Nath Holding and Investment Pvt.Ltd, Aurangabad V. Assistant Commissioner of Income-tax, Circle - 1, Aurangabad

ITA 428/PUN/2018

• Counselvise Citation: [2021] 109 COUNSELVISE.COM (IT) 3966 (ITAT-PUNE)
• Duration Of Justice: 3 year(s) 2 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 08-03-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: B
• Assessment Year: 1998-1999
• Appeal Filed On: 06-03-2018
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: S P WALIMBE

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL B BENCH, PUN E (THROUGH VIRTUAL COURT) BEFORE SHRI R.S. SYAL, VICE PRESIDENT AND SHRI S.S. VISHWANETHRA RAVI, JM . / ITA NO.428/PUN/2018 / ASSESSMENT YEAR : 1998-99. NATH HOLDING & INVESTMENT PVT. LTD., ....... / APPELLANT NATH HOUSE, PAITHAN ROAD, AURANGABAD, MAHARASHTRA. PAN : AAACN1196K. / V/S. THE ASST. COMMISSIONER OF INCOME TAX, CIRCLE 1, AURANGABAD. / RESPONDENT ASSESSEE BY : SHRI KIRAN SANMANE. (WITHDRAWAL APPLICATION FILED) REVENUE BY : SHRI S.P. WALIMBE. / DATE OF HEARING : 08.03.2021. / DATE OF PRONOUNCEMENT : 08.03.2021 / ORDER THIS APPEAL FILED BY THE ASSESSEE IS DIRECTED AGAINST THE ORDER PASSED BY THE COMMISSIONER OF INCOME TAX (APPEALS) 1, AURANGABAD ON 29.12.2017 IN RELATION TO THE ASSESSMENT YEAR 1998-99. 2. BEFORE US, THE ASSESSEE FILED A LETTER DATED 26.02.2021 SEEKING PERMISSION TO WITHDRAW THE APPEAL ON THE GROUND THAT TH E ISSUE INVOLVED IN THIS APPEAL STANDS SETTLED UNDER THE VIVAD SE VISHWAS SCHEME, 2020. THE APPELLANT ALSO FILED COPY OF FORM NO.3 ISSUED BY THE PRINCIP AL COMMISSIONER OF INCOME TAX, NASHIK 1. 2 3. ON THE OTHER HAND, THE LD. DEPARTMENT REPRESENTATIV E HAD EXPRESSED NO OBJECTION TO PERMIT THE WITHDRAWAL OF APPEAL. 4. IN THE CIRCUMSTANCES, WE HEREBY GRANT PERMISSION TO THE APPELLANT TO WITHDRAW THE APPEAL. ACCORDINGLY, THE APPEAL STANDS DISMISSED AS WIT HDRAWN. 5. IN THE RESULT, THE APPEAL FILED BY THE ASSESSEE IS DISMIS SED AS WITHDRAWN. ORDER PRONOUNCED IN THE OPEN COURT ON 8 TH MARCH, 2021. SD/- SD/ - (S.S. VISHWANETHRA RAVI) (R.S. SYAL) JUDICIAL MEMBER VICE PRESIDENT / PUNE; / DATED : 8 TH MARCH, 2021. YAMINI / COPY OF THE ORDER FORWARDED TO : 1. / THE APPELLANT. 2. / THE RESPONDENT. 3. THE CIT(A)-1, AURANGABAD. 4. THE PR.CIT-1, AURANGABAD. 5. , , , / DR, ITAT, B BENCH, PUNE. 6. ! / GUARD FILE. / BY ORDER, // TRUE COPY // SENIOR PRIVATE SECRETARY , / ITAT, PUNE.