GANPATI TOWNSHIPS LIMITED,BATHINDA vs. DCIT, CENTRAL CIRCLE-1, LUDHIANA

आयकर अपीलȣय अͬधकरण, चÖडीगढ़ Ûयायपीठ, चÖडीगढ़
IN THE INCOME TAX APPELLATE TRIBUNAL
CHANDIGARH BENCH, ‘A’, CHANDIGARH

BEFORE SHRI RAJPAL YADAV, VICE PRESIDENT &
SHRI KRINWANT SAHAY, ACCOUNTANT MEMBER

आयकर अपील सं./ ITA No. 373/CHD/2024
Ǔनधा[रण वष[ / Assessment Year : 2018-19

Ganpati Townships
Limited,
Hotel Confor Inn Tulip,
Tulip Height,
Opp.Rose Garden,
Goniana Road, Bhatinda
Punjab 151001
बनाम
Vs.

The DCIT,
Central Circle-1,
Ludhiana
èथायी लेखा सं./PAN NO: AACCG4398L
अपीलाथȸ/Appellant
Ĥ×यथȸ/Respondent

( Physical Hearing )

Ǔनधा[ǐरती कȧ ओर से/Assessee by : Sh. Sudhir Sehgal, Advocate
राजèव कȧ ओर से/ Revenue by : Shri Manav Bansal, CIT DR

सुनवाई कȧ तारȣख/Date of Hearing

:
20.05.2025
उदघोषणा कȧ तारȣख/Date of Pronouncement
:
20.05.2025

आदेश/Order

Per Bench :

Appeal in this case has been filed by the assessee against the order dated 18.02.2024 of ld. Commissioner of Income Tax
(Appeals)-5, for the Assessment Year 2018-19. 2. The Ld. Counsel, on behalf of the Assessee, has filed an application dated 17.05.2025 for withdrawal of this appeal on the ground that the Assessee has opted for the 'Vivad Se
Vishwas Scheme 2024’ and sought permission of the Bench to 373-Chd-2024
Ganpati Townships Limited, Bathinda withdraw the aforementioned appeal. Necessary certificate in Form No.2 under Rule 5 has been issued to him which is placed on record.
3. Considering the prayer of the assessee, this appeal is dismissed as ‘withdrawn’ because in view of this settlement of dispute under 'Vivad Se Vishwas Scheme', it becomes infructuous. However, it is made clear that in case, on account of some technicalities, assessee fails to avail the full benefit of this Scheme, then both sides will be at liberty to get the appeal revived after filing of application under Section 254(2) of the Income Tax Act. Such application be filed within due date of limitation provided under this Scheme.
4. In the result, appeal of the assessee is dismissed as withdrawn.
Order pronounced on 20.05.2025. ( RAJPAL YADAV )
Accountant Member
“आर.के.”

373-Chd-2024
Ganpati Townships Limited, Bathinda

आदेश कȧ ĤǓतͧलͪप अĒेͪषत / Copy of the order forwarded to :
1. अपीलाथȸ/ The Appellant
2. Ĥ×यथȸ/ The Respondent
3. आयकर आयुÈत/ CIT
4. ͪवभागीय ĤǓतǓनͬध, आयकर अपीलȣय आͬधकरण, चÖडीगढ़/ DR, ITAT,
CHANDIGARH
5. गाड[ फाईल/ Guard File
आदेशानुसार/ By order,

सहायक पंजीकार/