ALPHA VANIJYA PRIVATE LIMITE ,HOWRAH vs. D.C.I.T.,CIRCLE-1(1), KOLKATA

In this case, Shri Ashok Kumar Drolia and Smt. Bela Drolia, both the Directors of the assessee-company, jointly has moved an application dated 08.10.2021 seeking withdrawal of this appeal on the ground that they have decided to settle the dispute involved in the said appeal under the Direct Tax Vivad Se Vishwas Act, 2020. The assessee has duly filed the declarations in Form No. 1 and Form No. 2 and the Designated Authority has issued the certificate in Form No. 3 as per Section 5(1) of the Scheme accepting the assessee’s declaration under the said Scheme.

Keeping in view these facts and circumstances of the case including especially the fact that the assessee has duly complied with the necessary requirements under Vivad Se Vishwas Scheme, 2020, the permission as sought by the Directors of the assessee-company is granted and this appeal of the assessee is dismissed as withdrawn.

In the result, the appeal filed by the assessee is dismissed as withdrawn. Order pronounced in the open Court on November 12, 2021. Sd/- Sd/- (A.T. Varkey) (P.M. Jagtap) Judicial Member Vice-President (KZ) Kolkata, the 12th day of November, 2021 Copies to : (1) M/s. Alpha Vanijya Pvt. Limited, 493/C/A, G.T. Road South, Howrah-711102 (2) Deputy Commissioner of Income Tax, Circle 1(1), Kolkata, Aayakar Bhawan, P-7, Chowringhee Square, Kolkata-700069 (3) Commissioner of Income Tax (Appeals)-10, Kolkata, (4) Commissioner of Income Tax , (5) The Departmental Representative (6) Guard File