SH SHANKER KEDIA HUF,AMRITSAR. vs. THE DY COMMISSIONER OF INCOME TAX, AMRITSAR.
What did the Tribunal hold?
The Tribunal allowed the assessee's applications to withdraw the appeals. The appeals were dismissed as withdrawn due to the assessee's settlement under the Vivad Se Vishwas Scheme.
What were the facts?
The assessee filed appeals against assessment orders for AYs 2007-08 to 2012-13, which were dismissed by the CIT(A). The assessee subsequently opted to settle these issues under the Vivad Se Vishwas Scheme 2020.
What were the issues?
Whether the appeals should be dismissed as withdrawn following the assessee's settlement under the Vivad Se Vishwas Scheme.
Which sections of the Income-tax Act were involved?
AI-generated summary — verify with the full judgment below
आदेश/Order
Per R.L. Negi, Judicial Member:
The assessee has filed the captioned appealsagainst the separate ordersdated 25.09.2014 (A.Y. 2007-08 to 2009-10), dated 22.09.2014 (A/Y. 2010-11& 2011-12) and dated 19.9.2016 (A.Y. 2012-13) respectively passed by the Commissioners of Income Tax (Appeals), Ludhiana [for short ‘the CIT(A)], pertaining to the assessment years 2007-08 to 2012-13 vide which the Ld. CIT(A) has dismissed the appeals of the assessee filed against the assessment orders passed u/s 143(3) of the Income Tax Act, 1961 (for short 'the Act').
At the outset, Ld. Counsel for the assessee submitted that the assessee has opted to settle the issues in the said appeals under the provisions of ‘Vivad Se Vishwas Scheme 2020’.The Ld. Counsel further submitted that applications for withdrawal of the said appealshave already been filed. Hence, the same may be allowed and the assessee may be permitted to withdraw the said appeals.
The Ld. Departmental Representative did not oppose the applications filed by the assessee.
In view of the submissions made by the Ld. Counsel for the assessee, we allow the applications filed by the assessee and accordingly dismiss the appeals as withdrawn.
Order pronounced on 23.02.2021.
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