Vikash Singhania, Kolkata V. I.T.O., Ward-51(4), Kolkata

ITA 778/KOL/2019

• Counselvise Citation: [2021] 109 COUNSELVISE.COM (IT) 7299 (ITAT-KOLKATA)
• Duration Of Justice: 1 year(s) 9 month(s) 10 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 22-01-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: SMC
• Assessment Year: 2015-2016
• Appeal Filed On: 12-04-2019
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Section: 250; 22

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL B (VIRTUAL COURT HEARING), BENCH KOLKATA BEFORE SRI J. SUDHAKAR REDDY, ACCOUNTANT MEMBER & SRI SANJAY GARG, JUDICIAL MEMBER I.T.A. NO.1660&1661/KOL/2019 ASSESSMENT YEAR: 2010-11 & 2011-12 SRI SUSHIL KUMAR BENGANI..................................APPELLANT 10, CLIVE ROW, 4 TH FLOOR, KOLKATA -1. [PAN : AAZPB9167E] ITO, WARD-36(2), KOLKATA.....RESPONDENT I.T.A. NO.2001/KOL/2019 ASSESSMENT YEAR: 2015-16 SRI PUNIT GOYAL, LEGAL HEIR OF LATE SMT. JYOTI GOYAL........................... ..APPELLANT SARVAMANGALA HOUSE, 5, DR. RAJENDRA PRASAD SARANI, ROOM NO.8JA, 8 TH FLOOR, AREA-DALHOUSIE, KOLKATA-1. [PAN : ALRPJ9881A] ITO, WARD-35(2), KOLKATA.....RESPONDENT I.T.A. NO.1894/KOL/2019 ASSESSMENT YEAR: 2015-16 SMT. BELA DEVI GOYAL..................................APPELLANT SARVAMANGALA HOUSE, 5, DR. RAJENDRA PRASAD SARANI, ROOM NO.8JA, 8 TH FLOOR, AREA-DALHOUSIE, KOLKATA-1. [PAN : AGRPG3735H] ITO, WARD-34(1), KOLKATA.....RESPONDENT I.T.A. NO.780/KOL/2019 ASSESSMENT YEAR: 2015-16 MANISH SINGHANIA..................................APPELLANT GD-278, SALT LAKE CITY, SECTOR-III, KOLKATA 700106. [PAN : AYWPS1955J] ITO, WARD-51(2), KOLKATA.....RESPONDENT I.T.A. NO.778/KOL/2019 ASSESSMENT YEAR: 2015-16 VIKASH SINGHNIA..................................APPELLANT GD-278, SALT LAKE CITY, SECTOR-III, KOLKATA 700106. 2 I.T.A. NO.1660,1661,2001,1894,780,778,776,774,772,770&595/KOL/2019 SRI SUSHIL KUMAR BENGANI, SRI PUNIT GOYAL, SMT. BELA DEVI GOYAL, MANISH SINGHANIA, VIKASH SINGHNIA, SHWETA SINGHANIA, SUMIT SINGHANIA, RAJSHREE SINGHANIA, NARAYAN PRASAD SINGHANIA, BHIKHAM CHAND BARMECHA [PAN : ANMPS1900J] ITO, WARD-51(4), KOLKATA.....RESPONDENT I.T.A. NO.776/KOL/2019 ASSESSMENT YEAR: 2015-16 SHWETA SINGHANIA..................................APPELLANT GD-278, SALT LAKE CITY, SECTOR-III, KOLKATA 700106. [PAN :AYWPS1954K] ITO, WARD-51(2), KOLKATA.....RESPONDENT I.T.A. NO.774/KOL/2019 ASSESSMENT YEAR: 2015-16 SUMIT SINGHANIA..................................APPELLANT GD-278, SALT LAKE CITY, SECTOR-III, KOLKATA 700106. [PAN : ANMPS1899L] ITO, WARD-51(4), KOLKATA.....RESPONDENT I.T.A. NO.772/KOL/2019 ASSESSMENT YEAR: 2015-16 RAJSHREE SINGHANIA..................................APPELLANT GD-278, SALT LAKE CITY, SECTOR-III, KOLKATA 700106. [PAN : ANMPS1901K] ITO, WARD-51(2), KOLKATA.....RESPONDENT I.T.A. NO.770/KOL/2019 ASSESSMENT YEAR: 2015-16 NARAYAN PRASAD SINGHANIA..................................APPELLANT GD-278, SALT LAKE