RANGOLI PORTFOLIO PRIVATE LIMITED,PANCHKULA vs. DCIT, CIRCLE, PANCHKULA
आयकर अपीलȣय अͬधकरण,चÖडीगढ़ Ûयायपीठ, चÖडीगढ़
IN THE INCOME TAX APPELLATE TRIBUNAL
CHANDIGARH BENCH, ‘B’, CHANDIGARH
BEFORE SHRI RAJPAL YADAV, VICE PRESIDENT &
SHRI KRINWANT SAHAY, ACCOUNTANT MEMBER
आयकर अपील सं./ ITA Nos. 720 & 725 /CHD/2023
Ǔनधा[रण वष[ / Assessment Yearss : 2015-16 & 2014-15
Rangoli Portfolio private
Limited,
354, 2ndFloor, Sector
9,
Panchkula Haryana
बनाम
The DCIT,
Circle,
Panchkula
èथायी लेखा सं./PAN NO: AADCR5197F
अपीलाथȸ/Appellant
Ĥ×यथȸ/Respondent
( Physical Hearing )
Ǔनधा[ǐरती कȧ ओर से/Assessee by : Shri Parikshit Aggarwal, CA &
Shri Rohit Kaura, Advocate
राजèव कȧ ओर से/ Revenue by : Dr. Ranjit Kaur, Sr.DR
सुनवाई कȧ तारȣख/Date of Hearing
:
13.01.2025
उदघोषणा कȧ तारȣख/Date of Pronouncement
:
15.01.2025
आदेश/Order
Per Bench :
Captioned appeals have been preferred by the assessee against the orders of ld. CIT(A), National Faceless Appeal Centre,
Delhi [hereinafter referred to as ‘CIT(A)’], dated 29.09.2023 and 720 & 725-Chd-2023
Rangoli Portfolio Private Limited
10.2023 for the Assessment Years 2015-16 & 2014-15 respectively. 2. The assessee has filed separate applications each dated 9.9.2025 for withdrawal of these appeals on the ground that he has availed benefit of 'Vivad Se Vishwas Scheme 2024’ and he has resolved the dispute with the Revenue under this Scheme. Necessary certificates in Form No.2 under Rule 5 have been issued to him which is placed on record. 3. Considering the prayer of the assessee, both the appeals are dismissed as ‘withdrawn’ because in view of this settlement of dispute under 'Vivad Se Vishwas Scheme', it becomes infructuous.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 failed to avail the full benefit of this Scheme, then both sides will be at liberty to get the appeals 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.
720 & 725-Chd-2023
Rangoli Portfolio Private Limited
In the result, both the appeals of the assessee are dismissed as withdrawn. Order pronounced on 15. 01.2025. ( RAJPAL YADAV ) Accountant Member “आर.के.” 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/