SHRI ATUL JAYANTILAL SHAH,SURAT vs. THE DCIT INT. TAXA,, VADODARA
आयकर अपीलीय अिधकरण, अहमदाबाद ायपीठ “बी“, अहमदाबाद ।
IN THE INCOME TAX APPELLATE TRIBUNAL
“B” BENCH, AHMEDABAD
सुी सुिचा काले, ाियक सद एवं
ी मकरंद वसंत महादेवकर, लेखा सद के सम"।
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BEFORE MS. SUCHITRA KAMBLE, JUDICIAL MEMBER
AND SHRI MAKARAND V. MAHADEOKAR, ACCOUNTANT MEMBER
आयकर अपील सं /ITA No.58/Ahd/2021 2. आयकर अपील सं /ITA No.59/Ahd/2021 (िनधारण वष /Assessment Year : 2015-16)
Shri Atul Jayantilal Shah 60, Santi Niketan Society Sumul Dairy Road Gotalawadi, Surat-395004 PAN: BOOPS 6908 C
Daksha Atul Shah (address same as above) PAN: BOOPS 6500 J बनाम/ v/s.
1-2. The DCIT Int.Taxation
Vadodara – 390 008
अपीलाथ%/ (Appellants)
&' यथ%/ (Respondent)
Assessees by :
Shri Parin S. Shah, AR
Revenue by :
Shri Kavan Limbasiya, Sr.DR
सुनवाई की तारीख/Date of Hearing : 05 /03/2025
घोषणा की तारीख /Date of Pronouncement: 06 /03/2025
आदेश/O R D E R
PER MAKARAND V. MAHADEOKAR, AM:
These two appeals filed by the different assessees pertain to the Assessment Year (AY) 2015-16 against the separate orders passed by the Commissioner of Income Tax (Appeals)-13, Ahmedabad [hereinafter referred to as “CIT(A)”] both dated 04/03/2021 confirming the addition of Rs.36,01,000/- in each case under section 50C of the Income Tax Act, 1961
[hereinafter referred to as “the Act”].
ITA Nos.58 & 59/Ahd/2021
Shri Atul Jayantilal Shah & Dakshu Atul Shah vs. DCIT Int. Taxa.
Asst. Years: 2015-16
For A.Y. 2015-16, in both the cases of assessees, the AO made addition(s) u/s.50C of the Act, which were confirmed by the Ld.CIT(A).
Aggrieved by the order(s) of the CIT(A), the assessees preferred the present appeals before us, challenging the findings of the lower authorities.
During the course of hearing, the AR of the assessees submitted separate letters dated 5th March 2025, stating that assessees have opted for settlement under the Vivad Se Vishwas Scheme, 2024 (VSVS), and Form No. 2 has been issued by the competent authority. Accordingly, the assessees requested to withdraw both the appeals.
The Departmental Representative (DR) raised no objections. Considering the submissions, the appeals are dismissed as withdrawn. However, the assessees are at liberty to seek restoration in case of any difficulty in implementing the scheme.
In the result, both the appeals of the assessees in ITA Nos.58/Ahd/2021 & 59/Ahd/2021 for AY 2015-16 are dismissed as withdrawn. Order pronounced in the Open Court on 6th March, 2025 at Ahmedabad. (SUCHITRA KAMBLE) JUDICIAL MEMBER अहमदाबाद/Ahmedabad, िदनांक/Dated 06/03/2025
टी.सी.नायर, व.िन.स./T.C. NAIR, Sr. PS
ITA Nos.58 & 59/Ahd/2021
Shri Atul Jayantilal Shah & Dakshu Atul Shah vs. DCIT Int. Taxa.
Asst. Years: 2015-16
आदेश की !ितिलिप अ"ेिषत/Copy of the Order forwarded to :
अपीलाथ$ / The Appellant 2. !%थ$ / The Respondent. 3. संबंिधत आयकर आयु& / Concerned CIT 4. आयकर आयु& ) अपील ( / The CIT(A)-13, Ahmedabad 5. िवभागीय !ितिनिध , आयकर अपीलीय अिधकरण , राजोकट/DR,ITAT, Ahmedabad, 6. गाड फाईल / Guard file.
आदेशानुसार/ BY ORDER,
स%ािपत !ित ////
सहायक पंजीकार (Asstt.