M/S. INDUS FINANCE CORPORATION LTD., CHENNAI V. ACIT (OSD), CORPORATE RANGE-2, , CHENNAI

ITA 699/CHNY/2020

• Counselvise Citation: [2021] 104 COUNSELVISE.COM (IT) 6909 (ITAT-CHENNAI)
• Duration Of Justice: 1 year(s) 4 month(s) 9 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 06-12-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: C
• Assessment Year: 2013-2014
• Appeal Filed On: 27-07-2020
• Result in Favour of: Revenue
• Court: TRIBUNAL

Judgement Text

आयकर अपीलीय अिधकरण ‘सी’ ायपीठ चे ई म । IN THE INCOME TAX APPELLATE TRIBUNAL “C” BENCH, CHENNAI माननीय -ी वी. द ु गा3 राव, ाियक सद4 एवं माननीय -ी मनोज कु मार अ9वाल ,लेखा सद4 के सम;। BEFORE HON’BLE SHRI V. DURGA RAO, JUDICIAL MEMBER AND HON’BLE SHRI MANOJ KUMAR AGGARWAL, AM आयकर अपील सं./ ITA No.699/Chny/2020 (िनधा3रण वष3 / Assessment Year: 2013-14) M/s Indus Finance Corporation Ltd. No.114, Kothari Building, 4 th Floor, M.G. Road, Nungambakkam, Chennai – 600 034 बनाम/ V s. ACIT (OSD) Corporate Range-2, Chennai. थायी लेखा सं./जीआइ आर सं./P AN /GI R No . AAF CS -4 0 7 4 - A (अपीलाथ /Appellant) : ( थ / Respondent) अपीलाथ की ओरसे/ Appellant by : Shri S. Sridhar (Advocate) – Ld. AR थ की ओरसे/Respondent by : Shri G. Johnson (Addl.CIT) – Ld. DR सुनवाई की तारीख/ Date o f Hea rin g : 07-12-2021 घोषणा की तारीख / Date of Pronouncement : 07-12-2021 आदेश / O R D E R Manoj Kumar Aggarwal (Accountant Member) 1. The Ld. AR submitted that the assessee has already opted for settlement of dispute for the year under Direct Tax Vivad Se Vishwas Scheme (VVS Scheme), 2020 and therefore, the assessee seeks withdrawal of the appeal. The same was not objected to by Ld. DR. 2. In view of foregoing, the assessee’s appeal stand dismissed as withdrawn with a liberty to assessee to seek restoration of the appeal, in ITA No.699/Chny/2020 - 2 - case the declaration filed under the scheme is not accepted, for whatever reasons. 3. The appeal stands dismissed as withdrawn. Order pronounced on 07 th December, 2021. Sd/- (V. DURGA RAO) ाियक सद4 /JUDICIAL MEMBER Sd/- (MANOJ KUMAR AGGARWAL) लेखा सद4 / ACCOUNTANT MEMBER चे*ई / Chennai; िदनांक / Dated : 07-12-2021 TLN आदेश की Wितिलिप अ 9ेिषत/Copy of the Order forwarded to : 1. अपीलाथ / The Appellant 2. थ / The Respondent 3. आयकर आयु3(अपील) / The CIT(A) 4. आयकर आयु3 / CIT– concerned 5. िवभागीय ितिनिध, आयकर अपीलीय अिधकरण, चे*ई / DR, ITAT, Chennai 6. गाड8 फाईल / Guard File आदेशानुसार / BY ORDER, उप/सहायक पंजीकार (Dy./Asstt.Registrar) आयकरअपीलीयअिधकरण, चे*ई / ITAT, Chennai