M/s I.K. Gujral Punjab Technical University, Kapurthala V. DCIT, C-1, (Exemptions), Chandigarh

ITA 68/CHANDI/2019

• Counselvise Citation: [2021] 109 COUNSELVISE.COM (IT) 2130 (ITAT-CHANDIGARH)
• Duration Of Justice: 2 year(s) 1 month(s) 17 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 10-03-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: A
• Next Hearing Date: 10-03-2021
• Assessment Year: 2010-2011
• Appeal Filed On: 22-01-2019
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: C CHANDRAKANTA
• Assessee Lawyers: ROHIT JAIN

Judgement Text

, , A IN THE INCOME TAX APPELLATE TRIBUNAL DIVISION BENCH, A CHANDIGARH , ! '# $ % & '# , () BEFORE SHRI SANJAY GARG, JUDICIAL MEMBER AND MS. ANNAPURNA GUPTA, ACCOUNTANT MEMBER ./ ITA NO. 830/CHD/2018 / ASSESSMENT YEAR : 2009-10 THE I. K. GUJRAL PUNJAB TECHNICAL UNIVERSITY, KAPURTHALA. DEPUTY COMMISSIONER OF INCOME-TAX, CIRCLE-1(EXEMPTION), CHANDIGARH. ./PAN NO: AAACC6106 / APPELLANT /RESPONDENT ./ ITA NO. 68/CHD/2019 / ASSESSMENT YEAR : 2010-11 THE I. K. GUJRAL PUNJAB TECHNICAL UNIVERSITY, (PTU), JALANDHAR. DEPUTY COMMISSIONER OF INCOME-TAX, (EXEMPTION) CIRCLE-1, CHANDIGARH. ./PAN NO: AAAJP1130G / APPELLANT /RESPONDENT HEARING THROUGH VIDEO CONFERENCING ! /ASSESSEE BY : SHRI ROHIT JAIN, ADVOCATE & MS. SOMYA JAIN, C.A. ' ! / REVENUE BY : SMT. C. CHANDRA KANTA, CIT # $ % /DATE OF HEARING : 10.03.2021 &'() % / DATE OF PRONOUNCEMENT : 10. 03.2021 ITA NO. 830-CHD-2018 & 68-CHD-2019 THE I.K. GUJRAL PUNJAB TECHNICAL UNIVERSITY 2 (*/ ORDER PER ANNAPURNA GUPTA, ACCOUNTANT MEMBER: THE PRESENT APPEALS RELATE TO THE SAME ASSESSEE AND HAVE BEEN PREFERRED AGAINST THE ORDERS DATED 30.03.2018 &14. 12.2018 OF THE LD. COMMISSIONER OF INCOME TAX (APPEALS)-2, JALANDHAR [ HEREINAFTER REFERRED TO AS CIT(A)] FOR THE ASSESSMENT YEARS20 09-10 & 2010-11 RESPECTIVELY ,PASSED U/S 250(6) OF THE INCOME TAX A CT,1961(HEREINAFTER REFERRED TO AS ACT). 2. LD. COUNSEL FOR THE ASSESSEE SUBMITTED BEFORE U S THAT IT HAS OPTED FOR THE SETTLEMENT OF THE DISPUTE UNDER THE VIVAD SE VISH WAS SCHEME-2020 AND FORM NO. 3 HAS ALSO BEEN ISSUED BY THE DESIGNATED AUTHORITY ACCEPTING THE ASSESSEES REQUEST. AN APPLICATION STATING THE ABOVE, ALONG WITH COPY O F FORM NO. 3 ISSUED IN BOTH THE CASES WAS FILED BEFORE US. THE LD. DR EXPRESSED NO OBJECTION TO THE WITHDRAWAL. 3. IN VIEW OF THE ABOVE, SINCE THE ASSESSEE HAS SET TLED THE DISPUTE IN THE VSV SCHEME FRAMED BY THE LEGISLATURE IN THIS REGARD, TH E IMPUGNED APPEALS ARE DISMISSED AS WITHDRAWN. ORDER PRONOUNCED ON 10.03.2021. SD/- SD/- $ % & '#, (SANJAY GARG ) ( ANNAPURNA GUPTA) / JUDICIAL MEMBER () / ACCOUNTANT MEMBER DATED : 10 /03/2021 ITA NO. 830-CHD-2018 & 68-CHD-2019 THE I.K. GUJRAL PUNJAB TECHNICAL UNIVERSITY 3 SANTOSH . '+ ,-.- / COPY OF THE ORDER FORWARDED TO : 1. / THE APPELLANT 2. / THE RESPONDENT 3. # / / CIT 4. # / ( )/ THE CIT(A) 5. -01 2 , %2 , 34516 / DR, ITAT, CHANDIGARH 6. 157$ / GUARD FILE '+ # / BY ORDER, 8' / ASSISTANT REGISTRAR