THE PUNJAB IAS AND PCS OFFICERS HOUSE BUILDING SOCIETY LIMITED,MOHALI vs. DEPUTY COMMISSIONER OF INCOME TAX, MOHALI

आयकर अपीलीय अिधकरण,चǷीगढ़ Ɋायपीठ “बी” , चǷीगढ़
IN THE INCOME TAX APPELLATE TRIBUNAL, CHANDIGARH BENCH “B”, CHANDIGARH

HEARING THROUGH: HYBRID MODE

ŵी िवŢम िसंह यादव, लेखा सद˟ एवं ŵी परेश म. जोशी, Ɋाियक सद˟
BEFORE: SHRI. VIKRAM SINGH YADAV, AM & SHRI. PARESH M. JOSHI, JM

आयकर अपील सं./ ITA NO. 341/Chd/2024
िनधाŊरण वषŊ / Assessment Year : 2010-11

The Punjab IAS and PCS Officers
House Building Society Limited, The Foothills Residential Colony, New
Chandigarh, Mullanpur, Mohali
बनाम

The DCIT
Mohali
˕ायी लेखा सं./PAN NO: AAAJT1978Q
अपीलाथŎ/Appellant
ŮȑथŎ/Respondent

िनधाŊįरती की ओर से/Assessee by :
Shri Ashwani Kumar, C.A राजˢ की ओर से/ Revenue by :
Smt. Amanpreet Kaur, Addl. CIT DR

सुनवाई की तारीख/Date of Hearing :
20/01/2025
उदघोषणा की तारीख/Date of Pronouncement : 21/01/2025

आदेश/Order

PER VIKRAM SINGH YADAV, A.M. :

This is an appeal filed by the Assessee against the order of the Ld. CIT
(A)/NFAC, Delhi dt. 05/03/2024 pertaining to Assessment Year 2010-11. 2. During the course of hearing the Ld. Counsel for the Assessee submitted that since the assessee has moved an application under “The Direct Tax ‘Vivad
Se Vishwas, 2024” Scheme and the Income Tax Department has since issued
Form No. 2 dt. 10/01/2025, in response to the application filed by the assessee, therefore, the appeal of the assessee may be allowed to be withdrawn.
3. The Ld. DR, on the other hand, was unable to controvert the facts submitted by the Assessee and didn’t object to application seeking withdrawal of the subject appeal.
4. In view of the above, the appeal of the assessee is dismissed as withdrawn. However, it is observed that in case Assessee fails to avail the benefit of this scheme due to any technicalities, then Assessee will be at liberty to get this appeal revived by filing a Misc. Application. This application should be filed within limitation period provided u/s 254(2) of the Act.
5. In light of aforesaid, the appeal of the assessee is dismissed as withdrawn.
Order pronounced in the open Court on 21/01/2025 परेश म. जोशी

िवŢम िसंह यादव
(PARESH M. JOSHI)

( VIKRAM SINGH YADAV)

Ɋाियक सद˟ / JUDICIAL MEMBER

लेखा सद˟/ ACCOUNTANT MEMBER

AG

आदेश कᳱ ᮧितिलिप अᮕेिषत/ Copy of the order forwarded to :

आदेशानुसार/ By order,
सहायक पंजीकार/