M/s. Kolte Patil Developers Ltd., (erstwhile: M/s. Bellflower Properties Private Ltd,), Pune V. Assistant Commissioner of Income tax, Pune

ITA 89/PUN/2017

• Counselvise Citation: [2021] 109 COUNSELVISE.COM (IT) 4882 (ITAT-PUNE)
• Duration Of Justice: 4 year(s) 30 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 11-02-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: C
• Next Hearing Date: 11-02-2021
• Assessment Year: 2011-2012
• Appeal Filed On: 12-01-2017
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: SANDEEP GARG
• Assessee Lawyers: SNEHA ARATE

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL C BENCH, PUNE (THROUGH VIRTUAL COURT) BEFORE SHRI INTURI RAMA RAO , ACCOUNTANT MEMBER AND SHRI PARTHA SARATHI CHAUDHURY, J UDICIAL M EMBER . / I TA NO. 89 /PUN/20 17 / ASSESSMENT YEAR : 2011 - 12 M/S. KOLTE PATIL DEVELOPERS LTD. (E RSTWHILE KNOWN AS BELLFLOWER PROPERTIES PVT. LTD. MERGED WITH KOLTE PATIL DEVELOPERS LTD.) 2 ND FLOOR, CITY POINT, DHOLE PATIL ROAD, PUNE - 411 001. PAN : AADCB1007A ....... / APPELLANT / V/S. THE ADDL. COMMISS IONER OF INCOME TAX, RANGE - 1, PUNE. / RESPONDENT A SSESSEE BY : SMT. SNEHA ARATE REVENUE BY : SHRI SANDEEP GARG / DATE OF HEARING : 11 . 0 2 .202 1 / DATE OF PRONOUNCEMENT : 11 . 02 .2021 / ORDER THIS APPEAL PREFERRED BY THE ASSESSEE EMANATES FROM THE ORDER OF THE LD. CIT(APPEALS) - 13, PUNE DATED 15 .11.2016 FOR THE ASSESSMENT YEAR 2011 - 12 AS PER THE GROUNDS OF APPEAL ON RECORD. 2. THE LD. AR FOR THE ASSESSEE SUBMITTED THAT THE ASSESSEE WANTS TO WITHDRAW THE APPEAL AS THE ASSESSEE HAS OPTED FOR VIVAD SE VISHWAS SCHEME 2 ITA NO. 89 /PUN/20 17 A.Y. 2011 - 12 AN D HAS FILED AN APPLICATION ON 10 .02.2021 ALONG WITH FORM - 3 IN THIS REGARD BY STATING AS FOLLOWS: SUB : WITHDRAWAL OF APPEAL IN THE CASE OF M/S. KOLTE PATIL DEVELOPE RS LTD. ( ERSTWHILE BELLFLOWER PROPERTIES PVT. LTD. MERGED WI TH KOLTE PATIL DEVELOPERS LTD.) ITA N O.89/PUN/2017 FOR AY 2011 - 12 BEFORE H O N BLE C BENCH WITH REFERENCE TO THE ABOVE MENTIONED SUBJECT, THE APPEAL IS FIXED FOR HEARING ON 11.02.2021. IN THIS CONNECTION, WE SUBMIT THAT THE ASSESSEE HAS APPLIED FOR VIVAD SE VISHWAS SCHEME ON 24 TH NOVEMBER, 2020 ( REF. NO. RECEIPT NUMBER IS 7419 64771241 120 ), AND ASSESSEE HAS RECEIVED FORM 3 DATED 31.01.2021, HENCE, ASSESSEE IS WITHDRAWING THE APPEAL. COPY OF FORM 3 IS ATTACHED HEREWITH. THE LD. DR HAS NO OBJECTION IN CASE THE ASSESSE E WISHES TO WITHDRAW THE APPEAL . HENCE, W E PERMIT THE WITHDRAWAL. APPEAL OF ASSESSEE IS DISMISSED BEING WITHDRAWN. 3. IN THE RESULT , THE APPEAL OF ASSESSEE IS DISMISSED AS WITHDRAWN. ORDER PRO NOUNCED IN OPEN C O URT ON 11 TH DAY OF FEBRUARY , 20 2 1 . SD/ - SD/ - INTURI RAMA RAO PARTHA SARATHI CHAUDHURY ACCOUNTANT MEMBER JUDICIAL MEMBER / PUNE; / DATED : 11 TH FEBRUARY , 202 1 SB / COPY OF THE ORDER FORWARDED TO : 1. / THE APPELLANT. 2. / THE RESPONDENT. 3. THE CIT(APPEALS) - 13, PUNE. 4. THE PR. CIT - 5, PUNE. 5 . , , , / DR, ITAT, C BENCH, PUNE. 6 . / GUARD FILE. / BY ORDER , // TRUE COPY // / PRIVATE SECRETARY , / ITAT, PUNE . 3 ITA NO. 89 /PUN/20 17 A.Y. 2011 - 12 DATE 1 DRAFT DICTATED ON 11 . 02 .202 1 SR.PS/PS 2 DRAFT PLACED BEFORE AUTHOR 11 . 02 .202 1 SR.PS/PS 3 DRAFT PROPOSED AND PLACED BEFORE THE SECOND MEMBER JM/AM 4 DRAFT DISCUSSED/APPROVED BY SECOND MEMBER AM/JM 5 APPROVED DRAFT COMES TO THE SR. PS/PS SR.PS/PS 6 KEPT FOR PRONOUNCEMENT ON SR.PS/PS 7 DATE OF UPLOADING OF ORDER SR.PS/PS 8 FILE SENT TO BENCH CLERK SR.PS/PS 9 DATE ON WHICH THE FILE GOES TO THE HEAD CLERK 10 DATE ON WHICH FILE GOES TO THE A.R 11 DATE OF DISPATCH OF ORDER