SHRI RAJENDRA KUMAR BAGMAR, CHENNAI V. ACIT, CHENNAI

ITA 437/CHNY/2022

• Counselvise Citation: [2022] 106 COUNSELVISE.COM (IT) 5047 (ITAT-CHENNAI)
• Duration Of Justice: 1 month(s) 24 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 20-07-2022
• Appeal Filed By: Assessee
• Order Result: Allowed
• Bench Allotted: B
• Assessment Year: 2010-2011
• Appeal Filed On: 26-05-2022
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Assessee Lawyers: M.ABHISHEK LD
• Section: 144

Judgement Text

आयकर अपीलीय अिधकरण ‘बी’ Ɋायपीठ चेɄई मŐ। IN THE INCOME TAX APPELLATE TRIBUNAL ‘B’ BENCH, CHENNAI माननीय ŵी महावीर िसंह, उपाȯƗ एवं माननीय ŵी मनोज कु मार अŤवाल ,लेखा सद˟ के समƗ। BEFORE HON’BLE SHRI MAHAVIR SINGH, VICE PRESIDENT AND HON’BLE SHRI MANOJ KUMAR AGGARWAL, AM आयकर अपील सं./ ITA No.437/Chny/2022 (िनधाŊरण वषŊ / Assessment Year: 2010-11) Rajendra Kumar Bagmar, 100, NSC Bose Road Sowcarpet, Chennai – 79. बनाम/ Vs. NFAC/CHE/W-(112)(92), Chennai – 600 034. ̾थायी लेखा सं./जीआइ आर सं./PAN/GIR No. AAFPB-8319-Q (अपीलाथŎ/Appellant) : (ŮȑथŎ / Respondent) अपीलाथŎ की ओरसे/ Appellant by : Shri M.Abhishek (CA)-Ld. AR ŮȑथŎ की ओरसे/Respondent by : Shri Ravindra T.Mishra (JCIT)-Ld. Sr. DR सुनवाई की तारीख/Date of Hearing : 21-07-2022 घोषणा की तारीख /Date of Pronouncement : 21-07-2022 आदेश / O R D E R Manoj Kumar Aggarwal (Accountant Member) 1. Aforesaid appeal by assessee for Assessment Year (AY) 2010-11 arises out of the order of learned Commissioner of Income Tax (Appeals), National Faceless Appeal Centre (NFAC), Delhi [CIT(A)] dated 19.04.2022 in the matter of an assessment framed by learned Assessing Officer u/s 144 r.w.s. 254 of the Act on 17.09.2021 pursuant to the order of Tribunal dated 19.12.2017 remitting the matter back to the file of Ld. AO. - 2 - 2. During set-aside proceedings, the assessee submitted that it has opted for Vivad Se Vishwas Scheme. However, in the absence of any supporting documents, the plea was rejected and the assessment was framed with certain additions. The Ld. CIT(A) dismissed the appeal as infructuous since the matter was settled by the assessee in the scheme with payment of taxes as evidenced by Form-5 dated 30.10.2021. The grievance of the assessee is that the demand arising out of assessment order still stands against the assessee. 3. It is undisputed position that the assessee has settled the dispute for the year under Vivad Se Vishwas Scheme and paid due taxes as evidenced by Form-5 dated 30.10.2021. Therefore, Ld. AO is directed to re-compute the assessee’s income and verify that the impugned additions are subject matter of settlement under the scheme. If Form-5 is found to be in order, Ld. AO is directed to delete the demand arising out of additions which have been settled under the scheme. 4. The appeal stand allowed in terms of our above order. Order pronounced on 21 st July, 2022. Sd/- (MAHAVIR SINGH) उपाȯƗ /VICE PRESIDENT Sd/- (MANOJ KUMAR AGGARWAL) लेखा सद˟ / ACCOUNTANT MEMBER चेɄई / Chennai; िदनांक / Dated : 21-07-2022 EDN/- आदेश की Ůितिलिप अŤेिषत/Copy of the Order forwarded to : 1. अपीलाथᱮ/Appellant 2. ᮧ᭜यथᱮ/Respondent 3. आयकर आयुᲦ (अपील)/CIT(A) 4. आयकर आयुᲦ/CIT 5. िवभागीय ᮧितिनिध/DR 6. गाडᭅ फाईल/GF