Nakoda Fashion Pvt.Ltd., Ahmedabad V. The ACIT, Circle-5, Ahmedabad

ITA 1011/AHD/2015

• Counselvise Citation: [2021] 108 COUNSELVISE.COM (IT) 4731 (ITAT-AHMEDABAD)
• Duration Of Justice: 5 year(s) 11 month(s) 16 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 08-04-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: C
• Next Hearing Date: 08-05-2020
• Assessment Year: 2011-2012
• Appeal Filed On: 22-04-2015
• Result in Favour of: Revenue
• Court: TRIBUNAL

Judgement Text

, IN THE INCOME TAX APPELLATE TRIBUNAL C BENCH, AHMEDABAD ( CONDUCTED THROUGH VIRTUAL COURT ) BEFORE SHRI RAJPAL YADAV, VICE PRESIDENT & SHRI WASEEM AHMED, ACCOUNTANT MEMBER S L . NO APPEAL S IN ITA NO(S)/ IT(SS)A NO(S) & ASST.YEAR(S) APPELLANT (PAN) RESPONDENT AR (SHRI/ SMT./MS.) D R (SHRI/ SMT./MS.) 1. 1011/AHD/15 2011-12 NAKODA FASHION PVT.LTD. C/O. R.B. RATHI & CO. 35, NEW CLOTH MARKET AHMEDABAD-380 002 P PAN:AACCS1393P THE ASST.CIT CIRCLE-5 AHMEDABAD SHRI S.N.SOPARKAR, SR.ADV. & SHRI PARIN SHAH, AR SHRI JAMES KURIAN, SR.DR 2. 46/AHD/16 2012-13 THE ITO WARD-1(1)(3), VADODARA M/S. INVESCO FISCAL SERVICES LTD. 7, ROYAL CRESCENT BUNGALOWS SARKHEJ GANDHINAGAR HIGHWAY, THALTEJ AHMEDABAD- 380 054 PAN:AABCI0712M SHRI TUSHAR HEMANI, SR.ADV.& SHRI P.B.PARMAR, AR - DO - 3. 982/AHD/17 2012-13 M/S.K.S . RABARI & CO. VILL.THORIYALI, TAL.SAYLA DIST.SURENDRANAGAR SURENDRANAGAR 363 001 PAN:AAGFJ0136Q THE ITO WARD-4 SURENDRANGAR SHRI S.N. DIVATIA & SHRI V.V. GOVANI, ARS - DO - 4. 2271/A HD/17 2012-13 HARINDER S INGH C/O. CA DIVYANG SHAH F/8, AYODHYA NAGAR FLAT OPP.SAHJIVAN SOCIETY SHANTINAGAR USMANPURA, AHMEDABAD PAN:AXIPS1385H THE ITO WARD-1(1) BHAVNAGAR SHRI DIVYANG J.SHAH - DO - ITA NO S . 1011 /AHD/201 5 AND 21 OTHER APPEALS NAKODA FASHION PVT.LTD. VS. ACIT (AND OTHERS) - 2 - 5. 2753/AHD/17 2014-15 M/S. POST TENSION SERVICE INDIA PVT.LTD. GF-1, PTSI, OFF GENDA CIRCLE OPP.BARODA PEOPLES CO- OPERATIVE SCOEITY ALKAPURI, VADODAR PAN:AADCP9112C THE ACIT CIRCLE-2(1)(2) VADODARA RINKAL M.ALWANI, AR - DO - 6. 836/AHD/18 2012-13 JURISCAPE LEGAL RESEARCH PVT.LTD. 1001, 10 TH FLOOR, GNFC INFO TOWER NR.THE GRAND BHAGWATI HOTEL SG ROAD, BODAKDEV AHMEDABAD-380 054 PAN:AABCJ7308L THE ITO WARD-2(1)(2) AHMEDABAD WITHDRAWAL APPLICATION - DO - 7. 1904/ A HD/18 2014-15 PEL INDUSTRIES P LTD. 301-302, AADI NR.P.F. OFFICE AKOTA STADIUM ROAD AKOT, VADODARA-390 020 PAN:AAECP2220N THE ADDL.CIT CIRCLE-3(1) AHMEDABAD SHRI TUSHAR HEMANI, SR.ADV. & SHRI P.B.PARMARAR - DO - 8. 