ACIT, NCC - 9 (1), CHENNAI V. SHRI UTTAM C. JAIN, CHENNAI

ITA 7/CHNY/2020

• Counselvise Citation: [2022] 106 COUNSELVISE.COM (IT) 6514 (ITAT-CHENNAI)
• Duration Of Justice: 2 year(s) 7 month(s) 14 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 15-08-2022
• Appeal Filed By: Department
• Order Result: Dismissed
• Bench Allotted: C
• Assessment Year: 2015-2016
• Appeal Filed On: 01-01-2020
• Result in Favour of: Assessee
• Court: TRIBUNAL

Judgement Text

आयकरअपीलसं./ITA No.07/Chny/2020 िनधा रणवष /Assessment Year: 2015-16 The Asst. Commissioner of – Income Tax, Non-Corporate Circle-9(1), Room No.211, 2 nd Floor, Wanaparthy Block 121, M.G.Road,Chennai. v. Mr.Uttam C.Jain, No.127/A, Flat No.6051, TVH Lumbini Square Appt., Bricklin Road, Purasawalkkam, Chennai-600 007. [PAN:AAFPJ 3365 A ] (अपीलाथ /Appellant) ( यथ /Respondent) Department by : Mr.Hema Bhupal, JCIT Assessee by : None सुनवाई क तारीख/Date of Hearing : 16.08.2022 घोषणा क तारीख /Date of Pronouncement : 16.08.2022 आदेश / O R D E R PER DR. DIPAK P. RIPOTE, ACCOUNTANT MEMBER: This appeal filed by the revenue is directed against the order of the Commissioner of Income Tax (Appeals)-10, Chennai, dated 23.10.2019 and pertains to assessment year 2015-16. 2. We have heard learned DR and also perused the materials available on record. At the time of hearing, learned DR brought to our notice that assessee opted for Vivad se Vishwas Scheme. It is observed that assessee has filed a letter dated 22.06.22 requesting for permission to withdraw the appeal, along with Form Nos.3 to 5 issued by the आयकर अपीलीय अिधकरण, ’सी’ यायपीठ, चे ई। IN THE INCOME TAX APPELLATE TRIBUNAL ‘C’ BENCH: CHENNAI ी महावीर िसंह, उपा , एवं डॉ। दीपक पी रपोटे, लेखा सद के सम BEFORE SHRI MAHAVIR SINGH, VICE PRESIDENT AND DR. DIPAK P. RIPOTE, ACCOUNTANT MEMBER ITA No.7/Chny/2020 :: 2 :: Department under ‘Direct Tax Vivad se Vishwas Scheme, 2020’ and submitted that the assessee has availed the DT VSV scheme to settle its pending disputes. The ld.DR, on the other hand, has no objection for dismissing the appeal as the Designated Authority has issued Form Nos.3 to 5. Therefore, considering the fact that the assessee has availed the ‘Direct Tax Vivad se Vishwas Scheme, 2020’, the appeal is treated as dismissed. However, a liberty is given to the revenue to restore the appeal, in case application filed by the assessee before the Designated Authority, is rejected for any reason. 3. In the result, appeal filed by the revenue is dismissed. Order pronounced on the 16 th day of August, 2022, in Chennai. Sd/- (महावीरिसंह) (MAHAVIR SINGH) उपा /VICE PRESIDENT Sd/- (डॉ।दीपकपी रपोटे) (DR. DIPAK P. RIPOTE) लेखासद य/ACCOUNTANT MEMBER चे ई/Chennai, दनांक/Dated:16 th August, 2022. TLN आदेश क ितिलिप अ ेिषत/Copy to: 1. अपीलाथ /Appellant 4. आयकर आयु"/CIT 2. यथ /Respondent 5. िवभागीय ितिनिध/DR 3. आयकरआयु" (अपील)/CIT(A) 6. गाड फाईल/GF