Case Number: ITA 5875/DEL/2019
Appellant: Khichwamaji Exporters, New Delhi
Respondent: ACIT Circle-34(1), New Delhi
Assessment Year: 2015-16
Case Filed On: 2019-07-05
Order Type: Final Tribunal Order
Date of Order: 2021-03-04
Pronounced On: 2021-03-04
Summary:
The case of Khichwamaji Exporters vs ACIT, New Delhi revolves around a tax arrears dispute for the assessment year 2015-16. The appellant, Khichwamaji Exporters, contested the tax arrears determined by the Assessing Officer (AO) and upheld by the Commissioner of Income Tax (Appeals)-12, New Delhi. The case was subsequently brought before the Income Tax Appellate Tribunal (ITAT) for resolution.
Background:
Khichwamaji Exporters, located at E-174, Shastri Nagar, Delhi, filed an appeal against the order of the CIT(A)-12, New Delhi, concerning the assessment year 2015-16. The primary issue was the tax arrears determined by the AO, which the appellant sought to dispute through the legal process. However, during the pendency of the appeal, the appellant opted to settle the dispute under the Vivad Se Vishwas Scheme, 2020 (VSVS).
Grounds of Appeal:
Tribunal Proceedings:
During the virtual hearing, no one appeared on behalf of the appellant. The appellant’s authorized representative submitted a letter requesting the withdrawal of the appeal, stating that the appellant had opted to settle the dispute under the Vivad Se Vishwas Scheme, 2020. The appellant also provided a certificate under Section 5(1) of The Direct Tax Vivad Se Vishwas Act, 2020, confirming the settlement.
The Senior Departmental Representative (Sr. DR) representing the Revenue had no objection to the withdrawal request. Considering the appellant’s request and the absence of any objections from the Revenue, the tribunal accepted the withdrawal of the appeal.
Conclusion:
In conclusion, the tribunal dismissed the appeal filed by Khichwamaji Exporters as withdrawn, following the appellant’s decision to settle the tax arrears dispute under the Vivad Se Vishwas Scheme, 2020. This case underscores the utility of the Vivad Se Vishwas Scheme in resolving tax disputes amicably and expeditiously.
Order Pronouncement:
Order was pronounced in the open court on 04.03.2021, following the virtual hearing.
—
(KULDIP SINGH)
JUDICIAL MEMBER
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(R.K. PANDA)
ACCOUNTANT MEMBER
Khichwamaji Exporters vs ACIT, New Delhi – Case Filed Due to Tax Arrears Dispute
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