Aksh Diamonds Pvt. Ltd., Surat V. The Income Tax Officer, Ward-1(1)(1), Surat

ITA 3540/AHD/2016

• Counselvise Citation: [2021] 109 COUNSELVISE.COM (IT) 4764 (ITAT-SURAT)
• Duration Of Justice: 4 year(s) 1 month(s) 11 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 09-02-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: DB
• Assessment Year: 2008-2009
• Appeal Filed On: 29-12-2016
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: MRS ANUPAMA SINGLA
• Assessee Lawyers: RASESH SHAH

Judgement Text

, , IN THE INCOME TAX APPELLATE TRIBUNAL SURAT BENCH, SURAT BEFORE SHRI PAWAN SINGH, HON'BLE JUDICIAL MEMBER AND DR.SHRI ARJUN LAL SAINI, HON'BLE ACCOUNTANT MEMBER (VIRTUAL HEARING) . . ./ I.T.A NO.3540/AHD/2016 [ [ / ASSESSMENT YEAR: 2008-09 AKSH DIAMONDS PVT. LTD., H.NO.1419-20, 507, 5 TH FLOOR, THOBA SHERI, MAHIDHARPURA, SURAT. [PAN: AAGCA 0063 Q] VS . THE INCOME TAX OFFICER, WARD-1(1)(1), SURAT. / APPELLANT /RESPONDENT [ /ASSESSEE BY SHRI RASESH SHAH CA /REVENUE BY MRS. ANUPAMA SINGLA - SR.DR / DATE OF HEARING: 09 . 02 .202 1 /PRONOUNCEMENT ON: 09.02 .202 1 /O R D E R PER PAWAN SINGH, JUDICIAL MEMEBER: 1. THIS APPEAL BY ASSESSEE IS DIRECTED AGAINST THE ORDER OF LD.COMMISSIONER OF INCOME TAX(APPEALS)-1, SURAT DATED 16.09.2016 FOR ASSESSMENT YEAR (AY) 2008-09. 2. THE APPEAL CAME UP HEARING ON 9 TH FEBRUARY 2021. THE LD. AR FOR THE ASSESSEE SUBMITS THAT THE ASSESSE HAS SETTLED THE DISPUTE WITH THE UNDER VIVAD SE VISVAS SCHEME -2020 AND HAD ALREADY RECEIVED FORM-3, ISSUED FROM THE OFFICE OF PRINCIPAL COMMISSIONER OF INCOME TAX, SURAT-1, DATED 11.01.2021 COPY OF WHICH IS FILED. THE LD. AR FOR THE ASSESSEE SUBMITS THAT THE AKSH DIAMONDS PVT. LTD., VS. ITO, WARD-1(1)(1), SURAT./ ITA NO.3540/AHD/2016 FOR A.Y. 2008-09 2 ASSESSEE SHALL PAY THE FULL AND FINAL DEMAND AS PER UNDERTAKING GIVEN BY ASSESSEE. THE LD. AR OF ASSESSEE PRAYED FOR WITHDRAWAL OF THE APPEAL. 3. THE LD.DEPARTMENTAL REPRESENTATIVE SR.DR APPEARING FOR THE REVENUE HAS NO OBJECTION IF THE APPEAL OF ASSESSEE IS DISMISSED AS WITHDRAWN. CONSIDERING THE SUBMISSIONS OF THE LD. AR OF THE ASSESSEE, THE ASSESSEE IS ALLOWED TO WITHDRAW HIS APPEAL. RESULTANTLY, THE APPEAL OF THE ASSESSEE IS DISMISSED AS WITHDRAWN. ORDER ANNOUNCED AT THE TIME OF HEARING OF APPEAL ON 9 TH FEBRUARY 2021 IN THE VIRTUAL COURT HEARING. SD/- SD/- (DR.ARJUN LAL SAINI) (PAWAN SINGH) ( /ACCOUNTANT MEMBER) ( /JUDICIAL MEMBER) / SURAT, DATED : 9 TH FEB 2021 / #SGR COPY OF ORDER SENT TO- ASSESSEE/AO/PR. CIT/ CIT (A)/ ITAT (DR)/GUARD FILE OF ITAT. BY ORDER / / TRUE COPY / / ASSISTANT REGISTRAR, SURAT