UMESH CHAND JAIN, CHENNAI V. ITO NON CORPORATE WARD-6(3), CHENNAI

ITA 504/CHNY/2020

• Counselvise Citation: [2021] 104 COUNSELVISE.COM (IT) 8946 (ITAT-CHENNAI)
• Duration Of Justice: 1 year(s) 8 month(s) 7 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 09-11-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: A
• Assessment Year: 2015-2016
• Appeal Filed On: 02-03-2020
• Result in Favour of: Revenue
• Court: TRIBUNAL

Judgement Text

आयकर अपील य अ धकरण, ‘ए’ यायपीठ, चे नई IN THE INCOME TAX APPELLATE TRIBUNAL , ‘A’ BENCH, CHENNAI ी महावीर संह, उपा य एवं ी जी. मंज ु नाथ, लेखा सद%य के सम BEFORE SHRI MAHAVIR SINGH, VICE-PRESIDENT AND SHRI G.MANJUNATHA, ACCOUNTANT MEMBER S. No ITA No. Asstt Year Assessee / Department Respondent Appellant by Respondent by 1 504/Chny/2020 2 0 1 5 - 1 6 Mr.Umesh Chand Jain 43,Venkatachalam Street , Park Town Chennai-600003. PAN:AGKPJ 3814D Income Tax Officer , Non- Corporate Ward-6(3), Chennai. None Mr. Ar.V.Sreenivasan, Addl. CIT 2 506/Chny/2020 2 0 1 2 - 1 3 Mr.Surya Prakash Sharma 309/5, Manmohan Plaza, Mint Street, Mint, Chennai-600 003. PAN: ABAPS 0290B Income Tax Officer , Non- Corporate Ward-6(2), Chennai. None Mr. Ar.V.Sreenivasan, Addl. CIT 3 511/Chny/2020 2 0 1 1 - 1 2 Mr. Rajesh Kumar Bantia 13, Chandrappa Mudali Street,Sowcarpet, Chennai-600003. PAN: AFHPR 9977D Income Tax Officer , Non- Corporate Ward-6(1), Chennai. None Mr. Ar.V.Sreenivasan, Addl. CIT स ु नवाईक तार ख/D a t e o f h e a r i n g : 10.11.2021 घोषणाक तार ख /D a t e o f P r o n o u n c e m e n t : 10.11.2021 आदेश / O R D E R Per G.MANJUNATHA, AM: This bunch of three appeals filed by different assessees are directed against orders of learned Commissioner of Income Tax (Appeals)-5, Chennai of even dated 17.12.2019 / 16.09.2019 / 07.11.2019 for respective assessment years. 2 ITA No. 504, 506 & 511 /Chny/2020 2. At the time of hearing, none appeared on behalf of the assessee. We have heard learned DR and also perused the materials available on record. The assessee has filed a letter along with Form No.5 issued by the Department under ‘Vivad se Vishwas Scheme, 2020’ and submitted that the assessee has availed the VSVS scheme to settle its pending disputes. The assessee further submitted that the Department has accepted applications filed by the assessee and issued Form 5 quantifying amount of taxes payable under VSVS scheme. Therefore, the assessee submitted that both these appeals filed by the assessee may be dismissed as withdrawn. The ld. DR, on the other hand, has no objection for dismissing the appeals as the Designated Authority has issued Form 5. Therefore, considering the fact that the assessee has filed application for withdrawal of appeals and has also filed Form 5 issued by the Department, we dismiss these three appeals filed by the assessee as withdrawn. However, a liberty is given to the assessee to restore the appeals, in case the application filed by the assessee before the Designated Authority, is rejected for any reason. 3 ITA No. 504, 506 & 511 /Chny/2020 3. In the result, these three appeals filed by assessees are dismissed as withdrawn. Order pronounced in the open court on 10 th November, 2021 Sd/- Sd/- (महावीर संह) ( जी. मंज ु नाथ ) (Mahavir Singh) (G. Manjunatha ) उपा य / Vice-President लेखा सद य / Accountant Member चे नई/Chennai, दनांक/Dated 10 th November, 2021 DS आदेश क त ल!प अ$े!षत/Copy to: 1. Appellant 2. Respondent 3. आयकर आय ु %त (अपील)/CIT(A) 4. आयकर आय ु %त/CIT 5. !वभागीय त न+ध/DR 6. गाड. फाईल/GF.