BUNDY INDIA LIMITED,,VADODARA vs. THE DY. CIT., CIRCLE-1(1),, BARODA
IN THE INCOME TAX APPELLATE TRIBUNAL
AHMEDABAD “D” BENCH
Before: DR. BRR KUMAR, VICE PRESIDENT
And Shri T.R. SENTHIL KUMAR, JUDICIAL MEMBER
Bundy India Limited
Plot No. 2, GIDC,
Industrial Estate,
Makarpura,
Vadodara-390010
PAN: AAACB3039M
(Appellant)
Vs
Dy.Commissioner of Income Tax
Circle-1(1), Baroda
(Respondent)
Assessee Represented: Shri S.N. Soparkar, Sr. Adv.,
Shri Jignesh Parikh &
Shri Ukti Shah, Ars.
Revenue Represented: Shri Sher Singh, CIT-DR
Date of hearing
: 29-07-2025
Date of pronouncement : 30-07-2025
आदेश/ORDER
PER : T.R. SENTHIL KUMAR, JUDICIAL MEMBER:-
This appeal is filed by the Assessee as against the appellate order dated 24.02.2016 passed by the Commissioner of Income Tax
(Appeals)-1, Vadodara arising out of the assessment order passed under section 143(3) r.w.s. 144C(3) of the Income Tax Act, 1961
(hereinafter referred to as ‘the Act’) relating to the Assessment Year
2008-09. ITA No: 1402/Ahd/2016
Assessment Year: 2008-09
I.T.A No. 1402/Ahd/2016 A.Y. 2008-09 Page No Bundy India Ltd. Vs. DCIT
2
2. At the outset, Ld. Counsel submitted that the assessee has opted to settle the dispute under the new Vivad Se Vishwas Scheme,
2024 and filed copy of Form No. 1 dated 30-12-2024 with Acknowledgement No. 792357390301224. It is further submitted that Form No. 2 is awaited from the Competent Authority.
Taking note of the Form No. 1 filed under Vivad Se Vishwas Scheme 2024, the appeal filed by the assessee is hereby dismissed with liberty to the assessee to restore the appeal, in the event the application filed under VSV Scheme is rejected by the Competent Authority.
In the result, the appeal filed by the Assessee is dismissed.
Order pronounced in the open court on 30 -07-2025 (DR. BRR KUMAR) (T.R. SENTHIL KUMAR)
VICE PRESIDENT JUDICIAL MEMBER
Ahmedabad: Dated 30/07/2025
आदेश कȧ ĤǓतͧलͪप अĒेͪषत / Copy of Order Forwarded to:-
1. Assessee
Revenue 3. Concerned CIT 4. CIT (A) 5. DR, ITAT, Ahmedabad 6. Guard file.
By order/आदेश से,
उप/सहायक पंजीकार
आयकर अपीलȣय अͬधकरण,
अहमदाबाद