Case Number: ITA 469/DEL/2019
Appellant: DCIT, Central Circle, Noida
Respondent: Maconns Infra Pvt Ltd, New Delhi
Assessment Year: 2014-15
Case Filed On: 2019-01-23
Order Type: Final Tribunal Order
Date of Order: 2022-09-08
Pronounced On: 2022-09-08
The case of DCIT, Central Circle, Noida vs Maconns Infra Pvt Ltd pertains to the assessment year 2014-15. The appeal was filed by the department against the order dated 01.10.2018 passed by the Commissioner of Income Tax (Appeals)-IV, Kanpur. The issue involved in the appeal was related to the tax arrears under dispute, which the respondent opted to settle under the Vivad Se Vishwas Scheme, 2020.
The Income Tax Appellate Tribunal (ITAT) Delhi Bench ‘E’ heard the case on 08.09.2022. The appellant, DCIT, Central Circle, Noida, was represented by Ms. Rakhi Vimal, CIT DR. The respondent, Maconns Infra Pvt Ltd, did not appear before the tribunal.
The Ld. Counsel for the respondent requested for the dismissal of Revenue’s appeal as withdrawn, citing the settlement of tax arrears under the Vivad Se Vishwas Scheme, 2020. A certificate under Section 5(1) of the Direct Tax Vivad Se Vishwas Act, 2020, and Form No.5 issued by the Department were placed on record as evidence of the settlement.
After reviewing the materials available on record and considering the no-objection stance of the CIT DR, the ITAT accepted the prayer of the respondent for the dismissal of the appeal as withdrawn. The tribunal acknowledged the settlement of the tax arrears under the Vivad Se Vishwas Scheme, 2020, as valid and binding.
In conclusion, the ITAT dismissed the appeal filed by the DCIT, Central Circle, Noida, against Maconns Infra Pvt Ltd for the assessment year 2014-15 due to the withdrawal under the Vivad Se Vishwas Scheme, 2020. This decision highlights the application of the Vivad Se Vishwas Scheme for settling tax disputes and the acceptance of withdrawal requests based on valid settlements under the scheme.
The appeal filed by the DCIT, Central Circle, Noida, against Maconns Infra Pvt Ltd for the assessment year 2014-15 was dismissed due to the settlement of tax arrears under the Vivad Se Vishwas Scheme, 2020. The tribunal’s decision underscores the importance of the scheme in resolving tax disputes and the procedural adherence to the withdrawal of appeals based on such settlements.
DCIT vs Maconns Infra Pvt Ltd: Appeal Withdrawn Under Vivad Se Vishwas Scheme – ITA 469/DEL/2019
Manage the increasing number of hearings effortlessly by leveraging the legal AI revolution We are India's Leading revolutionary AI-powered legal platform where you can get enough insights into top cases and judgements.
Research Platform