VENKATARAMAN GANESH, CHENNAI V. ACIT,NCC-16(1), Chennai

ITA 871/CHNY/2020

• Counselvise Citation: [2022] 105 COUNSELVISE.COM (IT) 0497 (ITAT-CHENNAI)
• Duration Of Justice: 1 year(s) 7 month(s) 2 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 30-05-2022
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: C
• Assessment Year: 2016-2017
• Appeal Filed On: 28-10-2020
• Result in Favour of: Revenue
• Court: TRIBUNAL

Judgement Text

आयकर अपीलीय अिधकरण, ‘सी’ Ɋायपीठ, चेɄई IN THE INCOME-TAX APPELLATE TRIBUNAL ‘C’ BENCH, CHENNAI ŵी वी. दुगाŊ राव, Ɋाियक सद˟ एवं ŵी मनोज कु मार अŤवाल, लेखा सद˟ के समƗ । Before Shri V. Durga Rao, Judicial Member & Shri Manoj Kumar Aggarwal, Accountant Member आयकर अपील सं./I.T.A. No.871/Chny/2020 िनधाŊरण वषŊ/Assessment Year: 2016-17 Shri Venkatraman Ganesh, 9 (Second Floor), Cenotaph Castle,, Cenotaph Road First Lane, Chennai 600 018. [PAN:ABDPG2818C] Vs. The Assistant Commissioner of Income Tax, Non Corporate Circle 16(1), Chennai. (अपीलाथŎ/Appellant) (ŮȑथŎ/Respondent) अपीलाथŎ की ओर से / Appellant by : Shri Shrenik Chordia, C.A. for Shri B. Ramakrishnan, F.C.A ŮȑथŎ की ओर से/Respondent by : Shri P. Sajit Kumar, JCIT सुनवाई की तारीख/ Date of hearing : 31.05.2022 घोषणा की तारीख /Date of Pronouncement : 31.05.2022 आदेश /O R D E R PER V. DURGA RAO, JUDICIAL MEMBER: This appeal filed by the assessee is directed against the order of the ld. Commissioner of Income Tax (Appeals) 4, Chennai dated 31.08.2020 relevant to the assessment year 2016-17. 2. When the appeal was taken up for hearing, by filing Form-5 issued by the designating authority through letter dated 11.04.2022 of the assessee, the ld. Counsel for the assessee has submitted that the I.T.A. No.871/Chny/20 2 assessee has opted to avail the Vivad-se-Vishwas Scheme 2020 and the disputed tax has been settled. Therefore, the ld. Counsel sought for permission to withdraw the appeal filed by the assessee. 3. The ld. DR has not raised any objection to the submissions of the ld. Counsel. 4. We have heard both the sides, perused Form-5 issued by the Designated Authority and the disputed tax matter has already been settled by issuing Form-5 by the Designated Authority dated 23.04.2021. Thus, the appeal filed by the assessee is liable to be dismissed. Since the ld. Counsel sought for permission to withdraw the appeal of the assessee, the appeal filed by the assessee is dismissed as withdrawn. 5. In the result, the appeal filed by the assessee is dismissed. Order pronounced on 31 st May, 2022 at Chennai. Sd/- Sd/- (MANOJ KUMAR AGGARWAL) ACCOUNTANT MEMBER (V. DURGA RAO) JUDICIAL MEMBER Chennai, Dated, 31.05.2022 Vm/- आदेश की Ůितिलिप अŤेिषत/Copy to: 1. अपीलाथŎ/Appellant, 2.ŮȑथŎ/ Respondent, 3. आयकर आयुƅ (अपील)/CIT(A), 4. आयकर आयुƅ/CIT, 5. िवभागीय Ůितिनिध/DR & 6. गाडŊ फाईल/GF.