M/s Bassi Steels Ltd., Mohali V. Addl.CIT, Range-6, Dera Bassi

ITA 43/CHANDI/2020

• Counselvise Citation: [2020] 110 COUNSELVISE.COM (IT) 8439 (ITAT-CHANDIGARH)
• Duration Of Justice: 5 month(s) 25 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 08-07-2020
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: A
• Assessment Year: 2008-2009
• Appeal Filed On: 13-01-2020
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: ARVIND SUDARSHAN JCIT DR

Judgement Text

, , IN THE INCOME TAX APPELLATE TRIBUNAL, CHANDIGARH BE NCH A, CHANDIGARH (VIRTUAL COURT) .., !' '# $, % &' BEFORE: SHRI. N.K.SAINI, VP & SHRI , SANJAY GARG, J M ITA NO. 43/CHD/2020 ASSESSMENT YEAR : 2008-09 M/S BASSI STEELS LTD. V & P.O. GHOLU MAJRA DERA BASSI, PUNJAB THE ADD. CIT RANGE-6, MOHALI PAN NO: AABCD2610D APPELLANT RESPONDENT !' ASSESSEE BY : SHRI ASHWANI KUMAR, C.A SHRI ADITYA KUMAR, C.A #!' REVENUE BY : SHRI ARVIND SUDARSHAN (JCIT DR) $ %! & DATE OF HEARING : 08/07/2020 '()*! & DATE OF PRONOUNCEMENT : 08/07/2020 &(/ ORDER PER N.K. SAINI, VICE PRESIDENT THIS IS AN APPEAL FILED BY THE ASSESSEE AGAINST THE ORDER OF THE LD. CIT(A)-1, CHANDIGARH DT. 01/10/2019. 2. DURING THE COURSE OF HEARING THE ASSESSEE FURNIS HED AN APPLICATION FOR WITHDRAWAL OF THIS APPEAL STATING THEREIN AS UNDER: REGARDING WITHDRAWAL OF APPEAL IN THE CASE OF THE B ASSI STEEL FAN AABCB2610D A.Y. 2008-09 1 1 A NO. ITA/43/CHD/2020 IN REGARD TO ABOVE APPEAL, IT IS SUBMITTED THAT IN RESPONSE TO OUR APPLICATION UNDER THE THE DIRECT TAX VIVAD SE VISHW AS ACT. 2020, THE PRINCIPAL CIT(LJ, CHANDIGARH HAVE ISSUED A CERTIFIC ATE UNDER SUB SECTION 1 (1) OF SECTION 5 OF THE SAID ACT IN FORM NO. 3 NUMBERING_ 378938500030720 DT. 03/07/2020. THEREFORE WE WANT T O WITHDRAW OUR ABOVE SAID APPEAL AND WHICH MAY PLEASE BE ALLOWED. IT IS THEREFORE REQUESTED THAT, THIS MAY BE TREATED AS WITHDRAWAL OF OUR APPEAL. THANKING YOU, 2 YOURS FAITHFULLY SD/- ( BASSI STEEL LIMITED ) (DIRECTOR) 3. DURING THE COURSE OF HEARING THE LD. COUNSEL FOR THE ASSESSEE SUBMITTED THAT SINCE THE ASSESSEE HAS AVAILED THE IMMUNITY SC HEME I.E; VIVAD SE VISHWAS AND T HE INCOME TAX DEPARTMENT HAS SINCE ISSUED FORM 3 BEARI NG CERTIFICATE NO. 378938500030720, IN RESPONSE TO THE APPLICATION FILED BY THE ASSESSEE, UNDER SECTION 5(1) OF THE DIRECT TAX VIVA D SE VISHWAS ACT, 2020, THEREFORE THE APPEAL OF THE ASSESSEE MAY BE ALLOWED TO BE WITHDRAWN. 4. THE LD. SR. DR DID NOT OBJECT IF APPEAL OF THE A SSESSEE IS DISMISSED AS WITHDRAWN. 5. IN VIEW OF THE ABOVE THE APPEAL OF THE ASSESSEE IS DISMISSED AS WITHDRAWN. 6. IN THE RESULT, APPEAL OF THE ASSESSEE IS DISMISS ED. (ORDER PRONOUNCED IN THE OPEN COURT ON 08/07/2020) SD/- SD/- '# $ .., (SANJAY GARG ) ( N.K. SAI NI) % &'/ JUDICIAL MEMBER / VICE PRESIDENT AG DATE: 08/07/2020 (+! ,-.- COPY OF THE ORDER FORWARDED TO : 1. THE APPELLANT 2. THE RESPONDENT 3. $ / CIT 4. $ / 01 THE CIT(A) 5. -2 45&456789 DR, ITAT, CHANDIGARH 6. 8:% GUARD FILE