M/s Punjab State Container & Warehousing Corp. Ltd., Chandigarh ACIT, C-2(1), Chandigarh


Quick Summary
The Income Tax Appellate Tribunal has dismissed the appeal filed by M/s Punjab State Container & Warehousing Corp. Ltd. The company requested to withdraw their appeal to take advantage of the Vivad Se Vishwas Scheme. The tribunal granted the withdrawal request as the revenue department did not object.

Court :
ITAT Chandigarh

Brief :
This is an appeal by the Assessee against the order dated 21/12/2018 of CIT(A)-1, Chandigarh.

Citation :
ITA NO. 983/Chd/2019

IN THE INCOME TAX APPELLATE TRIBUNAL, CHANDIGARH BENCH “B”, CHANDIGARH
(VIRTUAL COURT)

BEFORE: SHRI. N.K.SAINI, VP & SHRI R.L. NEGI, JM
ITA NO. 983/Chd/2019
Assessment Year : 2014-15

M/s Punjab State Container &
Warehousing Corp. Ltd.,
SCO 74-75, Sector-17B,
Chandigarh.
PAN NO: AAECP 0606 J
Appellant 

Vs

The ACIT,
Circle-2(1),
Chandigarh.
Respondent

Assessee by : None(Withdrawal Application)
Revenue by : Shri Sandeep Dahiya, CIT-DR

Date of Hearing : 03/05/2021
Date of Pronouncement : 03/05/2021

Order

PER N.K. SAINI, VICE PRESIDENT

This is an appeal by the Assessee against the order dated 21/12/2018 of CIT(A)-1, Chandigarh.

2. During the course of hearing none appeared on behalf of the assessee but a withdrawal application has been moved by Shri Sugan Lal Godara, Chief Financial Officer of the assessee which reads as under:

Kindly refer to captioned appeal filed on 04/07/2019 against the order of Hon'ble Additional Commissioner of Income Tax, Circle-2(1), Chandigarh in lieu of order of ITO, Chandigarh u/s 143(3)of the Act.

In this regard it is submitted that we want to avail the benefit under Vivad Se Vishwas Scheme and hence want to withdraw our appeal.& Warehousing Corp. Ltd. Vs ACIT

Therefore, your honour is requested to allow withdrawal of the aforesaid appeal and oblige.

Thanking you

Yours faithfully
 Sd/-
Sugan Lal Godara
Punjab State Container and Warehousing
(Chief Financial Officer)”

3. The Ld. DR did not object if the appeal of the assessee is dismissed as withdrawn.

4. In view of the above, the appeal of the assessee is dismissed as withdrawn.

5. In the result, appeal of the assessee is dismissed.

(Order pronounced on 03/05/2021).

 Sd/-                                        Sd/-

 (R.L. NEGI)                           (N.K. SAINI)
Judicial Member                   VICE PRESIDENT
*Ranjan
Date: 03/05/2021

Copy of the order forwarded to :
1. The Appellant
2. The Respondent
3.CIT
4.The CIT(A)
5.DR, ITAT,CHANDIGARH
6.Guard File 

FAQ :

The appeal filed by M/s Punjab State Container & Warehousing Corp. Ltd. was dismissed as withdrawn by the Income Tax Appellate Tribunal.

The company withdrew their appeal to avail the benefit under the Vivad Se Vishwas Scheme.

No, the revenue department (represented by the CIT-DR) did not object to the appeal being dismissed as withdrawn.

The Vivad Se Vishwas Scheme is a government initiative that allows taxpayers to settle disputes related to direct taxes.

 

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Published in Income Tax
Views : 147

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