RATAN HOUSING DEVELOPMENT LIMITED,KANPUR V. DCIT,CIRCLE 2(1)(1), KANPUR

ITA 165/LKW/2022

AI Insights

The case involves Ratan Housing Development Limited, the appellant, contesting an order from the National Faceless Appeal Centre, Delhi (NFAC) for the Assessment Year 2019-20. The appellant, represented by Shri A. P. Sinha, Advocate, sought to withdraw the appeal following the submission of Form No.2 under the Direct Tax Vivad Se Vishwas Scheme, 2024. The respondent, The DCIT Circle 2(1)(1) Kanpur, did not object to the withdrawal. The Tribunal's decision to allow the withdrawal was based on the appellant's participation in the DTVSVS, 2024, a scheme aimed at resolving tax disputes.

• Counselvise Citation: [2025] 140 COUNSELVISE.COM (IT) 31914 (ITAT-LUCKNOW)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 24-03-2025
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: B
• Assessment Year: 2019-2020
• Laws Referred To: Direct Tax Vivad Se Vishwas Scheme, 2024
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: SUNIL KUMAR RAJWANSHI; SUNIL KUMAR RAJWANSHI
• Assessee Lawyers: A.P. SINHA; PROXY OF; A.P. SINHA; PROXY OF

Judgement Text

"IN THE INCOME TAX APPELLATE TRIBUNAL LUCKNOW BENCH “B”, LUCKNOW BEFORE SHRI. SUDHANSHU SRIVASTAVA, JUDICIAL MEMBER AND SHRI ANADEE NATH MISSHRA, ACCOUNTANT MEMBER ITA No.165/LKW/2022 Assessment Year: 2019-20 Ratan Housing Development Limited 113/70, Swaroop Nagar Kanpur 208002 v. The DCIT Circle 2(1)(1) Kanpur TAN/PAN:AACCR6099R (Appellant) (Respondent) Appellant by: Shri A. P. Sinha, Advocate (Proxy of Shri Pradeep Kapoor, C.A.) Respondent by: Shri Sunil Kumar Rajwanshi, D.R. Date of hearing: 24 03 2025 Date of pronouncement: 24 03 2025 O R D E R PER SUDHANSHU SRIVASTAVA, J.M.: This appeal has been preferred by the assessee against the order dated 24.08.2022, passed by the National Faceless Appeal Centre, Delhi (NFAC) for Assessment Year 2019-20. 2. At the outset, Shri A. P. Sinha, Advocate, proxy of the Ld. Authorized Representative for the assessee (Ld. A.R.), Shri Pradeep Kapoor, C.A., invited our attention to the application dated 24.02.2025 of Shri Pradeep Kapoor, which was received by the Registry of this Office on 28.02.2025, stating therein that the assessee has opted for Direct Tax Vivad Se Vishwas Scheme, ITA No.165/LKW/2022 Page 2 of 2 2024 (DTVSVS, 2024) and Form No.2 under DTVSVS, 2024 has been enclosed therewith. The prayer of the Ld. A.R. was that in view of the above, he may be permitted to withdraw the appeal. 3. The Ld. CIT(D.R.) has no objection. 4. In view of the prayer made by the Ld. A.R., we permit to withdraw the appeal and the same is consigned to the records with the liberty to the assessee to approach the Tribunal again in case the assessee’s application under Direct Tax Vivad Se Vishwas Scheme, 2024 is not finally accepted by the Department. 5. In the result, the appeal of the assessee is dismissed for statistical purposes. Order pronounced in the open Court on 24/03/2025. Sd/- Sd/- [ANADEE NATH MISSHRA] [SUDHANSHU SRIVASTAVA] ACCOUNTANT MEMBER JUDICIAL MEMBER DATED:24/03/2025 JJ: Copy forwarded to: 1. Appellant 2. Respondent 3. CIT 4. DR By order Assistant Registrar IN THE INCOME TAX APPELLATE TRIBUNAL LUCKNOW BENCH “B”, LUCKNOW BEFORE SHRI. SUDHANSHU SRIVASTAVA, JUDICIAL MEMBER AND SHRI ANADEE NATH MISSHRA, ACCOUNTANT MEMBER ITA No.165/LKW/2022 Assessment Year: 2019-20 Ratan Housing Development Limited 113/70, Swaroop Nagar Kanpur 208002 v. The DCIT Circle 2(1)(1) Kanpur TAN/PAN:AACCR6099R (Appellant) (Respondent) Appellant by: Shri A. P. Sinha, Advocate (Proxy of Shri Pradeep Kapoor, C.A.) Respondent by: Shri Sunil Kumar Rajwanshi, D.R. Date of hearing: 24 03 2025 Date of pronouncement: 24 03 2025 O R D E R PER SUDHANSHU SRIVASTAVA, J.M.: This appeal has been preferred by the assessee against the order dated 24.08.2022, passed by the National Faceless Appeal Centre, Delhi (NFAC) for Assessment Year 2019-20. 2. At the outset, Shri A. P. Sinha, Advocate, proxy of the Ld. Authorized Representative for the assessee (Ld. A.R.), Shri Pradeep Kapoor, C.A., invited our attention to the application dated 24.02.2025 of Shri Pradeep Kapoor, which was received by the Registry of this Office on 28.02.2025, stating therein that the assessee has opted for Direct Tax Vivad Se Vishwas Scheme, ITA No.165/LKW/2022 Page 2 of 2 2024 (DTVSVS, 2024) and Form No.2 under DTVSVS, 2024 has been enclosed therewith. The prayer of the Ld. A.R. was that in view of the above, he may be permitted to withdraw the appeal. 3. The Ld. CIT(D.R.) has no objection. 4. In view of the prayer made by the Ld. A.R., we permit to withdraw the appeal and the same is consigned to the records with the liberty to the assessee to approach the Tribunal again in case the assessee’s application under Direct Tax Vivad Se Vishwas Scheme, 2024 is not finally accepted by the Department. 5. In the result, the appeal of the assessee is dismissed for statistical purposes. Order pronounced in the open Court on 24/03/2025. Sd/- Sd/- [ANADEE NATH MISSHRA] [SUDHANSHU SRIVASTAVA] ACCOUNTANT MEMBER JUDICIAL MEMBER DATED:24/03/2025 JJ: Copy forwarded to: 1. Appellant 2. Respondent 3. CIT 4. DR By order Assistant Registrar "