Premium Transmission Limited, Pune V. Deputy Commissioner of Income Tax, Pune

ITA 806/PUN/2017

• Counselvise Citation: [2021] 109 COUNSELVISE.COM (IT) 3920 (ITAT-PUNE)
• Duration Of Justice: 3 year(s) 10 month(s) 26 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 01-03-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: A
• Assessment Year: 2012-2013
• Appeal Filed On: 05-04-2017
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Section: 201

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL B BENCH, PUN E (THROUGH VIRTUAL COURT) BEFORE SHRI WASEEM AHMED, AM AND SHRI PARTHA SARATHI CHAUDHURY, JM . / ITA NO.1481/PUN/2017 / ASSESSMENT YEAR : 2011-12 M/S. PREMIUM TRANSMISSION LTD., ....... / APPELLANT PREMIUM HOUSE, MUMBAI PUNE ROAD, CHINCHWAD 411 019. PAN : AADCP2916N. / V/S. THE JOINT COMMISSIONER OF INCOME TAX, RANGE 10, PUNE. / RESPONDENT . / ITA NO.806/PUN/2017 / ASSESSMENT YEAR : 2012-13 M/S. PREMIUM TRANSMISSION LTD., ..... / APPELLANT PREMIUM HOUSE, MUMBAI PUNE ROAD, CHINCHWAD 411 019. PAN : AADCP2916N. / V/S. THE DY. COMMISSIONER OF INCOME TAX, CIRCLE 10, PUNE. / RESPONDENT ASSESSEE BY : NONE. (WITHDRAWAL APPLICATION FILED). REVENUE BY : SHRI SUDHENDU DAS. / DATE OF HEARING : 29.01.2021 / DATE OF PRONOUNCEMENT : 01.03.2021 2 / ORDER PER BENCH : THE APPEALS FILED BY THE ASSESSEE ARE DIRECTED AGAINST THE ORDER OF THE LD. COMMISSIONER OF INCOME TAX (APPEALS) 9, PUNE DATED 2 4.02.2017 FOR THE ASSESSMENT YEAR 2011-12 AND THE ORDER OF LD. COMMIS SIONER OF INCOME TAX (APPEALS) 6, PUNE DATED 30.12.2016 FOR THE ASSESSMENT YEAR 201 2-13. 2. BEFORE US, THE APPELLANT FILED A LETTER DT.29.01.2021 S EEKING PERMISSION TO WITHDRAW THE CAPTIONED APPEALS ON THE GROUND THAT THE ISSUE INVOLVED IN THESE APPEALS STAND SETTLED UNDER THE VIVAD SE VISHWA S SCHEME, 2020 AND THE SAID APPLICATIONS ARE IN PROCESS AND FORM 3 IS AWAITED . THE ASSESSEE IS READY TO WITHDRAW THE APPEALS UNDER THE CIRCUMSTANCE S IF A CONDITIONAL ORDER IS PASSED TO THAT EFFECT. 3. THE LD. DR HAS NO OBJECTION IN CASE THE ASSESSEE WISH ES TO WITHDRAW THE APPEALS. 4. IN VIEW OF THE REQUEST MADE BY THE ASSESSEE, WE PE RMIT THE ASSESSEE TO WITHDRAW THE APPEALS. HOWEVER, IF THE RESPONDENT DEPAR TMENT DISAPPROVES THE APPLICATION OF THE ASSESSEE FILED UNDER VIVAD SE VISHWAS SCHEME, THE ASSESSEE IS AT LIBERTY TO FILE AN APPLICATION TO RESTORE TH E APPEALS BEFORE THIS TRIBUNAL. 5. IN THE RESULT, THE TWO APPEALS OF THE ASSESSEE ARE DISMISSED AS WITHDRAWN. ORDER PRONOUNCED ON THIS 1 ST DAY OF MARCH, 2021. SD/- SD/- (PARTHA SARATHI CHAUDHURY) (WASEEM AHMED) / JUDICIAL MEMBER / ACCOUNTANT MEMBER / PUNE; / DATED : 1 ST MARCH, 2021 YAMINI 3 / COPY OF THE ORDER FORWARDED TO : 1. / THE APPELLANT. 2. / THE RESPONDENT. 3. THE CIT(A)-6, PUNE & CIT(A) 9, PUNE. 4. THE PR.CIT-5, PUNE. 5. , , , / DR, ITAT, B BENCH, PUNE. 6. ! / GUARD FILE. / BY ORDER, // TRUE COPY // SENIOR PRIVATE SECRETARY , / ITAT, PUNE.