Udham Singh Nagar District Co-Operative Bank Ltd., Uttrakhand v. ACIT, Uttrakhand

ITA 5357/DEL/2016 | 2012-2013
Pronouncement Date: 18-05-2021 | Result: Dismissed

Appeal Details

RSA Number 535726014 RSA 2016
Assessee PAN AAATU2006Q
Bench Dehradun
Appeal Number ITA 5357/DEL/2016
Duration Of Justice 4 year(s) 7 month(s) 4 day(s)
Appellant Udham Singh Nagar District Co-Operative Bank Ltd., Uttrakhand
Respondent ACIT, Uttrakhand
Appeal Type Income Tax Appeal
Pronouncement Date 18-05-2021
Appeal Filed By Assessee
Order Result Dismissed
Bench Allotted DB
Tribunal Order Date 18-05-2021
Last Hearing Date 05-03-2021
First Hearing Date 05-03-2021
Assessment Year 2012-2013
Appeal Filed On 14-10-2016
Judgment Text
PAGE | 1 INCOME TAX APPELLATE TRIBUNAL DEHRADUN CIRCUIT BENCH: DEHRADUN BEFORE SHRI SUDHANSHU SRIVASTAVA JUDICIAL MEMBER AND SHRI PRASHANT MAHARISHI ACCOUNTANT MEMBER ITA NO. 5357/ DEL/ 2016 (ASSESSMENT YEAR: 2012 - 13 ) UDHAM SINGH NAGAR DISTRICT CO - OPERATIVE BANK LTD RUDRAPUR UTTRAKHAND PAN: AAATU2006Q VS. ACIT KATHGODAM UTTRAKHAND (APPELLANT (RESPONDENT) REVENUE BY: NONE ASSESSEE BY : SHRI N. C. UPPADHAY SR. DR DATE OF HEARING 05 /03/2021 DATE OF PRONOUNCEMENT 1 8 / 0 5 / 2 0 2 1 O R D E R PER PRASHANT MAHARISHI A. M. 1. THIS APPEAL IS FILED BY THE ASSESSEE AGAINST THE ORDER OF THE LD CIT (A) HALDWANI DATED 19/07/2016 FOR THE ASSESSMENT YEAR 2012 - 13 . 2. AT THE TIME OF HEARING THE LD AR OF THE ASSESSEE SUBMITTED A LETTER DATED 05.03.2021 STATING THAT THE APPELLANT HAS OPTED FOR DIRECT TAXES VIVAAD SE VISHWAS ACT 2020 FOR THE SAID ASSESSMENT YEAR AND THEREFORE THE ABOVE CASE MAY BE DISPOSED OFF ACCORDINGLY. 3. THE LD DR FAIRLY AGREED W ITH THE ABOVE SUBMISSION OF THE LD AR. 4. WE HAVE CAREFULLY CONSIDERED THE RIVAL CONTENTIONS AND FIND THAT AS THE ASSESSEE HAS STATED THAT IT HAS OPTED TO SETTLED ITS DISPUTE UNDER DIRECT TAXES VIVAAD SE VISHWAS ACT 2020 AND THEREFORE THE APPEAL MAY BE DISP OSED OFF ACCORDINGLY. THE LETTER DATED 05.03.2021 IS TAKEN ON RECORD AND THE APPEAL OF THE ASSESSEE IS TREATED AS WITHDRAWN AND HENCE DISMISSED SUBJECT TO THE FACT THAT IN CASE THE IMPUGNED DISPUTE IS NOT SETTLED UNDER DIRECT TAXES VIVAAD SE VISHWAS ACT 2 020 AND FORM NO . 5(2) OF THE ACT IS NOT ISSUED TO THE ASSESSEE THE ASSESSEE MAY MAKE AN APPLICATION BEFORE THE COORDINATE BENCH FOR RECALL OF THIS ORDER. PAGE | 2 5. IN THE RESULT APPEAL OF THE ASSESSEE IS TREATED AS DISMISSED AS INDICATED ABOVE. ORDER PRONOUNCED IN THE OPEN COURT ON 1 8 / 0 5 / 2 0 2 1 . - S D / - - S D / - (SUDHANSHU SRIVASTAVA) (PRASHANT MAHARISHI) JUDICIAL MEMBER ACCOUNTANT MEMBER DATED: 1 8 / 0 5 / 2 0 2 1 A K KEOT COPY FORWARDED TO 1. APPLICANT 2. RESPONDENT 3. CIT 4. CIT (A) 5. DR:ITAT ASSISTANT REGISTRAR ITAT NEW DELHI PAGE | 3 DATE OF DICTATION DATE ON WHICH THE TYPED DRAFT IS PLACED BEFORE THE DICTATING MEMBER DATE ON WHICH THE TYPED DRAFT IS PLACED BEFORE THE OTHER MEMBER DATE ON WHICH THE APPROVED DRAFT COMES TO THE SR. PS/ PS DATE ON WHICH THE FAIR ORDER IS PLACED BEFORE THE DICTATING MEMBER FOR PRONOUNCEMENT DATE ON WHICH THE FAIR ORDER COMES BACK TO THE SR. PS/ PS DATE ON WHICH THE FINAL ORDER IS UPLOADED ON THE WEBSITE OF ITAT DATE ON WHICH THE FILE GOES TO THE BENCH CLERK DATE ON WHICH THE FILE GOES TO THE HEAD CLERK THE DATE ON WHICH THE FILE GOES TO THE ASSISTANT REGISTRAR FOR SIGNATURE ON THE ORDER DATE OF DISPATCH OF THE ORDER