AI Insights
The case involved an appeal by the Deputy Commissioner of Income Tax (DCIT), Central Circle, Karnal, against Jai Bharat Gum & Chemicals Ltd. The appeal was related to the assessment year 2014-15 and was directed against the order of the CIT(A)-3, Gurgaon dated 31.10.2017. During the proceedings, the counsel for the assessee requested the dismissal of the Revenue's appeal as withdrawn, citing the settlement of the dispute under the 'Vivad Se Vishwas Scheme, 2020'. This scheme is designed to resolve pending tax disputes and reduce litigation. The necessary documentation to support this settlement was provided to the tribunal.
Appeal details
Counselvise Citation
[2023] 140 COUNSELVISE.COM (IT) 122196 (ITAT-DELHI)
Assessee PAN
Bench
Appeal Number
Duration Of Justice
5 year(s) 16 day(s)
Appellant
Respondent
Appeal Type
Income Tax Appeal
Pronouncement Date
11-01-2023
Appeal Filed By
Department
Order Result
Dismissed
Bench Allotted
C
Next Hearing Date
11-01-2023
Assessment Year
2014-2015
Appeal Filed On
25-12-2017
Judgement Text
IN THE INCOME TAX APPELLATE TRIBUNAL DELHI “C” BENCH: NEW DELHI BEFORE SHRI KUL BHARAT, JUDICIAL MEMBER & SHRI PRADIP KUMAR KEDIA, ACCOUNTANT MEMBER ITA No.7729/Del/2017 [Assessment Year : 2014-15] DCIT, Central Circle, Karnal, Haryana. vs Jai Bharat Gum & Chemicals Ltd., Dhani Ramjas, Siwani Mandi, Bhiwani, Haryana PAN-AAACJ2998M APPELLANT RESPONDENT Appellant by Shri Govind Singhal, Sr.DR Respondent by Shri V. Raja Kumar, Adv Date of Hearing 12.01.2023 Date of Pronouncement 12.01.2023 ORDER PER KUL BHARAT, JM : The present appeal filed by the Revenue for the assessment year 2014- 15 is directed against the order of Ld. CIT(A)-3, Gurgaon dated 31.10.2017. 2. At the time of hearing, the Ld. Counsel for the assessee has requested for dismissal of Revenue’s appeal as withdrawn, as the assessee has opted to settle the dispute relating to the tax arrears for the assessment year under consideration under the “Vivad Se Vishwas Scheme,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”. A certificate to this effect under Section 5(1) of the Direct Tax Vivad Se Vishwas Act, 2020 has also been filed. Form No.4 issued by the Department is also placed on record. 3. In view of the above-stated facts, evidence on record and no objection by Ld. Sr. DR, we are inclined to accept the prayer of the assessee for dismissal of the appeal as withdrawn. Page | 2 4. In the result, the appeal of the Revenue is dismissed as withdrawn. Order pronounced in the open Court on 12 th January, 2023. Sd/- Sd/- (PRADIP KUMAR KEDIA) (KUL BHARAT) ACCOUNTANT MEMBER JUDICIAL MEMBER * Amit Kumar * Copy forwarded to: 1. Appellant 2. Respondent 3. CIT 4. CIT(Appeals) 5. DR: ITAT ASSISTANT REGISTRAR ITAT, NEW DELHI
