RAGHOBA RAMCHANDRA SADEKAR,SINDHUDURG vs. INCOME TAX OFFICER, WARD 1, KUDAL

IN THE INCOME TAX APPELLATE TRIBUNAL
PUNE BENCH “B”, PUNE

BEFORE SHRI MANISH BORAD, ACCOUNTANT MEMBER
AND SHRI VINAY BHAMORE, JUDICIAL MEMBER

आयकर अपील सं. / ITA No.1500/PUN/2024
िनधाᭅरण वषᭅ / Assessment Year : 2013-14

Raghoba
Ramchandra
Sadekar,
Kasai
Dodamarg,
Bhosle
Colony,
Dodamarg,
Sindhudurg- 416512. PAN : DSTPS3993A
Vs. ITO, Ward-1, Kudal.
Appellant

Respondent

आदेश / ORDER

PER MANISH BORAD, AM:

This appeal filed at the instance of assessee is directed against the order of Ld. CIT(A)/NFAC dated 27.05.2024 which is arising out of the order for Assessment Year 2013-14 framed on 27.09.2021
by the ITO, NFAC, Delhi.
2. When the case was called for none appeared on behalf of the assessee. Even on the last date of hearing i.e. on 24.02.2025 there was no representation. However, prior to 24.02.2025, Mr. Rajesh
A. Athavale has appeared on behalf of the assessee and seeked adjournment. However, since the assessee has not complied to the Assessee by : None
Revenue by : Shri A. D. Kulkarni

Date of hearing
: 03.04.2025
Date of pronouncement : 30.05.2025
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notice of hearing given by this Tribunal even after the issuance of valid notice of hearing, we deem it appropriate to adjudicate the appeal on the basis of available records.
3. The only grounds raised by the assessee is that Ld.
CIT(A)/NFAC erred in confirming the addition of Rs.56,50,000/- made u/s 69A of the Act for unexplained money in respect of cash deposit in the bank account.
4. Before moving to adjudicate the grounds on merit, we take note on an application for adjournment which has been filed today through e-mail without any physical/virtual hearing wherein it has been stated that the client has filed a declaration under the Direct
Tax Vivad Se Vishwas Scheme, 2024 and therefore requested to adjourn the hearing. Considering this situation that the assessee has opted for Direct Tax Vivad Se Vishwas Scheme, 2024, dealing with merits of the case would be merely academic in nature. During the course of period between the date of hearing of this appeal on 03.04.2025 and prior to pronouncement of the order, a communication has been received from the Authorized
Representative of the assessee on 29.05.2025 requesting for withdrawal of the appeal as the assessee has successfully opted for the settlement of tax dispute under the Direct Tax Vivad Se
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Vishwas Scheme, 2024 and the tax demand determined in Form
No.2 at Rs.4,33,135/- has been paid by the assessee on 26.05.2025. 5. Considering the fact that the assessee has settled the tax dispute under the Direct Tax Vivad Se Vishwas Scheme, 2024 and the prayer made in the application dated 29.05.2025, we hereby dismiss the instant appeal as withdrawn. However, liberty is granted to the assessee to file Miscellaneous Application in case the assessee is not able to fully succeed under the Direct Tax Vivad Se
Vishwas Scheme, 2024 however such Miscellaneous Application is required to be filed within the statutory time limit provided under the Act.
6. In the result, appeal of the assessee is dismissed as withdrawn.
Order pronounced on 30th day of May, 2025. (VINAY BHAMORE) (MANISH BORAD)

JUDICIAL MEMBER ACCOUNTANT MEMBER

पुणे / Pune; ᳰदनांक / Dated : 30th May, 2025. Sujeet
आदेश कᳱ ᮧितिलिप अᮕेिषत / Copy of the Order forwarded to :
1. अपीलाथᱮ / The Appellant.
2. ᮧ᭜यथᱮ / The Respondent.
3. The Pr. CIT concerned.
4. िवभागीय ᮧितिनिध, आयकर अपीलीय अिधकरण, “B” बᱶच,
पुणे / DR, ITAT, “B” Bench, Pune.

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Senior Private Secretary

आयकर अपीलीय अिधकरण, पुणे / ITAT, Pune.