SH. GURMEET SINGH,JAIPUR vs. ITO, WARD-5(2), JAIPUR, JAIPUR

आयकरअपीलीय अधिकरण] जयपुर न्यायपीठ] जयपुर
IN THE INCOME TAX APPELLATE TRIBUNAL, JAIPUR BENCHES, “SMC-Bench” JAIPUR

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BEFORE: SHRI GAGAN GOYAL, AM & SHRI NARINDER KUMAR, JM vk;djvihy la-@ITA No. 1548/JP/2024
fu/kZkj.ko"kZ@Assessment Year: 2016-17
LFkk;hys[kk la-@thvkbZvkj la-@PAN/GIR No.:AXRPS 1784 R vihykFkhZ@Appellant izR;FkhZ@Respondent fu/kZkfjrh dh vksjls@Assessee by : Shri P.C. Parwal, CA.
jktLo dh vksjls@Revenue by: Sh. Gautam Singh Choudhary, Addl. CIT-DR.

lquokbZ dh rkjh[k@Date of Hearing

: 26 /02/2025

mn?kks"k.kk dh rkjh[k@Date of Pronouncement : 26 /02/2025

vkns'k@ORDER

PER: NARINDER KUMAR, JUDICIAL MEMBER

The assessee is in appeal, while challenging impugned order dated 16-12-
2024 passed by Ld. Addl. CIT(A)-1, Gurugram, u/s 250 of Income Tax Act, 1961
( in short “the Act”), relating to the assessment year 2016-17, as thereby the appeal filed by him challenging assessment order dated 20-12-2018 has been allowed only in part, in the manner indicated therein.

2
The assessee deals in export sales. Vide assessment order, the AO computed the total income of the assessee at Rs.7,36,470/- by making an addition of Rs.3,94,737/- on account of duty draw back, allowing deduction of Rs.79,905/- under Chapter VIA, and computing the net profit @ 8%, to the tune of Rs.4,21,640/-, u/s 44AD of the Act.
3. Today, the appeal has been put up alongwith an application dated 17-01-
2025 submitted on behalf of the appellant.
6. As a result, this appeal is dismissed as having been withdrawn . However, it is made clear that in case no settlement is arrived at under the said Scheme, the assessee -appellant shall be at liberty to file appropriate application for restoration of the appeal, and that too in accordance with law.
7. Appeal file be consigned to record room after the needful is done by the office.

Order pronounced in open court on 26/02/2025. (xxu Xkks;y)

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(GAGAN GOYAL)

(NARINDER KUMAR) ys[kk lnL; @Accountant Member U;kf;d lnL;@Judicial Member

Tk;iqj@Jaipur fnukad@Dated 26 /02/2025

*Mishra, Sr. PS
आदेश की प्रतिलिपिअग्रेf’ात@ब्वचल वf जीम वतकमत वितूंतकमक जवरू
1. The Appellant- Shri Gurmeet Singh, Jaipur
2. izR;FkhZ@ The Respondent- The ITO, Ward 5(2), ,Jaipur
3. vk;djvk;qDr@ The ld CIT
4. विभागीय प्रतिनिधि] आयकरअपीलीय अधिकरण] जयपुर@क्त्ए प्ज्Aज्ए Jंपचनत
5. xkMZQkbZy@ Guard File ITA No.1548/JP/2024) vkns'kkuqlkj@ By order,

सहायकपंजीकार@Aेेजज. त्महपेजतंत