Loading judgment…
No AI summary yet for this case.
Income Tax Appellate Tribunal, “B” BENCH, AHMEDABAD
Before: MS. SUCHITRA KAMBLE & SHRI MAKARAND V. MAHADEOKAR
PER MAKARAND V. MAHADEOKAR, AM: These two appeals filed by the assessee pertain to the Assessment Years (AYs) 2016-17 and 2017-18 against the orders passed by the Commissioner of Income Tax (Appeals), National Faceless Appeal Centre (NFAC), Delhi [hereinafter referred to as “CIT(A)"], dated 12/10/2023 confirming the disallowance of deduction under section 80GGC of the Income Tax Act, 1961 [hereinafter referred to as “the Act"], in respect of donations made to political parties. ITA Nos.1020 & 1021/Ahd/2023 Asst. Years: 2016-17 & 2017-18 2
For A.Y. 2016-17, the assessee claimed a deduction of Rs.35,00,000/- for a donation to Rashtriya Samajwadi Party, which was disallowed. For A.Y. 2017-18, the assessee claimed a deduction of Rs.25,00,000/- for a donation to Rashtriya Komi Ekta Party, which was also disallowed.
The CIT(A) upheld the disallowances in both years.
Aggrieved by the orders of CIT(A), the assessee preferred the present appeals before us, challenging the findings of the lower authorities.
During the course of hearing, the assessee submitted a letter dated 4th March 2025, stating that it has opted for settlement under the Vivad Se Vishwas Scheme, 2024 (VSVS), and Form No. 2 has been issued by the competent authority. Accordingly, the assessee requested to withdraw both appeals.
The Departmental Representative (DR) raised no objections. Considering the submissions, the appeals are dismissed as withdrawn. However, the assessee is at liberty to seek restoration in case of any difficulty in implementing the scheme. ITA Nos.1020 & 1021/Ahd/2023 Asst. Years: 2016-17 & 2017-18 3
In the result, both the appeals for AYs 2016-17 and 2017-18 (ITA Nos. 1020 & 1021/Ahd/2023) are dismissed as withdrawn. Order pronounced in the Open Court on 5th March, 2025 at Ahmedabad. (SUCHITRA KAMBLE) JUDICIAL MEMBER (MAKARAND V. MAHADEOKAR) ACCOUNTANT MEMBER अहमदाबाद/Ahmedabad, दिनांक/Dated 05/03/2025 टी. सी. नायर, व.नि. स. / T.C. NAIR, Sr. PS आदेश की प्रतिलिपि अग्रेषित/