TRF LTD , JAMSHEDPUR V. ACIT CIR-3 , JAMSHEDPUR

ITA 314/RAN/2017

• Counselvise Citation: [2021] 104 COUNSELVISE.COM (IT) 8103 (ITAT-RANCHI)
• Duration Of Justice: 3 year(s) 11 month(s) 12 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 17-11-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: DB
• Assessment Year: 2012-2013
• Appeal Filed On: 05-12-2017
• Result in Favour of: Revenue
• Court: TRIBUNAL

Judgement Text

ITA Nos. 313 & 314/RAN/2017 A.Ys. 2011-2012 & 2012-2013 TRF Limited 1 IN THE INCOME TAX APPELLATE TRIBUNAL, KOLKATA-RANCHI ‘E-COURT’, KOLKATA [Virtual Court Hearing] Before Shri P.M. Jagtap, Vice-President (KZ) & Shri Partha Sarathi Chaudhury, Judicial Member I.T.A. Nos. 313 & 314/RAN/2017 Assessment Years: 2011-2012 & 2012-2013 M/s. TRF Limited,..........................................................................Appellant 11, Station Road, Burmamines, Jamshedpur-831007 [PAN:AAACT6352M] -Vs.- Assistant Commissioner of Income Tax,.....................................Respondent Circle-3, Jamshedpur, 2, Bagmati Road, Jamshedpur Appearances by: Ms. Pooja Saraf, A.T., appeared on behalf of the assessee Shri Narsingh Halka. JCIT,, appeared on behalf of the Revenue Date of concluding the hearing : November 18, 2021 Date of pronouncing the order : November 18, 2021 O R D E R Per Shri Partha Sarathi Chaudhury, Judicial Member:- These appeals filed by the assessee are directed against the order of ld. Commissioner of Income Tax (Appeals), Jamshedpur dated 15.09.2017. 2. In these cases, ld. Authorized Signatory for the assessee-company has moved an application dated 08.04.2021 seeking withdrawal of these appeals on the ground that they have decided to settle the dispute involved in the said appeals under the Direct Tax Vivad Se Vishwas Act, 2020. The assessee has duly filed the declarations in Form No. 1 and Form No. 2 and the Designated Authority has issued the certificate in Form No. 3 as per Section 5(1) of the Scheme accepting the assessee’s declaration under the said Scheme. ITA Nos. 313 & 314/RAN/2017 A.Ys. 2011-2012 & 2012-2013 TRF Limited 2 3. Keeping in view these facts and circumstances of the case including especially the fact that the assessee has duly complied with the necessary requirements under Vivad Se Vishwas Scheme, 2020, the permission as sought by the Advocate of the assessee-company is granted and these appeals of the assessee are dismissed as withdrawn. 4. In the result, both the appeals filed by the assessee are dismissed as withdrawn. Order pronounced in the open Court on November 18, 2021. Sd/- Sd/- (P.M. Jagtap) (Partha Sarathi Chaudhury) Vice-President (KZ) Judicial Member Kolkata, the 18 th day of November, 2021 Copies to : (1) M/s. TRF Limited, 11, Station Road, Burmamines, Jamshedpur-831007 (2) Assistant Commissioner of Income Tax, Circle-3, Jamshedpur, 2, Bagmati Road, Jamshedpur (3) Commissioner of Income Tax (Appeals), Jamshedpur (4) Commissioner of Income Tax , (5) The Departmental Representative (6) Guard File By order Senior Private Secretary/DDO, Income Tax Appellate Tribunal, Kolkata Benches, Kolkata Laha/Sr. P.S.