PUNIT JAIN,NEW DELHI vs. ITO WARD- 46(2), NEW DELHI

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ITA 8051/DEL/2019Status: DisposedITAT Delhi30 December 2020AY 2012-132 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 assessee requested to withdraw the appeals as they had opted to settle the tax arrears under the Vivad Se Vishwas Scheme. The Tribunal accepted this request.

What were the facts?

The assessee filed multiple appeals before the ITAT for assessment years 2009-10 to 2013-14. The assessee did not appear for the virtual hearing.

What were the issues?

The primary issue was the assessee's request to withdraw appeals due to opting for a dispute resolution scheme.

AI-generated summary — verify with the full judgment below

Income Tax Appellate Tribunal, IN THE INCOME TAX APPELLATE TRIBUNAL

Before: SHRI G.S. PANNU & BEFORE SHRI G.S. PANNU & BEFORE SHRI G.S. PANNU & SHRI K.N. CHAR SHRI K.N. CHARYSHRI SHRI

For Respondent: Shri Gaurav Dudeja, Senior DR

PER G.S. PANNU PER G.S. PANNU, , , , VP PER G.S. PANNU PER G.S. PANNU VP VP : VP These appeals filed by the assessee against the order of the learned CIT(A)-16, New Delhi, all dated 22.08.2019, for the assessment years 2009-10 to 2013-14 respectively.

2.

Nobody appeared on behalf of the assessee at the time of Virtual Hearing before us. The learned counsel for the assessee, vide leter dated 25.12.2020 has requested for withdrawal of the appeals filed by the assessee and stated that the assessee has opted to settle the dispute relating to the tax arrears for the assessment years under consideration under the Vivad Se Vishwas Scheme, 2020 in accordance with Direct Tax Vivad se Vishwas Act, 2020 (in short ‘the Act’).

2 ITA-8048 to 8052/Del/2019

3.

Learned Senior DR has no objection.

4.

In view of the above, we accept the request of the assessee for withdrawal of the appeals.

5.

In the result, the appeals of the assessee are dismissed as withdrawn.

Above decision was announced on conclusion of Virtual Hearing on 30th December, 2020.

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