NILA SEA FOODS, THOOTHUKUDI V. DCIT CC-1, MADURAI

ITA 929/CHNY/2020

• Counselvise Citation: [2022] 105 COUNSELVISE.COM (IT) 9721 (ITAT-CHENNAI)
• Duration Of Justice: 1 year(s) 2 month(s) 11 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 24-01-2022
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: D
• Assessment Year: 2011-2012
• Appeal Filed On: 12-11-2020
• Result in Favour of: Revenue
• Court: TRIBUNAL

Judgement Text

आयकर अपीलीय अिधकरण, ’डी’ Ɋायपीठ, चेɄई IN THE INCOME-TAX APPELLATE TRIBUNAL ‘D’ BENCH, CHENNAI ŵी वी दुगाŊ राव Ɋाियक सद˟ एवं ŵी जी. मंजुनाथा, लेखा सद˟ के समƗ Before Shri V. Durga Rao, Judicial Member & Shri G. Manjunatha, Accountant Member आयकर अपील सं./I.T.A. Nos.925, 926, 927, 928, 929, 930 & 931/Chny/2020 Assessment Years: 2007-08, 08-09, 09-10, 10-11, 11-12, 12-13, & 13-14 M/s. Nila Sea Foods, 137-A, Pudur Pandiapuram, Thoothukudi 628 002. [PAN:AAAFN7688P] Vs. The Deputy Commissioner of Income Tax, Central Circle 1, Madurai. (अपीलाथŎ/Appellant) (ŮȑथŎ/Respondent) अपीलाथŎ की ओर से / Appellant by : Shri K.G. Raghunath, Advocate ŮȑथŎ की ओर से/Respondent by : Shri G. Johnson, Addl. CIT सुनवाई की तारीख/ Date of hearing : 25.01.2022 घोषणा की तारीख /Date of Pronouncement : 25.01.2022 आदेश /O R D E R PER BENCH: These seven appeals filed by the same assessee are directed against common order of the ld. Commissioner of Income Tax (Appeals) 19, Chennai dated 18.08.2020 relevant to the assessment years 2007-08, 2008- 09, 2009-10, 2010-11, 2011-12, 2012-13 and 2013-14. 2. When these appeals were taken up for hearing, by filing withdrawal application, the learned Counsel for the assessee has submitted that the assessee has opted to avail the Vivad-se-Vishwas Scheme 2020 and Form No. 3 was also issued in respect of all the assessment years under appeal. I.T.A. Nos.925 to 931/Chny/20 2 He has further submitted that the appeals filed by the assessee may be permitted to be withdrawn against which the ld. DR has not opposed to the submissions of the learned Counsel. 3. We have heard both the sides and perused the records. In this case, the assessee has opted for the Vivad-se-Vishwas Scheme 2020 and the Designated Authority has issued Form No.3 towards settlement of pending tax dispute. In view of the above facts and circumstances, the appeals filed by the assessees are liable to be dismissed as withdrawn. However, it is open to the assessee to approach the Tribunal by filing an appropriate application in the event of any prejudice caused in respect of the settlement of tax dispute under the Vivad-se-Vishwas Scheme 2020. 4. In the result, all the appeals filed by the assessee are dismissed as withdrawn. Order pronounced on 25 th January, 2022 at Chennai. Sd/- Sd/- (G. MANJUNATHA) ACCOUNTANT MEMBER (V. DURGA RAO) JUDICIAL MEMBER Chennai, Dated, 25.01.2022 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.