M.AVICHY(HUF), MADURAI V. ACIT NON CORPORATE CIRCLE-2, MADURAI

ITA 586/CHNY/2020

• Counselvise Citation: [2022] 105 COUNSELVISE.COM (IT) 7136 (ITAT-CHENNAI)
• Duration Of Justice: 1 year(s) 11 month(s) 16 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 09-03-2022
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: C
• Assessment Year: 2010-2011
• Appeal Filed On: 22-03-2020
• Result in Favour of: Revenue
• Court: TRIBUNAL

Judgement Text

आयकर अपीलीय अिधकरण, ‘सी’ यायपीठ, चे ई IN THE INCOME TAX APPELLATE TRIBUNAL ‘C’ BENCH, CHENNAI ी महावीर सह, उपा य एवं डॉ एम एल मीना, लेखा सद य के सम BEFORE SHRI MAHAVIR SINGH, VICE PRESIDENTAND Dr. M.L. MEENA, ACCOUNTANT MEMBER आयकर अपील सं./ITA No.:586/CHNY/2020 िनधा रण वष /Assessment Year: 2010 - 2011 M/s. N. Avichy [HUF], No.131, North Perumal Maistry Street, Madurai – 625 001. PAN : AABHN 3676 C v. The Assistant Commissioner of Income Tax, Non-Corporate Circle – 2, Madurai – 625 002. (अपीलाथ /Appellant) ( यथ /Respondent) अपीलाथ क ओर से/Appellant by : None यथ क ओर से/Respondent by : Shri AR.V. Sreenivasan, Addl.CIT सुनवाई क तारीख/Date of Hearing : 10.03.2022 घोषणा क तारीख/Date of Pronouncement : 10.03.2022 आदेश आदेशआदेश आदेश / // /O R D E R PER BENCH: This appeal filed by the assessee is directed against the order of learned Commissioner of Income Tax (Appeals)-2, Madurai in ITA No.049/2017-18 dated 30.01.2020 for the assessment year 2010- 2011. 2. At the time of hearing, the learned Counsel for the Assessee has stated that the assessee wants to utilize the Direct Taxes ‘Vivad se Vishwas Scheme, 2020’ to settle pending disputes relating to 2 I.T.A. No.586/Chny/2020 Direct Taxes and in this regard the assessee has filed a letter dated 26.01.2022 requesting for withdrawal of appeal along with Form No. 3 from the Designated Authority and Form No.4 intimating the detail of payment. Therefore, once the Assessee has filed Form No.3 and expressed its willingness to settle the pending disputes regarding direct taxes, then there is no point in keeping the appeal filed by the Assessee. Hence, we are dismissing the appeal subject to liberty to the Assessee to get it recalled in case, the Assessee does not succeed in availing the scheme i.e., Vivad-Se-Vishwas Scheme 2020 for whatever reason. 3. In the result, the appeal filed by the Assessee is dismissed as withdrawn. Order pronounced in the open court on 10 th March, 2022 at Chennai. Sd/- Sd/- (महावीर सह ) (MAHAVIR SINGH) उपा य /VICE PRESIDENT (डॉ एम एल मीना) (Dr. M.L. MEENA) लेखा सद य /ACCOUNTANT MEMBER चे ई/Chennai, "दनांक/Dated, the 10 th March, 2022 IA, Sr. PS आदेश क ितिलिप अ ेिषत/Copy to: 1. अपीलाथ /Appellant 2. यथ /Respondent 3. आयकर आयु (अपील)/CIT(A) 4. आयकर आयु /CIT 5. िवभागीय ितिनिध/DR 6. गाड" फाईल/GF.