M/s. Anukul Investments Ltd., , Kolkata ITO, Ward - 4(1), , Kolkata

Last updated: 11 May 2021

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M/s Anukul Investments Ltd. applied to withdraw its appeal, ITA No. 2045/Kol/2018, before the Income Tax Appellate Tribunal, Kolkata. The company had availed the scheme under the Vivad Se Vishwas Act, 2020, and received a certificate from the designated authority. The Tribunal accepted the application and dismissed the appeal as withdrawn.

Court :
ITAT Kolkata

Brief :
The assessee seeks permission of this Bench to withdraw its appeal in ITA No. 2045/Kol/2018 as it has availed the scheme under “Vivad Se Vishwas Act, 2020” vide its application dated 26.03.2021. The assessee states that it has been granted certificate by the designated authority in Form No. 3 under the provisions of “Vivad Se Vishwas Act, 2020”.

Citation :
I.T.A. No. 2045/Kol/2018

IN THE INCOME TAX APPELLATE TRIBUNAL
KOLKATA ‘A’ BENCH, KOLKATA
(Virtual Court)
(Before Sri J. Sudhakar Reddy, Accountant Member & Sri Aby.T. Varkey, Judicial Member)

I.T.A. No. 2045/Kol/2018
Assessment Year: 2004-05

M/s Anukul Investments Ltd. …........................Appellant
[PAN: AACCA 4777 H]

Vs.

ITO, Ward-4(1), Kolkata…....................Respondent

Appearances by:
None appeared on behalf of the assessee.
Shri Jayanta Khanra, JCIT, appeared on behalf of the Revenue.

Date of concluding the hearing : April 16, 2021
Date of pronouncing the order : April 21, 2021

ORDER

Per Bench:

The assessee seeks permission of this Bench to withdraw its appeal in ITA No. 2045/Kol/2018 as it has availed the scheme under “Vivad Se Vishwas Act, 2020” vide its application dated 26.03.2021. The assessee states that it has been granted certificate by the designated authority in Form No. 3 under the provisions of “Vivad Se Vishwas Act, 2020”.

2. We accept this application of assessee and dismiss this appeal as withdrawn. Kolkata, the 21st April, 2021.

Sd/- Sd/-
[Aby.T. Varkey] [J. Sudhakar Reddy]
Judicial Member Accountant Member

Dated:21.04.2021
SB, Sr. PS

Copy of the order forwarded to:
1. M/s Anukul Investments Ltd., Rajkumar Jaju, E/302, Ashok Nagar, Vazira Naka,
Borivali(W), Mumbai-400092
2. ITO, Ward-4(1), Kolkata
3. CIT(A)- 20, Kolkata. (sent through mail)
4. CIT5. CIT(DR), Kolkata Benches, Kolkata. (sent through mail)

True copy
By order
Assistant Registrar
ITAT, Kolkata Benches

FAQ :

The case involved M/s Anukul Investments Ltd. seeking to withdraw its appeal (ITA No. 2045/Kol/2018) before the Income Tax Appellate Tribunal, Kolkata.

The company wished to withdraw the appeal because it had opted for the scheme offered under the Vivad Se Vishwas Act, 2020.

The Vivad Se Vishwas Act, 2020, is a scheme that allows taxpayers to settle disputes and withdraw appeals.

Yes, the Income Tax Appellate Tribunal accepted the application and dismissed the appeal as withdrawn.