LR2 Management K/S [As foreign Commr. Manager/agent of principal freight beneficiary, Torm A/S], Jamnagar V. The Deputy Comissioner of Income Tax, Inter. Taxa., Rajkot

ITA 301/RJT/2017

• Counselvise Citation: [2021] 108 COUNSELVISE.COM (IT) 8948 (ITAT-RAJKOT)
• Duration Of Justice: 3 year(s) 6 month(s) 2 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 24-03-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: DB
• Next Hearing Date: 23-03-2021
• Assessment Year: 2013-2014
• Appeal Filed On: 21-09-2017
• Result in Favour of: Revenue
• Court: TRIBUNAL

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL RAJKOT BENCH, RAJKOT (CONDUCTED THROUGH VIRTUAL COURT) BEFORE: SHRI AMARJIT SINGH, ACCOUNTANT MEMBER AND MS. MADHUMITA ROY, JUDICIAL MEMBER S. NO. ITA/IT(SS)A NO. A.Y. APPELLANT (PAN NO.) RESPONDENT A.R. D.R. 1. 35/RJT/2020 2012-13 M/S. PSK MINERAL DEVELOPMENT PVT. LTD. (AADCP2875L) DCIT GANDHIDHAM CIR., GANDHIDHAM CHETAN AGARWAL NAMITA KHURANA 2. 36/RJT/2020 2013-14 M/S. PSK MINERAL DEVELOPMENT PVT. LTD. (AADCP2875L) DCIT GANDHIDHAM CIR., GANDHIDHAM -DO- -DO- 3. 37/RJT/2020 2014-15 M/S. PSK MINERAL DEVELOPMENT PVT. LTD. (AADCP2875L) ITO WARD-2, GANDHIDHAM -DO- -DO- 4. 301/RJT/2017 2013-14 LR2 MANAGEMENT K/S (AADFL6763E) DCIT (INTERNATIONAL TAXATION), RAJKOT WITHDRAWA L OM PRAKASH SINGH 5. 223/RJT/2019 2012-13 MURLIDHAR TRACTORS (AAIFM2604C) ACIT CIRCLE-3, JAMNAGAR CHETAN AGARWAL NAMITA KHURANA 6. 502/RJT/2013 2009-10 ACIT CENTRAL CIR.1, RAJKOT M/S. RAMOJI GRANITE LTD. (AACCR6257R) OM PRAKASH SINGH VIMAL DESAI 7. 72/RJT/2017 2009-10 DCIT CENTRAL CIR.1, RAJKOT M/S. RAMOJI GRANITE LTD. (AACCR6257R) -DO- -DO- 8. C.O. 10/RJT/2017 2009-10 DCIT CENTRAL CIR-1, RAJKOT M/S. RAMOJI GRANITE LTD. -DO- -DO- 9. 73/RJT/2017 2010-11 DCIT CENTRAL CIR.1 RAJKOT M/S. RAMOJI GRANITE LTD. -DO- -DO- 10. C.O. 11/RJT/2017 2010-11 DCIT CENTRAL CIR.1 RAJKOT M/S. RAMOJI GRANITE LTD. -DO- -DO- 11. 77/RJT/2019 2014-15 MUDRA FINANCE SERVICE (AARFM0762G) ITO WARD-3(1)(2), RAJKOT M. J. RANPURA NAMITA KHURANA 12. 70/RJT/2017 2008-09 DCIT CENTRAL CIR-1, RAJKOT M/S. RAMCO CERAMICS LTD. (AABCR4142E) OM PRAKASH SINGH VIMAL DESAI 13. 304/RJT/2013 2009-10 ACIT CIRCLE-5, RAJKOT M/S. RAMCO CERAMICS LTD. (AABCR4142E) -DO- -DO- 14. 71/RJT/2017 2009-10 DCIT CENTRAL CIR.1 RAJKOT M/S. RAMCO CERAMICS LTD. (AABCR4142E) -DO- -DO- 15. 224/RJT/2016 2011-12 SHRI RAHUMMOHAN R. BAKSHI ACIT CIRCLE-1, CHETAN AGARWAL OM PRAKASH I.T.A/IT(SS)A NOS. 35/RJT/2020 & 21 OTHERS PAGE NO. 2 JAMNAGAR SINGH 16. 578/RJT/2015 2012-13 DCIT CIRCLE-1(1), RAJKOT M/S. HI CON TECHNOCAST PVT. LTD. (AABCH3792C) OM PRAKASH SINGH M. J. RANPURA 17. 414/RJT/2018 2015-16 SMT. JASVANTIBEN JAYSUKHLAL SUTARIA (ABNPS6247H) DCIT CIRCLE-2, JAMNAGAR WITHDRAWA L NAMITA KHURANA 18. 109/RJT/2016 2011-12 DCIT GANDHIDHAM CIRCLE, GANDHIDHAM-KUTCH SHRI SHIVJI KARSANDAS CHABBADIYA (AGBPC2428B) CHETAN AGARWAL -DO- 19. 