AQ FROZEN FOODS PVT. LTD., NEW DELHI V. DCIT, CIRCLE- 3(1), NEW DELHI

ITA 7271/DEL/2018

AI Insights

The case involves M/s AQ Frozen Foods Pvt. Ltd., the appellant, who filed an appeal against the order of the ld. CIT (Appeals)-I, New Delhi, for the Assessment Year 2014-15. The appeal was heard by the Income Tax Appellate Tribunal, Delhi Bench. On the scheduled date of the hearing, no representative appeared on behalf of the assessee. However, the assessee had submitted an application seeking to withdraw the appeal, citing their decision to settle the tax arrears under the 'Vivad Se Vishwas Scheme, 2020'. This scheme allows for the resolution of disputes related to tax arrears. The Tribunal acknowledged the application and the intention of the assessee to settle under the mentioned scheme, leading to the dismissal of the appeal with a provision to restore it if necessary.

• Counselvise Citation: [2022] 140 COUNSELVISE.COM (IT) 121774 (ITAT-DELHI)
• Duration Of Justice: 4 year(s) 8 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 23-11-2022
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: A
• Next Hearing Date: 23-11-2022
• Assessment Year: misc
• Appeal Filed On: 14-11-2018
• 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, ‘A’: NEW DELHI BEFORE SHRI SHAMIM YAHYA, ACCOUNTANT MEMBER AND SHRI ANUBHAV SHARMA, JUDICIAL MEMBER ITA No.7271/DEL/2018 [Assessment Year: 2014-15] M/s AQ Frozen Foods Pvt. Ltd B-503, 3 rd Floor, New Friends Colony, New Delhi-110065 Vs DCIT, Circle-3(1), New Delhi-110002 PAN-AAICA2794C Assessee Revenue Assessee by None Revenue by Sh. Kanv Bali, Sr. DR Date of Hearing 24.11.2022 Date of Pronouncement 24.11.2022 ORDER PER SHAMIM YAHYA, AM, This appeal by the assessee is directed against the order of ld. CIT (Appeals)-I, New Delhi, dated 10.09.2018 for the Assessment Year 2014- 15. 2. Nobody appeared on behalf of the assessee. However, an application has been filed by the assessee seeking withdrawal of the appeals on the ground 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. 2 ITA No.7271/Del/2018 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 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 24 th November, 2022. Sd/- Sd/- [ANUBHAV SHARMA] [SHAMIM YAHYA] JUDICIAL MEMBER ACCOUNTANT MEMBER Delhi; Dated: 24.11.2022. f{x~{tÜ f{x~{tÜf{x~{tÜ f{x~{tÜ Copy forwarded to: 1. Appellant 2. Respondent 3. CIT 4. CIT(A) 5. DR Asst. Registrar, ITAT, New Delhi