LOKMANGAL CO-OPERATIVE BANK LTD.,SOLAPUR vs. ASST. COMMISSIONER OF INCOME TAX OFFICE CIRCLE - 2 , SOLAPUR
आयकर अपीलीय अधिकरण "ए" न्यायपीठ पुणे में ।
IN THE INCOME TAX APPELLATE TRIBUNAL "A" BENCH,
PUNE
BEFORE Dr. MANISH BORAD, ACCOUNTANT MEMBER
AND SHRI VINAY BHAMORE, JUDICIAL MEMBER
आयकर अपील सं. / ITA No.1179/PUN/2024
धििाारण वर्ा / Assessment Year: 2015-16
Lokmangal Co-operative
Bank Ltd,
128, Murarji Peth, Near
Sevasadan, High School,
Solapur-413001
Maharashtra
PAN-AAAAL0119J
Vs.
Asstt. CIT, Circle-2,
Solapur
अपीलार्थी / Appellant
प्रत्यर्थी/Respondent
Assessee by:
CA Pramod Shingte
Department by:
Shri Ramnath P Murkunde
Date of hearing:
07-08-2025
Date of Pronouncement:
13-08-2025
आदेश / ORDER
PER DR. MANISH BORAD, ACCOUNTANT MEMBER:-
This appeal at the instance of assessee is directed against the order dated 25.09.2018 passed by NFAC, Delhi u/s 250 of the Income-tax Act, 1961 which in turn is arising out of assessment order passed u/s 143(3) dated 26.12.2017 of the income tax Act.
2. At the outset assessee requested for withdrawing the appeal as the assessee has opted for settling the Tax dispute under the “Direct Tax Vivad se Vishwas Scheme 2024”
(DTVSV) and the assessee has received Form No. 2 on 05.08.2025. 2
3. Ld. Departmental Representative (DR) raised no objection to the contention of the Ld. Counsel for the assessee withdrawing the instant appeal.
We have heard rival contentions and perused the record placed before us. The instant appeal is barred by limitation of 207 days. However before going into the reasons for delay in filing of the instant appeal, Ld. Counsel for the assessee at the outset has requested for withdrawal of instant appeal as the assessee has objected for setteling the tax dispute under the Direct Tax Vivad Se Vishwas Scheme (DTVSV). Form No. 1 was filed by the assessee on 25.04.2025 and the Income Tax Department has issued Form No. 2 specifying the balance amount of tax payable by the assessee under the DTVSV Scheme. Considering the application/contention of the assessee the instant appeal is dismissed as withdrawan on account of the application being addmitted under DTVSV Scheme, 2024. We however grant liberty to the assessee to file the miscellaneous application for re-calling of this order in case the assessee is unable to get Form No. 4 from the Income Tax Department and application under DTVSV Scheme, 2024 is rejected. Accordingly appeal of the assessee is dismissed as withdrawn. 5. In the result, appeal of the assessee is dismissed as withdrawn.
Order pronounced on this 13th day of August, 2025. (VINAY BHAMORE) (MANISH BORAD)
JUDICIAL MEMBER ACCOUNTANT MEMBER
पुणे/ Pune; ददिांक / Dated: 13th August, 2025. Neeta
3
आदेश की प्रधिधलधप अग्रेधर्ि / Copy of the Order forwarded to:
1. अपीलार्थी / The Appellant.
2. प्रत्यर्थी / The Respondent.
3. The Pr. CIT concerned.
4. धवभागीय प्रधिधिधि, आयकर अपीलीय अधिकरण, "A" बेंच,
पुणे / DR, ITAT, "A" Bench, Pune.
5. गार्ा फाइल / Guard File.
आदेशािुसार / BY ORDER,
Senior Private Secretary
आयकर अपीलीय अधिकरण, पुणे / ITAT, Pune