M/S HERO INVESTMENT PVT. LTD.,LUDHIANA vs. ACIT CIRCLE-5, LUDHIANA
आयकर अपीलीय अिधकरण,चǷीगढ़ Ɋायपीठ “ए” , चǷीगढ़
IN THE INCOME TAX APPELLATE TRIBUNAL, CHANDIGARH BENCH “A”, CHANDIGARH
HEARING THROUGH: HYBRID MODE
ŵी लिलत कुमार, Ɋाियक सद˟ एवं ŵी मनोज कुमार अŤवाल, लेखा सद˟
BEFORE: SHRI. LALIET KUMAR, JM & SHRI. MANOJ KUMAR AGGARWAL, AM
आयकर अपील सं./ ITA No. 353/Chd/ 2019
िनधाŊरण वषŊ / Assessment Year : 2011-12
M/s Hero Investments Pvt. Ltd.
(Now Merged into M/s Hero
MotoCorp Ltd.)
Hero Nagar, G.R. Road, Ludhiana
Punjab-141003
बनाम
The Asst. CIT
Circle-5, Ludhiana
˕ायी लेखा सं./PAN NO: AAACH4072N
अपीलाथŎ/Appellant
ŮȑथŎ/Respondent
िनधाŊįरती की ओर से/Assessee by :
Shri Ashish Aggarwal, C.A (Virtual)
राजˢ की ओर से/ Revenue by :
Shri Manav Bansal, CIT DR
सुनवाई की तारीख/Date of Hearing :
23/09/2025
उदघोषणा की तारीख/Date of Pronouncement : 23/09/2025
आदेश/Order
PER LALIET KUMAR, J.M:
This is an appeal filed by the Assessee against the order of the Ld. CIT
(A)-2, Ludhiana dt. 10/01/2019 pertaining to Assessment Year 2011-12. 2. During the course of hearing Ld. Counsel for the Assessee submitted an application dt. 22/09/2025 for withdrawal of the present appeal, relevant contents of which read as under:
“Hon’ble Sir:
It is humbly submitted that the issue involved in the original assessment proceedings has been settled by the assessee company though Direct Tax Vivad Se Vishwas Scheme, 2020. Therefore, we wish to withdraw this appeal before your Honour being infructuous.”
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 DR did not object if the appeal of the assessee is dismissed as withdrawn. 4. In view of the above the appeal of the assessee is dismissed as withdrawn.
In the result, appeal of the Assessee is dismissed.
(Order pronounced in the open Court on 23/09/2025 ) मनोज कुमार अŤवाल
लिलत कुमार
(MANOJ KUMAR AGGARWAL)
(LALIET KUMAR)
लेखा सद˟/ ACCOUNTANT MEMBER Ɋाियक सद˟ /JUDICIAL MEMBER
AG
आदेश की Ůितिलिप अŤेिषत/ Copy of the order forwarded to :
अपीलाथŎ/ The Appellant 2. ŮȑथŎ/ The Respondent 3. आयकर आयुƅ/ CIT 4. आयकर आयुƅ (अपील)/ The CIT(A) 5. िवभागीय Ůितिनिध, आयकर अपीलीय आिधकरण, चǷीगढ़/ DR, ITAT, CHANDIGARH 6. गाडŊ फाईल/ Guard File
आदेशानुसार/ By order,
सहायक पंजीकार/