M/s Shramaji Fabrics Pvt. Ltd., Ludhiana V. ACIT, C-2, Ludhiana

ITA 692/CHANDI/2018

• Counselvise Citation: [2020] 110 COUNSELVISE.COM (IT) 3478 (ITAT-CHANDIGARH)
• Duration Of Justice: 2 year(s) 5 month(s) 27 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 11-11-2020
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: Chandigarh
• Assessment Year: 2015-2016
• Appeal Filed On: 15-05-2018
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: ASHOK KHANNA
• Section: 20

Judgement Text

, , IN THE INCOME TAX APPELLATE TRIBUNAL, CHANDIGARH BE NCH B, CHANDIGARH ( VIRTUAL COURT) .., ! '# $ %#& '(, ) (* BEFORE: SHRI. N.K.SAINI, VP & SHRI , SATBEER SINGH GODARA, JM ITA NOS. 443 & 692/CHD/2018 ASSESSMENT YEARS : 2014-15 & 2015-16 M/S SHRAMANJI FABRICS PVT. LTD. BAHADUR KE ROAD, NEAR DANA MANDI, LUDHIANA, PUNJAB THE ACIT C-2, LUDHIANA PAN : AAECS1765M APPELLANT RESPONDENT ASSESSEE BY : SHRI SUDHIR SEHGAL, ADVOCATE REVENUE BY : SHRI ASHOK KHANNA, ADDL. CIT ! '# DATE OF HEARING : 11/11/2020 $%&'()# DATE OF PRONOUNCEMENT : 11/11/2020 (+/ ORDER PER SATBEER SINGH GODARA, JUDICIAL MEMBER : BOTH THE ABOVE APPEALS BY THE ASSESSEE ARE DIRECTED AG AINST THE SEPARATE ORDERS OF LD. COMMISSIONERS OF INCOME TAX (APPEAL)-1, LUDH IANA EACH DT. 19/02/2018 AND 07/03/2018 RESPECTIVELY. 2. LD. COUNSEL FOR THE ASSESSEE FURNISHED AN APPLICA TIONS FOR WITHDRAWAL OF THE APPEALS WHICH READ AS UNDER: SUB: REQUEST FOR WITHDRAWAL OF APPEAL AS FILED VI DE ITA NO. 443/CHD/2018 AY 2014-15 AND ITA NO. 692/CHD/2018 AY 2015-16. WITH REGARD TO THE CAPTIONED SUBJECT, IT IS VERY HU MBLY SUBMITTED THAT FOR A.Y. 2014-15 AND A.Y. 2015-16, THE APPELLANT HAS OPTED FOR 'VIVAD SE VISHWAS SCHEME', 2020 AND HAD FILED FORM 1 & 2 WITH WORTHY PCIT-1, LUDHIANA ON 08.08.20 20 & 23.09.2020, RESPECTIVELY. THE WORTHY PCIT-1, LUDHIANA HAS ALSO ISSUED FORM 3 DATE D 26.10.2020 & 28.10.2020, RESPECTIVELY, AS PER COPY ENCLOSED AND NOW THE APPE LLANT IS REQUIRED TO FILE FORM 4 ALONG WITH THE EVIDENCE OF WITHDRAWAL OF APPEALS. THUS, IN VIEW OF THE ABOVE, IT IS REQUESTED BEFORE YOUR GOODSELF TO KINDLY ALLOW THE APPELLANT TO WITHDRAW BOTH THE APPEALS FILED WITH H ON'BLE ITAT. THANKING YOU, YOURS FAITHFULLY, SD/- ATUHORIZED SIGNATORY 2 3. DURING THE COURSE OF HEARING THE LD. COUNSEL FOR THE ASSESSEE SUBMITTED THAT SINCE THE ASSESSEE HAD AVAILED THE IMMUNITY SCHEME I .E; VIVAD SE VISHWAS AND T HE INCOME TAX DEPARTMENT HAD ISSUED FORM NO. 3, IN RESP ONSE TO THE APPLICATIONS FILED BY THE ASSESSEE, UNDER SECTION 5(1) OF THE DIRECT TAX VIVAD SE VISHWAS ACT, 2020, THEREFORE THE APPEALS OF THE ASSESSEE MAY BE ALLOWED TO BE WITHDRAWN. THE DETAILS OF ABOVE SAID CERTIFICATES ARE AS UNDER: SL.NO. APPEAL NO. NAME OF CASE CERTIFICATE NO. 1. ITA NO. 443/CHANDI/2018 M/S SHRAMAJI FABRICS PVT . LTD. 675154290261020 2. ITA NO. 692/CHANDI/2018 M/S SHRAMAJI FABRICS PVT . LTD. 680874630281020 4. THE LD. DR DID NOT OBJECT IF THE ABOVE APPEALS OF T HE ASSESSEE ARE DISMISSED AS WITHDRAWN. 5. IN VIEW OF THE ABOVE THE APPEALS OF THE ASSESSEE ARE DISMISSED AS WITHDRAWN. 6. IN THE RESULT, APPEALS OF THE ASSESSEE ARE DISMISSE D. ORDER PRONOUNCED ON 11/11/2020. SD/- SD/- .., $ %#& '( ( N.K. SAINI) (SATBEER S INGH GODARA ) ! / VICE PRESIDENT ) (*/ JUDICIAL MEMBER AG DATE: 11/11/2020 *% +,-. -( COPY OF THE ORDER FORWARDED TO : 1. THE APPELLANT 2. THE RESPONDENT 3. ** ! / CIT 4. ** ! /01 THE CIT(A) 5. - 245*#*4)56789 DR, ITAT, CHANDIGARH 6. 8:' GUARD FILE