SHREE RAM CHEMICALS,BHARUCH vs. ITO, WARD 2(1), BHARUCH

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ITA 1056/SRT/2024Status: DisposedITAT Surat28 March 2025AY 2014-15Bench: Shri Sanjay Garg (Judicial Member), Shri Bijayananda Pruseth (Accountant Member)1 pages
AI SummaryDismissed as withdrawn

Facts

The assessee, Shree Ram Chemicals, filed an appeal against an order passed by the CIT(A). The assessee has availed the benefit of the Vivad Se Vishvas Scheme-2024 and has provided necessary documentation.

Held

The assessee's counsel requested to withdraw the appeal, stating that the assessee has availed the benefit of the Vivad Se Vishvas Scheme. The Tribunal acknowledged the request and the documentation provided.

Key Issues

Withdrawal of appeal due to availing Vivad Se Vishvas Scheme benefit.

Sections Cited

143(3)

AI-generated summary — verify with the full judgment below

Income Tax Appellate Tribunal, SURAT BENCH, SURAT

Before: Shri Sanjay Garg & Shri Bijayananda Pruseth

For Respondent: Shri Mukesh Jain, Sr. D.R

Per Sanjay Garg, Judicial Member:

The present appeal has been filed by the Assessee against the order passed by the Learned Commissioner of Income Tax (Appeal)/Additional/Joint Commissioner of Income Tax, Appeal- 2, Kolkata [hereinafter referred to as “CIT(A)’] dated 30.07.2024 arising out of the assessment order passed u/s. 143(3) of the Shri Ram Chemicals, A.Y. 2014-15

Income Tax Act, 1961 (here-in-after referred to as “the Act”) relevant to the Assessment Year 2014-15. 2. The Ld. Counsel for the assessee has requested vide letter dated 10th March, 2025 that the assessee has availed the benefit of Vivad Se Vishvas Scheme-2024. The assessee has also placed on file the copies of Form Nos. 2, 3 & 4 under the Direct Tax Vivad Se Vishwas Scheme, 2024. 3. In the light of written request made on behalf of the assessee, the appeal is dismissed as withdrawn. However, in the event, the assessee fails to avail the benefit of VSV Scheme for any reason, whatsoever, then the assessee will be at liberty to seek restoration of this appeal for hearing by moving a separate application in this respect.

4.

In the result, the appeal filed by the Assessee is hereby dismissed as withdrawn. Order pronounced in the open court on 28-03-2025 (BIJAYANANDA PRUSETH) (SANJAY GARG) ACCOUNTANT MEMBER JUDICIAL MEMBER Ahmedabad : Dated: 28/03/2025 Shri Ram Chemicals, A.Y. 2014-15

आदेश क" ""त"ल"प अ"े"षत / Copy of Order Forwarded to:-

1.

Assessee

2.

Revenue

3.

Concerned CIT

4.

CIT (A)

5.

DR, ITAT, Surat

6.

Guard file. By order, ////