Morris Balfour & Co. , Kolkata V. ACIT, Circle - 35, Kolkata

ITA 989/KOL/2019

• Counselvise Citation: [2021] 109 COUNSELVISE.COM (IT) 3304 (ITAT-KOLKATA)
• Duration Of Justice: 1 year(s) 10 month(s) 3 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 03-03-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: A
• Next Hearing Date: 03-03-2021
• Assessment Year: 2010-2011
• Appeal Filed On: 30-04-2019
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: DHRUBAJYOTI ROY
• Keywords: Competent authority

Judgement Text

ITA NO.2348/KOL/2018 ITA NO. 989/KOL/2019 MORRIS BALFOUR LTD. A.YS. 2009-10 & 2010-11 1 | P A GE , A , IN THE INCOME TAX APPELLATE TRIBUNAL A BENCH: KOL KATA [BEFORE SHRI J. SUDHAKAR REDDY, AM AND SHRI A. T. VARKEY, JM] I.T.A. NO. 2348/KOL/2018 ITA NO. 989/KOL/2019 ASSESSMENT YEARS: 2009-10 & 2010-11 MORRIS BALFOUR LTD. (PAN: AAPFM 6188 G) VS. ACIT, CIRCLE-35, KOLKATA APPELLANT RESPONDENT DATE OF HEARING (VIRTUAL) 03.03.2021 DATE OF PRONOUNCEMENT 03.03.2021 FOR THE APPELLANT NONE FOR THE RESPONDENT SHRI DHRUBAJYOTI ROY, JCIT ORDER PER SHRI A. T. VARKEY, JM: THESE APPEALS PREFERRED BY THE ASSESSEE ARE AGAIN ST THE SEPARATE ORDERS OF LD. CIT(A)-10, KOLKATA DATED 20.08.2018 & 27.02.2019 RE SPECTIVELY FOR ASSESSMENT YEARS 2009-10 & 2010-11 RESPECTIVELY. 2. AT THE OUTSET, WE NOTE THAT THERE IS A LETTER FROM THE ASSESSEE DATED 24.02.2021 WHEREIN IT HAS STATED THAT IT HAS OPTED FOR DIRECT TAX VIVAD SE VISWAS SCHEME, 2020 (HEREINAFTER, THE SCHEME) AND EXPRESSED ITS DESIR E TO WITHDRAW BOTH THE APPEALS. IN THE LIGHT OF THE SAID FACTS, WE ALLOW THE ASSESSEE TO W ITHDRAW THE APPEALS WITH A CAVEAT THAT IN CASE, IF THE COMPETENT AUTHORITY UNDER THE SCHEME, DOES NOT ACCEPT THE PROPOSAL OF ASSESSEE TO OPT FOR THE SCHEME, THEN THE ASSESSEE IS AT LIBE RTY TO MOVE APPROPRIATE APPLICATION TO RE- CALL THIS ORDER. AS DISCUSSED, WE ALLOW THE ASSES SEE TO WITHDRAW THESE APPEALS. ITA NO.2348/KOL/2018 ITA NO. 989/KOL/2019 MORRIS BALFOUR LTD. A.YS. 2009-10 & 2010-11 2 | P A GE 3. NEEDLESS TO SAY, THIS ACTION OF OURS WILL NOT PR ECLUDE THE COMPETENT AUTHORITY UNDER THE SCHEME TO ACCEPT THE FORM NO. 1 & 2 FILED BY TH E ASSESSEE. 4. IN THE RESULT, BOTH THE APPEALS OF THE ASSESSEE ARE DISMISSED AS WITHDRAWN. ORDER IS PRONOUNCED IN THE OPEN COURT. SD/- SD/- (J.S. REDDY) (A. T. VARKEY) ACCOUNTANT MEMBER JUDICIAL MEMBER DATED: 03.03.2021 SB, SR. PS COPY OF THE ORDER FORWARDED TO: 1. APPELLANT- MORRIS BALFOUR & CO., 23B, N. S. ROAD, G ROUND FLOOR, R. N. G-1, WEST BENGAL-700001 2. RESPONDENT ACIT, CIRCLE-35, KOLKATA 3. THE CIT(A)- 10, 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