Sunrise Industries India Ltd. (Formerly known as Surise Polymers & Inds(I) Ltd), Baroda V. ITO, Ward-4(3), Vadodara

ITA 905/AHD/2018

• Counselvise Citation: [2022] 106 COUNSELVISE.COM (IT) 1417 (ITAT-AHMEDABAD)
• Duration Of Justice: 4 year(s) 2 month(s) 18 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 29-06-2022
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: A
• Assessment Year: 2002-2003
• Appeal Filed On: 10-04-2018
• Result in Favour of: Revenue
• Court: TRIBUNAL

Judgement Text

ITA No.905/Ahd/2018 A.Y. 2002-03 Page 1 of 2 IN THE INCOME TAX APPELLATE TRIBUNAL AHMEDABAD “A” BENCH, AHMEDABAD BEFORE SHRI P.M. JAGTAP, VICE PRESIDENT AND Ms. SUCHITRA KAMBLE, JUDICIAL MEMBER ITA No.905/Ahd/2018 Assessment Year: 2002-03 Sunrise Industries India Ltd., vs. Income Tax Officer, (Formerly known as Sunrise Ward – 4(3), Baroda. Polymers & Inds (I) Ltd) Block No.3, AT & Post Garadia, Tal: Savli, Dist. Baroda. [PAN – AAGCS 6535 F] (Appellant) (Respondent) Appellant by : Smt. Urvashi Shodhan, AR Respondent by : Shri M. Anand Kumar, Sr. DR Date of hearing : 30.06.2022 Date of pronouncement : 30.06.2022 O R D E R PER P.M. JAGTAP, VICE PRESIDENT : The appeal filed by the assessee arises from the order of the Commissioner of Income Tax (Appeals)-2, Vadodara dated 05.10.2016, passed for Assessment Year 2002-03. 2. We have heard the Learned Representatives of both the parties. Learned Counsel for the assessee, at the outset, submitted that assessee has opted to avail the benefits of “Vivad Se Vishwas Scheme 2020” and has also placed on record copy of Form No.3 before the Tribunal in this regard. Application in this regard requesting for withdrawal of appeal under the said Scheme is also placed on record. 3. The learned Departmental Representative submitted that he has no objection to the withdrawal of the appeal in the circumstances narrated on behalf of the assessee. 4. We have considered the submissions and application of the assessee for withdrawal of the appeal under the Sheme “Vivad se Vishwas”. In the light of ITA No.905/Ahd/2018 A.Y. 2002-03 Page 2 of 2 aforesaid request made by the assessee, the appeal is dismissed as withdrawn. However, in the event, the assessee fails to avail the benefit of “Vivad se Vishwas Scheme” for any bonafide reasons, then the assessee will be at liberty to seek restoration of original appeal for hearing before the ITAT in accordance with law. 5. In the result, the appeal is dismissed as withdrawn. Order pronounced in the open Court on this 30 th day of June, 2022. Sd/- Sd/- (SUCHITRA KAMBLE) (P.M. JAGTAP) Judicial Member Vice President Ahmedabad, the 30 th day of June, 2022 PBN/* Copies to: (1) The appellant (2) The respondent (3) CIT (4) CIT(A) (5) Departmental Representative (6) Guard File By order UE COPY True Copy Assistant Registrar Income Tax Appellate Tribunal Ahmedabad benches, Ahmedabad 1. Date of taking dictation: 2. Date of typing & draft order placed before the Dictating Member: 3. Date on which the approved draft comes to the Sr. P.S./P.S.: ......... 4. Dt. on which the fair order is placed before the Dictating Member for Pronouncement: .......... 5. Date on which the file goes to the Bench Clerk: 6. Date on which the file goes to the Head Clerk: .......................... 7. The dt. on which the file goes to the Astt. Registrar for signature on the order: ......................... 8. Date of despatch of the Order: ........................