1905/AHD/18 2014-15 PEL INDUSTRIES P LTD. (ADDRESS AS ABOVE) - DO - - DO - - DO - 9. 97/AHD/20 2014-15 PEL INDUSTRIES P LTD. (ADDRESS AS ABOVE) THE ITO WARD-3(1)(2) - DO - - DO - 10. 1914/AHD/18 2015-16 ASIM PRODUCTS 9, KARMANYA B/H. MOTIWALA HOSPITAL POLYTECHNIC AHMEDABAD PAN:AACFA9398R THE ASST.CIT CIRCLE-5(2) AHMEDABAD SHRI HARDIK VORA, AR - DO - 11. 253/AHD/19 2011-12 RAJNIKANT PRABHUDAS MANDAVIA 801, SHEETAL APARTMENTS DIWALIPURA VADODARA PAN:ACEPM2259F DY.CIT CENTRAL CIRCLE-3 VADODARA SHRI S.N.SOPARK -AR, SR.ADV. SHRI MUKUND BAXI,AR - DO - 12. 254/AHD/19 2012-13 RAJNIKANT PRABHUDAS MANDAVIA (ADDRESS AS ABOVE) - DO - - DO - - DO - ITA NO S . 1011 /AHD/201 5 AND 21 OTHER APPEALS NAKODA FASHION PVT.LTD. VS. ACIT (AND OTHERS) - 3 - 13. 255/AHD/19 2013-14 RAJNIKANT PRABHUDAS MANDAVIA (ADDRESS AS ABOVE) - DO - - DO - - DO - 14. 256/AHD/19 2014-15 RAJNIKANT PRABHUDAS MANDAVIA (ADDRESS AS ABOVE) - DO - - DO - - DO - 15. 257/AHD/19 2015-16 RAJNIKANT PRABHUDAS MANDAVIA (ADDRESS AS ABOVE) - DO - - DO - - DO - 16. 1480/AHD/19 2016-17 RAJNIKANT PRABHUDAS MANDAVIA (ADDESS AS ABOVE) - DO - SHRI S.N.SOPARKAR, SR.ADV. SHRI MUKUND BAXI,AR - DO - 17. IT(SS)A NO. 400/AHD/19 2015-16 PLASTENE INFRASTRUCTURE LTD. 13, HB JIRAWALA HOUSE NAVBHARAT SOCIETY] USMANPURA, AHMEDABAD PAN:AAECP7053P THE DCIT CENTRAL CIRCLE-1(2) AHMEDABAD SHRI HARDIK MANIAR, AR - DO - 18. IT(SS)A NO. 401/AHD/19 2016-17 PLASTENE INFRASTRUCTURE LTD. (ADDRESS AS ABOVE) - DO - - DO - - DO - 19. 693/AHD/19 2012-13 SHRI HARJIVANBHAI CHHAGANBHAI PATEL D-32, ANANYA BUNGLOWS ANANDWADI, ISANPUR AHMEDABAD 382 443 PAN:ABUPP1238N THE ASST.CIT CIRCLE-3(1)(2) AHMEDABAD SHRI P.D.SHAH,AR - DO - 20. 1006/AHD/19 2014-15 SHIVANI SAJJAN RANASARIA 12, SUJAN BUNGALOWS B/H. SHREYAS FOUNDATION AMBAVADI, AHMEDABAD PAN:AOCPR2017J THE ITO WARD-5(2)(3) AHMEDABAD WITHDRAWAL APPLICATION - DO - 21. 1007/AHD/19 2015-16 SHIVANI SAJJAN RANASARIA (ADDRESS AS ABOVE) - DO - WITHDRAWAL APPLICATION - DO - 22. 1008/AHD/19 2015-16 MANSI S UNIL RANASARIA (ADDRESS AS ABOVE) PAN:AIUPR6762N - DO - WITHDRAWAL APPLICATION - DO - ITA NO S . 1011 /AHD/201 5 AND 21 OTHER APPEALS NAKODA FASHION PVT.LTD. VS. ACIT (AND OTHERS) - 4 - / DATE OF HEARING 25 /0 3 /2021 / DATE OF PRONOUNCEMENT 8 /04 /2021 /O R D E R PER BENCH: THE CAPTIONED APPEALS ARISE FROM THE RESPECTIVE ORD ERS OF THE COMMISSIONER OF INCOME TAX (APPEALS) [CIT(A)] AGAINST DIFFERENT ASSESSMENT YEARS. 