MESERS H.S AKASH AGRO INDIA PRIVATE LIMITED , MANSA V. DEPUTY COMMISSIONER OF INCOME TAX, CIRCEL-1, BATHINDA

ITA 520/ASR/2018

AI Insights

The case involved M/s H. S. Akash Agro India Pvt. Ltd., the appellant, who filed an appeal against an order dated 16.08.2018 by the Commissioner of Income Tax (Appeals), Bathinda, concerning the Assessment Year 2015-16. The appellant requested to withdraw the appeal, citing a settlement under the 'Vivad Se Vishwas Scheme, 2020', a scheme aimed at resolving pending tax disputes. The respondent, represented by Mrs. Kanchan Garg, Sr. DR, did not object to the withdrawal. Consequently, the tribunal accepted the withdrawal and dismissed the appeal.

• Counselvise Citation: [2023] 140 COUNSELVISE.COM (IT) 114410 (ITAT-AMRITSAR)
• Duration Of Justice: 4 year(s) 3 month(s) 18 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 16-02-2023
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: DB
• Next Hearing Date: 12-02-2023
• Assessment Year: 2015-2016
• Appeal Filed On: 28-10-2018
• Laws Referred To: Direct Tax Vivad Se Vishwas Act, 2020
• Result in Favour of: Revenue
• Court: TRIBUNAL

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL AMRITSAR BENCH, AMRITSAR (VIRTUAL COURT) BEFORE DR. M. L. MEENA, ACCOUNTANT MEMBER AND SH. ANIKESH BANERJEE, JUDICIAL MEMBER I.T.A. No. 520/Asr/2018 Assessment Year: 2015-16 M/s H. S. Akash Agro India Pvt. Ltd., Talwandi Saboo Raod, Mansa [PAN: AADCH 1287L] Vs. Dy. C.I.T., Circle 1, Bathinda (Appellant) (Respondent) Appellant by : None Respondent by: Mrs. Kanchan Garg, Sr. DR Date of Hearing: 13.02.2023 Date of Pronouncement: 17.02.2023 ORDER Per Dr. M. L. Meena, AM: This appeal has been filed by the assessee against the impugned order dated 16.08.2018 passed by the Ld. Commissioner of Income Tax (Appeals), Bathinda, in respect of the Assessment Year 2015-16. 2. At the outset, the ld. AR of the assessee has requested for withdrawal of the appeal vide application dated 16.11.2022 stating therein ITA No. 520/Asr/2018 H.S. Akash Agro India P. Ltd. v. Dy. CIT 2 that the assessee has settled the dispute relating to the tax arrears for the assessment year under consideration under the “Vivad Se Vishwas Scheme, 2020”. A certificate to this effect under Section 5(1) of the Direct Tax Vivad Se Vishwas Act, 2020 has also been filed. 3. The Ld. DR has no objection. 4. In view of the above, we accept the request of the assessee for withdrawal of the appeal. 5. In the result, the appeal filed by the assessee is dismissed as withdrawn. Order pronounced in the open court on 17.02.2023 Sd/- Sd/- (Anikesh Banerjee) (Dr. M. L. Meena) Judicial Member Accountant Member *GP/Sr/PS* Copy of the order forwarded to: (1) The Appellant: (2) The Respondent: (3) The CIT(Appeals) (4) The CIT concerned (5) The Sr. DR, I.T.A.T True Copy By Order