M/s Punjab Distillers & Bottlers (P) Ltd., Chandigarh V. DCIT, Ludhiana

ITA 780/CHANDI/2017

• Counselvise Citation: [2020] 110 COUNSELVISE.COM (IT) 4032 (ITAT-CHANDIGARH)
• Duration Of Justice: 3 year(s) 5 month(s) 22 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 27-10-2020
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: Not Allotted
• Assessment Year: 2006-2007
• Appeal Filed On: 05-05-2017
• 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 B, CHANDIGARH (VIRTUAL COURT) .., ! '# #$ %, & '( BEFORE: SHRI. N.K.SAINI, VP & SHRI , SANJAY GARG, J M ITA NO. 780/CHD/2017 ASSESSMENT YEAR : 2006-07 M/S PUNJAB DISTILLERS & BOTTLERS (P) LTD. SCO 140-141, SECTOR-34A, CHANDIGARH THE DCIT CENTRAL CIRCLE II, LUDHIANA PAN NO: AACCP1981A APPELLANT RESPONDENT !' ASSESSEE BY : SHRI SUDHIR SEHGAL, ADVOCATE #!' REVENUE BY : SHRI DAYA INDER SINGH SIDHU, ADDL . CIT $ %! & DATE OF HEARING : 27/10/2020 '()*! & DATE OF PRONOUNCEMENT : 27/10/2020 ')/ ORDER PER SANJAY GARG, JUDICIAL MEMBER: THIS IS AN APPEAL FILED BY THE ASSESSEE AGAINST THE ORDER OF THE LD. CIT(A)-5, LUDHIANA DT. 01/02/2017. 2. ASSESSEE FURNISHED AN APPLICATION FOR WITHDRAWAL OF THE APPEAL STATING THEREIN AS UNDER: SUB:- SETTLEMENT OF APPEAL NO. ITA 780/CHANDI/2017 DATED 05.05.2017 UNDER INCOME TAX VIVAD SE VISHWAS SCHEME (VSVS), 2020 PAN NO: AACCP1981A RESPECTED SIR/MADAM THIS IS WITH REFERENCE TO ONGOING HEARING OF APPEAL NO. ITA 7807CHANDI/2017 FILED BY M/S PUNJAB DISTILLERS & BOTTLERS PVT LTD W ITH HON'BLE ITAT CHANDIGARH DATED 05.05.2017 AGAINST THE ASSESSMENT ORDER OF CIT(A)-5 LUDHIANA, THE OUTCOME OF WHICH IS YET TO BE DECIDED. IN THIS REGARDS WE WANT TO SUBMIT THAT OUR COMPANY HAS DECIDED TO SETTLE THIS APPEAL UNDER INCOME TAX VIVAD SE VISHWAS SCHEME (VSVS) 2020 AND HAS FILED APPLICATION IN FORM 1& 2 (COPY ENCLOSED VIDE ANNEXURE-I) WITH PCIT (CENTRAL) LUDHIANA DATED 27.0 6.2020 WHICH WAS DULY ACCEPTED BY PCIT (CENTRAL) LUDHIANA AND ACCORDINGLY FORM-3 WAS ISSUED BY PCIT (CENTRAL) LUDHIANA DATED 05.08.2020 (COPY ENCLOSED VIDE ANNEXURE-I(A). 2 HENCE, WE WISH TO WITHDRAW APPEAL NO. ITA 780/CHAND I/2017 FILED WITH HON'BLE ITAT CHANDIGARH AND SETTLE THIS APPEAL UNDER VSVS S CHEME, 2020, THEREFORE YOU REQUESTED TO KINDLY ACKNOWLEDGE THE SAME. THANKING YOU, YOURS FAITHFULLY FOR PUNJAB DISTILLERS 8 B BOTTLERS PVT LTD SD/- (DIRECTOR) SH. JATINDER ARORA 3. DURING THE COURSE OF HEARING THE LD. COUNSEL FOR THE ASSESSEE SUBMITTED THAT SINCE THE ASSESSEE HAS AVAILED THE IMMUNITY SC HEME I.E; VIVAD SE VISHWAS AND THE INCOME TAX DEPARTMENT HAS ISSUED FORM 3 BEA RING CERTIFICATE NO. 442855760050820, IN RESPONSE TO THE APPLICATION FIL ED BY THE ASSESSEE, UNDER SECTION 5(1) OF THE DIRECT TAX VIVAD SE VISHWAS ACT , 2020, THEREFORE THE APPEAL OF THE ASSESSEE MAY BE ALLOWED TO BE WITHDRAWN. 4. THE LD. DR DID NOT OBJECT IF APPEAL OF THE ASSES SEE 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 DISMISS ED. (ORDER PRONOUNCED IN THE OPEN COURT ON 27/10/2020) SD/- SD/- .., #$ % ( N.K. SAINI) (SANJAY GARG ) ! / VICE PRESIDENT & '(/ JUDICIAL MEMBER AG DATE: 27/10/2020 (+! ,-.- 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