Shri Vishal V. Agarwal, Ahmedabad V. The Dy.CIT.,Cent.Circle-1(3), Ahmedabad

ITSSA 164/AHD/2012

• Counselvise Citation: [2021] 109 COUNSELVISE.COM (IT) 8112 (ITAT-AHMEDABAD)
• Duration Of Justice: 8 year(s) 10 month(s)
• Appeal Type: Income Tax (Search & Seizure) Appeal
• Pronouncement Date: 15-01-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: B
• Next Hearing Date: 31-01-2020
• Assessment Year: 2007-2008
• Appeal Filed On: 15-03-2012
• Result in Favour of: Revenue
• Court: TRIBUNAL

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL AHMEDABAD B BENCH (CONDUCTED THROUGH VIRTUAL COURT) BEFORE: SHRI AMARJIT SINGH, ACCOUNTANT MEMBER AND MS. MADHUMITA ROY, JUDICIAL MEMBER S. NO. ITA/IT(SS)A NO. A.Y. APPELLANT (PAN NO.) RESPONDENT A.R. D.R. 1. 164/AHD/2012 2007-08 VISHAL V. AGARWAL (AEQPA7393L) DCIT CENTRAL CIR.1(3), AHMEDABAD S. N. SOPARKAR & PARIN SHAH R. R. MAKWANA 2. 3485/AHD/2014 2007-08 VISHAL V. AGARWAL (AEQPA7393L) ITO, WD. 7(2), AHMEDABAD -DO- -DO- 3. 186/AHD/2012 2009-10 SANTOSHDEVI V. AGARWAL (AEUPA7386M) DCIT CENTRAL CIR.1(3) AHMEDABAD S. N. SOPARKAR & PARIN SHAH -DO- 4. 3468/AHD/2014 2009-10 SANTOSHDEVI V. AGARWAL (AEUPA7386M) ITO WARD-7(2), AHMEDABAD -DO- -DO- 5. 165/AHD/2012 2008-09 VISHAL V. AGARWAL (AEQPA7393L) DCIT CENTRAL CIR.1(3), AHMEDABAD S. N. SOPARKAR & PARIN SHAH -DO- 6. 3486/AHD/2014 2008-09 VISHAL V. AGARWAL (AEQPA7393L) ITO WARD-7(2), AHMEDABAD S. N. SOPARKAR -DO- 7. 907/AHD/2014 2007-08 SMT. PUSHPABEN K. VASA (ABPPV3703R) ACIT CIRCLE-10, AHMEDABAD -DO- -DO- 8. 1220/AHD/2011 2007-08 SMT. PUSHPABEN K. VASA (ABPPV3703R) DCIT CIRCLE-10, AHMEDABAD -DO- -DO- 9. 230/AHD/2012 2008-09 M/S. V. K. A. FINANCE & INVESTMENT CO. (AAEFV7787K) DCIT, CENTRAL CIR.-1(3), AHMEDABAD -DO- R. KISHAN VYAS 10. 221/AHD/2014 2008-09 M/S. V.K..A. FINANCE & INVESTMENT CO. (AAEFV7787K) ITO WARD-10(4), AHMEDABAD -DO- -DO- 11. 767/AHD/2015 2006-07 MS. NEERU ARUN JAIN (AAZPJ5145J) ITO WARD-11(4), AHMEDABAD BIREN SHAH R. R. MAKWANA 12. 2106/AHD/2017 2006-07 NEERU ARUN JAIN (AAZPJ5145J) ITO WARD-5(3)(4), AHMEDABAD -DO- -DO- 13. 414/AHD/2014 2009-10 VIJAYKUMAR D. AGARWAL (ABNPA2152M) ITO WARD-7(2), AHMEDABAD S. N. SOPARKAR & PARIN SHAH -DO- 14. 157/AHD/2012 2007-08 VIJAYKUMAR D. AGARWAL (ABNPA2152M) DCIT CENTRAL CIR.1(3) AHMEDABAD -DO- -DO- I.T.A/IT(SS)A NOS. 164/AHD/2012 & 20 OTHERS PAG E NO. 2 15. 412/AHD/2014 2007-08 VIJAYKUMAR D. AGARWAL (ABNPA2152M) ITO WARD-7(2), AHMEDABAD -DO- -DO- 16. 184/AHD/2012 2007-08 SANTOSHDEVI V. AGARWAL (AEUPA7386M) DCIT CENTRAL CIR.1(3) AHMEDABAD S. N. SOPARKAR & PARIN SHAH -DO- 17. 3466/AHD/2014 2007-08 SANTOSHDEVI V. AGARWAL (AEUPA7386M) ITO WARD-7(2), AHMEDABAD -DO- -DO- 18. 185/AHD/2012 2008-09 SANTOSHDEVI V. AGARWAL (AEUPA7386M) DCIT CENTRAL CIR.1(3), AHMEDABAD -DO- -DO- 19. 