M/s Indian AcryLics Limited, Chandigarh v. Addl. CIT, Chandigarh

ITA 27/CHANDI/2016 | 2008-2009
Pronouncement Date: 02-03-2021 | Result: Dismissed

Appeal Details

RSA Number 2721514 RSA 2016
Bench Chandigarh
Appeal Number ITA 27/CHANDI/2016
Duration Of Justice 5 year(s) 1 month(s) 12 day(s)
Appellant M/s Indian AcryLics Limited, Chandigarh
Respondent Addl. CIT, Chandigarh
Appeal Type Income Tax Appeal
Pronouncement Date 02-03-2021
Appeal Filed By Assessee
Order Result Dismissed
Bench Allotted Not Allotted
Tribunal Order Date 02-03-2021
Last Hearing Date 27-03-2018
First Hearing Date 02-03-2021
Assessment Year 2008-2009
Appeal Filed On 19-01-2016
Judgment Text
IN THE INCOME TAX APPELLATE TRIBUNAL CHANDIGARH BE NCH A CHANDIGARH (VIRTUAL COURT) .. !' .. # $% BEFORE: SHRI. N.K.SAINI VP & SHRI R.L. NEGI JM ITA NO. 655 /CHD/2014 ASSESSMENT YEAR : 2007-08 M/S INDIAN ACRYLICS LIMITED SCO 49-50 SECTOR-26 CHANDIGARH THE ADDL. CIT RANGE V CHANDIGARH PAN NO: AAAC13794C APPELLANT RESPONDENT ITA NO. 27/CHD/2016 ASSESSMENT YEAR : 2008-09 M/S INDIAN ACRYLICS LIMITED SCO 49-50 SECTOR-26 CHANDIGARH THE ADDL. CIT RANGE V CHANDIGARH PAN NO: AAAC13794C APPELLANT RESPONDENT ITA NO. 1289/CHD/2018 ASSESSMENT YEAR : 2014-15 M/S INDIAN ACRYLICS LIMITED SCO 49-50 SECTOR-26 CHANDIGARH THE ACIT CC-II CHANDIGARH PAN NO: AAAC13794C APPELLANT RESPONDENT ITA NO. 1290/CHD/2018 ASSESSMENT YEAR : 2015-16 M/S INDIAN ACRYLICS LIMITED SCO 49-50 SECTOR-26 CHANDIGARH THE ACIT CC-II CHANDIGARH PAN NO: AAAC13794C APPELLANT RESPONDENT ITA NO. 1092/CHD/2019 ASSESSMENT YEAR : 2016-17 M/S INDIAN ACRYLICS LIMITED SCO 49-50 SECTOR-26 CHANDIGARH THE DCIT CC-II CHANDIGARH PAN NO: AAAC13794C 2 APPELLANT RESPONDENT !' ASSESSEE BY : SHRI ASHWANI KUMAR CA #!' REVENUE BY : SMT. MEENAKSHI VOHRA ADDL. CIT $ %! & DATE OF HEARING : 02/03/2021 '()*! & DATE OF PRONOUNCEMENT : 02/03/2021 $&/ ORDER PER BENCH: ALL THE ABOVE APPEALS BY THE ASSESSEE ARE DIRECTED AGAINST THE SEPARATE ORDERS OF DIFFERENT LD. COMMISSIONERS OF INCOME TAX (APPEAL) AT VARIOUS STATIONS AS PER FOLLOWING DETAILS: SL.NO. APPEAL NO. NAME OF CASE CIT(APPEAL / S ) OR DER DT. 1. ITA NO. 655/CHD/2014 M/S INDIAN ACRYLICS LIMITED CIT(A)-1 CHANDIGARH 24/04/2014 2. ITA NO. 27/CHD/2016 M/S INDIAN ACRYLICS LIMITED CIT(A)-2 CHANDIGARH 24/11/2015 3. ITA NO. 1289/CHD/2018 M/S INDIAN ACRYLICS LIMITE D CIT(A)-3 GURGAON 06/07/2018 4. ITA NO. 1290/CHD/2018 M/S INDIAN ACRYLICS LIMITE D CIT(A)-3 GURGAON 06/07/2018 5. ITA NO. 1092/CHD/2014 M/S INDIAN ACRYLICS LIMITE D CIT(A)-3 GURGAON 31/05/2019 2. THE AUTHORISED SIGNATORY FOR THE ASSESSEE FURNIS HED THE COMMON APPLICATION IN ALL THE ABOVE APPEALS STATING THEREI N AS UNDER : ITA NO. 27/CHD/2016 FOR AY 2008-09 ITA NO. 655/CHD /2014 FOR AY 2007-08 ITANO. 