SP Nesamani @ Tamilmani, Karaikudi V. ACIT, Madurai

ITA 1590/CHNY/2019

AI Insights

The case involves appeals by Shri S.P. Nesamani @ Tamilmani against the common order of the Commissioner of Income Tax (Appeals)-1, Madurai, concerning the assessment years 2003-04 & 2004-05. The assessee decided to withdraw the appeals in light of his intention to settle the disputes under the 'Vivad se Vishwas Scheme, 2020'. This scheme is aimed at resolving pending disputes related to direct taxes. The tribunal's decision to dismiss the appeals was conditional, allowing for the possibility of recalling the appeals if the assessee fails to successfully avail the scheme.

• Counselvise Citation: [2023] 140 COUNSELVISE.COM (IT) 132700 (ITAT-CHENNAI)
• Duration Of Justice: 3 year(s) 9 month(s) 9 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 01-03-2023
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: A
• Next Hearing Date: 01-03-2023
• Assessment Year: 2004-2005
• Appeal Filed On: 20-05-2019
• Laws Referred To: Direct Taxes \'Vivad se Vishwas Scheme, 2020'
• Result in Favour of: Revenue
• Court: TRIBUNAL

Judgement Text

अपीलीय अिधकरण, ‘ए’ ᭠यायपीठ,चे᳖ई IN THE INCOME TAX APPELLATE TRIBUNAL ‘A’ BENCH, CHENNAI ᮰ीमहावीर ᳲसह, उपा᭟यᭃ एवं ᮰ी मनोज कुमार अᮕवाल, लेखा सद᭭य के समᭃ BEFORE SHRI MAHAVIR SINGH, VICE PRESIDENTAND SHRI MANOJ KUMAR AGGARWAL, ACCOUNTANT MEMBER आयकर अपील सं./ITA Nos.: 1589 & 1590/CHNY/2019 िनधाᭅरण वषᭅ /Assessment Years:2003-04 & 2004-05 Shri S.P.Nesamani @ Tamilmani, No.2, Kamarajar Nagar, Kalanivasal, Karaikudi. PAN : ABCPT 3661K v. The ACIT, Circle-II, Madurai. (अपीलाथᱮ/Appellant) (ᮧ᭜यथᱮ/Respondent) अपीलाथᱮ कᳱ ओर से/Appellant by : Shri N.Arjunraj, CA for Shri S. Sridhar, Advocate ᮧ᭜यथᱮ कᳱ ओर से/Respondent by : Shri AR.V. Sreenivasan, Addl.CIT सुनवाई कᳱ तारीख/Date of Hearing : 02.03.2023 घोषणा कᳱ तारीख/Date of Pronouncement : 02.03.2023 आदेश /O R D E R PER MAHAVIR SINGH, VICE PRESIDENT: These appeals filed by the assessee are directed against the common order of learned Commissioner of Income Tax (Appeals)-1, Madurai in ITA Nos.481 & 482/2014-15, dated 29.03.2019 for the assessment years 2003-04 & 2004-05. 2 I.T.A. Nos.1589 &1590/Chny/2019 2. At the time of hearing, the ld.counsel for the assessee has stated that the assessee wants to utilize the Direct Taxes ‘Vivad se Vishwas Scheme, 2020’ to settle pending disputes relating to Direct Taxes and in this regard he filed a letter dated 02.03.2023 along with Form no. 3 from the designated authority. Therefore, once the assessee has filed Form 3 and expressed his willingness to settle pending disputes regarding direct taxes, then there is no point in keeping appeals filed by the assessee. Hence, we are dismissing the appeals subject to liberty to the assessee to get it recalled in case, the assessee does not succeed in availing the scheme i.e., Vivad Se Vishwas Scheme 2020 for whatever reason. 3. In the result, the appeals filed by the assessee are dismissed as withdrawn. Order pronounced in the open court on 2 nd March, 2023 at Chennai. Sd/- Sd/- (मनोज कुमार अᮕवाल) (MANOJ KUMAR AGGARWAL) लेखा सद᭭य/ACCOUNTANT MEMBER (महावीर ᳲसह ) (MAHAVIR SINGH) उपा᭟यᭃ /VICE PRESIDENT चे᳖ई/Chennai, ᳰदनांक/Dated, the 2 nd March, 2023 RSR आदेश कᳱ ᮧितिलिप अᮕेिषत/Copy to: 1. अपीलाथᱮ/Appellant 2. ᮧ᭜यथᱮ/Respondent 3. आयकर आयुᲦ /CIT 4. िवभागीय ᮧितिनिध/DR 5. गाडᭅ फाईल/GF.