M/s. Shree Barkha Synthetics Ltd., BHILWARA V. ACIT, Circle, BHILWARA

ITA 167/JODH/2018

AI Insights

The case involved Shree Bharka Synthetics Ltd., the appellant, who was in dispute with the ACIT, Circle, Bhilwara, the respondent, regarding the assessment year 2014-15. The appellant decided to participate in the Vivad Se Vishwas Scheme, 2020, which is a government initiative aimed at resolving pending tax disputes. By opting for this scheme, the appellant submitted a letter dated 3rd August 2023, requesting the withdrawal of their appeal. The tribunal acknowledged the request and allowed the withdrawal, leading to the dismissal of the appeal.

• Counselvise Citation: [2023] 140 COUNSELVISE.COM (IT) 122766 (ITAT-JODHPUR)
• Duration Of Justice: 5 year(s) 3 month(s) 30 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 07-08-2023
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: DB
• Next Hearing Date: 07-08-2023
• Assessment Year: 2014-2015
• Appeal Filed On: 08-04-2018
• Laws Referred To: Vivad Se Vishwas Scheme, 2020
• Result in Favour of: Revenue
• Court: TRIBUNAL

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL JODHPUR BENCH, JODHPUR BEFORE SHRI PAVAN KUMAR GADALE, JUDICIAL MEMBER AND DR. DIPAK P. RIPOTE, ACCOUNTANT MEMBER ITA No.167/JODH/2018 Assessment Year : 2014-15 Shree Bharka Synthetics Ltd., Bazar No. 2, Bhopal Ganj, Bhilwara PAN: AABCS9949L Vs ACIT, Circle, Bhilwara Appellant / Assessee Respondent / Revenue Assessee by None Revenue by Ms. Nidhi Nair, JCIT-DR Date of hearing 08.08.2023 Date of pronouncement 08.08.2023 ORDER PER DR. DIPAK P. RIPOTE, AM: The assessee, vide letter dated 03 rd August, 2023 submitted that the assessee has opted for Vivad Se Vishwas Scheme, 2020. 2. We have perused the Form No. 3 filed by the assessee which mentions the present appeal ITA No. 167/Jodh/2018 for the Assessment Year 2014-15. Accordingly, the assessee is allowed to withdraw the appeal ITA No. 167/Jodh/2018. 3. In the result, appeal of the assessee is dismissed as withdrawn. Order pronounced in the Open Court on 08 th August, 2023. Sd/- Sd/- (PAVAN KUMAR GADALE) (DR. DIPAK P. RIPOTE) JUDICIAL MEMBER ACCOUNTANT MEMBER Dated:08/08/2023 Sh. ITA No.167/JODH/2018 Shree Bharka Synthetics Ltd. 2 Copy to: 1. The Appellant 2. The Respondent 3. The CIT 4. The CIT(A) Asstt. Registrar 5. The DR 6. Guard File Jodhpur Bench