Finolex Industries Ltd, Pune V. Deputy Commissioner of Income-tax, Central Circle -1 (2), Pune

ITA 560/PUN/2019

• Counselvise Citation: [2022] 106 COUNSELVISE.COM (IT) 4990 (ITAT-PUNE)
• Duration Of Justice: 3 year(s) 3 month(s) 10 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 20-07-2022
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: A
• Assessment Year: 2014-2015
• Appeal Filed On: 09-04-2019
• Result in Favour of: Revenue
• Court: TRIBUNAL

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL PUNE BENCH “A”, PUNE BEFORE SHRI INTURI RAMA RAO, ACCOUNTANT MEMBER AND SHRI S. S. VISWANETHRA RAVI, JUDICIAL MEMBER आयकर अपील सं. / ITA No.560/PUN/2019 िनधाᭅरण वषᭅ / Assessment Year: 2014-15 Finolex Industries Ltd., D1/10 MIDC, Chinchwad, Pune- 411019. PAN : AAACF2634A Vs. DCIT, Central Circle- 1(2), Pune. Appellant Respondent आदेश / ORDER PER INTURI RAMA RAO, AM: This is an appeal filed by the assessee directed against the order of ld. Commissioner of Income Tax (Appeals)- 11, Pune dated 07.02.2019 for the assessment year 2014-15. 2. When the matter had come up for hearing today, the appellant filed a letter seeking permission to withdraw the above captioned appeal on the ground that the issues involved in this appeal stand settled under the Vivad Se Vishwas Scheme, 2020. The appellant Assessee by : Shri Nikhil S. Pathak Revenue by : Shri S. P. Walimbe Date of hearing : 21.07.2022 Date of pronouncement : 21.07.2022 ITA No.560/PUN/2019 2 also filed copy of Form No.5 issued by the Pr. Commissioner of Income Tax- 3, Pune. 3. On the other hand, the ld. Department Representative had expressed no objection to permit the withdrawal of the appeal. 4. In the circumstances, we hereby grant permission to the appellant to withdraw the appeal. Accordingly, the above captioned appeal stands dismissed as withdrawn. 5. In the result, the appeal filed by the assessee stands dismissed as ‘withdrawn’. Order pronounced in the open Court on this 21 st day of July, 2022. Sd/- Sd/- (S. S. VISWANETHRA RAVI) (INTURI RAMA RAO) JUDICIAL MEMBER ACCOUNTANT MEMBER पुणे / Pune; ᳰदनांक / Dated : 21 st July , 2022. Sujeet आदेश कᳱ ᮧितिलिप अᮕेिषत / Copy of the Order forwarded to : 1. अपीलाथᱮ / The Appellant. 2. ᮧ᭜यथᱮ / The Respondent. 3. The CIT(A)-11, Pune. 4. The Pr. CIT (Central), Pune. 5. िवभागीय ᮧितिनिध, आयकर अपीलीय अिधकरण, “A” बᱶच, पुणे / DR, ITAT, “A” Bench, Pune. 6. गाडᭅ फ़ाइल / Guard File. आदेशानुसार / BY ORDER, // True Copy // Senior Private Secretary आयकर अपीलीय अिधकरण, पुणे / ITAT, Pune.