N FORM 36 ACKNOWLEDGEMENT/STATUS OF THE APPEAL IS ATTACHED HE REWITH AS ANNEXURE 1. AS ON DATE, THE CASE IS STILL PENDING BEFORE YOUR GOODOFFICE. IN THIS REGARD, ON 31 ST MARCH, 2021, THE ASSESSEE HAS MADE APPLICATION IN FORM 1, U/S.4 OF THE DIRECT TAX VIVAD SE VISHWAS ACT 2020 (DTVSV ACT) (ATTACHED HEREWITH AS ANNEXURE 2). IN RESPONSE TO THE ASSESSEE BY SHRI BIKRAM JAIN REVENUE BY SHRI G.N SINGH DATE OF HEARING 29-10-2021 DATE OF PRONOUNCEMENT 29-10-2021 ITA NO.03/RPR/2020 JINDAL POWER LIMITED 2 APPLICATION, THE ASSESSEE HAS RECEIVED FORM 3 UNDER DTVSV ACT FROM INCOME TAX DEPARTMENT ON 08 TH JUNE, 2021 (ATTACHED HEREWITH AS ANNEXURE 3). IN VIEW OF THE ABOVE AND PROPER AND FINAL SETTLEMEN T OF THE PENDING CASE, THE ASSESSEE WISHES TO WITHDRAW THE SAID APPE AL. THE ASSESSEE HUMBLY REQUEST YOUR GOODOFFICE TO ACCEPT THE APPLIC ATION AND DISMISS THE APPEAL. 3. THE LD. DR DID NOT RAISE ANY OBJECTION TO THE WITHDRAWAL OF THE APPEAL FILED BY THE ASSESSEE. AS SUCH, THE ASSESSEE IS PERMITTED TO WITHDRAW THE APPEAL. 4. IN THE RESULT, THE APPEAL IS DISMISSED AS WITHDRAWN. ORDER PRONOUNCED IN THE OPEN COURT ON 29 TH OCTOBER, 2020. SD/- SD/- (PARTHA SARATHI CHAUDHURY) (R.S.SYAL) JUDICIAL MEMBER VIC E PRESIDENT PUNE; DATED : 29 TH OCTOBER, 2020 SATISH / COPY OF THE ORDER IS FORWARDED TO : 1. / THE APPELLANT; 2. / THE RESPONDENT; 3. ( ) / THE CIT (APPEALS) CONCERNED 4. THE PR.CIT CONCERNED 5. DR, ITAT, RAIPUR; 6. / GUARD FILE. // TRUE COPY // / BY ORDER, // TRUE COPY // SENIOR PRIVATE SECRETARY , / ITAT, PUNE ITA NO.03/RPR/2020 JINDAL POWER LIMITED 3 DATE 1. DRAFT DICTATED ON 29-10-2021 SR.PS 2. DRAFT PLACED BEFORE AUTHOR 29-10-2021 SR.PS 3. DRAFT PROPOSED & PLACED BEFORE THE SECOND MEMBER JM 4. DRAFT DISCUSSED/APPROVED BY SECOND MEMBER. JM 5. APPROVED DRAFT COMES TO THE SR.PS/PS SR.PS 6. KEPT FOR PRONOUNCEMENT ON SR.PS 7. DATE OF UPLOADING ORDER SR.PS 8. FILE SENT TO THE BENCH CLERK SR.PS 9. DATE ON WHICH FILE GOES TO THE HEAD CLERK 10. DATE ON WHICH FILE GOES TO THE A.R. 11. DATE OF DISPATCH OF ORDER.