Shri Darshanbhai Hasmukhlal Shah, RAJKOT-GUJARAT V. The Assistant Commissioner of Income Tax, Central Circle-1, RAJKOT-GUJARAT

ITA 415/RJT/2018

• Counselvise Citation: [2022] 105 COUNSELVISE.COM (IT) 6183 (ITAT-RAJKOT)
• Duration Of Justice: 3 year(s) 4 month(s) 14 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 22-03-2022
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: DB
• Assessment Year: 2001-2002
• Appeal Filed On: 08-11-2018
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Section: 271(1)(c)

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL “RAJKOT” BENCH, RAJKOT [Conducted through E-Court at Ahmedabad] BEFORE SHRI MAHAVIR PRASAD, JUDICIAL MEMEBR & SHRI WASEEM AHMED, ACCOUNTANT MEMEBR आयकर अपील सं./I.T.A. No. 415/Rjt/2018 ( Assess ment Ye ar : 2001-02) Da rs ha n Ha s muk h lal S ha h C/ o. Bh ar at T oo ls S tee l S yn d ica te , Dh eb ar Ro ad, Raj ko t ब म/ V s . Th e AC IT Ce ntr al C ir cle -1 , R ajk ot यी ल सं./ ीआ आर सं./P A N / G IR N o . : A G G P S 4 9 6 8 M (अपील Appellant) . . ( य / Respondent) अपील र स /Appellant by : W it hd ra wa l Ap pl ic ati on य क र स / Respondent by : Shri S. S. Rathi, Sr. D.R. स क र D a t e o f H e a r i n g 14/03/2022 !"# क र /D a t e o f P r o n o u n c e m e n t 23/03/2022 ORDER PER MAHAVIR PRASAD, JM: The captioned appeal has been filed at the instance of the assessee against the order of the Co mmissioner of Inco me Tax (Appeals)-1, Rajkot (‘CIT(A)’ in short), dated 04.09.2018 arising in the penalty order dated 26.03.2015 passed by the Assessing Officer (AO) under ITA No. 415/Rjt/2018 [Shri Darshanbhai H. Shah vs. ACIT] AY 2001-02 - 2 - s. 271(1)(c) r.w.s. 147 of the Inco me Tax Act, 1961 (the Act) concerning AY. 2001-02. 2. The captioned assessee has sought through written application to withdraw the appeal listed above on the ground that assessee has opted to avail benefits of ‘Vivad se Vishwas Sche me, 2020’ (VSV). When the matter was called for hearing, as per written application, it is noticed that at the outset assessee has sub mitted that he does not seek to pursue the said appeal owing to exercise of option for availing VSV Sche me and consequently requested that his application for withdrawal of appeal may please be granted. Reference was also made to written requests in this regard. 3. The learned Depart mental Representative for the Revenue stated that he has no objection to withdraw the appeal in the circu mstances 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 Sche me for any bonafide reasons, then the assessee concerned will be at liberty to ITA No. 415/Rjt/2018 [Shri Darshanbhai H. Shah vs. ACIT] AY 2001-02 - 3 - seek restoration of original appeal for hearing before ITAT in accordance with law. 5. In the result, the captioned appeal is dis missed as withdrawn. Sd/- Sd/- ( WASEEM AHMED) (MAHAVIR PRASAD) ACC OUNTANT MEMB ER JUDICIAL MEMBER Ahmedabad: Dated 23/03/2022 True Copy S.K.SINHA आदेश े / Copy of Order Forwarded to:- $. र / Revenue 2. आ दक / Assessee '. सं(ं)* आयकर आय + / Concerned CIT 4. आयकर आय + - अपील / CIT (A) .. / 0 1ीय 2 2 )*3 आयकर अपील य अ)*कर#3 अ45द ( द / DR, ITAT, Ahmedabad 6. 1 78 9 ल / Guard file. By order/आद श स 3 D e p u t y / A s s t t . R e g i s t r a r I T A T , R a j k o t This Order pronounced in Open Court on 23/03/2022