SOURABH HEMRAJ BORA HUF,MUMBAI vs. ASST. COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-2(2), MUMBAI
IN THE INCOME TAX APPELLATE TRIBUNAL, ‘B’ BENCH
MUMBAI
BEFORE: SHRI AMIT SHUKLA, JUDICIAL MEMBER
&
SHRI GIRISH AGRAWAL, ACCOUNTANT MEMBER
ITA No.2782/Mum/2025 & 2783/Mum/2025
(Assessment Year :2014-15 & 2015-16)
Sourabh Hemraj Bora
HUF
61/61, Gaya Building
4th Floor, 109, Yusuf
Meharali Road
Masjid Bunder
Mumbai – 400 003
Vs. Asst. Commissioner of Income
Tax,
Central
Circle-2(2)
PAN/GIR No.AAQHS0877P
(Appellant)
..
(Respondent)
Assessee by Shri Jay Thakkar
Revenue by Shri Leyaqat Ali Aafaqui,
Sr.AR
Date of Hearing
05/08/2025
Date of Pronouncement
05/08/2025
आदेश / O R D E R
PER BENCH:
The aforesaid appeals have been filed by the assessee against order dated 24.02.2025 passed by ld.CIT(A)-48 for the quantum of assessment passed u/s.147 for the A.Y.2014-15
& 2015-16. 2. In the aforesaid appeals, ld. Counsel for the assessee has submitted that assessee has opted for settlement of tax dispute under the ‘Vivad Se Vishwas Scheme-2024’ and has Sourabh Hemraj Bora HUF
2
also filed application vide letter dated 04/08/2025 before the authorities. For the sake of ready reference, the letter is reproduced hereunder:-
Respected Sir,
Re: Prayer to permit the withdrawal of appeal as the appellant has settled the disputes under "Vivad-se-Vishwas, 2024'
scheme in the case of Sourabh Hemraj Bora (HUF)
Asst. Year: 2014-15
Appeal Nos. ITA-2782/Mum/2025 and 2783/Mum/2025
PAN-AAQHS0877P
The abovesaid appeal matters are fixed for hearing on 05/08/2025. The assessee has settled the disputes under the Vivad-se-vishwas, 2024 scheme and Form No. 4 has been issued by PCIT-17, Mumbai on 10/07/2025. Accordingly, your honours are requested to permit the withdrawal of the appeals and oblige.
Thanking you.
Yours faithfully,
Chartered Accountant
Ld. DR also did not have any objection.
Accordingly, appeals of the assessee are dismissed as withdrawn as the assessee has opted for Vivad Se Vishwas Scheme-2024. In case application for VSVS does not materialize, assessee shall be at liberty to get the appeals restituted. With this liberty, appeals of the assessee are dismissed in-limine. Sourabh Hemraj Bora HUF
In the result, appeals of the assessee are dismissed as withdrawn.
Order pronounced on 5th August, 2025. (GIRISH AGRAWAL) (AMIT SHUKLA)
ACCOUNTANT MEMBER
JUDICIAL MEMBER
Mumbai; Dated 05/08/2025
KARUNA, sr.ps
Copy of the Order forwarded to :
BY ORDER,
(Asstt.