Silverline Technospin Limited, Navsari V. Income Tax Officer, Ward - 5, Navsari

ITA 76/SRT/2018

• Counselvise Citation: [2021] 108 COUNSELVISE.COM (IT) 4482 (ITAT-SURAT)
• Duration Of Justice: 3 year(s) 3 month(s) 18 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 24-05-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: SMC
• Assessment Year: 2014-2015
• Appeal Filed On: 05-02-2018
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: ANUPAMA SINGLA
• Assessee Lawyers: SUJESH SURATWALA

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL, SURAT BENCH, SURAT BEFORE SHRI PAWAN SINGH, JUDICIAL MEMBER AND DR. ARJUN LAL SAINI, ACCOUNTANT MEMBER ITA NOS. 76/SRT/2018 (AY: 2014-15) ( VIRTUAL COURT HEARING) SILVERLINE TEOCHNOSPIN LIMITED, SHED 216/A, FACE-1, GIDC, KABILPORE, NAVSARI, GUJARAT-396445. PAN : AAJCS1313A VS. THE ITO, WARD-5, NAVSARI. APPELLANT RESPONDEDNT APPELLANT BY SHRI SUJESH SURATWALA, CA RESPONDENT BY MS ANUPAMA SINGLA, SR. DR DATE OF HEARING 24/05/2021 DATE OF PRONOUNCEMENT 24/05/2021 O R D E R PER DR. A. L. SAINI, ACCOUNTANT MEMBER : AT THE OUTSET ITSELF, SHRI SUJESH SURATWALA, LEARNED COUNSEL FOR THE ASSESSEE, SUBMITTED BEFORE THE BENCH THAT ASSESSEE HAS OPTED THE BENEFIT OF THE DIRECT TAX VIVAD SE VISHWAS ACT, 2020 . A COPY OF FORM NO. 3 UNDER THE DIRECT TAX VIVAD SE VISHWAS ACT, FILED BY THE ASSESSEE IN THE INCOME TAX DEPARTMENT ON 12.12.2020 WAS ALSO PLACED BEFORE THE BENCH. THE ASSESSEE, BY WAY OF A LETTER DATED 20.01.2021, SUBMITTED THAT HE HAS PRAYED FOR WITHDRAWAL OF THIS APPEAL TO WHICH, THE LEARNED DEPARTMENTAL REPRESENTATIVE (IN SHORT THE LD. DR) DID NOT RAISE ANY OBJECTION. 2. WE HAVE HEARD BOTH THE PARTIES AND GONE THROUGH THE FORM NO.3 ALONG WITH ACKNOWLEDGEMENT NO.809688390121220 FILED BY THE ASSESSEE TO OBTAIN THE BENEFIT OF VIVAD SE VISHWAS SCHEME AND NOTED THAT ASSESSEE HAS PRAYED FOR WITHDRAWAL OF THIS APPEAL. THE LD. DR FOR THE REVENUE DID NOT HAVE ANY OBJECTION IF THIS SAID APPEAL IS WITHDRAWN BY THE ASSESSEE. CONSEQUENTLY, WE TREAT THIS APPEAL AS WITHDRAWN. THE ASSESSING OFFICER IS DIRECTED TO PASS THE CONSEQUENTIAL ORDER AS PER CBDT CIRCULAR NO.03/2021 DATED 04.03.2021. 2 ITA.76/SRT/2018 ASSESSMENT YEAR. 2014-15 SILVERLINE TEOCHNOSPIN LTD. 3. IN THE RESULT, THE APPEAL OF THE ASSESSEE (IN ITA NO.76/SRT/2018 FOR AY. 2014-15) IS DISMISSED AS WITHDRAWN. ORDER PRONOUNCED ON 24/05/2021 AT THE TIME OF VIRTUAL COURT HEARING. SD/- SD/- (PAWAN SINGH) (DR. A. L. SAINI) JUDICIAL MEMBER ACCOUNTANT MEMBER SURAT, DATED: 24/05/2021 SAMANTA COPY TO: 1. APPELLANT 2. RESPONDENT 3. CIT(A) 4. CIT 5. DR 6. GUARD FILE /TRUE COPY/ // TRUE COP// BY ORDER // TRUE COPY // ASSISTANT REGISTRAR/SR. PS/PS ITAT, SURAT