PHOENIX PLASTOTRADE PRIVATE LIMITED,AHMEDABAD vs. ITO, WARD 3(1)(1) (ERSTWHILE ITO, WARD-3(1)(2)), AHMEDABAD
IN THE INCOME TAX APPELLATE TRIBUNAL
AHMEDABAD “SMC” BENCH
BEFORE: DR. B.R.R. KUMAR, VICE PRESIDENT
And SHRI SIDDHARTHA NAUTIYAL, JUDICIAL MEMBER
Assessment Year : 2017-18
Phoenix Plastotrade Pvt. Ltd.
Flat No.203, 2nd Floor,
Circle P, Near Prahlad Nagar
Garden,
Prahlad Nagar,
Gujarat-380015. PAN: AAGCP1574K
(Appellant)
Vs
The Income Tax
Officer,
Ward-3(1)(1),
(Erstwhile Income Tax
Officer,
Ward-3(1)(2),
Ahmedabad.
(Respondent)
Assessee Represented : None
Revenue Represented : Shri Ravindra, Sr.D.R.
Date of hearing
: 19.02.2025
Date of pronouncement : 26.02.2025
आदेश/ORDER
PER : DR. BRR KUMAR, VICEPRESIDENT:
This appeal is filed by the Assessee as against the appellate order dated 27.03.2024 passed by the Commissioner of Income Tax
(Appeals)/National Faceless Appeal Centre, Delhi, relating to the Assessment Year 2017-18. 2. At the outset, the assessee vide letter dated 18.02.2025
submitted that he has opted for Vivad Se Vishwas Scheme and I.T.A No. 1276/Ahd/2024 A.Y. 2017-18 Page No 2
consequently requested that his application for withdrawal of appeal may please be granted. The assessee has filed Form No.1
under the Direct Tax Vivad Se Vishwas Scheme, 2024. 3. The ld. Departmental Representative, appearing for the Revenue, stated that he has no objection to withdraw the appeal in the circumstances narrated on behalf of the assessee.
In the light of written request made on behalf of the assessee, the appeal is dismissed as withdrawn. However, in the event, the assessee fails to avail the benefit of VSV Scheme for any bonafide reason, then the assessee will be at liberty to seek restoration of original appeal for hearing before ITAT in accordance with law.
In the result, the appeal filed by the Assessee is hereby dismissed as withdrawn.
Order pronounced in the open court on 26.02.2025 (SIDDHARTHA NAUTIYAL) (DR.BRR KUMAR)
JUDICIAL MEMBER VICE PRESIDENT
()
Ahmedabad : Dated 26.02.2025
I.T.A No. 1276/Ahd/2024 A.Y. 2017-18 Page No 3
आदेश क त
ल प अे षत / 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 अपीलय अधकरण, अहमदाबाद