M/s Bhudeva Lifesciences Ltd., Ludhiana V. JCIT, Ludhiana

ITA 459/CHANDI/2017

• Counselvise Citation: [2020] 110 COUNSELVISE.COM (IT) 7768 (ITAT-CHANDIGARH)
• Duration Of Justice: 3 year(s) 5 month(s) 18 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 26-08-2020
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: Not Allotted
• Assessment Year: 2011-2012
• Appeal Filed On: 09-03-2017
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: CHANDRAKANTA CIT DR
• Assessee Lawyers: ADITYA KUMAR
• Section: 13

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 NOS. 457 TO 459/CHD/2017 ASSESSMENT YEARS : 2009-10, 2010-11 & 2011-12 M/S BHUDEVA LIFESCIENCES LTD, 86, INDL. AREA-A, LUDHIANA (EARLIER KNOWN AS M/S IOL LIFESCIENCES LTD., 85, INDL.AREA-A, LUDHIANA THE JCIT, RA NGE 7 LUDHIANA PAN NO: AABC18154R APPELLANT RESPONDENT ITA NO. 8/CHD/2018 ASSESSMENT YEAR : 2012-13 M/S BHUDEVA LIFESCIENCES LTD, 86, INDL. AREA-A, LUDHIANA (EARLIER KNOWN AS M/S IOL LIFESCIENCES LTD., 85, INDL.AREA-A, LUDHIANA THE JCIT, RANGE 7 LUDHIANA PAN NO: AABC18154R APPELLANT RESPONDENT !' ASSESSEE BY : SHRI ASHWANI KUMAR, CA & SHRI ADITYA KUMAR, CA #!' REVENUE BY : SMT. CHANDRAKANTA, CIT DR $ %! & DATE OF HEARING : 26.08.2020 '()*! & DATE OF PRONOUNCEMENT : 26.08.2020 &(/ ORDER PER N.K. SAINI, VICE PRESIDENT THESE ARE THE APPEALS BY ASSESSEES AGAINST THE SEPA RATE ORDERS DT. 20.1.2017, 15.3.2017, 15.3.2017 AND 30.11.2017 FOR THE ASSESSMENT YEARS 2009- 10, 2010-11, 2011-12 AND 2012-13 RESPECTIVELY OF L D. CIT(A)-3, LUDHIANA 2. THE LD. COUNSEL FOR THE ASSESSEE FURNISHED THE S EPARATE APPLICATIONS IN ALL THESE APPEALS CONTAINING SIMILAR CONTENTS , HOW EVER, FOR THE SAKE OF 2 BREVITY, CONTENTS OF ONE OF THE APPLICATION IN LEAD ING CASE ITA NO. 457/CHANDI/2017 IS REPRODUCED AS UNDER : DATE: 12.08.2020 TO, THE ASSISTANT REGISTRAR INCOME TAX APPELLATE TRIBUNAL CHANDIGARH BENCH CHANDIGARH SUB: REQUEST FOR PERMISSION TO WITHDRAW APPEAL IN T HE CASE OF M/S BHUDEVA LIFESCIENCES LIMITED., 86, INDUSTRIAL AREA- A, LUDHIANA .... A/Y 2009-10...PAN: AABCI8154R...ITA NO. 457/CHANDI/2017 RESPECTFULLY IT IS SUBMITTED THAT ITA NO. 457/CHAND I/2017 IN THE CASE OF M/S BHUDEVA LIFESCIENCES LIMITED, IS PENDING FOR AD JUDICATION BEFORE THE HON'BLE BENCH. THE PETITIONER SEEKS PERMISSION TO WITHDRAW THE ABOVE CAPTIONED APPEAL AS THE APPELLANT COMPANY HAS MOVED BEFORE LD. PRINCIPAL COMMISSIONER OF INCOME TAX-3, LUDHIANA UNDER 'VIVAD SE VISHWAS SCHEME'. ALSO, FORM 3 HAS BEEN IS SUED BY LD. PCIT-3, LUDHIANA ON 11.08.2020, COPY OF THE SAME IS ENCLOSE D. THANKING YOU YOURS FAITHFULLY SIR (ASHWANI KUMAR) C.A. COUNSEL FOR THE APPELLANT END.: COPY OF FORM NO. 3 ISSUED BY LD. PR. CIT-3, L UDHIANA 3. LD. COUNSEL FOR THE ASSESSEE ALSO FURNISHED THE COPIES OF THE CERTIFICATES IN FORM NO. 3 ISSUED BY PR. CIT, LUDHIANA-3 UNDER S ECTION 5(1) OF THE DIRECT TAX VIVAD SE VISHWAS ACT, 2020. 4. LD. CIT DR DID NOT OBJECT IF THE APPEALS OF THE ASSESSEES ARE DISMISSED AS WITHDRAWN. 5. AFTER CONSIDERING THE CONTENTS OF THE APPLICATIO NS FURNISHED BY THE LD. COUNSEL FOR THE ASSESSEE AND THE SUBMISSIONS OF THE LD. CIT DR, IT IS NOTICED THAT THE ASSESSEE AVAILED THE BENEFIT OF THE IMMUNI TY SCHEME UNDER VIVAD SE VISHWAS SCHEME AND FURNISHED THE AFORESAID CERTIFIC ATE IN FORM NO. 3 AS PER FOLLOWING DETAILS: 3 SR. NO. CASE NO. CERTIFICATE NO. DATED ASSESSMENT YEAR 1. ITA NO. 457/CHD/2017 456229520110820 11.8.2020 2009-10 2. ITA NO. 458/CHD/2017 488330890240820 24.8.2020 2010 - 11 3. ITA NO. 459/CHD/2017 488352770240820 24.8.2020 2011 - 12 4. ITA NO. 8/CHD/2018 488342460240820 24.8.2020 2012 - 13 6. IN VIEW OF THE ABOVE THE APPEALS OF THE ASSESSEE ARE DISMISSED AS WITHDRAWN. 7. IN THE RESULT, APPEALS OF THE ASSESSEE ARE DISMI SSED. (ORDER PRONOUNCED IN THE OPEN COURT ON 26.08.2020) SD/- SD/- '# $ .., (SANJAY GARG ) ( N.K. SAI NI) % &'/ JUDICIAL MEMBER / VICE PRESIDENT RKK DATE: : 26.08.2020 (+! ,-.- 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