Vinod Arora, New Delhi V. Pr. CIT - 1, New Delhi

ITA 4665/DEL/2019

AI Insights

Vinod Arora, the appellant, filed an appeal against the order of the Pr.CIT-1, New Delhi, concerning the Assessment Year 2014-15. The appeal was related to tax arrears. However, during the proceedings, the appellant's representative informed the tribunal about the withdrawal of the appeal, citing the assessee's decision to settle the dispute under the 'Vivad Se Vishwas Scheme, 2020'. This scheme is designed to resolve pending tax disputes and arrears. The tribunal, considering the application for withdrawal and the provisions of the settlement scheme, dismissed the appeal but allowed for its restoration if the settlement is not successful.

• Counselvise Citation: [2023] 140 COUNSELVISE.COM (IT) 113907 (ITAT-DELHI)
• Duration Of Justice: 3 year(s) 7 month(s) 16 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 08-01-2023
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: F
• Next Hearing Date: 04-01-2023
• Assessment Year: 2014-2015
• Appeal Filed On: 22-05-2019
• 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) SHRI SHAMIM YAHYA, ACCOUNTANT MEMBER and SHRI NARENDER KUMAR CHOUDHRY, JUDICIAL MEMBER ITA No.4665 /Del./2019 (ASSESSMENT YEAR : 2014-15) Vinod Arora, vs. Pr.CIT 1, C – 94, 2 nd Floor, New Delhi. Road No.6, Shivaji Park, Punjabi Bagh, New Delhi – 110 026. (PAN : ADOPA7251Q) (APPELLANT) (RESPONDENT) ASSESSEE BY : Shri Sameep Arora, AR REVENUE BY : Shri Binod Kumar, CIT DR Date of Hearing : 05.01.2023 Date of Order : 09.01.2023 ORDER PER SHAMIM YAHYA, ACCOUNTANT MEMBER : This appeal by the assessee is directed against the order of ld. Pr.CIT-1, New Delhi dated 22.03.2019 for the Assessment Year 2014-15. 2. Ld. AR for the assessee submitted that an application has been filed seeking withdrawal of the appeal on the ground that the assessee has opted to settle the dispute relating to the tax arrears for the assessment year under consideration under the “Vivad Se Vishwas Scheme, 2020” and has filed Form 5 issued by the Tax Department. ITA No.4665/Del./2019 2 3. Keeping in view the aforesaid facts, present appeal is hereby dismissed with liberty to get it restored in case dispute is not settled as per scheme. The Revenue has no objection with regard to the aforesaid caveat. Consequently, the appeal filed by the assessee is dismissed. Order pronounced in the open court on this 9 th day of January, 2023. Sd/- sd/- (NARENDER KUMAR CHOUDHRY) (SHAMIM YAHYA) JUDICIAL MEMBER ACCOUNTANT MEMBER Dated the 9 th day of January, 2023 TS Copy forwarded to: 1.Appellant 2.Respondent 3.CIT 4.Pr.CIT-1, New Delhi. 5.CIT(ITAT), New Delhi. AR, ITAT NEW DELHI.