The case ITA No. 5307/Del/2019 involves the appellant Rekha Aggarwal, based in Delhi, contesting an order passed by the respondent ITO, Ward-72(4), New Delhi, for the assessment year 2014-15. The appeal was filed on June 10, 2019, against the order of the CIT(A)-28, New Delhi dated May 16, 2019.
Rekha Aggarwal filed the appeal to contest tax arrears and discrepancies in the assessment order for the year 2014-15. However, during the pendency of the appeal, the Government of India introduced the Vivad Se Vishwas Scheme, 2020, which aimed to resolve pending tax disputes by offering taxpayers a chance to settle their arrears with reduced penalties and interest.
The appeal was heard by the Income Tax Appellate Tribunal (ITAT) Delhi ‘SMC-2’ Bench, New Delhi, with Accountant Member Shri N. K. Billaiya and Judicial Member Ms. Suchitra Kamble presiding over the case. The hearing took place on March 1, 2021, and the order was pronounced on the same day.
The appellant, represented by Ms. Kriti Gupta, CA, argued that she had decided to opt for the Vivad Se Vishwas Scheme to settle the tax arrears for the assessment year 2014-15. A letter dated February 26, 2021, was submitted, seeking permission to withdraw the appeal based on the settlement under the scheme.
The respondent, represented by Sh. Farhat Kha, Sr. DR, had no objections to the appellant’s request for withdrawal of the appeal under the Vivad Se Vishwas Scheme.
The ITAT acknowledged the request for withdrawal made by Rekha Aggarwal and accepted the settlement under the Vivad Se Vishwas Scheme. The tribunal allowed the withdrawal of the appeal in light of the scheme, which aims to reduce litigation and settle disputes amicably.
In conclusion, the appeal filed by Rekha Aggarwal was dismissed as withdrawn, following her decision to opt for the Vivad Se Vishwas Scheme, 2020, to settle the tax arrears for the assessment year 2014-15.
Order pronounced in the presence of both parties during the virtual hearing on March 1, 2021.
Rekha Aggarwal Opts for Vivad Se Vishwas Scheme: Appeal Withdrawal for AY 2014-15
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