M/s. G T V Infrastructure Ltd. Mandideep, Mandideep V. PCIT-1 Bhopal, Bhopal

ITA 599/Ind/2019

• Counselvise Citation: [2022] 107 COUNSELVISE.COM (IT) 0773 (ITAT-INDORE)
• Duration Of Justice: 3 year(s) 2 month(s) 16 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 02-08-2022
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: DB
• Assessment Year: 2009-2010
• Appeal Filed On: 16-05-2019
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Section: 147

Judgement Text

आयकर अपील य अ धकरण, इंदौर यायपीठ, इंदौर IN THE INCOME TAX APPELLATE TRIBUNAL INDORE BENCH, INDORE BEFORE MS. MADHUMITA ROY, JUDICIAL MEMBER AND SHRI B.M. BIYANI, ACCOUNTANT MEMBER (Conducted through Virtual Court) ITA Nos.599&600/Ind/2019 Assessment Years: 2009-10 & 2010-11 M/s. GTV Infrastructure Ltd. 216-218, New Industrial Area- II, Mandideep, Dist-Raisen Vs. Pr. CIT-1, Bhopal (Appellant / Assessee) (Respondent/ Revenue) PAN: AACCG6821F Appellant by Ms. Shreya Jain, A.R. Respondent by Shri P. K. Mitra, CIT DR Da te of Hear ing 28.07.2022 Da te of Pronounceme nt 03.08.2022 O R D E R PER MADHUMITA ROY, J.M.: T he capt io ned ap p eals h av e been fi l ed at th e in stance of t he assessee aga in st th e orde r o f th e P r. C o mmissi on er o f Inco me Tax -1, B h opal da te d 1 8. 0 3. 20 19 a ris ing o ut o f th e o rd er d ated 3 0. 1 2. 20 1 6 p assed b y th e IT O -1 (1 ), B ho pal un d er S ec tion 1 4 3(3 ) r. w. s. 147 o f the In co me Ta x Act, 1 96 1 c o nce rni ng A . Ys. 200 9 -10 & 20 10 -1 1 res pect iv el y. 2 . When t he matte r was cal led for hearing , it is p oint ed o u t to th e B ench th at the assessee has fi led d ecla rat io n an d un de rtak in g i n F or m N o . 3 as p er p ro vi sio ns o f th e D irect T ax V iv ad S e V is hwas A ct, 202 0 fo r a vail ment of th e bene fit un d er t he sche me. In v iew o f ITA Nos.599 &600/Ind/2019 A.Ys. 2009-10 & 2010- 11 Page 2 of 3 th is, t he Ld. C ou n sel fo r th e asses see su b mi tte d that assessee do es n o t w an t t o pu rs u e th e sa id ap peal owin g to e xerc ise of o p tio n fo r ava il in g V S V S ch eme and it has co mp lied wi t h the req u isi te fo rma li t ies, and so ug ht p ermiss io n fo r w i thd raw al of ap peal be fo re the T ri bu na l. Th e Ld. C ou nse l has placed o n re co r d co p y of F o r m N o. 3. 3 . T he Ld . Depa rtme ntal R ep resen tati v e fo r t he R ev enu e state d tha t h e has n o obj ec ti o n t o with d raw t he ap p eals in th e ci rcu ms ta nce s n arr ated on b eh alf o f t he assess ee. 4 . In th e l ig ht o f written req ues ts ma de o n b eh al f of th e cap ti on ed pa rt y, t h e ap pea l is d is miss ed as w i th d raw n. Ho wever, in the ev en t, t he asse ssee fa ils t o a vail the bene fit o f VS V S che me fo r an y b on afide reaso ns, th en the assess ee c on cerne d wi ll be a t libe rt y to seek res to r at io n o f o rig in al a p peal fo r h eari ng bef ore IT AT i n acco rda nce w it h la w. 5 . In t he resu lt, th e c ap ti o ne d ap pea ls are d is mi ssed as w ith d raw n. Order pronounced as per Rule 34 of I.T.A.T. Rules 1963 on 03.08. 2022. Sd/- Sd/- (B.M. Biyani) (Madhumita Roy) Accountant Member Judicial Member Indore, 03.08.2022 Tanmay, Sr.PS Copies to: (1) The appellant (2) The respondent (3) CIT (4) CIT(A) (5) Departmental Representative (6) Guard File By order UE COPY Assistant Registrar Income Tax Appellate Tribunal Indore Bench, Indore ITA Nos.599 &600/Ind/2019 A.Ys. 2009-10 & 2010- 11 Page 3 of 3 1. Date of taking dictation 29.07.2022 2. Date of typing & draft order placed before the Dictating Member 3. Date on which the approved draft comes to the Sr. P.S./P.S. 4. Date on which the fair order is placed before the Dictating Member for pronouncement 5. Date on which the file goes to the Bench Clerk 6. Date on which the file goes to the Head Clerk 7. Date on which the file goes to the Assistant Registrar for signature on the order 8. Date of dispatch of the Order