Rajendra Prasad Bansal vs ACIT: Appeal Withdrawn Under Vivad Se Vishwas Scheme – ITA 6579/DEL/2019

Case Overview: Rajendra Prasad Bansal vs ACIT (ITA 6579/DEL/2019)

The case in question involves the appellant, Rajendra Prasad Bansal, a resident of Delhi, and the respondent, Assistant Commissioner of Income Tax (ACIT), Circle-47(1), New Delhi. The appeal was filed by Rajendra Prasad Bansal concerning the assessment year 2009-10, and it was heard by the Income Tax Appellate Tribunal (ITAT) Delhi ‘A’ Bench via video conferencing. The bench comprised Shri G.S. Pannu, Vice President, and Shri K.N. Chary, Judicial Member. The final order was pronounced on March 12, 2021.

Case Background

Rajendra Prasad Bansal had filed an appeal against the order of the learned Commissioner of Income Tax (Appeals)-16, New Delhi, dated June 17, 2019. The appeal was filed on August 7, 2019, and concerned the assessment year 2009-10. The primary issue in the appeal was the assessment made by the ACIT, Circle-47(1), New Delhi, which was contested by the appellant.

Withdrawal of Appeal Under Vivad Se Vishwas Scheme, 2020

During the virtual hearing on March 12, 2021, none appeared on behalf of the appellant, Rajendra Prasad Bansal. The appellant’s counsel, through a letter dated February 27, 2021, requested the withdrawal of the appeal. The reason for this withdrawal was that the appellant had opted to settle the tax dispute under the Vivad Se Vishwas Scheme, 2020. A certificate under Section 5(1) of The Direct Tax Vivad Se Vishwas Act, 2020, was submitted as evidence of the settlement.

Tribunal’s Decision

The learned Senior Departmental Representative (DR), Sh. M. Barnwal, raised no objections to the withdrawal request. Considering the circumstances and the submission of the Vivad Se Vishwas Scheme certificate, the ITAT accepted the withdrawal request. Consequently, the appeals filed by Rajendra Prasad Bansal were dismissed as withdrawn.

Conclusion

The case of Rajendra Prasad Bansal vs ACIT, Circle-47(1), New Delhi (ITA 6579/DEL/2019) for the assessment year 2009-10 concluded with the withdrawal of the appeal by the appellant under the Vivad Se Vishwas Scheme, 2020. The ITAT Delhi ‘A’ Bench accepted the withdrawal, and the case was dismissed accordingly.

This case highlights the effectiveness of the Vivad Se Vishwas Scheme, 2020, in resolving tax disputes amicably. Taxpayers who have ongoing disputes may consider this scheme as a viable option to settle their cases and avoid prolonged litigation.

Rajendra Prasad Bansal vs ACIT: Appeal Withdrawn Under Vivad Se Vishwas Scheme – ITA 6579/DEL/2019