Ramesh Chandra Saraf, New Delhi V. ITO WARD - 17(4), New Delhi

ITA 4640/DEL/2019

AI Insights

This case involves an appeal by Ramesh Chandra Saraf against the order of the CIT (Appeals)-37, New Delhi, concerning tax arrears for the Assessment Year 2014-15. The assessee decided to settle the dispute under the 'Vivad Se Vishwas Scheme, 2020', a government initiative aimed at resolving pending tax disputes. By filing Form 5, the assessee sought a full and final settlement of his tax liabilities. The Tribunal's decision to dismiss the appeal was contingent upon the successful resolution of the dispute under the aforementioned scheme, with provisions to restore the appeal if necessary.

• Counselvise Citation: [2023] 140 COUNSELVISE.COM (IT) 121867 (ITAT-DELHI)
• Duration Of Justice: 3 year(s) 7 month(s) 13 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 03-01-2023
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: F
• Next Hearing Date: 03-01-2023
• Assessment Year: 2014-2015
• Appeal Filed On: 21-05-2019
• Laws Referred To: Vivad Se Vishwas Scheme, 2020
• Result in Favour of: Revenue
• Court: TRIBUNAL

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL DELHI BENCH, ‘F’: NEW DELHI BEFORE SHRI SHAMIM YAHYA, ACCOUNTANT MEMBER AND SHRI N. K. CHOUDHRY, JUDICIAL MEMBER ITA No.4640/DEL/2019 [Assessment Year: 2014-15] Ramesh Chandra Saraf, B-45, Inderpuri, New Delhi-110012 Vs Income Tax Officer, Ward-17(4), Room No.225 D, 2 nd Floor, Building, New Delhi-110002 PAN-AARPS2666K Assessee Revenue Assessee by Sh. Pawan Kumar, AR Revenue by Sh. Ajay Kumar Arora, Sr. DR Date of Hearing 04.01.2023 Date of Pronouncement 04.01.2023 ORDER PER SHAMIM YAHYA, AM, This appeal by the assessee is directed against the order of ld. CIT (Appeals)-37, New Delhi, dated 25.03.2019 for the Assessment Year 2014-15. 2. The ld. Counsel for the assessee, at the time of hearing before us, through his letter dated 04.01.2023, submitted that the assessee has opted to settle the dispute relating to the tax arrears for the assessment years under consideration under the “Vivad Se Vishwas Scheme, 2020” and has filed Form 5 issued by the Department for the full and final settlement of tax arrears along with the application. 3. Keeping in view the aforesaid facts, present appeal is hereby dismissed with liberty to get it restored by the assessee in case dispute is 2 ITA NO.2516/DEL/2018 not settled as per scheme. The Revenue has no objection with regard to the aforesaid caveat. Consequently, the present appeal is dismissed as withdrawn. Order pronounced in the open court on 04 th January, 2023. Sd/- Sd/- [N.K.CHOUDHRY] [SHAMIM YAHYA] JUDICIAL MEMBER ACCOUNTANT MEMBER Delhi; Dated: 04.01.2023. f{x~{tÜ? f{x~{tÜ?f{x~{tÜ? f{x~{tÜ? Copy forwarded to: 1. Appellant 2. Respondent 3. CIT 4. CIT(A) 5. DR Asst. Registrar, ITAT, New Delhi