CHEVROLET SALES INDIA PRIVATE LIMITED,GURUGRAM, HARYANA V. ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE 1(1), GURGAON

ITA 4327/DEL/2024

AI Insights

Chevrolet Sales India Pvt. Ltd. filed an appeal against the final assessment order for the assessment year 2020-21, which was passed under sections 143(3) and 144C(13) of the Income-tax Act, 1961. The appeal was directed against an order dated 24 July 2024. However, the appellant decided to withdraw the appeal following the settlement under the Direct Tax Vivad se Vishwas Scheme, 2024. The scheme required the withdrawal of the appeal as a condition for settlement, which the appellant complied with by submitting the necessary forms and documentation to the income tax authorities.

• Counselvise Citation: [2025] 140 COUNSELVISE.COM (IT) 473543 (ITAT-DELHI)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 07-03-2025
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: H
• Assessment Year: 2020-2021
• Laws Referred To: Income-tax Act, 1961
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: SAHIL KUMAR BANSAL
• Section: 143(3); 13; 20

Judgement Text

" IN THE INCOME TAX APPELLATE TRIBUNAL, DELHI BENCH: ‘H’ NEW DELHI BEFORE SHRI SATBEER SINGH GODARA, JUDICIAL MEMBER AND SHRI MANISH AGARWAL, ACCOUNTANT MEMBER ITA No.4327/Del/2024 Assessment Year: 2020-21 Chevrolet Sales India Pvt. Ltd., Office No.03-102B, 3rd Floor, WEWORK BLUE ONE SQUARE, 246, Phase-IV, Udyog Vihar, Gurugram Vs. ACIT, Circle-1(1), Gurgaon PAN:AADCG2067M (Appellant) (Respondent) ORDER PER MANISH AGARWAL, AM: This assessee’s appeal for assessment year 2020-21 is directed against the final assessment order dated 24.07.2024 passed in pursuance to the direction of Learned Dispute Resolution Panel involving proceedings under section 143(3) r.w.s. 144C(13) r.w.s.144B of the Income-tax Act, 1961 (hereinafter referred to as ‘the Act’). Assessee by None (Application for withdrawal) Department by Sh. Sahil Kumar Bansal, Sr. DR Date of hearing 07.03.2025 Date of pronouncement 07.03.2025 ITA No.4327/Del/2024 2 | P a g e 2. The assessee appears to have filed his application dated 24.02.2025 for withdrawal of the instant appeal, as under: “May it please Yours Honors: We refer to the subject income-tax appeal pending before the Tribunal in the case of the Appellant for the subject year. In this regard, the Appellant would like to submit as follows:  The above-mentioned appeal was filed by the Appellant on 20 September 2024 against the order passed under section 143(3) read with section 144C(13) of the Income-tax Act, 1961 (\"Act\"), dated 24 July 2024, for the subject year.  The Appellant has decided to settle the subject appeal under the recently introduced Direct tax Vivad se Vishwas Scheme, 2024 (\"Scheme\") and had submitted Form 1 (848247680290125) on 29 January 2025. The form has been processed by the income tax authorities and Form 2 (866043741110225) has been issued on 13 February 2025. Copy of Form 1 and Form 2 are enclosed as Annexure 1 and Annexure 2 respectively.  As per the Scheme, the Appellant is required to withdraw the appeal to be settled under the Scheme and submit the proof of such withdrawal within 15 days of receipt of Form 2 i.e. by 28 February 2025.  Therefore, considering the above, the Appellant wishes to withdraw the subject appeal to comply with the provisions of the Scheme.  Accordingly, it is respectfully requested that the appeal pending before the Hon'ble Tribunal for AY 2020-21 in the case of the Appellant, be withdrawn in accordance with the provisions of the Scheme. We request the Tribunal to take the above on record and allow the withdrawal of the subject appeal. In case any further information / clarifications are required, request you to let us know.” 3. Learned departmental representative submits that he has no objection to the instant withdrawal application per se. Ordered accordingly. ITA No.4327/Del/2024 3 | P a g e 4. This assessee’s appeal is dismissed as withdrawn, subject to all just exceptions. Order pronounced in the open court on 7th March, 2025 Sd/- Sd/- (SATBEER SINGH GODARA) (MANISH AGARWAL) JUDICIAL MEMBER ACCOUNTANT MEMBER Dated: 7th March, 2025. RK/- Copy forwarded to: 1. Appellant 2. Respondent 3. CIT 4. CIT(A) 5. DR Asst. Registrar, ITAT, New Delhi "