Voltamp Transformers Ltd., Ahmedabad V. The DCIT, Circle-4(1)(2), Ahmedabad

ITA 1317/AHD/2018

• Counselvise Citation: [2021] 108 COUNSELVISE.COM (IT) 7296 (ITAT-AHMEDABAD)
• Duration Of Justice: 2 year(s) 10 month(s) 10 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 01-04-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: C
• Assessment Year: 2011-2012
• Appeal Filed On: 21-05-2018
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: HEARING LD S S AT OUTS

Judgement Text

, , IN THE INCOME TAX APPELLATE TRIBUNAL C BENCH, AHMEDABAD (CONDUCTED THROUGH VIRTUAL COURT) BEFORE SHRI MAHAVIR PRASAD, JUDICIAL MEMBER & SHRI AMARJIT SINGH, ACCOUNTANT MEMBER SL . NO APPEAL IN ITA NO(S). A.Y. APPELLANT (PAN NO.) RESPONDENT A.R. FOR ASSESSEE 1. 1317/AHD/2018 2011-12 VOLTAMP TRANSFORMERS LTD. 312, SANMAN-II OPP. RELIANCE PETROL PUMP PRAHLADNAGAR SATELLITE, AHMEDABAD-380 054 PAN : AAACV 5048 G THE DCIT CIRCLE-4(1)(2) PRATYAKSH KAR BHAVAN AMBAWADI AHMEDABAD SHRI A.C. SHAH 2. 945/AHD/2016 2012-13 RAMESHBHAI V.PRAJAPATI PLOT NO.1300/2 SECTOR-2B GANDHINAGAR382002 PAN : AHGPP 3673 D THE DCIT GANDHINAGAR CIRCLE SECTOR-11 GANDHINAGAR- 382001 SHRI S.N. DIVATIA 3. 2021/AHD/2016 2012-13 CREST COMPOSITES & PLASTICS PVT.LTD. E-44, SATELLITE APT. OPP.KAMESHWAR SCHOOL SATELLITE, AHMEDABAD-380 015 PAN: AAACC 6333 R THE ITO WARD-3(1) AHMEDABAD SHRI M.J. SHAH REVENUE BY : SHRI L.P. JAIN, SR.DR / DATE OF HEARING 30 /0 3 /2021 / DATE OF PRONOUNCEMENT 01 /04 /2021 / O R D E R PER BENCH: THE CAPTIONED APPEALS OF THE DIFFERENT ASSESSEES AR ISE FROM THE RESPECTIVE ORDERS OF THE COMMISSIONER OF INCOME TAX (APPEALS) [CIT(A)] AGAINST DIFFERENT ASSESSMENT YEARS. ITA NOS.1317/AHD/2018 AY 2011-12, ITA NO.945/AHD/2016 AY 2012-13 AND ITA NO.2021/AHD/2016 AY 2012-13 -2- 2. THE CAPTIONED ASSESSEES HAVE SOUGHT TO WITHDRAW THEIR APPEALS LISTED ABOVE ON THE GROUND THAT THEY HAVE OPTED TO AVAIL BENEFITS OF VIVAD SE VISHWAS SCHEME, 2020 (VSV). WHEN THE MA TTER WAS CALLED FOR HEARING, THE LD. COUNSELS FOR THE ASSESSEES AT THE OUTSET HAVE SUBMITTED THAT THEY DO NOT SEEK TO PURSUE THE SAID APPEALS OWING TO EXERCISE OF OPTION FOR AVAILING VSV SCHEME AND CONS EQUENTLY REQUESTED THAT THEIR APPLICATIONS FOR WITHDRAWAL OF APPEALS M AY PLEASE 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 APPEALS 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 ASSESSEE CONCERNED WILL BE AT LIBERTY TO SEEK RESTORATION OF ORIGINAL APPEALS FOR HEARING BEFORE ITAT IN ACCORDANCE WITH LAW. 5. IN THE RESULT, ALL CAPTIONED APPEALS OF THE ASSE SSEE(S) ARE DISMISSED AS WITHDRAWN. THIS ORDER PRONOUNCED IN OPEN COURT ON 01/ 04/2021 SD/- SD/- ( AMARJIT SINGH ) ( MAHAVIR PR ASAD ) ACCOUNTANT MEMBER JUDICIAL MEMBER AHMEDABAD; DATED 01/ 04 /2021 .. , .../ T.C. NAIR, SR. PS ITA NOS.1317/AHD/2018 AY 2011-12, ITA NO.945/AHD/2016 AY 2012-13 AND ITA NO.2021/AHD/2016 AY 2012-13 -3- / 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. ,/0 1 / GUARD FILE. / BY ORDER, '* ! //TRUE COPY// / ( DY./ASSTT.REGISTRAR) , / ITAT, AHMEDABAD 1. DATE OF DICTATION .. 30.3.2021 (AS PER VSV-SCHEME FORMAT) 2. DATE ON WHICH THE TYPED DRAFT IS PLACED BEFORE THE DICTATING MEMBER 30.3.2021 3. OTHER MEMBER 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.01.05.2021 7. DATE ON WHICH THE FILE GOES TO THE BENCH CLERK 01.05.2021 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