M/s Pranshu Foods Pvt. Ltd., Sangrur V. ITO, Ward, Sunam

ITA 74/CHANDI/2019

• Counselvise Citation: [2020] 110 COUNSELVISE.COM (IT) 7070 (ITAT-CHANDIGARH)
• Duration Of Justice: 1 year(s) 7 month(s) 15 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 08-09-2020
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: SMC
• Next Hearing Date: 08-09-2020
• Assessment Year: 2014-2015
• Appeal Filed On: 23-01-2019
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: DAYA INDER SINGH SIDHU CIT

Judgement Text

, , IN THE INCOME TAX APPELLATE TRIBUNAL, CHANDIGARH BE NCH A, CHANDIGARH (VIRTUAL COURT) .., !' '# $, % &' BEFORE: SHRI. N.K.SAINI, VP & SHRI , SANJAY GARG, J M ITA NO. 74/CHD/2019 ASSESSMENT YEAR : 2014-15 M/S PRANSHU FOODS PVT LTD., DEHLA ROAD, MOONAK, DISTT.SANGRUR THE ITO, WARD SUNAM PAN NO: AAHCP4131D APPELLANT RESPONDENT !' ASSESSEE BY : SHRI PARIKSHIT AGGARWAL, CA #!' REVENUE BY : SHRI DAYA INDER SINGH SIDHU, ADDL . CIT $ %! & DATE OF HEARING : 08/09/2020 '()*! & DATE OF PRONOUNCEMENT : 08/09/2020 &(/ ORDER PER N.K. SAINI, VICE PRESIDENT THIS IS AN APPEAL FILED BY THE ASSESSEE AGAINST THE OR DER OF THE LD. CIT(A), PATIALA DT. 21.12.2018. 2. THE LD. COUNSEL FOR THE ASSESSEE FURNISHED AN APPL ICATION FOR WITHDRAWAL OF THIS APPEAL STATING THEREIN AS UNDER: DATE: 03.09.2020 BEFORE THE HON'BLE INCOME TAX APPELLATE TRIBUNAL, BENCH SMC, CHANDIGARH. SUBJECT - PRAYER FOR PERMISSION TO WITHDRAW THE APP EAL IN ITA NO. 74/CHANDI/2019 IN THE CASE OF M/S PRANSHU FOODS PVT LTD, DEHLA ROAD, MOONAK DISTT. SANGRUR, PAN- AAHCP4 131D FOR AY 2014-15, FIXED FOR HEARING ON 08.09.2020. HON'BLE BENCH, KINDLY REFER TO THE MATTER CITED AS SUBJECT ABOVE. THE APPEAL IN THE CASE OF THE ABOVE CITED ASSESSEE IS F IXED FOR HEARING ON 08.09.2020 BEFORE THE HON'BLE BENCH. WE HAVE BEEN DIRECTED BY THE ASSESSEE TO MOST RESPECTFULLY SUBMIT THAT IN RESPECT OF ITS APPEAL IT HAD FILED DECLARAT ION UNDER VIVAD SE VISHWAS SCHEME, 2020 WHEREBY THE WORTHY PR . CIT HAS ISSUED CERTIFICATE IN P'ORM 3. COPY OF THE SAME IS ATTACHED HEREWITH. IT IS, THEREFORE, MOST HUMBLY AND RESPECTFULLY PRAYED THAT THE PERMISSION MAY PLEASE BE GRANTED FOR WITHDRAWAL OF APPEAL. WE SHALL BE HIGHL Y OBLIGED. 2 THANKING YOU, YOURS FAITHFULLY, SD/- (PARIKSHIT AGGARWAL) CHARTERED ACCOUNTANT COUNSEL FOR THE ASSESSEE 3. DURING THE COURSE OF HEARING THE LD. COUNSEL FOR THE ASSESSEE SUBMITTED THAT SINCE THE ASSESSEE HAS AVAILED THE IMMUNITY SCHE ME I.E; VIVAD SE VISHWAS AND THE INCOME TAX DEPARTMENT HAS SINCE ISSUED FORM 3 BEARING CERTIFICATE NO. 471772150180820 IN RESPONSE TO THE APPLICATION FILED BY THE ASSESSEE, UNDER SECTION 5(1) OF THE DIR ECT TAX VIVAD SE VISHWAS ACT, 2020, THEREFORE THE APPEAL OF THE ASSESSEE MAY BE ALLOWED TO BE WITHDRAWN. 4. THE LD. SR. DR DID NOT OBJECT IF APPEAL OF THE ASS ESSEE IS DISMISSED AS WITHDRAWN. 5. IN VIEW OF THE ABOVE THE APPEAL OF THE ASSESSEE IS DISMISSED AS WITHDRAWN. 6. IN THE RESULT, APPEAL OF THE ASSESSEE IS DISMISSE D. (ORDER PRONOUNCED IN THE OPEN COURT ON 08/09/2020) SD/- SD/- '# $ .., (SANJAY GARG ) ( N.K. SAIN I) % &'/ JUDICIAL MEMBER / VICE PRESIDENT DATE: 08.09.2020 RKK (+! ,-.- COPY OF THE ORDER FORWARDED TO : 1. THE APPELLANT 2. THE RESPONDENT 3. $ / CIT 4. $ / 01 THE CIT(A) 5. -2 45&456789 DR, ITAT, CHANDIGARH 6. 8:% GUARD FILE