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Income Tax Appellate Tribunal, DELHI BENCH ‘E’ : NEW DELHI
IN THE INCOME TAX APPELLATE TRIBUNAL (DELHI BENCH ‘E’ : NEW DELHI) SHRI SHAMIM YAHYA, ACCOUNTANT MEMBER and SHRI NARENDER KUMAR CHOUDHRY, JUDICIAL MEMBER ITA No.3809/Del./2019 (ASSESSMENT YEAR : 2015-16) Ligare Aviation Limited, vs. ACIT, Spl. Range 5, 8/87, Mehram Nagar, New Delhi. New Delhi – 110 010. (PAN : AAACV3934B) ITA No.4802/Del./2019 (ASSESSMENT YEAR : 2015-16) ACIT, Spl. Range 5, vs. Ligare Aviation Limited, New Delhi. 8/87, Mehram Nagar, New Delhi – 110 010. (PAN : AAACV3934B) (APPELLANT) (RESPONDENT) ASSESSEE BY : None REVENUE BY : Ms. Sarita Kumari, CIT DR Date of Hearing : 02.01.2023 Date of Order : 05.01.2023
ORDER PER SHAMIM YAHYA, ACCOUNTANT MEMBER : These cross appeals by the assessee and Revenue are directed against the order of ld. CIT (Appeals)-36, New Delhi dated 13.02.2019 for the Assessment Year 2015-16. ground that 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” and has filed Form 5 issued by the Tax Department.
Keeping in view the aforesaid facts, present appeals are hereby dismissed with liberty to get it restored in case dispute is not settled as per scheme. The Revenue has no objection with regard to the aforesaid caveat. Consequently, the appeals filed by the assessee and Revenue are dismissed. Order pronounced in the open court on this 5th day of January, 2023.