A.S.Precision Machines Pvt.Ltd, V. Deputy Commissioner of Income Tax, Ludhiana

ITA 658/CHANDI/2017

• Counselvise Citation: [2021] 109 COUNSELVISE.COM (IT) 2137 (ITAT-CHANDIGARH)
• Duration Of Justice: 3 year(s) 10 month(s) 10 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 23-02-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: Not Allotted
• Next Hearing Date: 07-12-2020
• Assessment Year: 2009-2010
• Appeal Filed On: 12-04-2017
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: KUSUM BANSAL CIT
• Assessee Lawyers: NONEWITHDRAWAL APPLICATION
• Section: 143(3)

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL DIVISION BENCH A, CHANDIGARH (VIRTUAL COURT) BEFORE: SHRI. N.K.SAINI, VICE PRESIDENT AND SHRI R.L. NEGI, JUDICIAL MEMBER ITA NO. 658/CHD/2017 ASSESSMENT YEAR : 2009-10 M/S A.S PRECISION MACHINES PVT. LTD. G.T. ROAD, MANDI GOBINDGARH THE DCIT CENTRAL CIRCLE-1 LUDHIANA ./ PAN NO. AABCA4598B / APPELLANT / RESPONDENT / ASSESSEE BY : NONE(WITHDRAWAL APPLICATION) / REVENUE BY : SMT. KUSUM BANSAL, ADDL. CIT ! ' # / DATE OF HEARING : 23/02/2021 $%&'() # / DATE OF PRONOUNCEMENT : 23/02/2021 / ORDER PER N.K. SAINI, VICE PRESIDENT: THIS IS AN APPEAL FILED BY THE ASSESSEE AGAINST THE ORD ER OF THE LD. CIT(A)-5, LUDHIANA DT. 13/01/2017. 2. DURING THE COURSE OF HEARING NOBODY WAS PRESENT ON BEH ALF OF THE ASSESSEE HOWEVER WITHDRAWAL APPLICATION HAS BEEN FURNISHED WHICH REA D AS UNDER: SUB:- WITHDRAWAL OF APPEAL U/S 143(3) R.W.S 263 (AS SESSMENT YEAR 2009-10) REG: M/S A.S. PRECISION MACHINES PVT. LTD. # G.T. R OAD, MANDI GOBINDGARH, LUDHIANA PAN: AABCA4598B, ACKNOWLEDGMENT NO. ITA-658/CHANDI- 2017 DT. 22.04.2014 SIR, WITH DUE RESPECT IT IS SUBMITTED THAT WE HAVE OPT F OR DIRECT TAXES VIVAD SE VISHWAS SCHEME AND ALREADY FILED VSVS-1 & 3 OPTING FOR SETTLEMENT WITH THE INCOME TAX DEPARTMENT IN RESPECT OF OUR APPEAL FILE D WITH YOUR OFFICE. AS THE DEPARTMENT IS IN PROCESS TO ACCEPT OUR APPLICATION. SO, WE REQUEST YOU TO ALLOW US TO WITHDRAW OUR APPEAL PENDING WITH YOUR OFFICE. YOU ARE REQUESTED TO DO THE NEEDFUL IN THE MATTER AND OBLIGE. ANYMORE INFORMATION SHALL BE SUBMITTED TO YOU AS PE R YOUR GOODSELF DIRECTIONS. 2 THANKING YOU. YOURS FAITHFULLY, SD/- FOR A.S. PRECISION MACHINES PVT. LTD. MANDI GOBINDGARH 3. DURING THE COURSE OF HEARING IT IS NOTICED THAT THE AS SESSEE HAS AVAILED THE IMMUNITY SCHEME I.E; VIVAD SE VISHWAS AND THE INCOME TA X DEPARTMENT HAS SINCE ISSUED FORM 3 BEARING CERTIFICATE NO. 234845210310121, IN RESPONSE TO THE APPLICATION FILED BY THE ASSESSEE, UNDER SECTION 5(1) OF THE DIREC T TAX VIVAD SE VISHWAS ACT, 2020, THEREFORE THE APPEAL OF THE ASSESSEE MAY BE ALLOWED TO BE WITHDRAWN. 4. THE LD. DR DID NOT OBJECT IF APPEAL OF THE ASSESSEE IS DISMISSED AS WITHDRAWN. 5. IN VIEW OF THE ABOVE THE APPEAL OF THE ASSESSEE IS D ISMISSED AS WITHDRAWN. 6. IN THE RESULT, APPEAL OF THE ASSESSEE IS DISMISSED. (ORDER PRONOUNCED IN THE OPEN COURT ON 23/02/2021 ) SD/- SD/- (R.L. NEGI) (N.K. SAINI) JUDICIAL MEMBER VICE PRESIDENT DATED : 23/02/2021 AG *% +,-. -( / COPY OF THE ORDER FORWARDED TO : 1. THE APPELLANT 2. THE RESPONDENT 3. CIT 4. THE CIT(A) 5. DR, ITAT, CHANDIGARH 6. GUARD FILE