RAVE @ MOTI ENTERTAINMENT PVT. LTD.,KANPUR vs. DY. COMMISSIONER OF INCOME TAX-IV, KANPUR

PER BENCH:

(A)
These three appeals have been filed by the assessee pertaining to assessment years 2012-13, 2013-14 & 2014-15 against impugned appellate orders dated 26/04/2016, 17/10/2017 and 17/10/2017 respectively passed by learned Commissioner of Income Tax (Appeals) [“CIT(A)” for short].

(B)
During the course of hearing, it was noticed that the assessee has submitted separate applications dated 06/01/2025, 06/01/2025 and Appellant by Shri P. K. Kapoor, C. A.
Respondent by Shri Sanjeev Krishna Sharma,
Addl. CIT (D.R.)

I.T.A. Nos.420/Lkw/2016, 755 & 756/Lkw/2017
Assessment Years:2012-13, 13-14 & 14-15
2

23/01/2025 requesting the Bench that since the assessee has opted for Vivad Se Viswas Scheme-2024 (“VSVS” for short) and designated authority has issued certificate in Form-2 on 24/12/2024 in respect of appeal
No.420/Lkw/2016, Certificate in Form No. 4 on 09/01/2025 in respect of appeal No.755/Lkw/2017 and certificate in Form No. 2 on 24/12/2024 in respect of appeal No.756/Lkw/2017, the assessee may be permitted to withdraw the present appeals. Copy of Form No. 2 and Form No. 4 was also enclosed. Learned Departmental Representative for Revenue expressed no objection. In view of the foregoing, the appeals of the assessee are dismissed as withdrawn on account of assessee opting for VSVS.

(C)
By way of abundant caution, we clarify that assessee will be at liberty to approach Income Tax Appellate Tribunal for restoration of appeal if it is found that the issues in dispute in present appeals are not settled under aforesaid VSVS.

(D)
In the result, all the appeals of the assessee are dismissed as withdrawn.

(Order pronounced in the open court on 23/01/2025) . .
(KUL BHARAT) (ANADEE NATH MISSHRA)
Vice President Accountant Member

Dated:23/01/2025
*Singh

Copy of the order forwarded to :