M/s Q Two Systems Pvt. Ltd., Mohali V. ITO, Mohali

ITA 529/CHANDI/2017

• Counselvise Citation: [2021] 109 COUNSELVISE.COM (IT) 8703 (ITAT-CHANDIGARH)
• Duration Of Justice: 3 year(s) 9 month(s) 15 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 08-01-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: Not Allotted
• Next Hearing Date: 07-01-2021
• Assessment Year: 2008-2009
• Appeal Filed On: 24-03-2017
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: ASHOK KHANNA CIT
• Assessee Lawyers: VINEET THAKRAL

Judgement Text

, , IN THE INCOME TAX APPELLATE TRIBUNAL, CHANDIGARH BENCH B CHANDIGARH !, ' # $ , $ % & ' ( ) , *+ # BEFORE: SMT. DIVA SINGH, JM & SMT.ANNAPURNA GUPTA, AM ./ ITA NO. 529/CHD/2017 / ASSESSMENT YEAR : 2008-09 M/S Q TWO SYSTEMS PVT. LTD., (FORMERLY QUARK SYSTEMS P.LTD.) A-45, PHASE-VIIIB, INDUSTRIAL AREA MOHALI. VS THE ITO, WARD 6(4), MOHALI. ./ PAN NO: AAACQ0526E / APPELLANT / RESPONDENT ./ ITA NO. 530/CHD/2017 / ASSESSMENT YEAR : 2009-10 M/S Q TWO SYSTEMS PVT. LTD., (FORMERLY QUARK SYSTEMS P.LTD.) A-45, PHASE-VIIIB, INDUSTRIAL AREA MOHALI. VS THE ITO, WARD 6(3), MOHALI. ./ PAN NO: AAACQ0526E / APPELLANT / RESPONDENT ! ' / ASSESSEE BY : SHRI VINEET THAKRAL, ADVOCATE # ! ' / REVENUE BY : SHRI ASHOK KHANNA, ADDL.CIT $ % ! &/ DATE OF HEARING : 07.01.2021 '()* ! &/ D ATE OF PRONOUNCEMENT : 08.01.2021 HEARING CONDUCTED VIA WEBEX *,/ ORDER PER DIVA SINGH BY THE PRESENT APPEALS, THE ASSESSEE ASSAILS THE C ORRECTNESS OF THE SEPARATE ORDER DATED 24.01.2017 OF THE CIT(A)-2, CH ANDIGARH PERTAINING TO 2008-09 AND 2009-10 ASSESSMENT YEAR RESPECTIVELY ON VARIOUS GROUNDS. 2. HOWEVER AT THE TIME OF HEARING, LD. AR RELYING U PON THE APPLICATION DATED 31.12.2020 PRAYS FOR A WITHDRAWAL OF THE APPEALS FI LED ON THE GROUNDS THAT THE ITA 529&530 /CHD/2017 A.Y. 2008-09&2009-10 PAGE 2 OF 2 ASSESSEE HAS MOVED APPLICATION UNDER THE DIRECT TA X VIVAD SE VISHWAS SCHEME,2020. THE DEPARTMENT, IT WAS SUBMITTED, HAS CONSEQUENTLY ISSUED FORMS NO. 3 THEREAFTER TO THE ASSESSEE, COPIES OF W HICH ARE FILED. 3. THE LD. SR.DR SHRI ASHOK KHANNA ON A PERUSAL OF RECORD HAD NO OBJECTION TO THE PRAYER OF THE ASSESSEE. 4. WE HAVE HEARD THE SUBMISSIONS AND PERUSED THE MA TERIAL ON RECORD. IN THE AFOREMENTIONED PECULIAR FACTS AND CIRCUMSTANCES CONSIDERING THE RECORD AND THE SUBMISSIONS, THE APPEALS OF THE ASSESSEE AR E DISMISSED AS WITHDRAWN. SAID ORDER WAS PRONOUNCED AT THE TIME OF VIRTUAL HE ARING ITSELF IN THE PRESENCE OF THE PARTIES VIA WEBEX. 5. IN THE RESULT, THE APPEALS OF THE ASSESSEE ARE D ISMISSED AS WITHDRAWN. ORDER PRONOUNCED ON 8 TH JANUARY,2021. SD/- SD/- ( % & ' ( ) ) ( ! ) (ANNAPURNA GUPTA) (DIVA SINGH) *+ #/ ACCOUNTANT MEMBER ' #/ JUDICIAL MEMBER + (, ! -. /. / COPY OF THE ORDER FORWARDED TO : 1. / THE APPELLANT 2. / THE RESPONDENT 3. $ 0 / CIT4. $ 0 )/ THE CIT(A)5. .23 4, & 4, 67839/ DR, ITAT, CHANDIGARH 6. 38 :%/ GUARD FILE (, $ / BY ORDER, ; #/ ASSISTANT REGISTRAR