143/RJT/2016 2012-13 M/S. SHRI SHIVJI KARSAN CHHABADIYA (AGBPC2428B) DCIT CIRCLE- GANDHIDHAM -DO- -DO- 20. 279/RJT/2019 2011-12 KIRIT PRABHUBHAI KOTECHA (ATRPK7899R) ITO WARD-2(1), JAMNAGAR -DO- -DO- 21. 275/RJT/2013 2003-04 TERAPANTH FOODS LTD. ACIT GANDHIDHAM- KUTCH MANISH VORA -DO- 22. 274/RJT/2013 2002-03 TERAPANTH FOODS LTD. ACIT GANDHIDHAM- KUTCH -DO- -DO- DATE OF HEARING : 23-03-2021 DATE OF PRONOUNCEMENT : 24-03-2021 /ORDER PER BENCH:- THESE TWENTY TWO APPEALS FILED BY DIFFERENT ASSESSE ES, ARISE FROM ORDER OF THE CIT(A), IN PROCEEDINGS UNDER INCOME TAX ACT, 19 61; IN SHORT THE ACT. 2. THE ASSESSEES FILED WRITTEN SUBMISSIONS TO WITHD RAW THE APPEALS ON THE GROUND THAT THEY HAVE OPTED TO AVAIL BENEFITS OF VI VAD SE VISHWAS SCHEME, 2020 AND IN THEIR SUBMISSIONS THE ASSESSEEES HAVE ALSO E NCLOSED THE COPIES FORM NO. -3 ISSUED BY THE PR. CIT OF INCOME TAX FOR APPROVING T HE APPLICATIONS FILED BY THE ASSESSEES UNDER THE VIVAD SE VISHWAS SCHEME, 2020. WHEN THE MATTER WAS CALLED FOR HEARING, THE LD. COUNSELS FOR THE ASSESSEES AT THE OUTSET HAVE SUBMITTED THAT THEY DO NOT WANT TO PURSUE THE SAID APPEALS SINCE THEIR APPLICATIONS UNDER VIVAD SE VISHWAS SCHEME, 2020 HAVE BEEN APPROVED BY THE INCO ME TAX DEPARTMENT AND REQUESTED THAT THEIR APPLICATIONS FOR WITHDRAWAL OF APPEALS MAY PLEASE BE GRANTED. I.T.A/IT(SS)A NOS. 35/RJT/2020 & 21 OTHERS PAGE NO. 3 3. THE LD. DEPARTMENTAL REPRESENTATIVE FOR THE REVE NUE STATED THAT HE HAS NO OBJECTION TO WITHDRAW THE APPEALS IN THE CIRCUMSTAN CES NARRATED ON BEHALF OF THE ASSESSEES. 4. WE HAVE CONSIDERED THE SUBMISSIONS AND APPLICATI ONS OF THE ASSESSEES FOR WITHDRAWAL OF THE APPEALS AS THEIR APPLICATIONS HAV E BEEN APPROVED UNDER VIVAD SE VISHWAS SCHEME, 2020. A REFERENCE HAS BEEN MADE I N SUB-SECTION (2) & (3) OF SECTION 4 OF DIRECT TAX VIVAD SE VISHWAS SCHEME, 20 20 FOR THE PURPOSE OF WITHDRAWAL OF APPEAL. IN THE LIGHT OF THE PROVISIO N MADE IN THE SCHEME AND AFTER CONSIDERING THE MATERIAL ON RECORD, THE AFORESAID R EQUESTS FOR WITHDRAWAL OF APPEALS OF THE ASSESSEES TO AVAIL THE VSV SCHEME, 2 020 IN ACCORDANCE WITH LAW IS ALLOWED. HOWEVER, IN CASE, ANY ISSUE IS REMAINED U N-RESOLVED UNDER THE SAID SCHEME, THEN, THE ASSESSEES WILL BE AT LIBERTY TO F ILE THE MISCELLANEOUS APPLICATIONS TO RECALL THIS ORDER TO RESTORE THE ORIGINAL APPEAL S WITHIN THE TIME LIMIT PROVIDED IN THE ACT. 5. IN THE RESULT, ALL THE TWENTY TWO APPEALS OF THE DIFFERENT ASSESSEES ARE DISMISSED AS WITHDRAWN. ORDER PRONOUNCED IN THE OPEN COURT ON 2 4-03-2021 SD/- SD/- (AMARJIT SINGH) (MADHUMITA ROY) ACCOUNTANT MEMBER JUDICIAL MEMBER AHMEDABAD: DATED 24/03/2021 TRUE COPY / COPY OF ORDER FORWARDED TO:- 1. ASSESSEE 2. REVENUE 3. CONCERNED CIT 4. CIT(A) 5 . DR, ITAT, AHMEDABAD 6. GUARD FILE. BY ORDER / , / ( DY./ASSTT.REGISTRAR) , / ITAT, RAJKOT