PI FOUNDATION TRUST,NEW DELHI vs. ITO, EXTEMPTINS, NEW DELHI

PDF · subscribers
ITA 9034/DEL/2019Status: DisposedITAT Delhi25 August 2021AY 2016-172 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 accepted the assessee's request for withdrawal of the appeal. This was based on the assessee opting to settle the dispute under the Vishwas Scheme, 2020.

What were the facts?

The assessee filed an appeal against the CIT(A)'s order for AY 2016-17. During the virtual hearing, no one appeared for the assessee. The assessee had requested withdrawal of the appeal.

What were the issues?

Whether the assessee's appeal can be withdrawn due to settlement under the Vishwas Scheme, 2020.

Which sections of the Income-tax Act were involved?

Section 5(1)

AI-generated summary — verify with the full judgment below

Income Tax Appellate Tribunal, DELHI BENCH, ‘SMC’: NEW DELHI

Before: SHRI R.K. PANDA

Hearing: 25.08.2021Pronounced: 25.08.2021

ORDER This appeal filed by the assessee is directed against the order dated 17.09.2019 of the learned CIT(A)-40, Delhi, relating to Assessment Year 2016-17.

2.

None appeared on behalf of the assessee during the course of Virtual Hearing before us. The assessee, vide its letter dated 05.08.2021, has requested for withdrawal of the appeal filed by the assessee stating 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. A certificate to this effect under Section 5(1) of The Direct Tax Vivad Se Vishwas Act, 2020 has also been filed.

3.

Learned DR has no objection.

4.

In view of the above, I accept the request of the assessee for withdrawal of the appeal.

5.

In the result, the appeal of the assessee is dismissed as withdrawn.

Above decision was pronounced in the open court on conclusion of Virtual Hearing on 25.08.2021.

More judgments on Section 5(1)

All 1,811 judgments and leading authorities on Section 5(1) →

Recent GST High Court judgments

Search GST case law →