CITY, SECTOR-III, KOLKATA 700106. [PAN :AJAPS0254M] ITO, WARD-51(4), KOLKATA.....RESPONDENT I.T.A. NO.595/KOL/2019 ASSESSMENT YEAR: 2015-16 BHIKHAM CHAND BARMECHA..................................APPELLANT 11, POLLOCK STREET, 3 RD FLOOR, KOLKATA -1. [PAN : AEAPB0988A] ITO, WARD-34(1), KOLKATA.....RESPONDENT 3 I.T.A. NO.1660,1661,2001,1894,780,778,776,774,772,770&595/KOL/2019 SRI SUSHIL KUMAR BENGANI, SRI PUNIT GOYAL, SMT. BELA DEVI GOYAL, MANISH SINGHANIA, VIKASH SINGHNIA, SHWETA SINGHANIA, SUMIT SINGHANIA, RAJSHREE SINGHANIA, NARAYAN PRASAD SINGHANIA, BHIKHAM CHAND BARMECHA APPEARANCES BY: NONE SHRI SUPRIYO PAUL, ADDL. CIT, DR, APPEARED ON BEHALF OF THE RESPONDENT. DATE OF CONCLUDING THE HEARING : JANUARY 08, 2021 DATE OF PRONOUNCING THE ORDER : JANUARY 22, 2021 ORDER PER BENCH:- ALL THESE APPEALS FILED BY THE ASSESSEE ARE DIRECTED AGAINST THE SEPARATE ORDERS OF THE LD. COMMISSIONER OF INCOME TAX (APPEALS) (HEREINAFTER THE LD. CIT(A)) PASSED U/S 250 OF THE INCOME TAX ACT, 1961 (THE ACT). 2. THESE ASSESSEES HAVE SEPARATELY FILED APPLICATIONS FOR WITHDRAWAL OF THE APPEALS AS THEY ARE OPTING FOR AVAILING THE VIVAD SE VISHWAS SCHEME . THE ASSESSEES WANTED AN ADJOURNMENT OR IN THE ALTERNATIVE PLEADED FOR PROTECTION THAT, IF ITS APPLICATIONS UNDER THE SCHEME ARE REJECTED BY THE AUTHORITIES, THESE APPEALS MAY BE RESTORED. THE ASSESSEES SUBMITTED THAT IF SUCH AN ASSURANCE IS RECORDED IN THE ORDER, THEY WOULD WITHDRAW THESE APPEALS BEFORE THE TRIBUNAL WITHOUT WAITING FOR FORMAL ORDERS OF THE INCOME TAX DEPARTMENT ACCEPTING THEIR APPLICATIONS UNDER THE SCHEME. THE LD. D/R HAD NO OBJECTION. 3. AFTER HEARING THE LD. DR, WE DISMISS ALL THESE APPEALS AS WITHDRAWN WITH A CONDITION THAT THESE APPEALS SHALL BE RESTORED BACK TO THE FILE OF ITAT, IN CASE THE AUTHORITIES DO NOT APPROVE OF THE APPLICATIONS FILED BY THE DIFFERENT ASSESSEES FOR RESOLUTION OF THE DISPUTE UNDER VIVAD SE VISHWAS SCHEME. 4. IN THE RESULT, ALL THE APPEALS OF THE ASSESSEES ARE DISMISSED AS WITHDRAWN. KOLKATA, THE 22 ND JANUARY, 2021. SD/- SD/- [ SANJAY GARG ] [J. SUDHAKAR REDDY] JUDICIAL MEMBER ACCOUNTANT MEMBER DATED : 22.01.2021 RS 4 I.T.A. NO.1660,1661,2001,1894,780,778,776,774,772,770&595/KOL/2019 SRI SUSHIL KUMAR BENGANI, SRI PUNIT GOYAL, SMT. BELA DEVI GOYAL, MANISH SINGHANIA, VIKASH SINGHNIA, SHWETA SINGHANIA, SUMIT SINGHANIA, RAJSHREE SINGHANIA, NARAYAN PRASAD SINGHANIA, BHIKHAM CHAND BARMECHA COPY OF THE ORDER FORWARDED TO: 1 . (I) SRI SUSHIL KUMAR BENGANI, (II) SRI PUNIT GOYAL, (III) SMT. BELA DEVI GOYAL, (IV) MANISH SINGHANIA, (V) VIKASH SINGHNIA, (VI) SHWETA SINGHANIA, (VII) SUMIT SINGHANIA, (VIII) RAJSHREE SINGHANIA, (IX) NARAYAN PRASAD SINGHANIA, (X) BHIKHAM CHAND BARMECHA 2. (I) ITO, WARD-36(2), KOLKATA (II) ITO, WARD-35(2), KOLKATA (III) ITO, WARD-34(1), KOLKATA (IV) ITO, WARD-51(2), KOLKATA (V) ITO, WARD-51(4), KOLKATA (VI) ITO, WARD-34(1), KOLKATA 3. CIT(A)- 4. CIT- , 5. CIT(DR), TRUE COPY BY ORDER ASSISTANT REGISTRAR , KOLKATA BENCHES