3467/AHD/2014 2008-09 SANTOSHDEVI V. AGARWAL (AEUPA7386M) ITO WARD-7(2), AHMEDABAD -DO- -DO- 20. 159/AHD/2012 2009-10 VIJAYKMAR D. AGARWAL (ABNPA2152M) DCIT, CENTRAL CIR-1(3), AHMEDABAD -DO- KISHAN VYAS 21. 137/AHD/2012 2007-08 ACIT CENTRAL CIR. 1(3), AHMEDABAD SHRI RAJKUMAR D AGARWAL (ABNPA2149J) S. V. AGARWAL & PARIN SHAH -DO- DATE OF HEARING : 13-01-2021 DATE OF PRONOUNCEMENT : 15-01-2021 /ORDER PER BENCH:- THESE TWENTY ONE APPEALS FILED BY DIFFERENT ASSESSE ES, ARISE FROM ORDER OF THE CIT(A), IN PROCEEDINGS UNDER INCOME TAX ACT, 19 61; IN SHORT THE ACT. 2. THE ASSESSEES FILED WRITTEN SUBMISSIONS TO WITHD RAW THE APPEALS ON THE GROUND THAT THEY HAVE OPTED TO AVAIL BENEFITS OF VI VAD SE VISHWAS SCHEME, 2020 AND IN THEIR SUBMISSIONS THE ASSESSEEES HAVE ALSO E NCLOSED THE COPIES FORM NO. -3 ISSUED BY THE PR. CIT OF INCOME TAX FOR APPROVING T HE APPLICATIONS FILED BY THE ASSESSEES UNDER THE VIVAD SE VISHWAS SCHEME, 2020. WHEN THE MATTER WAS CALLED FOR HEARING, THE LD. COUNSELS FOR THE ASSESSEES AT THE OUTSET HAVE SUBMITTED THAT THEY DO NOT WANT TO PURSUE THE SAID APPEALS SINCE THEIR APPLICATIONS UNDER VIVAD SE VISHWAS SCHEME, 2020 HAVE BEEN APPROVED BY THE INCO ME TAX DEPARTMENT AND REQUESTED THAT THEIR APPLICATIONS FOR WITHDRAWAL OF APPEALS MAY PLEASE BE GRANTED. I.T.A/IT(SS)A NOS. 164/AHD/2012 & 20 OTHERS PAG E NO. 3 3. THE LD. DEPARTMENTAL REPRESENTATIVE FOR THE REVE NUE STATED THAT HE HAS NO OBJECTION TO WITHDRAW THE APPEALS IN THE CIRCUMSTAN CES NARRATED ON BEHALF OF THE ASSESSEES. 4. WE HAVE CONSIDERED THE SUBMISSIONS AND APPLICATI ONS OF THE ASSESSEES FOR WITHDRAWAL OF THE APPEALS AS THEIR APPLICATIONS HAV E BEEN APPROVED UNDER VIVAD SE VISHWAS SCHEME, 2020. A REFERENCE HAS BEEN MADE I N SUB-SECTION (2) & (3) OF SECTION 4 OF DIRECT TAX VIVAD SE VISHWAS SCHEME, 20 20 FOR THE PURPOSE OF WITHDRAWAL OF APPEAL. IN THE LIGHT OF THE PROVISIO N MADE IN THE SCHEME AND AFTER CONSIDERING THE MATERIAL ON RECORD, THE AFORESAID R EQUESTS FOR WITHDRAWAL OF APPEALS OF THE ASSESSEES TO AVAIL THE VSV SCHEME, 2 020 IN ACCORDANCE WITH LAW IS ALLOWED. HOWEVER, IN CASE, ANY ISSUE IS REMAINED U N-RESOLVED UNDER THE SAID SCHEME, THEN, THE ASSESSEES WILL BE AT LIBERTY TO F ILE THE MISCELLANEOUS APPLICATIONS TO RECALL THIS ORDER TO RESTORE THE ORIGINAL APPEAL S WITHIN THE TIME LIMIT PROVIDED IN THE ACT. 5. IN THE RESULT, ALL THE TWENTY ONE APPEALS OF THE DIFFERENT ASSESSEES ARE DISMISSED AS WITHDRAWN. ORDER PRONOUNCED IN THE OPEN COURT ON 1 5-01-2021 SD/- SD/- (AMARJIT SINGH) (MADHUMITA ROY) ACCOUNTANT MEMBER JUDICIAL MEMBER AHMEDABAD: DATED 15/01/2021 TRUE COPY / COPY OF ORDER FORWARDED TO:- 1. ASSESSEE 2. REVENUE 3. CONCERNED CIT 4. CIT(A) 5 . DR, ITAT, AHMEDABAD 6. GUARD FILE. BY ORDER/ , / ,