Case Number: ITA 1505/DEL/2019
Appellant: Steel Forge India, Ghaziabad
Respondent: ITO Ward-2(3), Ghaziabad
Assessment Year: 2013-14
Result: 2013-14
Case Filed On: 2019-02-22
Order Type: Final Tribunal Order
Date of Order: 2021-01-25
Pronounced On: 2021-01-25
Bench: Delhi Bench ‘B’, New Delhi
Members: Shri G.S. Pannu (Vice President) and Shri Sudhanshu Srivastava (Judicial Member)
This case involves the appeal filed by Steel Forge India, Ghaziabad against the order of the Commissioner of Income-Tax (Appeals), Ghaziabad, for the assessment year 2013-14. The primary issue is the dispute over tax arrears for the said assessment year.
The appellant, Steel Forge India, Ghaziabad, is engaged in the business of manufacturing and selling forged steel products. The Income Tax Officer (ITO), Ward-2(3), Ghaziabad, had raised certain tax arrears against the appellant for the assessment year 2013-14. The appellant filed an appeal against this order, which was directed to the Income Tax Appellate Tribunal (ITAT).
The appellant opted to settle the dispute relating to the tax arrears under the Vivad Se Vishwas Scheme, 2020. This scheme was introduced by the government to provide a mechanism for taxpayers to settle their pending tax disputes by paying a reduced amount of the disputed tax.
During the virtual hearing on 25/01/2021, the appellant did not appear before the Tribunal. Instead, the appellant submitted a letter through email on 19/01/2021, requesting the withdrawal of the appeals filed, stating that they had opted to settle the dispute under the Vivad Se Vishwas Scheme, 2020. A certificate under Section 5(1) of The Direct Tax Vivad Se Vishwas Act, 2020, confirming the settlement, was also submitted.
The Senior Departmental Representative (DR), Sh. M. Baranwal, had no objection to the withdrawal of the appeals.
The Tribunal, after considering the request and the certificate provided by the appellant, accepted the withdrawal request. The Tribunal noted that the appellant had chosen to settle the dispute under the Vivad Se Vishwas Scheme, 2020, and there were no objections from the respondent’s side.
In view of the above, the Tribunal accepted the appellant’s request for withdrawal of the appeals and dismissed the appeals as withdrawn.
In the result, the appeals filed by Steel Forge India, Ghaziabad, for the assessment year 2013-14 were dismissed as withdrawn. The Tribunal emphasized the acceptance of the settlement under the Vivad Se Vishwas Scheme, 2020, and the absence of any objections from the respondent.
Decision: Appeal dismissed as withdrawn.
Signed by: Shri G.S. Pannu (Vice President) and Shri Sudhanshu Srivastava (Judicial Member)
Date: 25.01.2021
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