Atul Gupta & Sons (HUF), Ludhiana V. ITO, W-6(5), Ludhiana

ITA 679/CHANDI/2019

• Counselvise Citation: [2021] 109 COUNSELVISE.COM (IT) 2144 (ITAT-CHANDIGARH)
• Duration Of Justice: 1 year(s) 9 month(s) 17 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 25-02-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: SMC
• Assessment Year: 2011-2012
• Appeal Filed On: 08-05-2019
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: KUSUM BA NSAL

Judgement Text

, . , IN THE INCOME TAX APPELLATE TRIBUNAL, CHANDIGARH BENCH B CHANDIGARH , , BEFORE: SMT. DIVA SINGH, JM & SMT.ANNAPURNA GUPTA, AM ./ ITA NO. 679/CHD/2019 / ASSESSMENT YEAR : 2011-12 M/S ATUL GUPTA & SONS (HUF), 475-A, MODEL TOWN EXTENSION, LUDHIANA. VS THE ITO, WARD 6(5), LUDHIANA. ./ PAN NO: AAAHG3679K / APPELLANT / RESPONDENT ./ ITA NO. 680/CHD/2019 / ASSESSMENT YEAR : 2011-12 SHRI ATUL GUPTA, 475-A, MODEL TOWN EXTENSION, LUDHIANA. VS THE ITO, WARD 6(1), LUDHIANA. ./ PAN NO: AAVPG3959M / APPELLANT / RESPONDENT / ASSESSEE BY : SHRI ASHWANI KUMAR, C.A. / REVENUE BY : SMT. KUSUM BANSAL, ADDL.CIT / DATE OF HEARING : 2 4.02.2021 / DATE OF PRONOUNCEMENT : 25.02.2021 / ORDER PER DIVA SINGH BY THE PRESENT APPEALS, THE ASSESSEE HAS ASSAILED THE CORRECTNESS OF THE SEPARATE ORDER DATED 14.03.2019 OF CIT(A)-3, LU DHIANA PERTAINING TO 2011-12 ASSESSMENT YEAR ON VARIOUS GROUNDS. 2. HOWEVER AT THE TIME OF HEARING, LD. AR RELYING O N SEPARATE APPLICATION DATED 23.02.2021 SUBMITTED THAT THE ASSESSEE HAS AV AILED OF SETTLEMENT UNDER THE DIRECT TAX VIVAD SE VISHWAS SCHEME, 2020 AND ITS APPLICATIONS HAVE ACCEPTED BY THE DEPARTMENT AS FORMS NO. 3 STAN DS ISSUED. COPIES ITA-679&680/CHD/2019 A.Y. 2011-12 PAGE 2 OF 2 FILED. IN THESE CIRCUMSTANCES, THE ASSESSEE PRAYS FOR WITHDRAWAL OF THE APPEALS. 3. THE LD. SR.DR SMT. KUSUM BANSAL ON A PERUSAL OF RECORD HAD NO OBJECTION TO THE PRAYER OF THE ASSESSEE. 4. WE HAVE HEARD THE SUBMISSIONS AND PERUSED THE MA TERIAL ON RECORD. IN THE AFOREMENTIONED PECULIAR FACTS AND CIRCUMSTAN CES CONSIDERING THE RECORD AND THE SUBMISSIONS, THE APPEALS OF THE ASSE SSEE ARE DISMISSED AS WITHDRAWN. SAID ORDER WAS PRONOUNCED AT THE TIME O F VIRTUAL HEARING ITSELF IN THE PRESENCE OF THE PARTIES VIA WEBEX. 5. IN THE RESULT, APPEALS OF THE ASSESSEE ARE DISMI SSED AS WITHDRAWN. ORDER PRONOUNCED ON 25 TH FEB.,2021. SD/- SD/- ( ) ( ) (ANNAPURNA GUPTA) (DIVA SINGH) / ACCOUNTANT MEMBER / JUDICIAL MEMBER POONAM / COPY OF THE ORDER FORWARDED TO : 1. / THE APPELLANT 2. / THE RESPONDENT 3. / CIT4. ( )/ THE CIT(A)5. , , / DR, ITAT, CHANDIGARH 6. / GUARD FILE 2. / BY ORDER, / ASSISTANT REGISTRAR