TamilNadu Generation and Distribution Corporation Ltd., CHENNAI v. ACIT Corporate Circle 3(1), CHENNAI

ITA 1130/CHNY/2019 | 2014-2015
Pronouncement Date: 05-05-2021 | Result: Dismissed

Appeal Details

RSA Number 113021714 RSA 2019
Assessee PAN AADCT4784E
Bench Chennai
Appeal Number ITA 1130/CHNY/2019
Duration Of Justice 2 year(s) 19 day(s)
Appellant TamilNadu Generation and Distribution Corporation Ltd., CHENNAI
Respondent ACIT Corporate Circle 3(1), CHENNAI
Appeal Type Income Tax Appeal
Pronouncement Date 05-05-2021
Appeal Filed By Assessee
Order Result Dismissed
Bench Allotted C
Tribunal Order Date 05-05-2021
Date Of Final Hearing 05-05-2021
Next Hearing Date 05-05-2021
Last Hearing Date 05-08-2019
First Hearing Date 23-02-2021
Assessment Year 2014-2015
Appeal Filed On 16-04-2019
Judgment Text
./ ITA NOS.1129 & 1130/CHNY/2019 /ASSESSMENT YEARS: 2012-13 & 2014-15 M/S.TAMIL NADU GENERATION & DISTRIBUTION COPRN. LTD. 7 TH FLOOR NO.144 NPKRR MALIGAI ANNA SALAI CHENNAI-600 002. VS. THE ASST. COMMISSIONER OF INCOME TAX CORPORATE CIRCLE-3(1) CHENNAI. [PAN: AADCT 4784 E] ( /APPELLANT) ( /RESPONDENT) / APPELLANT BY : MR. R.VIJAYARAGHAVAN ADV. /RESPONDENT BY : MR. G. JOHNSON ADDL.CIT /DATE OF HEARING : 05 .0 5 .2021 /DATE OF PRONOUNCEMENT : 05 . 05 .2021 / O R D E R PER BENCH: THE ASSESSEE FILED THESE APPEALS AGAINST THE ORDER OF THE COMMISSIONER OF INCOME TAX (APPEALS)-7 CHENNAI IN ITA NO.150(T)/C IT(A)-7/2017-18 DATED 31.01.2019 FOR THE AY 2012-13 & IN ITA NO.149(T)/CI T(A)-7/2017-18 DATED 31.01.2019 FOR THE AY 2014-15. 2. WHEN THESE APPEALS WERE TAKEN UP FOR HEARING TH E ASSESSEE HAS SUBMITTED THAT IT HAS OPTED TO AVAIL THE VIVAD-SE-VISHWAS SCH EME 2020. IT WAS FURTHER A SUBMISSION THAT FORM NO.3 FROM THE DESIGNATED AUTHO RITY IS YET TO BE ISSUED AND WOULD BE SUBMITTED IN DUE COURSE AND THE SAME SHALL BE FURNISHED AFTER ISSUANCE IN THE INCOME TAX APPELLATE TRIBUNAL C BENCH: CHENNAI . . . BEFORE SHRI DUVVURU R.L. REDDY JUDICIAL MEMBER AND SHRI G. MANJUNATHA ACCOUNTANT MEMBER ITA NOS.1129 & 1130/CHNY/2019 :: 2 :: OF FORM NO.3. IT HAS FURTHER SUBMITTED THAT IT MAY BE PERMITTED TO WITHDRAW THE APPEALS. 3. ON THE OTHER HAND THE LEARNED DEPARTMENTAL REPR ESENTATIVE HAS NOT RAISED ANY OBJECTION TO THE SUBMISSIONS OF THE ASSESSEE. 4. WE HAVE PERUSED THE MATERIALS AVAILABLE ON RECOR D AND GONE THROUGH THE ORDERS OF THE AUTHORITIES BELOW. 5. IN THESE CASES THE ASSESSEE HAS OPTED FOR THE V IVAD-SE-VISHWAS SCHEME 2020 AND THE DESIGNATED AUTHORITY IS YET TO ISSUE F ORM NO.3 FOR THE SETTLEMENT OF PENDING TAX DISPUTE. SINCE THE ASSESSEE HAS SUBMITT ED THAT FORM NO.3 WOULD BE SUBMITTED AS AND WHEN IT IS ISSUED AND PRAYED FOR P ERMITTING THE ASSESSEE TO WITHDRAW THE APPEALS APPEALS FILED BY THE ASSESSEE ARE PERMITTED TO BE WITHDRAWN. HOWEVER IT IS OPEN TO THE ASSESSEE TO APPROACH THE TRIBUNAL BY FILING AN APPROPRIATE APPLICATION IN THE EVENT OF ANY INJU STICE CAUSED TO THE ASSESSEE IN RESPECT OF THE SETTLEMENT OF DISPUTE RELATING TO TH E VIVAD-SE-VISHWAS SCHEME 2020. 7. IN THE RESULT THE APPEALS OF THE ASSESSEE IN IT A NOS.1129 & 1130/CHNY/2019 ARE DISMISSED AS WITHDRAWN. ORDER PRONOUNCED ON THE 05 TH DAY OF MAY 2021 IN CHENNAI. SD/- SD/- ( . ) ( G. MANJUNATHA ) /ACCOUNTANT MEMBER ( . . ) (DUVVURU R.L. REDDY) /JUDICIAL MEMBER ITA NOS.1129 & 1130/CHNY/2019 :: 3 :: /CHENNAI /DATED: 05 TH MAY 2021. TLN /COPY TO: 1. /APPELLANT 4. ' /CIT 2. /RESPONDENT 5. /DR 3. ' ( ) /CIT(A) 6. /GF