Kishanlal Jewellers & Sons Pvt. Ltd., , Kolkata V. DCIT, Circle - 9(1), Kolkata , Kolkata

ITA 51/KOL/2018

• Counselvise Citation: [2020] 110 COUNSELVISE.COM (IT) 1530 (ITAT-KOLKATA)
• Duration Of Justice: 2 year(s) 11 month(s) 1 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 11-12-2020
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: C
• Assessment Year: 2012-2013
• Appeal Filed On: 09-01-2018
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: RANU BISWAS
• Section: 143(3)

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL KOLKATA BENCH VIRITUAL C-COURT KOLKATA BEFORE SHRI P.M. JAGTAP, VICE-PRESIDENT AND SHRI S.S.GODARA, JUDICIAL MEMBER ITA NO.51/KOL/2018 ASSESSMENT YEAR:2012-13 KISHANAL JEWELLERS & SONS PVT. LTD., C/O SUBASH AGARWAL & ASSOCAITES SIDDHA GIBSON, 1, GIBSON LANE, 2 ND FLOOR, SUITE-213, KOLKATKA-700 069 [ PAN NO.AADCK 9943 L ] / V/S . DCIT, CIRCLE-9(1) AAYAKAR BHAWAN, P- ,CHOWRINGHEE SQUARE, KOLKATA-700 069 /APPELLANT .. /RESPONDENT /BY APPELLANT SHRI SUBASH AGARWAL, ADVOCATE /BY RESPONDENT SMT. RANU BISWAS, ADDL. CIT-DR /DATE OF HEARING 11-12-2020 /DATE OF PRONOUNCEMENT 11-12-2020 /O R D E R PER S.S.GODARA, JUDICIAL MEMBER:- THIS ASSESSEES APPEAL FOR ASSESSMENT YEAR 2012-13 ARISES AGAINST THE COMMISSIONER OF INCOME TAX (APPEALS)-3, KOLKATAS O RDER DATED 12.12.2017, PASSED IN CASE NO.110/CIT(A)-3/CIRCLE-9(1)/15-16/KO L U/S 143(3) OF THE INCOME TAX ACT, 1961; IN SHORT THE ACT. 2. LEARNED COUNSEL SUBMITTED AT THE OUTSET THAT THE ASSESSEE IS AVAILING SETTLEMENT UNDER THE VIVAD SE VISHWAS SCHEME . HE HAS ALSO FILED AN ITA NO.51/KOL/2018 A.Y.2012-13 KISHANLAL JEWELLERS &SONS PVT. LTD. VS. DCIT, CIR -9(1), KOL. PAGE 2 APPLICATION FROM-3 ANNEXURE C DATED 13.10.2020 TO THIS EFFECT. LEARNED DEPARTMENTAL REPRESENTATIVE DOES NOT RAISE ANY OBJE CTION. 3. AFTER HEARING FOREGOING RIVAL SUBMISSIONS, WE DI SMISS THE INSTANT APPEAL AS WITHDRAWN WITH A RIDER THAT THE SAME SHALL BE RE STORED IN CASE THE ASSESSEE FAILS TO AVAIL ITS SETTLEMENT UNDER THE VIVAD SE VISHWAS SCHEME FOR TECHNICAL REASONS . 4. THIS ASSESSEE APPEAL IS DISMISSED AS WITHDRAWN I N ABOVE TERMS. ORDER PRONOUNCED IN OPEN COURT AT THE CLOSE OF HEAR ING ON FRIDAY 11 TH DECEMBER, 2020 SD/- SD/ - (P.M.JAGTAP) (S.S.GODARA) ( !) (#$ ') VICE PRESIDENT JUDICIAL MEMBER *DKP-SR.PS ( - 11/12/2020 / KOLKATA / COPY OF ORDER FORWARDED TO:- 1. /APPELLANT-M/S KISHANAL JEWELLERS & SONS PVT. LTD., C/O. SUBASH AGARWAL & ASSOCIATES, SIDDHA GIBSON,1, GIBSON LANE, 2 ND FOOR, SUITE- 213, KOLKATA-6 9 2. /RESPONDENT-DCIT, CIR;9(1), AAYAKAR BHAWAN,P-7, CHO WRINGHEE SQ. KOL-69 3. + . / CONCERNED CIT 4. . - / CIT (A) 5. / $$+ , + / DR, ITAT, KOLKATA 6. 3 / GUARD FILE. BY ORD ER/ , /TRUE COPY/ +,