M/s Shreenathji Enterprise, Junagadh V. Asstt. Commr. of Income Tax, Cen. Cir.-3, Rajkot

ITSSA 155/RJT/2017

• Counselvise Citation: [2021] 109 COUNSELVISE.COM (IT) 1156 (ITAT-RAJKOT)
• Duration Of Justice: 3 year(s) 1 month(s) 24 day(s)
• Appeal Type: Income Tax (Search & Seizure) Appeal
• Pronouncement Date: 22-02-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: DB
• Assessment Year: 2011-2012
• Appeal Filed On: 28-12-2017
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Section: 13; 22

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL RAJKOT BENCH, RAJKOT ( CONVENED THROUGH VIRTUAL COURT ) BEFORE SHRI RAJPAL YADAV, VICE PRESIDENT & SHRI WASEEM AHMED, ACCOUNTANT MEMBER S.NO APPEAL A.Y. APPELLANT (PAN NO.) RESPONDENT A.R. 1-2 IT(SS) A NO. 155 & 156/RJT/2017 2011-12 & 2012- 13 M/S. SHREENATHJI ENTERPRISE (ABQFS2049N) ACIT, CENTRAL CIRCLE -3, RAJKOT SHRI M.J. RANPURA 3-4 IT(SS)A NOS. 157 & 158/ RJT/2017 2011-12 & 2012- 13 SHRI DINESH DAMJIBHAI TANK (ABBPT3649L) ACIT, CENTRAL CIRCLE -3, RAJKOT SHRI M.J. RANPURA 5 ITA NO. 268/ RJT/2019 2005-06 M/S. J.B. CONSTRUCTION (AACFJ7682F) ITO, WARD 2, JUNAGADH SHRI M.J. RANPURA 6 ITA NO. 77/RJT/2018 2011-12 ANTIQUE MARBONITE PVT. LTD. (AAECA3248F) ACIT, CENTRAL CIRCLE-5, RAJKOT DEVINA PATEL 7 ITA NO. 52 /RJT/2019 2015-16 SHRI DEVISINH RAMSINH JADAV (ABKPJ8993J) I.T.O. WARD- 4, VERAVAL, JUNAGADH SHRI R.K. TAKWANI 8 ITA NO. 361 /RJT/2017 2009-10 SMT. BEENA TEJAS PAREKH (AGWPP3462D) ACIT, CIRCLE - (1(2), RAJKOT DEVINA PATEL 9-10 IT(SS)A NO. 02 & 03 /RJT/2020 2006-07 & 2008- 09 SHRI JATIN VITHALBHAI VADALIYA (ACLPV6605K) ITO, WARD - 1(2)(3), RAJKOT WITHDRAWAL APPLICATION 11 IT(SS)A NO. 01 /RJT/2020 2006-07 SHRI RAHUL VITHALBHAI VADALIYA (ADQVP4394R) ITO, WARD - 1(2)(3), RAJKOT WITHDRAWAL APPLICATION 12-13 IT(SS)A NO. 06 & 07 /RJT/2020 2006-07 & 2008- 09 SHRI BHUPATBHAI JETHABHAI VADALIYA (AAVPV5773E) ITO, WARD - 1(2)(3), RAJKOT WRITTEN SUBMISSION 14 ITA NO. 85 /RJT/2013 2006-07 PRANJIVAN HIRJI THORIYA (AAUPT5026R) ITO, WARD- 5(4), MORBI SHRI M.J. SHAH 15 ITA NO.87 /RJT/2013 2006-07 CHATURBHAI BHAGWANJIBHAI ZALARIA (AABPZ3806G) ITO, WARD- 5(4), MORBI SHRI M.J. SHAH 16 ITA NO. 441 /RJT/2018 2014-15 CHETAN N. GALAIYA (AAFPG 6903M) ACIT, CIRCLE 3, JAMNAGAR