FATEHPURIA TRANSFORMER &SWITCHGEARS PVT. LTD.,JAIPUR vs. ACIT, CIRCLE 1, JAIPUR
What did the Tribunal hold?
The Tribunal accepted the assessee's prayer to withdraw the appeal. The appeal was dismissed as withdrawn by the assessee.
What were the facts?
The assessee filed an appeal for assessment year 2008-09. Subsequently, the assessee filed a petition under the 'Vivad Se Vishwas Scheme-2020' to settle the matter. This petition was accepted, and Form 3 was issued.
What were the issues?
The primary issue was the assessee's request to withdraw the appeal due to settlement under the Vivad Se Vishwas Scheme.
AI-generated summary — verify with the full judgment below
Income Tax Appellate Tribunal, JAIPUR BENCHES,”A” JAIPUR
Before: SHRI SANDEEP GOSAIN, JM & SHRI VIKRAM SINGH YADAV, AM vk;dj vihy la-@ITA. No. 1274/JP/2019
आयकर अपीलीय अधिकरण] जयपुर न्यायपीठ] जयपुर IN THE INCOME TAX APPELLATE TRIBUNAL, JAIPUR BENCHES,”A” JAIPUR Jh lanhi xkslkbZ] U;kf;d lnL; ,oa Jh foØe flag ;kno] ys[kk lnL; ds le{k BEFORE: SHRI SANDEEP GOSAIN, JM & SHRI VIKRAM SINGH YADAV, AM vk;dj vihy la-@ITA. No. 1274/JP/2019 fu/kZkj.k o"kZ@Assessment Years : 2008-09 cuke Fatehpuria Transformer & ACIT Vs. Switchgears Pvt. Ltd. Circle-1, Jaipur P. O Machwa, Kalwar Road, Jaipur ToLFkk;h ys[kk la-@thvkbZvkj la-@PAN/GIR No.: AAACF3456E vihykFkhZ@Appellant izR;FkhZ@Respondent fu/kZkfjrh dh vksj ls@ Assessee by: Sh. Sanjeev Mathur (CA) jktLo dh vksj ls@ Revenue by : Smt. Monisha Choudhary (Jt. CIT) lquokbZ dh rkjh[k@ Date of Hearing : 26/03/2021 mn?kks"k.kk dh rkjh[k@Date of Pronouncement : 30/03/2021 vkns'k@ ORDER PER: VIKRAM SINGH YADAV, A.M.
The assessee has filed the present appeal against the order of ld. CIT(A)-1, Jaipur dated 02.08.2019 for the assessment year 2008-09.
The ld A/R has stated that the assessee has filed a petition under “Vivad Se Vishwas Scheme-2020” to settle the aforesaid matter and the said petition has been accepted and Form 3 has been issued on 09.03.2021 by the Designated Authority and which has been received by the assessee. It was accordingly requested that the assessee may be allowed to withdraw the present appeal. 2 Fatehpuria Transformer & Switchgears Pvt. Ltd. Jaipur vs. ACIT, Jaipur 3. The ld. DR is heard who did not raise any specific objection in accepting the said prayer of withdrawal of appeal by the assessee.
In view of above, the prayer of the assessee is accepted and the appeal is dismissed as withdrawn by the assessee.
Order pronounced in the open Court on 30/03/2021.
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