2. THE CAPTIONED ASSESSEES HAVE SOUGHT TO WITHDRAW THEIR APPEALS AND REVENUES APPEAL LISTED ABOVE ON THE GR OUND THAT THEY HAVE OPTED TO AVAIL BENEFITS OF VIVAD SE VISH WAS SCHEME, 2020 (VSV). WHEN THE MATTER WAS CALLED FOR HEARIN G, THE LD. COUNSELS FOR THE ASSESSEE(S) AT THE OUTSET HAVE SUB MITTED THAT THEY DO NOT SEEK TO PURSUE THE SAID APPEALS OWING T O EXERCISE OF OPTION FOR AVAILING VSV SCHEME AND CONSEQUENTLY REQ UESTED THAT THEIR APPLICATIONS FOR WITHDRAWAL OF APPEALS MAY PL EASE BE GRANTED. REFERENCE WAS ALSO MADE TO WRITTEN REQUES TS IN THIS REGARD. 3. THE LD. DEPARTMENTAL REPRESENTATIVE FOR THE REVE NUE STATED THAT HE HAS NO OBJECTION TO WITHDRAW THE APP EALS IN THE CIRCUMSTANCES NARRATED ON BEHALF OF THE ASSESSEE. 4. IN THE LIGHT OF ORAL/WRITTEN REQUESTS MADE ON BE HALF OF THE CAPTIONED PARTIES, ALL THE APPEALS ARE DISMISSED AS WITHDRAWN. HOWEVER, IN THE EVENT, THE ASSESSEE FAILS TO AVAIL THE BENEFIT OF VSV SCHEME FOR ANY BONAFIDE REASONS, THEN THE ITA NO S . 1011 /AHD/201 5 AND 21 OTHER APPEALS NAKODA FASHION PVT.LTD. VS. ACIT (AND OTHERS) - 5 - ASSESSEE/REVENUE CONCERNED WILL BE AT LIBERTY TO SE EK RESTORATION OF ORIGINAL APPEALS FOR HEARING BEFORE ITAT IN ACCO RDANCE WITH LAW. 5. IN THE RESULT, ALL CAPTIONED APPEALS ARE DISMISS ED AS WITHDRAWN. THIS ORDER PRONOUNCED IN OPEN COURT ON 8 /04/2021 SD/- SD/- ( RAJPAL YADAV ) ( WASEEM AHMED ) VICE PRESIDENT ACCOUNTANT MEMBER AHMEDABAD; DATED 8/04/2021 . . , . . . / T.C. NAIR, SR. PS / COPY OF THE ORDER FORWARDED TO : 1. / THE APPELLANT 2. / THE RESPONDENT. 3. ! '# $ / CONCERNED CIT 4. $ ( ) / THE CIT(A)-CONCERNED 5. %&' '# , '# , ! / DR, ITAT, AHMEDABAD 6. '*+ / GUARD FILE. / BY ORDER, //TRUE COPY// % / (DY./ASSTT.REGISTRAR) , / ITAT, AHMEDABAD 1. DATE OF DICTATION .. 6.4.21(AS PER VSV FORMAT) 2. DATE ON WHICH THE TYPED DRAFT IS PLACED BEFORE THE DICTATING MEMBER 3. OTHER MEMBER07.04.2021 4. DATE ON WHICH THE APPROVED DRAFT COMES TO THE SR.P. S./P.S 5. DATE ON WHICH THE FAIR ORDER IS PLACED BEFORE THE D ICTATING MEMBER FOR PRONOUNCEMENT 6. DATE ON WHICH THE FAIR ORDER COMES BACK TO THE SR.P .S./P.S. 7. DATE ON WHICH THE FILE GOES TO THE BENCH CLERK .. 8. DATE ON WHICH THE FILE GOES TO THE HEAD CLERK ... 9. THE DATE ON WHICH THE FILE GOES TO THE ASSISTANT RE GISTRAR FOR SIGNATURE ON THE ORDER.. 10. DATE OF DESPATCH OF THE ORDER