1092/CHD/2019 FOR AY 2016-17. ITA NO. 1289/CHD/2018 FOR AY 2014-15 AND ITA NO. 1290/CHD/2018 FOR AY 2015-16 OF INDIAN ACRYLICS LTD . HON'BLE SIR WITH REFERENCE TO AFORESAID APPEALS PENDING BEFORE HON'BLE ITAT IT IS RESPECTFULLY SUBMITTED THAT THE ASSESSE HAS FILED A DECLARATION IN FORM 1 & 2 UNDER VIVAD SE VISHWAS SCHEME WITH A VIEW TO CLOSE THE LITIGATION IN THE PRESENT CASES. AS PER SECTION 4(2) OF THE DIRECT TAX VIVAD SE VISHWAS ACT 2020 UPON THE FILING OF THE DECLARATION ANY APPEAL PENDING BEFORE THE INCOME T AX APPELLATE TRIBUNAL IN RESPECT OF THE DISPUTED INCOME OR DISPUTED INTEREST OR DISPUTED PENALTY OR DISPUTED FEE AND TAX ARREARS SHALL BE DEEMED TO HAV E BEEN WITHDRAWN FROM THE DATE ON WHICH CERTIFICATE UNDER SUB-SECTION (1) OF SECTION 5 I.E CERTIFICATE IN FORM 3 IS ISSUED BY THE DESIGNATED AUTHORITY. THE ASSESS EE HAS ALREADY RECEIVED CERTIFICATE IN FORM 3 AS ISSUED BY THE DESIGNATED A UTHORITY. DETAIL OF THE FORM 3 IN EACH APPEAL IS AS UNDER: 3 APPEAL NO. AY CERTIFICATE NO. IN FORM 3 AND DATED 27/CHD/2016 AY 2008 -09 209329640140121 DATED 14.01.2021 65 5/CHD/2014 AY 2007 -08 209241170140121 DATED 14.01.2021 1092/CHD/2019 AY 2016 -17 244981500080221 DATED 08.02.2021 1289/CHD/2018 AY 2014 -15 244984080080221 DATED 08.02.2021 1290/CHD/2018 AY 2015 -16 244986620080221 DATED 08.02.2021 COPY OF THE FORM 3 ISSUED IN EACH APPEAL IS ATTACHE D PLEASE. THEREFORE IT IS RESPECTFULLY SUBMITTED THAT THE AFORESAID APPEALS M AY PLEASE BE TREATED ACCORDINGLY. THANKING YOU YOURS FAITHFULLY FOR INDIAN ACRYLICS LTD SD/- AUTHORISED SIGNATORY 3. DURING THE COURSE OF HEARING THE LD. COUNSEL FOR THE ASSESSEE SUBMITTED THAT SINCE THE ASSESSEE HAVE AVAILED THE IMMUNITY S CHEME I.E; VIVAD SE VISHWAS AND THE INCOME TAX DEPARTMENT HAS SINCE ISSUED FORM NO. 3 IN RESPONSE TO THE APPLICATIONS FILED BY THE ASSESSEE UNDER SECTION 5 (1) OF THE DIRECT TAX VIVAD SE VISHWAS ACT 2020 THEREFORE THE APPEALS OF THE ASS ESSEE MAY BE ALLOWED TO BE WITHDRAWN. THE DETAILS OF ABOVE SAID CERTIFICATES A RE AS UNDER: SL.NO. APPEAL NO. NAME OF CASE CERTIFICATE NO. 1. ITA NO. 655/CHD/2014 M/S INDIAN ACRYLICS LIMITED 209241170140121 2. ITA NO. 27/CHD/2016 M/S INDIAN ACRYLICS LIMITED 209329640140121 3. ITA NO. 1289/CHD/2018 M/S INDIAN ACRYLICS LIMITED 244984080080221 4. ITA NO. 1290/CHD/2018 M/S INDIAN ACRYLICS LIMITED 244986620080221 5. ITA NO. 1092/CHD/2014 M/S INDIAN ACRYLICS LIMITED 244981500080221 4. THE LD. DR DID NOT OBJECT IF THE ABOVE APPEALS O F THE ASSESSEE ARE DISMISSED AS WITHDRAWN. 5. IN VIEW OF THE ABOVE THE APPEALS OF THE ASSESSEE ARE DISMISSED AS WITHDRAWN. 4 6. IN THE RESULT APPEALS OF THE ASSESSEE ARE DISMI SSED. ORDER PRONOUNCED ON 02/03/2021 SD/- SD/- .. .. (R.L. NEGI ) ( N.K. SAIN I) # $%/ JUDICIAL MEMBER / VICE PRESIDENT AG DATE: 02/03/2021 (+! -.- COPY OF THE ORDER FORWARDED TO : 1. THE APPELLANT 2. THE RESPONDENT 3. $ / CIT 4. $ / 01 THE CIT(A) 5. -2 45&456789 DR ITAT CHANDIGARH 6. 8:% GUARD FILE (+ $ BY ORDER ; # ASSISTANT REGISTRAR