Shroff Polycraft Pvt. Ltd., Madhyamgram V. I.T.O.,Ward-14(4), Kolkata

ITA 61/KOL/2020

• Counselvise Citation: [2020] 109 COUNSELVISE.COM (IT) 8504 (ITAT-KOLKATA)
• Duration Of Justice: 9 month(s) 25 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 10-11-2020
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: A
• Next Hearing Date: 10-11-2020
• Assessment Year: 2015-2016
• Appeal Filed On: 15-01-2020
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: DHRUBAJYOTI ROY
• Assessee Lawyers: RAJA RAM CHOWDHURY
• Section: 201; 20

Judgement Text

1 I .T.A NO. 61/KOL/2020 AY 2015 - 16 SHROFF POLYCRAFT P.LTD IN THE INCOME TAX APPELLATE TRIBUNAL A BENCH: KOLKATA [BEFORE SHRI WASEEM AHMED, HON. AM AND SMT. MADHUMITA ROY, HON. JM] I .TA NO. 61/KOL/2020 A.Y 20 1 5 - 16 S HROFF POLYCRAFT PVT. LTD PAN: AAQCS 6450B VS. I.T.O., WARD 14(4), KOLKATA APPELLANT RESPON DENT DATE OF HEARING (VIRTUAL) 10 - 11 - 2020 DATE OF PRONOUNCEMENT 10 - 11 - 2020 FOR THE APPELLANT SHRI RAJARAM CHOWDHURY, LD.AR FOR THE RESPONDENT SHRI DHRUBAJYOTI ROY, JCIT, LD.SR. DR ORDER PER SMT. MADHUMITA ROY, JM TH E INSTANT AP PEAL FILED BY THE ASSESSEE IS DIRECTED AGAINST THE ORDER DATED 20 - 11 - 2019 PASSED BY THE LD. CIT(A) - 5 , KOLKATA ARISING OUT OF THE ASSESSMENT ORDER DATED 27 - 12 - 2017 PASSED BY THE I.T.O., WARD 14(4), KOLKATA U/S. 1 43(3) OF THE INCOME TAX ACT, 1961 (HEREINAF TER REFERRED TO AS THE ACT ) FOR THE ASSESSMENT YEAR 201 5 - 16 . 2. IN THIS CASE AT THE VERY OUTSET, AT THE TIME OF HEARING IT IS NOTICED THAT THE ASSESSEE VIDE AN APPLICATION DATED 03 - 11 - 2020 ( COPY OF THE SAME IS AVAILABLE ON RECORD) SUBMITTED A WR ITTEN PETITION SEEKING THAT THE ASSESSEE COMPANYS CASE IS COVERED BY THE VIVAD SE VISHWAS SCHEME UNDER THE SCHEME OF THE DIRECT TAX VIVAD SE VISHWAS SCHEME - 2020 . IN THIS CONTEXT, THE LD. AR FURTHER PRAYED BEFORE US THAT THE ASSESSEE HEREIN MAY BE PE RMITTED TO WITHDRAW THIS APPEAL , WHICH IS COVERED UNDER THE SAID SCHEME THE DIRECT TAX VIVAD SE VISHWAS SCHEME - 2020 AND IN SUCH SCENARIO, THE ASSESSEE MAY BE PERMITTED TO WITHDRAW THIS APPEAL OF THE ASSESSEE . THE LD. DR DID NOT OBJECT TO THE SAI D PRAYER OF THE ASSESSEE. 3. WE HAVE HEARD BOTH THE PARTIES AND PERUSED THE RELEVANT RECORDS. WE FIND THAT THE ASSESSEE BEFORE US VIDE AN APPLICATION DATED 03 - 11 - 20 STATING THEREIN SUBMITTED THAT THE ASSESSEE COMPANYS CASE IS COVERED BY THE VIVAD SE VIS HWAS SCHEME UNDER THE DIRECT 2 I .T.A NO. 61/KOL/2020 AY 2015 - 16 SHROFF POLYCRAFT P.LTD TAX VIVAD SE VISHWAS SCHEME - 2020 . THEREFORE, WE PERMIT THE ASSESSEE TO WITHDRAW THIS APPEAL FILED BY THE ASSESSEE. WE ORDER ACCORDINGLY. 4. IN THE RESULT, THE APPEAL OF ASSESSEE (ITA NO. 61/KOL/2020 FOR THE AY 2015 - 16) IS DISMISSED AS WITHDRAWN. ORDER IS PRONOUNCED IN THE OPEN COURT ON 10 TH NOVEMBER, 2020 SD/ - SD/ - WASEEM AHMED MADHUMITA ROY ACCOUNTANT MEMBER JUDICIAL MEMBER DATED 10 TH NOV., 2020 ** PP(SR.P.S.) COPY OF THE ORDER FORWARDED TO: 1. APPELLANT/ ASSESSEE: M/S. S HROFF P OLYCRAFT PVT. LTD GR. FL., 321 BADU ROAD, MADHYAMGRAM - 24, PGS (N), W.B 700129. 2 RESPONDENT/ REVENUE: THE ITO, W - 14(4) 110 SHANTIPALLY, AAYKAR BHAWA POORVA, TH FL., R.NO. 912, KOLKATA - 107. 3. CIT, 4. CIT(A), KOLKATA. 5. DR, KOLKATA BENC HES, KOLKATA TRUE COPY BY BY ORDER ASSISTANT REGISTRAR ITAT KOLKATA