HERO MOTOCROP LTD.,NEW DELHI vs. DCIT, CIRCLE- 11(1), NEW DELHI

PDF · subscribers
ITA 3545/DEL/2019Status: DisposedITAT Delhi08 June 2022AY 2011-123 pages

In favour of the Revenue: the assessee's appeal was dismissed. From the AI summary of this appeal.

AI SummaryDismissed

What did the Tribunal hold?

The Tribunal noted that as per Section 4(2) of the Vivad Se Vishwas Act, 2020, an appeal pending before the Tribunal is deemed withdrawn upon the issuance of a certificate by the designated authority. Therefore, the appeal was dismissed.

What were the facts?

The assessee, Hero Motocorp Ltd., filed an appeal before the ITAT. The assessee subsequently filed an application for withdrawal of the appeal. This withdrawal was in furtherance of a settlement arrived at under The Direct Tax Vivad Se Vishwas Act, 2020.

What were the issues?

The primary issue was the withdrawal of the appeal due to a settlement under the Vivad Se Vishwas Act, 2020, and its implications on the pending tribunal proceedings.

Which sections of the Income-tax Act were involved?

Section 4,Section 5,Section 250

AI-generated summary — verify with the full judgment below

Income Tax Appellate Tribunal, DELHI

Before: SH. SHAMIM YAHYA & SH. ANUBHAV SHARMA

For Appellant: Ms. Manisha Sharma, Adv
For Respondent: Ms. Anupama Singla, Sr. DR
Hearing: 06.06.2022Pronounced: 08.06.2022

This appeal has been preferred by the assessee against the appellate order dated 28.02.2019 u/s 250 of the Income Tax Act, 1961 (hereinafter referred to as “The Act”) passed by Commissioner of Income Tax (Appeals)- 4, New Delhi being appeal no. 981/16-17CIT(A)-4, New Delhi .

2.

Heard and perused the record. An application has been filed, for withdrawal of the appeal by the assessee, in furtherance of settlement arrived under The Direct Tax Vivad Se Vishwas Act, 2020 (The Act of 2020).

3.

On behalf of the appellant, from Form 5 under the Act of 2020 has been placed on record.

4.

The sub section (2) of section 4 of the Act of 2020 provides that on issuance of certificate under sub section (1) of section 5 by the designated authority the appeal pending before this tribunal shall be deemed to have been withdrawn from the date on which the said certificate is issued.

5.

In the light of aforesaid, the appeal in hand stands dismissed.

6.

However, subject to a caveat that in case the dispute relating to tax arrears for the captioned assessment year is not ultimately resolved in terms of The Act of 2020, the assessee shall be at liberty to approach the Tribunal for reinstitution of the appeal and the Tribunal shall consider such application, appropriately as per law.

Order pronounced in the open court on 8th June, 2022.

More judgments on Section 4

All 1,145 judgments and leading authorities on Section 4 →

Recent GST High Court judgments

Search GST case law →