SUDISA FOUNDRY PRIVATE LIMITED,JAMSHEDPUR V. DCIT, CENTRAL CIRCLE, JAMSHEDPUR

MA 7/RAN/2025

AI Insights

The case involves Sudisa Foundry Private Limited and Sudisa Enterprises Private Limited, who filed Miscellaneous Applications against the order of the Income Tax Appellate Tribunal, Ranchi Bench. The original appeals were dismissed as the assessees had filed applications under the VSVS Scheme, which were subsequently rejected by the revenue. The assessees sought to recall the Tribunal's order based on the rejection of their VSVS applications. The Tribunal, considering the submissions and the rejection of the VSVS applications, decided to recall the previous order and restore the appeals to their original status, scheduling them for a final hearing on a later date.

• Counselvise Citation: [2025] 140 COUNSELVISE.COM (IT) 780276 (ITAT-RANCHI)
• Duration Of Justice: 3 month(s) 25 day(s)
• Appeal Type: Miscellaneous Application
• Pronouncement Date: 10-10-2025
• Appeal Filed By: Assessee
• Order Result: Allowed
• Bench Allotted: DB
• Assessment Year: 2014-2015
• Appeal Filed On: 15-06-2025
• Laws Referred To: VSVS Scheme
• Result in Favour of: Assessee
• Court: TRIBUNAL

Judgement Text

"IN THE INCOME TAX APPELLATE TRIBUNAL, RANCHI BENCH, RANCHI BEFORE SHRI GEORGE MATHAN, JUDICIAL MEMBER AND SHRI RATNESH NANDAN SAHAY, ACCOUNTANT MEMBER M.A. No. 07 to 9/Ran/2025 (Arising out of ITA No. 145, 146 & 147/Ran/2023) (Assessment Years: 2014-15 to 2016-17) Sudisa Foundry Private Limited, B-16, 1st Industrial Phase, Adityapur-831013 (Jharkhand) PAN No. AAKCS 4756 N Vs. D.C.I.T., Central Circle, Jamshedpur. Appellant/ Assessee Respondent/ Revenue M.A. No. 10 to 12/Ran/2025 (Arising out of ITA No. 151, 152 & 150/Ran/2023) (Assessment Years: 2015-16, 2016-17 & 2014-15) Sudisa Enterprises Private Limited, C-20, 1st Phase, Industrial Area Adityapur-831013 (Jharkhand) PAN No. AALCS 8419 B Vs. D.C.I.T., Central Circle, Jamshedpur. Appellant/ Assessee Respondent/ Revenue Assessee represented by Shri Akshay Ringasia, A.R. Department represented by Shri Khubchand T. Pandya, Sr. DR Date of hearing 10/10/2025 Date of pronouncement 10/10/2025 O R D E R PER: BENCH 1. These are the Misc. applications filed by the assessee against the order of the Tribunal in ITA No. 145 to 147/Ran/2023 and ITA No. 150 to 152/Ran/2023 order dated 14/02/2025. 2. Shri Akshay Ringasia, ld. AR is represented on behalf of the assessee and Shri Khubchand T. Pandya, ld. Sr. DR is represented on behalf of revenue. 3. It was submitted by the ld. AR that the appeals of the assessee had been Printed from counselvise.com MA No. 7 to 12/Ran/2025 Sudisha Foundry Vs DCIT & one Anr. 2 dismissed as the assessee had filed application under VSVS Scheme. Now the assessee has placed before us the copy of the rejection of the assessees' VSVS application which reads as follows: It was a prayer that the appeals may be recalled as the VSVS application has been rejected by the revenue. Printed from counselvise.com MA No. 7 to 12/Ran/2025 Sudisha Foundry Vs DCIT & one Anr. 3 4. In reply, the ld. Sr.DR did not raise any serious objection. 5. We have considered the submissions and also perused the order of rejection of VSVS application of the assessee. In line with the liberty given to the assessee in the original order of the Tribunal dated 14/02/2025, the order of the Tribunal dated 14/02/2025 stands recalled and the appeals are restored to their original status. Post the appeals for final hearing on 25/11/2025. 6. In the result, all these Misc. applications filed by the assessees are allowed. The Registry is directed to post these appeals 25/11/2025. Order pronounced in open court on 10th October, 2025. Sd/- Sd/- (GEORGE MATHAN) (RATNESH NANDAN SAHAY) JUDICIAL MEMBER ACCOUNTANT MEMBER Ranchi, Dated: 10/10/2025 *Ranjan Copy to: 1. Assessee 2. Revenue 3. CIT 4. DR By order 5. Guard File Sr. Private Secretary, ITAT, Ranchi Printed from counselvise.com "