SHAILESH PURSHOTTAMDAS PATEL,AHMEDABAD vs. INCOME TAX OFFICER - WARD 3(3)(5) AHMEDABAD, VEJALPUR
Income Tax Appellate Tribunal, “A” BENCH, AHMEDABAD
Before: SMT. ANNAPURNA GUPTA & SHRI SIDDHARTHA NAUTIYAL
PER SIDDHARTHA NAUTIYAL - JUDICIAL MEMBER:
This appeal has been filed by the Assessee against the order passed by the Ld. Commissioner of Income Tax (Appeal), Ahmedabad, National
Faceless Appeal Center Delhi (in short “Ld. CIT(A)”), passed for A.Y.
2013-14. 2. The Assessee has taken the following grounds of appeal:-
1. Addition on account of unexplained cash deposit in Bank Account.
2. Without prejudice to our claim & contentions, if the addition on account of Unexplained cash deposit in bank account is confirmed then the same may restricted to Rs.3,29,000/-
3. Addition on account of Unexplained Time deposit in Bank.
4. Addition on account of Unexplained Share Trading Transaction.
Asst.Year –2013-14
- 2–
Initiation of Penalty Proceedings u/s.271(1)(c) of the Act. 6. Initiation of Penalty proceedings u/s.271F of the Act. 3. In this case, the Ld. Counsel for the assessee has filed an application for withdrawal of present appeal on the ground that the assessee has opted to settle the dispute under the Vivas se Vishwas(VsV) scheme, 2024. The relevant portion of the letter dated 23.01.2025 submitted before us is reproduced below for ready reference. “ With reference to above, we have to state that we have opted to settle the dispute under the Vivad se Vishwas (VSV) scheme, 2024. Form 1 was duly filed on 11-12-24 vide ACK no. 749159920111224. Subsequently, Form 2 was received on 09-01-25 vide ACK no. 811489571090125 asking us to pay Rs. 16,45,287/- (Annexure 1) Accordingly, we have paid Rs. 16,45,287/- on 23-01-25 (Copy enclosed-Annexure 2)”
In view of above, the appeal of the assessee is hereby dismissed as withdrawn.
This Order pronounced in Open Court on 29.01.2025 (ANNAPURNA GUPTA)
JUDICIAL MEMBER
()
Ahmedabad; Dated 29.01.2025
Manish, Sr. PSआदेश कᳱ ᮧितिलिप अᮕेिषत/Copy of the Order forwarded to :
1. अपीलाथᱮ / The Appellant
2. ᮧ᭜यथᱮ / The Respondent.
3. संबंिधत आयकर आयुᲦ / Concerned CIT
4. आयकर आयुᲦ(अपील) / The CIT(A)-
5. िवभागीय ᮧितिनिध, आयकर अपीलीय अिधकरण, अहमदाबाद / DR, ITAT, Ahmedabad
6. गाडᭅ फाईल / Guard file.
आदेशानुसार/ BY ORDER,
उप/सहायक पंजीकार (Dy./Asstt.