M/s. Goldcoin Plastic Pvt. Ltd, Ahmedabad V. ITO, Ward-2(1)(1), Ahmedabad

ITA 235/AHD/2020

• Counselvise Citation: [2022] 106 COUNSELVISE.COM (IT) 9511 (ITAT-AHMEDABAD)
• Duration Of Justice: 2 year(s) 6 month(s) 2 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 06-09-2022
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: A
• Assessment Year: 2012-2013
• Appeal Filed On: 04-03-2020
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Section: 271(1)(c)

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL “A” BENCH, AHMEDABAD BEFORE SHRI PRAMOD M. JAGTAP, VICE PRESIDENT & Ms. MADHUMITA ROY, JUDICIAL MEMBER आयकर अपील सं./I. T. A. No . 235/Ahd/20 20 ( नधा रण वष / A ss es sment Year : 2012-13) Go ld co i n Pl as t i c P r iv at e L i mit ed 15 - 1 6 , O d h a v K a th w a da R o a d, O dh a v, A h m ed a b a d बनाम/ Vs . T h e I n co me T a x O f f ic er , W ar d 2 ( 1 ) (1 ), Ah m e da b a d थायी लेखा सं./जीआइआर सं./P A N/ G I R N o . : A A E C G 1 9 0 4 A (अपीलाथ /Appellant) . . ( यथ / Respondent) अपीलाथ ओर से /Appellant by : Shri Chetan Agarwal, AR यथ क ओर से/Respondent by : Shri V. K. Mangla, Sr. D.R. स ु नवाई क तार ख / D a t e o f H e a r i ng 06/09/2022 घोषणा क तार ख /D a t e o f P ro n o u nc e me n t 07/09/2022 O R D E R PER Ms. MADHUMITA ROY - JM: The instant appeal filed by the assessee is directed against the order dated 22.01.2020 passed by the learned Commissioner of Income Tax (Appeals) – 2, Ahmedabad arising out of the penalty order dated 22.03.2018 passed by the Assessing Officer, Circle 3(1)(1), Ahmedabad under section 271(1)(c) of the Income Tax Act, 1961 (hereinafter referred as to ‘the Act’) for Assessment Year 2012-13. ITA No. 235/Ahd/2020 (M/s. Goldcoin Plastic Pvt. Ltd. vs. ITO) Asst.Year.– 2012-13 - 2 - 2. The captioned assessee has sought to withdraw the appeal listed above on the ground that assessee has opted to avail benefits of ‘Vivad se Vishwas Scheme, 2020’ (VSV). When the matter was called for hearing, the learned counsel for the assessee at the outset has submitted that he does not seek to pursue the said appeal owing to exercise of option for availing VSV Scheme and consequently requested that his application for withdrawal of appeal may please be granted. Reference was also made to written request in this regard. 3. The learned Departmental Representative for the Revenue stated that he has no objection to withdraw the appeal in the circumstances narrated on behalf of the assessee. 4. In the light of written/oral request made on behalf of the captioned assessee, the appeal is 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 appeal for hearing before ITAT in accordance with law. 5. In the result, the captioned appeal is dismissed as withdrawn. This Order pronounced in Open Court on 07/09/2020 Sd/- Sd/- (P. M. JAGTA P) (MADHUMITA ROY) VICE PRESIDENT JUDICIAL MEMBER Ahmedabad; Dated 07/09/2020 True Copy S. K. SINHA आदेश क त ल प अ े षत/Copy of the Order forwarded to : 1. अपीलाथ / The Appellant 2. यथ / The Respondent. 3. संबं%धत आयकर आय ु 'त / Concerned CIT ITA No. 235/Ahd/2020 (M/s. Goldcoin Plastic Pvt. Ltd. vs. ITO) Asst.Year.– 2012-13 - 3 - 4. आयकर आय ु 'त(अपील) / The CIT(A)- 5. *वभागीय -त-न%ध, आयकर अपील य अ%धकरण, अहमदाबाद / DR, ITAT, Ahmedabad 6. गाड3 फाईल / Guard file. आदेशान ु सार/ BY ORDER, उप/सहायक पंजीकार (Dy./Asstt. Registrar) आयकर अपील$य अ%धकरण, अहमदाबाद / ITAT, Ahmedabad