Shri Naveen Parmanandka, Kolkata V. A.C.I.T.,Circle-44, Kolkata

ITA 81/KOL/2020

• Counselvise Citation: [2020] 110 COUNSELVISE.COM (IT) 3523 (ITAT-KOLKATA)
• Duration Of Justice: 9 month(s) 17 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 06-11-2020
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: C
• Next Hearing Date: 27-10-2020
• Assessment Year: 2014-2015
• Appeal Filed On: 20-01-2020
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: SUPRIYO PAUL
• Assessee Lawyers: S M SURANA
• Keywords: Competent authority

Judgement Text

ITA NO. 81/KOL/2020 SHRI NAVEEN PARMANANDKA A.Y. 2014-15 1 | P A GE , C , IN THE INCOME TAX APPELLATE TRIBUNAL C BENCH: KOL KATA [BEFORE SHRI P. M. JAGTAP, VICE-PRESIDENT AND SHRI A. T. VARKEY, JM] I.T.A. NO. 81/KOL/2020 ASSESSMENT YEAR: 2014-15 SHRI NAVEEN PARMANANDKA (PAN: AINPP 1155 A ) VS. ACIT, CIRCLE-44, KOLKATA APPELLANT RESPONDENT DATE OF HEARING (VIRTUAL) 27.10.2020 DATE OF PRONOUNCEMENT 06.11.2020 FOR THE APPELLANT SHRI S. M. SURANA, ADVOCATE FOR THE RESPONDENT SHRI SUPRIYO PAUL, SR. DR ORDER PER SHRI A.T. VARKEY, JM: THIS IS AN APPEAL PREFERRED BY THE ASSESSEE AGAIN ST THE ORDER OF LD.CIT(A)-13, KOLKATA DATED 28.10.2019 FOR 2014-15. 2. AT THE OUTSET, THE LD. COUNSEL FOR THE ASSESSEE SHRI S. M. SURANA BROUGHT TO OUR NOTICE THAT THE ASSESSEE HAS OPTED FOR THE DIRE CT TAX VIVAD SE VISWAS SCHEME, 2020 (HEREINAFTER, THE SCHEME). ACCORDING TO THE COUNSEL, THE ASSESSEE IS IN THE PROCESS OF FILING DECLARATION IN FORM 1 AND 2 BEFOR E THE COMPETENT AUTHORITY. IN THE LIGHT OF THE AFORESAID SUBMISSION, SINCE THE ASSESS EE INTENDS TO OPT AND IS IN THE PROCESS OF TAKING STEPS AS PER THE SCHEME OF DIRE CT TAX VIVAD SE VISWAS SCHEME, 2020, THERE IS NO POINT IS KEEPING THE IMPUGNED APP EAL PENDING. 3. IN THE LIGHT OF THE AFORESAID DISCUSSION, WE TRE AT THIS SUBMISSION INFORMING US THE FACT THAT ASSESSEE IS CONTEMPLATING TO OPT FOR THE SCHEME BY FILING FORM-1 & FORM- 2, SO WE ALLOW THE ASSESSEE TO WITHDRAW THE CAPTION ED APPEAL. IN CASE, IF THE ITA NO. 81/KOL/2020 SHRI NAVEEN PARMANANDKA A.Y. 2014-15 2 | P A GE COMPETENT AUTHORITY AS PER THE SCHEME DOES NOT ACCE PT THE ASSESSEES ACTION OF FILING FORM 1 AND 2 OF THE VIVAD SE VISWAS SCHEME, 2020, O R IF THE ASSESSEE CHANGES HIS MIND, NOT TO OPT FOR THE SCHEME, THEN THE ASSESSEE IS AT LIBERTY TO MOVE APPLICATIONS FOR RECALLING THIS ORDER. WITH THE AFORESAID CAVEAT, WE ALLOW THE ASSESSEE TO WITHDRAW THE CAPTIONED APPEAL. 4. NEEDLESS TO SAY THAT OUR AFORESAID ACTION ALLOWI NG THE ASSESSEE TO WITHDRAW THE APPEAL, WILL NOT PRECLUDE THE COMPETENT AUTHORITY O F REVENUE TO ACCEPT THE ASSESSEES SAID OPTION / SCHEME FOR AVAILING VIVAD SE VISWAS SCHEME, 2020. 5. IN THE RESULT, APPEAL OF THE ASSESSEE IS DISMIS SED AS WITHDRAWN. ORDER IS PRONOUNCED IN THE OPEN COURT ON 06.11.202 0. SD/- SD/- (J(( (P. M. JAGTAP) (A. T. VARKEY) VICE PRESIDENT JUDICIAL MEMBER DATED: 06.11.2020 SB, SR. PS COPY OF THE ORDER FORWARDED TO: 1. APPELLANT- SHRI NAVEEN PARMANANDKA, C/O, TIRUPATI Y ARN TRADERS, SARASWATI PLAZA, 3 RD FLOOR, 14/3, RUPCHAND ROY STREET, BURRABAZAR, KOLK ATA. 2. RESPONDENT- ACIT, CIRCLE-44, KOLKATA 3. THE CIT(A)- 13, KOLKATA (SENT THROUGH E-MAIL) 4. CIT- , KOLKATA 5. DR, KOLKATA BENCHES, KOLKATA (SENT THROUGH E-MAIL) TRUE COPY BY ORDER ASSISTANT REGISTRAR ITAT, KOLKATA BENCHES, KOLKATA