JAI SHREE INTERIOR & HANDICRAFT PVT. LTD (NOW ALANKAR RINGS PVT. LTD) F-197, ROAD NO.9, VKI AREA, JAIPUR C/O SHRI VIJAY GOYAL SHREE RAMAM 58 SHREE GOPAL NAGAR, GOPAL PURA BYE PASS ROAD JAIPUR,JAIPUR vs. INCOME TAX OFFICER WARD-4(3) JAIPUR, JAIPUR

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ITA 290/JPR/2019Status: DisposedITAT Jaipur20 January 2021AY 2007-082 pages

In favour of the Revenue: the assessee's appeal was dismissed. From the AI summary of this appeal.

AI SummaryDismissed

What did the Tribunal hold?

The Tribunal accepted the assessee's request to withdraw the appeal as the matter was settled under the Vivad Se Vishwas Scheme.

What were the facts?

The assessee filed an appeal against the CIT(A) order for AY 2007-08. The assessee later filed a petition under the Vivad Se Vishwas Scheme-2020 for settlement.

What were the issues?

Whether the appeal can be withdrawn by the assessee due to settlement under the Vivad Se Vishwas Scheme.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. 290/JP/2019

For Appellant: Shri Vijay Goyal (C.A.) jktLo dh vksj ls@
Hearing: 20/01/2021Pronounced: 20/01/2021

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. 290/JP/2019 fu/kZkj.k o"kZ@Assessment Years : 2007-08 cuke M/s Jai Shree Interior & Handicraft Pvt. The ITO, Vs. Ltd., Ward4(3), (Now Alankar Rings Pvt. Ltd.), Jaipur. F-197, Road No. 9F, VKI Area, Jaipur. LFkk;h ys[kk la-@thvkbZvkj la-@PAN/GIR No.: AABCJ 8295 E vihykFkhZ@Appellant izR;FkhZ@Respondent fu/kZkfjrh dh vksj ls@ Assessee by : Shri Vijay Goyal (C.A.) jktLo dh vksj ls@ Revenue by : Smt. Monisha Choudhary (ACIT) a lquokbZ dh rkjh[k@ Date of Hearing : 20/01/2021 mn?kks"k.kk dh rkjh[k@Date of Pronouncement : 20/01/2021 vkns'k@ ORDER PER: VIKRAM SINGH YADAV, A.M.

The assessee has filed the present appeal against the order of ld. CIT(A)-II, Jaipur dated 28.12.2018 for the assessment year 2007-08.

2.

The ld A/R has stated at the Bar that the assessee has filed a petition under “Vivad Se Vishwas Scheme-2020” to settle the aforesaid matter and the said petition has recently been accepted and Form 3 has been issued by the competent authority. It was accordingly requested that the assessee may be allowed to withdraw the present appeal.

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.

4.

In view of above, the prayer of the assessee is accepted and the appeal is dismissed as withdrawn by the assessee.

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