SHRI VIPUL DATTANI 17-18 IT(SS)A NO. 04 & 05 /RJT/2020 2006-07 & 2007- 08 SHRI VITHALBHAI JETHABHAI VADALIYA (AAVPV5774D) ITO, WARD - 1(2)(3), RAJKOT WRITTEN SUBMISSION IT(SS)A NO. 155/RJT/17 & 21 ORS. - 2 - 19-20 IT(SS) A NO. 109 & 110/RJT/2018 2013-14 & 2014- 15 M/S. PRASHAT DEVELOPERS PVT. LTD. (AABCP2825J) ACIT, CENTRAL CIRCLE -3, RAJKOT SHRI M.J. RANPURA 21 IT(SS) A NO. 111/RJT/2018 2014-15 M/S. SHREENATHJI ENTERPRISE (ABQFS2049N) ACIT, CENTRAL CIRCLE -3, RAJKOT SHRI M.J. RANPURA 22 IT(SS) A NO. 112/RJT/2018 2013-14 M/S. PRAMUKH DEVCON PVT. LTD. (AABCP2825J) ACIT, CENTRAL CIRCLE -3, RAJKOT SHRI M.J. RANPURA REVENUE BY : SHRI S. S. RATHI, SR. D.R. / DATE OF HEARING 04/02/2021 / DATE OF PRONOUNCEMENT 22/02/2021 / O R D E R PER BENCH THE CAPTIONED TWENTY TWO APPEALS ARISE FROM THE RESPECTIVE ORDERS OF THE COMMISSIONER OF INCOME TAX (APPEALS) (CIT(A)) AGAINST DIFFERENT ASSESSMENT YEARS. 2. THE CAPTIONED ASSESSEES HAVE SOUGHT TO WITHDRAW THE APPEALS LISTED ABOVE ON THE GROUND THAT THEY HAVE OPTED TO AVAIL BENEFITS OF VIVAD SE VISHWAS SCHEME, 2020 (VSV). WHEN THE MATTER WAS CALLED FOR HEARING, THE LD. COUNSELS FOR THE ASSESSEE AT THE OUTSET HAVE SUBMITTED THAT THEY DO NOT SEEK TO PURSUE THE SAID APPEALS OWING TO EXERCISE OF OPTION FOR AVAILING VSV SCHEME AND CONSEQUENTLY REQUESTED THAT THEIR APPLICATIONS FOR WITHDRAWAL OF APPEALS MAY PLEASE BE GRANTED. REFERENCE WAS ALSO MADE TO WRITTEN REQUESTS IN THIS REGARD. IT(SS)A NO. 155/RJT/17 & 21 ORS. - 3 - 3. THE LD. DEPARTMENTAL REPRESENTATIVE FOR THE REVENUE STATED THAT HE HAS NO OBJECTION TO WITHDRAW THE APPEALS IN THE CIRCUMSTANCES NARRATED ON BEHALF OF THE ASSESSEE. 4. IN THE LIGHT OF ORAL/WRITTEN REQUESTS MADE ON BEHALF OF THE CAPTIONED PARTIES, ALL THE APPEALS ARE 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 APPEALS FOR HEARING BEFORE ITAT IN ACCORDANCE WITH LAW. 5. IN THE RESULT, ALL CAPTIONED APPEALS ARE DISMISSED AS WITHDRAWN. SD/- SD/- (RAJPAL YADAV) (WASEEM AHMED) VICE PRESIDENT TRUE COPY ACCOUNTANT MEMBER AHMEDABAD: DATED 22/02/2021 RAJESH KUMAR / COPY OF ORDER FORWARDED TO:- 1. / REVENUE 2. / ASSESSEE 3. / CONCERNED CIT 4. - / CIT (A) 5. , , / DR, ITAT, AHMEDABAD 6. [ / GUARD FILE. BY ORDER / , / , THIS ORDER PRONOUNCED ON 22/02/2021