Gaurav Malhotra, New Delhi V. DCIT circle 10(1), New Delhi

ITA 6332/DEL/2019

AI Insights

The case involved an appeal by Gaurav Malhotra against the order of the Ld. CIT(A)-4, New Delhi, concerning the assessment year 2014-15. The primary issue was the disputed tax amount, which the assessee opted to settle under the 'VIVAD SE VISHWAS SCHEME, 2020'. This scheme is designed to resolve pending tax disputes and litigation. During the hearing, the assessee's counsel informed the tribunal about the settlement and the issuance of Form No.5 by the Department, indicating the formal acceptance of the settlement. Consequently, the assessee requested the withdrawal of the appeal, which was granted by the tribunal without any objections from the D.R.

• Counselvise Citation: [2023] 140 COUNSELVISE.COM (IT) 122149 (ITAT-DELHI)
• Duration Of Justice: 3 year(s) 9 month(s) 1 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 26-04-2023
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: B
• Next Hearing Date: 25-04-2023
• Assessment Year: 2014-2015
• Appeal Filed On: 25-07-2019
• Laws Referred To: VIVAD SE VISHWAS SCHEME, 2020
• Result in Favour of: Revenue
• Court: TRIBUNAL

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL DELHI BENCHES “B”: DELHI BEFORE SHRI CHANDRA MOHAN GARG, JUDICIAL MEMBER AND SHRI M. BALAGANESH, ACCOUNTANT MEMBER ITA.No.6332/Del./2019 Assessment Year 2014-15 Gaurav Malhotra G-12, Anand Niketan, New Delhi 110021 PAN AALPM 7722 N [vs. The DCIT, Circle 10(1), New Delhi 110011 (Appellant) (Respondent) For Assessee : Mohd. Manish Ali (On behalf of assessee) For Revenue : Ms. Maimun Alam, Sr. DR Date of Hearing : 26.04.2023 Date of Pronouncement : 27.04.2023 ORDER PER CHANDRA MOHAN GARG, J.M. This appeal by Assessee has been directed against the Order of the Ld. CIT(A)-4, New Delhi, dated 21.02.2019 in Appeal No.120/17-18/CIT(A)-4 relating to the A.Y. 2014-15. 2 ITA.No.6332/Del./2019 Gaurav Malhotra 2. During the course of hearing, at the very outset, Learned Counsel for the Assessee submitted that the assessee has opted for settlement of the disputed tax amount under VIVAD SE VISHWAS SCHEME, 2020 and the Department also issued Form No.5, which is placed on record. 3. In view of the above and in absence of any objection from the side of the Ld. D.R, the request of the assessee for withdrawal of the appeal is allowed and the appeal of the assessee is dismissed as withdrawn. Order pronounced in the open court at the time of hearing i.e., on 27.04.2023. Sd/- Sd/- [M. BALAGANESH] [CHANDRA MOHAN GARG] ACCOUNTANT MEMBER JUDICIAL MEMBER Delhi, Dated 27 th April, 2023 NV/- 3 ITA.No.6332/Del./2019 Gaurav Malhotra Copy to 1. The appellant 2. The respondent 3. Ld. CIT(A) concerned 4. CIT concerned 5. DR ITAT “B” Bench, Delhi 6. Guard File //By Order// Assistant Registrar, ITAT, Delhi Benches, Delhi.