M/s G.K.Hotels (P) Ltd, Chandigarh V. ACIT, C-4(1), Chandigarh

ITA 575/CHANDI/2019

• Counselvise Citation: [2021] 108 COUNSELVISE.COM (IT) 5322 (ITAT-CHANDIGARH)
• Duration Of Justice: 2 year(s) 13 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 12-05-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: A
• Assessment Year: 2013-2014
• Appeal Filed On: 29-04-2019
• Result in Favour of: Revenue
• Court: TRIBUNAL

Judgement Text

, , IN THE INCOME TAX APPELLATE TRIBUNAL, CHANDIGARH BEN CH A, CHANDIGARH (VIRTUAL COURT) .., !' .. , # $% BEFORE: SHRI. N.K.SAINI, VP & SHRI R.L. NEGI, JM ./ ITA NO. 575/CHD/2019 / ASSESSMENT YEAR : 2013-14 M/S G.K. HOTELS LTD., SCO 353-356, SECTOR 35A, CHANDIGARH. THE A.C.I.T., CIRCLE-4(1), CHANDIGARH. ./ PAN NO: AABCG 5427 F / APPELLANT / RESPONDENT ! ' / ASSESSEE BY : SHRI PARIKSHIT AGGARWAL (C.A.) # ! ' / REVENUE BY : SHRI MANVEET SINGH SEHGAL, ADDL. CIT-DR $ % ! &/ DATE OF HEARING : 12/05/2021 '()* ! &/ DATE OF PRONOUNCEMENT : 12/05/2021 $&/ ORDER PER: R.L. NEGI, JUDICIAL MEMBER THIS IS AN APPEAL FILED BY THE ASSESSEE AGAINST THE ORDER OF THE LD. CIT(A)-2, CHANDIGARH DATED 30/01/2019 FOR THE A.Y. 2013-14. 2. THE LD. COUNSEL APPEARING ON BEHALF OF THE ASSES SEE HAS FILED AN APPLICATION FOR WITHDRAWAL OF THIS APPEAL STATING AS UNDER: SUBJECT: PRAYER FOR PERMISSION TO WITHDRAW THE APPEA L IN THE CASE OF M/S GK HOTELS PVT. LTD., ITA NO. 575/CHANDI/2019 FOR ASSESS MENT YEAR 2013-14 FIXED FOR HEARING ON 27/05/2021. HON'BLE BENCH, KINDLY REFER TO THE MATTER CITED AS SUBJECT ABOVE. WE HAVE BEEN DIRECTED BY THE ASSESSEE TO MOST RESPECTFULLY SUBMIT THAT IN RESP ECT OF ITS APPEAL IT HAD FILED DECLARATION UNDER VIVAD SE VISHWAS SCHEME, 2020 WHEREBY THE WORTHY PR.CIT HAS ISSUED CERTIFICATE IN FORM 3. COPY OF THE SAME IS ATTACHED HEREWITH. IT IS, THEREFORE, MOST HUMBLY AND RESPECTFULLY PRAYE D THAT THE PERMISSION MAY PLEASE BE GRANTED FOR WITHDRAWAL OF APPEAL. WE SHALL BE HIGHLY OBLIGED. THANKING YOU, 2 ITA 575/CHD/2019_ M/S G.K. HOTELS LTD. VS ACIT YOURS FAITHFULLY, SD/- (PARIKSHIT AGGARWAL) CHARTERED ACCOUNTANT COUNSEL FOR THE ASSESSEE. 3. DURING THE COURSE OF HEARING THE LD. COUNSEL FOR THE ASSESSEE SUBMITTED THAT THE ASSESSEE HAS AVAILED THE IMMUNITY SCHEME I.E. V IVAD SE VISHWAS AND THE INCOME TAX DEPARTMENT HAS ISSUED FORM NO. 3 BEARING CERTIFICATE N O . 250489910110221 , IN RESPONSE TO THE APPLICATION FILED BY THE ASSESSE E, UNDER SECTION 5(1) OF THE DIRECT TAX VIVAD SE VISHWAS ACT, 2020, THEREFORE THE ASSESSEE MAY BE ALLOWED TO WITHDRAW THE PRESENT APPEAL. 4. THE LD. DR DID NOT OPPOSE THE SUBMISSIONS MADE B Y THE LD. COUNSEL. 5. IN VIEW OF THE ABOVE THE APPEAL OF THE ASSESSEE IS DISMISSED AS WITHDRAWN. 6. IN THE RESULT, APPEAL OF THE ASSESSEE IS DISMISS ED. (ORDER PRONOUNCED ON 12/05/2021.) SD/- SD/- .., .. ( N.K. SAINI) (R.L. NEGI ) / VICE PRESIDENT # $%/ JUDICIAL MEMBER *RANJAN DATE: 12/05/2021 (+ ! ,- .- / COPY OF THE ORDER FORWARDED TO : 1. / THE APPELLANT 2. / THE RESPONDENT 3. $ / / CIT 4. $ / ()/ THE CIT(A) 5. -23 4, & 4, 67839/ DR, ITAT, CHANDIGARH 6. 38 :%/ GUARD FILE