M/s NM Merchantiles Limited, Ludhiana V. JCIT, Ludhiana

ITA 449/CHANDI/2017

• Counselvise Citation: [2020] 110 COUNSELVISE.COM (IT) 8228 (ITAT-CHANDIGARH)
• Duration Of Justice: 3 year(s) 4 month(s) 15 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 23-07-2020
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: Not Allotted
• Assessment Year: 2008-2009
• Appeal Filed On: 09-03-2017
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: DAYA INDER SINGH SIDHU CIT

Judgement Text

, , IN THE INCOME TAX APPELLATE TRIBUNAL, CHANDIGARH BE NCH B, CHANDIGARH (VIRTUAL COURT) .., ! '# #$ %, & '( BEFORE: SHRI. N.K.SAINI, VP & SHRI , SANJAY GARG, J M ITA NO. 449/CHD/2017 ASSESSMENT YEAR : 2008-09 NM MERCHANTILES LIMITED 85, INDUSTRIAL AREA A LUDHIANA THE JCIT RANGE-7 LUDHIANA PAN NO: AMVPS7107H APPELLANT RESPONDENT !' ASSESSEE BY : SHRI ASHWANI KUMAR, CA SHRI ADITYA KUMAR, CA #!' REVENUE BY : SHRI DAYA INDER SINGH SIDHU, ADDL . CIT $ %! & DATE OF HEARING : 23/07/2020 '()*! & DATE OF PRONOUNCEMENT : 23/07/2020 ')/ ORDER PER N.K. SAINI, VICE PRESIDENT THIS IS AN APPEAL FILED BY THE ASSESSEE AGAINST THE ORDER OF THE LD. CIT(A)-3, LUDHIANA DT. 15/03/2017. 2. THE LD. COUNSEL FOR THE ASSESSEE FURNISHED AN AP PLICATION FOR WITHDRAWAL OF THIS APPEAL STATING THEREIN AS UNDER: SUBJECT: REQUEST FOR PERMISSION TO WITHDRAW APPEAL IN THE CASE OF M/S NM MERCHANTILES LIMITED., 85, INDUSTRIAL AREA-A, LUDHI ANA....A.Y. 2008-09...PAN: AACCN6753A ITA NO. 449/CHANDI/2017 SIR RESPECTFULLY IT IS SUBMITTED THAT ITA NO. 449/CHAND I/2017 IN THE CASE OF M/S NN MERCHANTILES LIMITED, IS PENDING FOR ADJUDICATION B EFORE THE HON'BLE BENCH. THE PETITIONER SEEKS PERMISSION TO WITHDRAW THE ABOVE C APTIONED APPEAL AS THE APPELLANT COMPANY HAS MOVED BEFORE LD. PRINCIPAL CO MMISSIONER OF INCOME TAX-3, LUDHIANA UNDER 'VIVAD SE VISHWAS SCHEME'. AL SO, FORM 3 HAS BEEN ISSUED BY LD. PCIT-3, LUDHIANA ON 15.07.2020, COPY OF THE SAME IS ENCLOSED. THANKING YOU 2 YOURS FAITHFULLY SD/- (ASHWANI KUMAR) C.A. COUNSEL FOR THE APPELLANT 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 BEARING CERTIFICATE NO. 399057180150720 , IN RESPONSE TO THE APPLICATION FILED BY THE ASSESSE E, UNDER SECTION 5(1) OF THE DIRECT TAX VIVAD SE VISHW AS ACT, 2020, THEREFORE THE APPEAL OF THE ASSESSEE MAY BE ALLOWED TO BE WITHDRA WN. 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 23/07/2020 ) SD/- SD/- #$ % .., (SANJAY GARG ) ( N.K. SAI NI) & '(/ JUDICIAL MEMBER ! / VICE PRESIDENT AG DATE: 23/07/2020 (+! ,-.- 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