M/s.Spardha Prints Pvt.Ltd., Surat V. ITO Ward 2(1)(3), Surat

ITA 308/SRT/2017

• Counselvise Citation: [2021] 108 COUNSELVISE.COM (IT) 5644 (ITAT-SURAT)
• Duration Of Justice: 3 year(s) 4 month(s) 29 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 03-05-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: SMC
• Assessment Year: 2010-2011
• Appeal Filed On: 04-12-2017
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: ANUPAMA SINGLA
• Assessee Lawyers: SAPNESH SHETH

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL, SURAT BENCH, SURAT BEFORE SHRI PAWAN SINGH, JUDICIAL MEMBER AND DR. ARJUN LAL SAINI, ACCOUNTANT MEMBER ITA NOS. 307 & 308/SRT/2017 (AYS: 2009-10 & 2010-11) ( VIRTUAL COURT HEARING) M/S. SPARDHA PRINTS PVT. LTD., 540, PARKING PROJECT, SURAT TEXTILE MARKET, RING ROAD, SURAT. PAN : AADCS3068A VS. THE ITO, WARD-2(1)(3), SURAT. APPELLANT RESPONDEDNT APPELLANT BY SHRI SAPNESH SHETH, CA RESPONDENT BY MS ANUPAMA SINGLA, SR. DR DATE OF HEARING 03/05/2021 DATE OF PRONOUNCEMENT 03/05/2021 O R D E R PER DR. A. L. SAINI, ACCOUNTANT MEMBER : AT THE OUTSET ITSELF, SHRI SAPNESH SHETH, LEARNED COUNSEL FOR THE ASSESSEE, SUBMITTED BEFORE THE BENCH THAT ASSESSEE HAS OPTED THE BENEFIT OF THE DIRECT TAX VIVAD SE VISHWAS ACT, 2020 . A COPY OF FORM NO. 3 UNDER THE DIRECT TAX VIVAD SE VISHWAS ACT, FILED BY THE ASSESSEE IN THE INCOME TAX DEPARTMENT ON 06.01.2021 WAS ALSO PLACED BEFORE THE BENCH. SHRI SAPNESH SHETH, ON BEHALF OF THE ASSESSEE, BY WAY OF A LETTER DATED 25.03.2021, SUBMITTED THAT ASSESSEE HAS PRAYED FOR WITHDRAWAL OF THESE APPEALS TO WHICH, THE LEARNED DEPARTMENTAL REPRESENTATIVE (IN SHORT THE LD. DR) DID NOT RAISE ANY OBJECTION. 2. WE HAVE HEARD BOTH THE PARTIES AND GONE THROUGH THE FORM NO.3 ALONG WITH ACKNOWLEDGEMENT NOS.115064910060121 FOR AY.2009-10 & 115137230060121 FOR AY.2010-11 FILED BY THE ASSESSEE TO OBTAIN THE BENEFIT OF VIVAD SE VISHWAS SCHEME AND NOTED THAT ASSESSEE HAS PRAYED FOR WITHDRAWAL OF THESE TWO APPEALS. THE LD. DR FOR THE REVENUE DID NOT HAVE ANY OBJECTION IF THESE TWO APPEALS ARE WITHDRAWN BY THE ASSESSEE. CONSEQUENTLY, WE TREAT THESE TWO APPEALS AS WITHDRAWN. THE ASSESSING OFFICER IS DIRECTED TO 2 ITA NOS.307 & 308/SRT/2017 AYS.2009-10 & 2010-11 M/S SPARDHA PRINTS PVT. LTD. PASS THE CONSEQUENTIAL ORDER AS PER CBDT CIRCULAR NO.03/2021 DATED 04.03.2021. 3. IN THE RESULT, THE APPEALS OF THE ASSESSEE (IN ITA NOS. 307 & 308/SRT/2017 FOR AYS.2009-10 & 2010-11) ARE DISMISSED AS WITHDRAWN. ORDER PRONOUNCED ON 03/05/2021 AT THE TIME OF VIRTUAL COURT HEARING. SD/- SD/- (PAWAN SINGH) (DR. A. L. SAINI) JUDICIAL MEMBER ACCOUNTANT MEMBER SURAT, DATED: 03/05/2021 SAMANTA COPY TO: 1. APPELLANT 2. RESPONDENT 3. CIT(A) 4. CIT 5. DR 6. GUARD FILE /TRUE COPY/ BY ORDER // TRUE COPY // ASSISTANT REGISTRAR/SR. PS/PS ITAT, SURAT