M/s Q Two Systems India Pvt. Ltd., Mohali V. DCIT, Mohali

ITA 865/CHANDI/2017

• Counselvise Citation: [2021] 109 COUNSELVISE.COM (IT) 1452 (ITAT-CHANDIGARH)
• Duration Of Justice: 3 year(s) 8 month(s) 16 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 11-02-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: Not Allotted
• Assessment Year: 2007-2008
• Appeal Filed On: 25-05-2017
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: ASHOK KHANNA CIT
• Assessee Lawyers: VINEET THAKRAL

Judgement Text

, , IN THE INCOME TAX APPELLATE TRIBUNAL, CHANDIGARH BE NCH B, CHANDIGARH (VIRTUAL COURT) .., ! '# .. , $ %& BEFORE: SHRI. N.K.SAINI, VP & SHRI , R.L. NEGI, JM ITA NO.865/ CHD/2017 ASSESSMENT YEAR : 2007-08 M/S Q TWO SYSTEMS INDIA PVT. LTD. (FORMERLY QUARK SYSTEMS PRIVATE LIMITED) A-45 PHASE VIIIB, INDUSTRIAL AREA, MOHALI THE DCIT CIRCLE 6(1) MOHALI PAN NO: AAACQ0526E APPELLANT RESPONDENT ITA NO.1377/ CHD/2010 ASSESSMENT YEAR : 2006-07 M/S QUARK SYSTEM INDIA PVT. LTD. MOHALI THE DCIT CIRCLE 6(1) MOHALI PAN NO: AAACQ0526E APPELLANT RESPONDENT ITA NO.531/ CHD/2017 ASSESSMENT YEAR : 2010-11 M/S Q TWO SYSTEMS PVT. LTD. (FORMERLY QUARK SYSTEMS PRIVATE LIMITED) A-45 PHASE VIIIB, INDUSTRIAL AREA, MOHALI THE DCIT CIRCLE 6(1) MOHALI PAN NO: AAACQ0526E APPELLANT RESPONDENT !' ASSESSEE BY : SHRI VINEET THAKRAL, ADVOCATE #!' REVENUE BY : SHRI ASHOK KHANNA, ADDL. CIT $ %! & DATE OF HEARING : 11/02/2021 '()*! & DATE OF PRONOUNCEMENT : 11/02/2021 2 %'/ ORDER PER N.K. SAINI, VICE PRESIDENT ALL THE ABOVE APPEALS FILED BY THE ASSESSEE ARE DIR ECTED AGAINST THE SEPARATE ORDERS OF DIFFERENT LD. COMMISSIONERS OF I NCOME TAX (APPEAL) AND DISPUTE RESOLUTION PANEL-II AT VARIOUS STATIONS AS PER FOLLOWING DETAILS: SL.NO. APPEAL NO. NAME OF CASE CIT(APPEAL / S ) OR DER DT. 1. ITA NO. 865/CHD/2017 M/S Q TWO SYSTEMS INDIA PVT. LTD. CIT(A)-2, CHANDIGARH 16/03/2017 2. ITA NO. 1377/CHD/2010 M/S QUARK SYSTEM INDIA PVT. LTD. DISPUTE RESOLUTION PANEL-II, NEW DELHI 29/09/2010 3. ITA NO. 531/CHD/2017 M/S Q TWO SYSTEMS PVT. LTD. CIT(A)-2, CHANDIGARH 23/01/2017 2. IN ALL THE ABOVE APPEALS THE LD. COUNSEL FOR THE ASSESSEES FURNISHED SEPARATE APPLICATIONS FOR WITHDRAWAL OF THE APPEALS . 3. DURING THE COURSE OF HEARING THE LD. COUNSEL FOR THE ASSESSEES SUBMITTED THAT SINCE THE ASSESSEES HAVE AVAILED THE IMMUNITY SCHEME I.E; VIVAD SE VISHWAS AND T HE INCOME TAX DEPARTMENT HAS ISSUED FORM NO. 3 / 5, IN RESPONSE TO THE APPLICATIONS FILED BY THE ASSESSEE, UNDER SECTION 5(1) OF THE DIRECT TAX VIVAD SE VISHWAS ACT, 2020, THEREFORE TH E APPEALS OF THE ASSESSEES MAY BE ALLOWED TO BE WITHDRAWN. THE DETAILS OF ABOV E SAID CERTIFICATES ARE AS UNDER: SL.NO. APPEAL NO. NAME OF CASE CERTIFICATE NO. 1. ITA NO. 865/CHD/2017 M/S Q TWO SYSTEMS INDIA PVT. LTD. 230805290280121 2. ITA NO. 1377/CHD/2010 M/S QUARK SYSTEM INDIA PVT. LTD. 230809510280121 3. ITA NO. 53 1/CHD/2017 M/S Q TWO SYSTEMS PVT. LTD. 230825290280121 3 4. THE LD. DR DID NOT OBJECT IF THE ABOVE APPEALS O F THE ASSESSEES ARE DISMISSED AS WITHDRAWN. 5. IN VIEW OF THE ABOVE THE APPEALS OF THE ASSESSEE ARE DISMISSED AS WITHDRAWN. 6. IN THE RESULT, APPEALS OF THE ASSESSEES ARE DISM ISSED. ORDER PRONOUNCED ON 11/02/2021. SD/- SD/- .. .., (R.L. NEGI ) ( N.K. SAIN I) $ %&/ JUDICIAL MEMBER ! / VICE PRESIDENT AG DATE: 11/02/2021 (+! ,-.- 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