Janata Sahakari Bank Ltd, Satara V. Assistant Commissioner of Income tax, Satara

ITA 516/PUN/2017

• Counselvise Citation: [2020] 110 COUNSELVISE.COM (IT) 1418 (ITAT-PUNE)
• Duration Of Justice: 3 year(s) 7 month(s) 15 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 16-10-2020
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: B
• Assessment Year: 2011-2012
• Appeal Filed On: 02-03-2017
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Section: 201

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL PUNE BENCH B , PUNE VIRTUAL COURT BEFORE SH RI R.S. SYAL, VICE PRESIDENT AND SH RI PARTHA SARATHI CHAUDHURY , J UDICIAL MEMBER I TA NO. 516 /PUN/201 7 / ASSESSMENT YEAR : 20 1 1 - 1 2 JANATA SAHAKARI BANK LTD. , 179, BHAWANI PETH, SATARA 415002 PAN: AA AJJ0029N VS. A CIT, SATARA CIRCLE, SATARA APPELLANT RESPONDENT / ORDER PER R.S.SYAL, VP : TH IS APPEAL BY THE ASSESSEE IS DIRECTED AGAINST THE ORDER DATED 2 5 - 0 9 - 201 6 PAS SED BY THE COMMISSIONER OF INCOME - TAX (APPEALS) - 4 , PUNE IN RELATION TO THE ASSESSMENT YEAR 20 1 1 - 1 2 . 2. BEFORE US, THE ASSESSEE HAS FILED A LE TTER ( E - MAIL) DATED 28 - 09 - 2020 SEEKING PERMISSION TO WITHDRAW APPEAL AS IT HAD APPLIED FOR VIVAD SE VISHWAS SCHEME UNDER THE DIRECT TAX ES VIVAD SE VISHWAS ACT, 2020. THE RELEVANT CONTENTS OF SUCH LETTER , READ AS UNDER : WITH REFERENCE TO ABOVE SUBJECT , WE HEREBY APPLY FOR WITHDRAWAL OF APPEAL NO. ITA 516/PUN/2017 OF JANATA SAHAKARI BANK LIMITED, SATARA FOR AY 2011 - 12. THE SAID APPLICATION OF WITHDRAWAL OF APPEAL IS DONE AS WE HA D APPLIED FOR VIVAD SE VISHWAS SCHEME 2020. THE A SSESSEE BY NONE (WITHDRAWAL APPLICATION ) RE VENUE BY SHRI SANJAY DESHMUKH DATE OF HEARING 1 5 - 10 - 2020 DATE OF PRONOUNCEMENT 16 - 10 - 2020 ITA NO . 516 /PUN/ 20 1 7 JANATA SAHAKARI BANK LTD. 2 CONCERNED PRINCIPAL COMMI SSIONER OF INCOME TAX, PUNE, HAS ACCEPTED OUR APPLICATION AND ISSUED FORM 3 TO THAT EFFECT. THE SAME IS ATTACHED HEREWITH. ONE OF THE CONDITIONS FOR THE SAME IS WITHDRAWAL OF APPEAL FROM THE CONCERNED INCOME TAX APPELLATE TRIBUNAL. HENCE, THIS APPLICATI ON FOR THE WITHDRAWAL OF APPEAL FOR AY 2011 - 12. PLEASE ACKNOWLEDGE THIS APPLICATION AND ISSUE US LETTER TO THE EFFECT THAT THE APPEAL STANDS WITHDRAWN FOR AY 2011 - 12 SO THAT FURTHER FORMALITIES WITH PRINCIPAL CITS OFFICE OF VIVAD SE VISHWAS SCHEME CAN BE COMPLETED. 3. ON PERUSAL OF THE ABOVE LETTER AND HAVING NO OBJECTION FROM THE SIDE OF LD. DR, WE ALLOW THE REQUEST OF THE ASSESSEE TO WITHDRAW THE APPEAL . 4. IN THE RESULT, THE APPEAL IS DISMISSED AS WITHDRAWN. ORDER PRONOUNCED IN THE OPEN COURT ON 16 TH OCTO BER , 2020 . SD/ - SD/ - ( PARTHA SARATHI CHAUDHURY ) ( R.S.SYAL ) JUDICIAL MEMBER VICE PRESIDENT PUNE ; DATED : 16 TH OCTOBER , 2020 GCVSR / COPY OF THE ORDER IS FORWARDED TO : 1. / THE APPELLANT; 2. / THE RESPONDENT; 3. THE CIT(A) - 4 , PUNE 4 . 5. TH E P R. CIT - 3 , PUNE , , / DR B , ITAT, PUNE 6 . / GUARD FILE / BY ORDER, / / TRUE COPY // SENIOR PRIVATE SECRETARY , / ITAT, PUNE ITA NO . 516 /PUN/ 20 1 7 JANATA SAHAKARI BANK LTD. 3 DATE 1. DRAFT DICTATED ON 1 5 - 10 - 2020 SR.PS 2. DRAFT PLACED BEFORE AUTHOR 1 5 - 10 - 2020 SR.PS 3. DRAFT PROPOSED & PLACED BEFORE THE SECOND MEMBER JM 4. DRAFT DISCUSSED/APPROVED BY SECOND MEMBER. JM 5. APPROVED DRAFT COM ES TO THE SR.PS/PS SR.PS 6. KEPT FOR PRONOUNCEMENT ON SR.PS 7. DATE OF UPLOADING ORDER SR.PS 8. FILE SENT TO THE BENCH CLERK SR.PS 9. DATE ON WHICH FILE GOES TO THE HEAD CLERK 10. DATE ON WHICH FILE GOES TO THE A.R. 11. DATE OF DISPATCH OF OR DER. *