TANMAY GARG, 309-10, AGGARWAL MILLENNIUM TOWER-I, PITAMPURA, DELHI – 110 034 (PAN: BAQPG3747K)
Vs.
ITO, WARD 16(4), NEW DELHI
(Appellant)
(Respondent)
Appellant by: Sh. Suresh K. Gupta, CA
Respondent by: Sh. M. Baranwal, Sr. DR.
Date of hearing: 25.03.2021
Date of pronouncement: 25.03.2021
PER G.S. PANNU, VP:
This appeal by the assessee for the assessment year 2015-16 is directed against the order of learned CIT(A)-37, New Delhi.
The Assessee’s A.R. vide his email dated 16.03.2021 has requested for withdrawal of the appeal filed by the assessee and stated that the assessee has opted to settle the dispute relating to the tax arrears for the assessment year under consideration under the Vivad Se Vishwas Scheme, 2020. A certificate to this effect under Section 5(1) of The Direct Tax Vivad Se Vishwas Act, 2020 has also been filed.
Learned Senior DR has no objection.
In view of the above, we accept the request of the assessee for withdrawal of the aforesaid appeal.
In the result, the appeal of the assessee is dismissed as withdrawn.
Above decision was pronounced in the presence of both the parties on conclusion of Virtual Hearing on 25th March, 2021.
Sd/-
(SUDHANSHU SRIVASTAVA)
JUDICIAL MEMBER
Sd/-
(G.S. PANNU)
VICE PRESIDENT
SRB
Copy forwarded to:
Assistant Registrar
The case of Tanmay Garg, Delhi vs ITO Ward 16(4), New Delhi (ITA 4871/DEL/2019) pertains to the assessment year 2015-16. The appeal was filed on 28th May 2019, challenging the order of CIT(A)-37, New Delhi. The appellant, Tanmay Garg, represented by Sh. Suresh K. Gupta, CA, sought relief against the tax assessment carried out by the ITO, Ward 16(4), New Delhi.
The primary contention of the appellant was the disagreement over the tax arrears assessed by the ITO for the assessment year 2015-16. The appellant decided to resolve the dispute through the Vivad Se Vishwas Scheme, 2020, a government initiative to settle pending tax disputes. This decision was conveyed through an email dated 16th March 2021, where the appellant’s representative requested the withdrawal of the appeal.
The tribunal, comprising Vice President G.S. Pannu and Judicial Member Sudhanshu Srivastava, considered the request during a virtual hearing on 25th March 2021. The respondent, represented by Sh. M. Baranwal, Senior DR, raised no objections to the withdrawal request.
Subsequently, the tribunal accepted the appellant’s request for withdrawal and dismissed the appeal as withdrawn. The order was pronounced in the presence of both parties on the same day.
This case highlights the effectiveness of the Vivad Se Vishwas Scheme in providing an alternative dispute resolution mechanism for taxpayers. By opting for this scheme, Tanmay Garg could settle the tax arrears amicably, avoiding prolonged litigation. The scheme aims to reduce the litigation burden on both taxpayers and the judiciary by offering a simplified settlement process.
In conclusion, the tribunal’s order in ITA 4871/DEL/2019 marks the successful resolution of the tax dispute for AY 2015-16 under the Vivad Se Vishwas Scheme. The dismissal of the appeal signifies the appellant’s acceptance of the scheme’s provisions and the resolution of the tax arrears dispute.
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