Shri Rameshbhai Narayandas Patel, Visnagar V. ITO, Patan Ward-5, Mehsana

ITA 983/AHD/2018

• Counselvise Citation: [2020] 110 COUNSELVISE.COM (IT) 2184 (ITAT-AHMEDABAD)
• Duration Of Justice: 2 year(s) 7 month(s) 13 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 01-12-2020
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: SMC
• Next Hearing Date: 27-04-2020
• Assessment Year: 2013-2014
• Appeal Filed On: 18-04-2018
• Result in Favour of: Revenue
• Court: TRIBUNAL

Judgement Text

, SMC IN THE INCOME TAX APPELLATE TRIBUNAL SMC BENCH, AHMEDABAD (CONDUCTED THROUGH VIRTUAL COURT) BEFORE SHRI RAJPAL YADAV, VICE-PRESIDENT AND SHRI AMARJIT SINH, ACCOUNTANT MEMBER ITA NO.983/AHD/2018 / ASSTT.YEAR : 2013-14 SHRI RAMESHBHAI NARAYANDAS PATEL C/O. LAXMI AGRO INDUSTRIES LAXMIPURA (BHALAK) VISNAGAR PAN : AHTPP 7804 P VS. ITO, PATAN WARD - 5 MEHSANA. ( APPLICANT ) ( RESPONENT ) ASSESSEE BY : SHRI M.S.CHHAJED, AR WITHDRAWAL REQUEST UNDER VSVS REVENUE BY : NONE [AS PER TELE- COMMUNICATION FROM SHRI SHAILESH PATEL, INSPECTOR] / DATE OF HEARING : 01/12/2020 / DATE OF PRONOUNCEMENT: 01/12/2020 !'/ O R D E R PER RAJPAL YADAV, VICE-PRESIDENT: THE ABOVE APPEALS FILED BY THE ASSESSEE ARISES FROM ORDER OF THE COMMISSIONER OF INCOME TAX (APPEALS), GANDHINAGAR D ATED 8.1.2018 FOR ASSESSMENT YEAR 2013-14. 2. WHEN THE MATTER WAS CALLED FOR HEARING, IT IS PO INTED OUT TO THE BENCH BY THE ASSESSEES REPRESENTATIVE THAT THE ASS ESSEE DOES NOT WANT TO PURSUE THE ABOVE APPEAL OWING TO THE FACT THAT A N APPLICATION FOR EXERCISE OF OPTION FOR AVAILING VSV SCHEME IS UNDER PROCESS AND THEREFORE SEEK WITHDRAWAL OF HIS APPEAL. ITA NO.983/AHD/2018 2 3. IN THE LIGHT OF THE ABOVE SUBMISSIONS MADE ON BE HALF OF THE ASSESSEE BY ASSESSEES REPRESENTATIVE, APPEAL OF TH E ASSESSEE STANDS DISMISSED AS WITHDRAWN. HOWEVER, IN THE EVENT, THE ASSESSEE FAILS TO AVAIL THE BENEFIT OF VSV SCHEME FOR ANY BONAFIDE REASONS, THEN THE ASSESSEE WILL BE AT LIBERTY TO SEEK RESTORATION OF ORIGINAL APPEAL FOR ADJUDICATION BEFORE ITAT IN ACCORDANCE WITH LAW. 4. IN THE RESULT, THE APPEAL OF THE ASSESSEE IS DIS MISSED AS BEING WITHDRAWN UNDER VSV SCHEME. ORDER PRONOUNCED IN THE COURT ON 1 ST DECEMBER, 2020 AT AHMEDABAD. S D / - (AMARJIT SINGH) ACCOUNTANT MEMBER S D / - (RAJPAL YADAV) VICE-PRESIDENT AHMEDABAD; DATED 01/12/2020 $%&' () *+,-./ 01&.+ / COPY OF ORDER FORWARDED TO:- 1. &' / REVENUE 2. ! / ASSESSEE 3. ** + / CONCERNED CIT 4. +- / CIT (A) 5. /01 233 , , / DR, ITAT, AHMEDABAD 6. 167 89 / GUARD FILE. BY ORDER / !' !, :/ *& ,