THE THANESAR CO-OP MARKETING CUM PROCESSING SOCIETY LIMITED,KURUKSHETRA, HARYANA vs. INCOME TAX OFFICER, WARD-1, KURUKSHETRA, HARYANA, KURUKSHETRA, HARYANA
आयकर अपीलȣय अͬधकरण,चÖडीगढ़ Ûयायपीठ, चÖडीगढ़
IN THE INCOME TAX APPELLATE TRIBUNAL
CHANDIGARH BENCH, ‘B’, CHANDIGARH
BEFORE SHRI VIKRAM SINGH YADAV, ACCOUNTANT MEMBER
& SHRI PARESH M. JOSHI, JUDICIAL MEMBER
आयकर अपील सं./ ITA No. 798/CHD/2023
Ǔनधा[रण वष[ / Assessment Year: 2015-16
The Thanesar Co-op Marketing cum Processing Society
Limited,
Shop No. 75, New Grain
Market,
Kurukshetra 136118
Vs.
बनाम
The ITO,
Ward,
Kurukshetra
èथायी लेखा सं./PAN No: AADAT5323K
अपीलाथȸ/
ASSESSEE
Ĥ×यथȸ/
REPSONDENT
( Hybrid Hearing )
Ǔनधा[ǐरती कȧ ओर से/Assessee by : Shri B M Monga, Advocate and Shri Rohit Kaura, Advocate
राजèव कȧ ओर से/ Revenue by : Shri Dharam Vir, Addl. CIT Sr.DR
सुनवाई कȧ तारȣख/Date of Hearing
:
12.02.2025
उदघोषणा कȧ तारȣख/Date of Pronouncement
:
12.02.2025
आदेश/Order
Per Paresh M. Joshi, JM :
Appeal in this case has been filed by the assessee against the order dated 16.10.2023 of ld. Commissioner of Income Tax
(Appeals), National Faceless Appeal Centre (NFAC), Delhi for the Assessment Year 2015-16. 798-Chd-2023
The Thanesar Coop Marketing Cum Processing
Society Ltd, Kurukshetra
The Ld. Authorized Representative on behalf of the Assessee, has filed an application dated 23.12.2024 for withdrawal of this appeal on the ground that he has opted to avail benefit of 'Vivad Se Vishwas Scheme, 2024’ and has accordingly filed the requisite Form (1) under the Scheme and Form 2 has been issued to the Assessee by the Department on 19.12.2024. It has further been submitted that the Designated Authority under the said scheme has issued the necessary Certificate under section 92(1) the Finance (No.2) Act, 2024 confirming the resolution of dispute by determining the amount payable by the Assessee. As such a prayer has been made by the Assessee for withdrawal of the captioned appeal.
Considering the prayer of the assessee, this appeal is dismissed as withdrawn because in view of this settlement of dispute under 'Vivad Se Vishwas Scheme', it becomes infructuous.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.
798-Chd-2023
The Thanesar Coop Marketing Cum Processing
Society Ltd, Kurukshetra
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 12.02.2025. ( VIKRAM SINGH YADAV )
Accountant Member
“rkk”
आदेश कȧ ĤǓतͧलͪप अĒेͪषत / Copy of the order forwarded to :
1. अपीलाथȸ/ The Assessee
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/