CHENNAI RHINOS PVT LTD, CHENNAI V. ITO CORPORATE WARD 1 (3), CHENNAI

ITA 764/CHNY/2018

• Counselvise Citation: [2022] 105 COUNSELVISE.COM (IT) 9489 (ITAT-CHENNAI)
• Duration Of Justice: 3 year(s) 10 month(s) 29 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 30-01-2022
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: C
• Assessment Year: 2014-2015
• Appeal Filed On: 01-03-2018
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: R. BHOOPATHY

Judgement Text

आयकर अपीलीय अिधकरण, ‘सी’ ᭠यायपीठ, चे᳖ई IN THE INCOME TAX APPELLATE TRIBUNAL ‘C’ BENCH, CHENNAI Įी महावीर ͧसंह, उपाÚय¢ एवं ᮰ी जी. मंजुनाथ, लेखा सद᭭य के समᭃ BEFORE SHRI MAHAVIR SINGH, VICE PRESIDENTAND SHRI G. MANJUNATHA, ACCOUNTANT MEMBER आयकर अपील सं./ITA No.: 764/CHNY/2018 िनधाᭅरण वषᭅ /Assessment Year: 2014-15 M/s. Chennai Rhinos Pvt. Ltd., No.112, Vairams Complex, 4 th Floor, Thyagaraya Road, T.Nagar, Chennai – 600 017. PAN: AAECC 5788N v. The Income Tax Officer, Corporate Ward-1(3), Chennai. (अपीलाथᱮ/Appellant) (ᮧ᭜यथᱮ/Respondent) अपीलाथᱮ कᳱ ओर से/Appellant by : Shri I. Dinesh, Advocate ᮧ᭜यथᱮ कᳱ ओर से/Respondent by : Shri R. Bhoopathy, Addl. CIT स ु नवाई कȧ तारȣख/Date of Hearing : 31.01.2022 घोषणा कȧ तारȣख/Date of Pronouncement : 31.01.2022 आदेश /O R D E R PER MAHAVIR SINGH, VP: This appeal filed by the assessee is directed against the order of learned Commissioner of Income Tax (Appeals)-1, Chennai in ITA No. 649/CIT(A)-1/2016-17 dated 29.12.2017 for the assessment year 2014-15. 2. At the time of hearing, the ld.AR for the assessee has filed a letter dated 29.01.2022 for withdrawal of appeal and stated that the 2 I.T.A. No..764/Chny/2018 assessee wants to utilize the Direct Taxes ‘Vivad se Vishwas Scheme, 2020’ to settle pending disputes relating to Direct Taxes and in this regard the assessee has filed Form no. 3 from the designated authority. The ld.AR has also stated that the assessee had paid the tax amount as per Form 3 and in this regard, submitted Form 4 and requested for withdrawal of appeal. Therefore, once the assessee has filed Form 3 & 4 and expressed its willingness to settle pending dispute regarding direct taxes, then there is no point in keeping appeal filed by the assessee and hence, we dismiss the appeal filed by the assessee as withdrawn subject to liberty to the assessee to get it recalled in case, the assessee does not succeed in availing the scheme i.e., Vivad Se Vishwas Scheme 2020 for whatever reason. 3. In the result, the appeal filed by the assessee is dismissed as withdrawn. Order pronounced in the open court on 31 st January, 2022 at Chennai. Sd/- Sd/- (जी. मंजुनाथ) (G. MANJUNATHA) लेखा सद᭭य /ACCOUNTANT MEMBER (महावीर ᳲसह ) (MAHAVIR SINGH) उपा᭟यᭃ /VICE PRESIDENT चे᳖ई/Chennai, ᳰदनांक/Dated, the 31 st January, 2022 RSR आदेश कᳱ ᮧितिलिप अᮕेिषत/Copy to: 1. अपीलाथᱮ/Appellant 2. ᮧ᭜यथᱮ/Respondent 3. आयकर आयुᲦ (अपील)/CIT(A) 4. आयकर आयुᲦ /CIT 5. िवभागीय ᮧितिनिध/DR 6. गाडᭅ फाईल/GF.