OCEAN CASSETTE COPIER PVT. LTD.,KOLKATA vs. I.T.O., WARD - 1(1), KOLKATA

IN THE INCOME TAX APPELLATE TRIBUNAL
‘A” BENCH KOLKATA

Before Shri Sonjoy Sarma, Judicial Member and Shri Rakesh Mishra, Accountant Member

I.T.A. No.2411/Kol/2024
Assessment Year: 2012-13

Ocean Cassette Copier Pvt. Ltd.……..…………………....Appellant
1st Floor, R/No.106, Jaba Kusum
34 C R Avenue, Kolkata.
[PAN: AAACO2923K]
vs.
ITO, Ward-1(1), Kolkata …………………..………………….…..... Respondent

Appearances by:
Shri P. K. Sanghai, FCA, appeared on behalf of the appellant.
Shri Manas Mondal, Sr. DR, appeared on behalf of the Respondent.

Date of concluding the hearing : July 24, 2025
Date of pronouncing the order : July 24, 2025

आदेश / ORDER
Per Sonjoy Sarma, Judicial Member:

This appeal by the assessee is directed against the order dated
28.09.2024 passed by the NFAC [in short CIT(A)] under section 250 of the Income-tax Act, 1961. 2. The assessment order submitted a letter dated 24.07.25 stating that the assessee has opted for settlement ‘Vivad se Vishwas Scheme"
before the competent authority and Form No. 1 has already been filed and acknowledged. However, the final process under the scheme is yet to be completed. In view of this, the assessee prayed for withdrawal of the appeals with liberty to revive the same in case the process under the scheme fails for any reason, and to address the issues raised in the appeal if necessary in future.
3. The learned DR did not object to the prayer made by the assessee's counsel.

I.T.A. No.182/Kol/2024
Ganesh Mahato

2
4. We have heard both sides and perused the materials available on record. It is noted that the assessee has filed Form No. 1 under the "Vived se Vishwas Scheme and the matter is likely to be resolved under the said scheme. However, in the interest of justice, we grant liberty to the assessee to file appropriate application for revival of the appeal in case the desired outcome under the scheme does not materialize.
5. In view of the above, the appeal is dismissed as withdrawn with liberty as prayed for.
Kolkata, the 24th July, 2025. [Rakesh Mishra]

[Sonjoy Sarma]
लेखा सदèय/Accountant Member

ÛयाǓयक सदèय/Judicial Member

Dated: 24.07.2025. RS

Copy of the order forwarded to:
1. Appellant -
2. Respondent -
3.CIT (A)-
4. CIT- ,

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By order