Phadnis Clinic Private Limited,, Pune Deputy Commissioner of Income tax

IN THE INCOME TAX APPELLATE TRIBUNAL “A” BENCH, PUNE
(Through Virtual Court)

BEFORE SHRI R.S.SYAL, VP AND SHRI PARTHA SARATHI CHAUDHURY, JM

ITA No.125/PUN/2017
Assessment Year : 2012-13

Phadnis Clinic Private Limited
1205/04/10, Shree, Shivaji Nagar,
Pune-411 005.
PAN : AABCP0292K
Appellant

V/s.

The Deputy Commissioner of Income Tax,
Circle-4, Pune.
Respondent

ITA No. 159/PUN/2017
Assessment Year : 2012-13

The Assistant Commissioner of Income Tax,
Circle-4, Pune.
Appellant

V/s.

Phadnis Clinic Private Limited
Shree, 1205/04/10, Shivaji Nagar,
Pune-411 005.
PAN : AABCP0292K
Respondent

Assessee by : Shri Nikhil Pathak
Revenue by : Shri S.P. Walimbe
Date of Hearing : 09.12.2020 
Date of Pronouncement : 09.12.2020 

ORDER 

PER PARTHA SARATHI CHAUDHURY, JM:

These cross appeals by the assessee and Revenue are directed against the order passed by the CIT(Appeals)-3, Pune on 30.09.2016 in relation to the assessment year 2012-13.

2. Before us, legal heir of the assessee has filed a letter dated 22.11.2020 seeking withdrawal of the appeals. The relevant content of such letter reads as under: 

“1. Hearing of the above mentioned appeal has been fixed on 9th December, 2020. 

2. Most respectfully, the assessee submits before your Honour that the assessee has opted for settlement of the disputed matter in both the appeals under the Vivad Se Vishwas Scheme introduced in Union Budget, 2020. The assessee had filed Form 1 and Form 2 with Income Tax Authorities and now the designated Income Tax Authority has issued the certificate in Form 3 as an approval to the application of the assessee under the said scheme. The certificate in Form 3 has been enclosed herewith as Annexure-1. 

3. Section 4(2) of Direct Tax Vivad Se Vishwas Act, 2020 (the VSV Act) is reproduced herewith:

To know more in details find the attachment file