The Progressive Multipurpose Co-op Society Ltd., Daman V. DCIT,CIRCLE-VAPI, VAPI

ITA 530/SRT/2019

• Counselvise Citation: [2021] 109 COUNSELVISE.COM (IT) 4051 (ITAT-SURAT)
• Duration Of Justice: 1 year(s) 2 month(s) 13 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 02-02-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: SMC
• Assessment Year: 2012-2013
• Appeal Filed On: 20-11-2019
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: ANUPAMA SINGLA
• Assessee Lawyers: K R KAPADIA
• Section: 13

Judgement Text

, , IN THE INCOME TAX APPELLATE TRIBUNAL SURAT BENCH, SURAT BEFORE SHRI PAWAN SINGH, HON'BLE JUDICIAL MEMBER AND DR. ARJUN LAL SAINI, HON'BLE ACCOUNTANT MEMBER (VIRTUAL HEARING) S. NO . ITA NO. APPELLANT RESPONDENT 1 694/SRT/2018 A.Y.2015-16 THE PROGRESSIVE MULTIPURPOSE CO-OP. SOCIETY LTD., AA/1, MAIN ROAD, ZAPABAR, DAMAN. [PAN: AAAJT 0357 R] VS. THE INCOME TAX OFFICER, DAMAN WARD, DAMAN. 2 529/SRT/2019 A.Y.2011-12 THE PROGRESSIVE MULTIPURPOSE CO-OP. SOCIETY LTD., AA/1, MAIN ROAD, ZAPABAR, DAMAN. [PAN: AAAJT 0357 R] THE DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE-VAPI, VAPI. 3 530/SRT/2019 A.Y.2012-13 [ /ASSESSEE BY SHRI K.R.KAPADIA C A /REVENUE BY SMT. ANUPAMA SINGLA SR. DR / DATE OF HEARING: 02 . 0 2 .20 2 1 /PRONOUNCEMENT ON: 02 . 0 2 .20 2 1 /O R D E R PER PAWAN SINGH, JUDICIAL MEMBER: 1. THESE THREE APPEALS BY ASSESSEE ARE DIRECTED AGAINST THE SEPARATE ORDERS OF LD.COMMISSIONER OF INCOME TAX(APPEALS)- VALSAD DATED 08.08.2018, 21.08.2019 FOR ASSESSMENT YEARS (AY) 2015-16, 2011-12 AND 2012-13 RESPECTIVELY. 2. THESE APPEALS CAME UP HEARING ON 2 ND FEBRUARY 2021. THE ASSESSEE HAS ALREADY SUBMITTED AN APPLICATION DATED THE PROGRESSIVE MULTIPURPOSE CO-OP SOCIETY LTD./ ITA NOS.694/SRT/2018, 529 & 530/SRT/2019 FOR A.Y. 2015-16, 11-12 & 13 2 21.01.2021 FOR WITHDRAWAL OF THE THREE APPEALS ON THE GROUND THAT THE ASSESSEE HAS SETTLED THE DISPUTE WITH THE REVENUE UNDER VIVAD SE VISVAS SCHEME -2020. THE ASSESSEE HAS SUBMITTED BEFORE THE BENCH SEPARATE FORM-3, FOR VIVAD SE VISHWAS ACT, 2020 THE DETAILS OF WHICH ARE AS FOLLOWS: I) FOR ITA NO.694/SRT/2018, A.Y. 2015-16, FORM-3, DATED 30.12.2020 VIDE ACKNOWLEDGMENT NO.964766220301220 ISSUED BY PCIT, VALSAD. II) FOR ITA NO.529/SRT/2019, A.Y. 2011-12, FORM-3, DATED 13.01.2021 VIDE ACKNOWLEDGMENT NO.206159160130121 ISSUED BY PCIT, VALSAD. III) FOR ITA NO.530/SRT/2019, A.Y. 2012-13, FORM-3, DATED 13.01.2021 VIDE ACKNOWLEDGMENT NO.206335340130121 ISSUED BY PCIT, VALSAD. 3. THE LD. AR FOR THE ASSESSEE SUBMITS THAT THE ASSESSEE SHALL PAY THE FULL AND FINAL DEMAND AS PER UNDERTAKING GIVEN BY ASSESSEE. THE LD.AR OF ASSESSEE PRAYED FOR WITHDRAWAL OF THE APPEAL. 4. THE LD.DEPARTMENTAL REPRESENTATIVE SR.DR APPEARING FOR THE REVENUE HAS NO OBJECTION IF THE APPEALS OF ASSESSEE ARE DISMISSED AS WITHDRAWN. CONSIDERING THE SUBMISSIONS OF THE THE PROGRESSIVE MULTIPURPOSE CO-OP SOCIETY LTD./ ITA NOS.694/SRT/2018, 529 & 530/SRT/2019 FOR A.Y. 2015-16, 11-12 & 13 3 LD. AR OF THE ASSESSEE, THE ASSESSEE IS ALLOWED TO WITHDRAW HIS THREE APPEALS. RESULTANTLY, THE THREE APPEALS OF THE ASSESSEE ARE DISMISSED AS WITHDRAWN. ORDER ANNOUNCED AT THE TIME OF HEARING OF APPEAL ON 2 ND FEBRUARY 2021 IN THE VIRTUAL COURT HEARING. SD/- SD/- (DR.ARJUN LAL SAINI) (PAWAN SINGH) ( /ACCOUNTANT MEMBER) ( /JUDICIAL MEMBER) / SURAT, DATED : 2 ND FEB 2021 / #SGR COPY OF ORDER SENT TO- ASSESSEE/AO/PR. CIT/ CIT (A)/ ITAT (DR)/GUARD FILE OF ITAT. BY ORDER / / TRUE COPY / / ASSISTANT REGISTRAR, SURAT