ITAT Surat Judgments — April 2021

The tribunal considered the assessee's application for withdrawal of the appeal due to settlement under the Vivad-Se-Vishwas Scheme. The revenue had no objection to the withdrawal.

The tribunal noted the assessee's prayer for withdrawal and the Revenue's lack of objection. Consequently, the appeal was treated as withdrawn.

The Tribunal noted the assessee's prayer for withdrawal and the Revenue's lack of objection. Consequently, the appeal was treated as withdrawn.

The tribunal noted that the assessee had settled the dispute under the Vivad-Se-Vishwas Scheme and requested withdrawal of the appeal. The Revenue had no objection.

The tribunal noted that the assessee had settled the dispute under the Vivad-Se-Vishwas Scheme and requested withdrawal of the appeal. The Revenue had no objection to the dismissal of the appeal as withdrawn.

The Tribunal considered the assessee's application and the Revenue's no objection. The appeal was dismissed as withdrawn due to the settlement under the Vivad-Se-Vishwas Scheme.

The Tribunal noted that the assessee had settled the dispute with the Department under the Vivad-Se-Vishwas Scheme and had received a certificate. The revenue representative had no objection to the appeal being dismissed as withdrawn.

The Tribunal noted that the assessee had settled the dispute under the Vivad-Se-Vishwas Scheme and had received a certificate. The Revenue had no objection to the appeal being dismissed as withdrawn.

The Tribunal noted that the assessee had settled the disputes under the Vivad-Se-Vishwas Scheme and the Revenue had no objection. Therefore, the appeals were dismissed as withdrawn.

The Tribunal noted that the assessee had settled the disputes under the Vivad-Se-Vishwas Scheme and the Revenue had no objection. Therefore, the appeals were dismissed as withdrawn.

The tribunal noted that the assessee had settled the dispute under the Vivad-Se-Vishwas Scheme and requested withdrawal of the appeal. The Revenue had no objection.

The tribunal noted that the assessee had settled the dispute under the Vivad-Se-Vishwas Scheme and requested withdrawal of the appeal. The revenue had no objection to the dismissal of the appeal as withdrawn.

The Tribunal held that penalty under Section 271(1)(c) cannot be levied on additions made on an estimated basis, especially when the original additions were restricted by the Tribunal itself. Therefore, the penalty was deleted.

The Tribunal noted that the assessee had settled the disputes under the Vivad-Se-Vishwas Scheme and the Revenue had no objection. Therefore, the appeals were dismissed as withdrawn.

The assessee had settled the dispute with the Department under the Vivad-Se-Vishwas Scheme. The appeal was dismissed as withdrawn.

The Tribunal noted that the assessee had settled the disputes under the Vivad-Se-Vishwas Scheme and received Form-3. The Revenue had no objection to the appeals being dismissed as withdrawn.

The Tribunal held that penalty under Section 271(1)(c) cannot be levied on additions made on an estimated basis, especially when the original additions were restricted by the Tribunal itself. Therefore, the penalty was deleted.

The Tribunal noted that the assessee had received Form-3 under the Vivad Se Vishwas Act, 2020, and the Revenue had no objection. Consequently, both appeals were dismissed as withdrawn.

The Tribunal noted that the assessee had received Form-3 under the Vivad Se Vishwas Act, 2020, and the Revenue had no objection. Consequently, both appeals were dismissed as withdrawn.

The Tribunal held that since the assessee had sufficient reserves and surplus far exceeding the interest-free loan advanced, and no nexus was proven between interest-bearing loans and the advance, no disallowance of interest was warranted. The decision followed a similar ruling for a previous assessment year.

The Tribunal noted that the assessee had settled the disputes under the Vivad-Se-Vishwas Act, 2020, and the Revenue had no objection. Therefore, the appeals were dismissed as withdrawn.

The tribunal noted that the assessee had settled the dispute under the Vivad-Se-Vishwas Scheme. The Revenue had no objection to the withdrawal. Therefore, the appeal was dismissed as withdrawn.

The Tribunal noted that the assessee had settled the disputes under the Vivad-Se-Vishwas Act, 2020, and the Revenue had no objection. Therefore, the appeals were dismissed as withdrawn.

The Tribunal noted that the assessee had settled the disputes under the Vivad-Se-Vishwas Act, 2020, and the Revenue had no objection. Therefore, the appeals were dismissed as withdrawn.

The Tribunal considered the assessee's application and the Revenue's no objection. The appeal was dismissed as withdrawn due to the settlement under the Vivad-Se-Vishwas Scheme.

The Tribunal noted that the assessee had settled the disputes under the Vivad-Se-Vishwas Act, 2020, and had received Form-3 for all relevant assessment years. The Revenue had no objection to the appeals being dismissed as withdrawn.

The Tribunal noted that the assessee had settled the disputes under the Vivad-Se-Vishwas Act, 2020, and had received Form-3 for all relevant assessment years. The Revenue had no objection to the appeals being dismissed as withdrawn.

The Tribunal noted that the assessee had settled the disputes under the Vivad-Se-Vishwas Act, 2020, and had received Form-3 for all relevant assessment years. The Revenue had no objection to the appeals being dismissed as withdrawn.

The Tribunal noted that the assessee had settled the disputes under the Vivad-Se-Vishwas Act, 2020, and had received Form-3 for all relevant assessment years. The Revenue had no objection to the appeals being dismissed as withdrawn.

The Tribunal, following a coordinate bench's decision in a co-owners' case with identical facts, restored the appeal to the Assessing Officer for fresh adjudication. The AO is to consider the details filed by the assessee.

The Tribunal considered the assessee's submission and the revenue's no objection. The appeal was dismissed as withdrawn with liberty to the assessee to seek restoration if the VSV-20 settlement was not finalized.

The tribunal dismissed the appeals as withdrawn, granting the assessee liberty to revive them if the VSV-20 settlement was not finalized. The assessing officer was directed to pass consequential orders.

The tribunal noted that the assessee prayed for withdrawal of the appeal and the Revenue representative had no objection. Consequently, the appeal was treated as withdrawn.

The tribunal considered the assessee's application and the revenue's no objection. The appeal was dismissed as withdrawn.

The Tribunal noted the assessee's prayer for withdrawal of the appeal under the Vivad Se Vishwas Scheme. The Revenue did not object to the withdrawal.

The tribunal noted that the assessee prayed for withdrawal of the appeal and the revenue representative did not object. Therefore, the appeal was treated as withdrawn.