ITAT Chandigarh Judgments — February 2021

The Tribunal allowed the assessee's application for withdrawal of the appeal. Consequently, the appeal was dismissed as withdrawn.

The assessee's counsel submitted an application to withdraw the appeal as the dispute was settled under the Vivad Se Vishwas Scheme. The Revenue had no objection.

The Tribunal allowed the assessee's application to withdraw the appeal. The appeal was dismissed as withdrawn.

The Tribunal allowed the assessee's application for withdrawal of the appeal, as the revenue representative did not object. Consequently, the appeal was dismissed as withdrawn.

The Tribunal condoned the delay in filing the appeal. It held that the disallowance of advances to directors did not automatically attract penalty under Section 271(1)(c) as there was no deliberate furnishing of inaccurate particulars.

The assessee's counsel requested to withdraw the appeal as the dispute was settled under the Vivad Se Vishwas Scheme. The revenue had no objection to the withdrawal.