Trilochan Publishers Pvt. Ltd. vs ITO Ward 25(4): Appeal for AY 2008-09

Trilochan Publishers Pvt. Ltd. vs ITO Ward 25(4): Appeal for AY 2008-09

Case Number: ITA 5734/DEL/2019

Appellant: Trilochan Publishers Pvt. Ltd., New Delhi

Respondent: ITO Ward 25(4), New Delhi

Assessment Year: 2008-09

Case Filed On: 2019-07-01

Order Type: Final Tribunal Order

Date of Order: 2020-10-28

Pronounced On: 2020-10-28

Background

The case involves Trilochan Publishers Pvt. Ltd. as the appellant and the Income Tax Officer (ITO), Ward 25(4), New Delhi, as the respondent. The dispute pertains to the tax arrears for the assessment year 2008-09. The appeal was filed on 2019-07-01, and the final tribunal order was pronounced on 2020-10-28.

Reason for Filing the Case

Trilochan Publishers Pvt. Ltd. filed the case to settle the tax arrears under the Vivad Se Vishwas Scheme, 2020. This scheme was introduced to resolve disputes related to tax arrears, offering taxpayers a chance to settle their outstanding taxes with certain benefits and concessions.

Tribunal Proceedings

On 28th October 2020, the tribunal, comprising Shri G.S. Pannu, Vice President, and Shri Sudhanshu Srivastava, Judicial Member, heard the case through video conferencing. The appellant was not represented by any counsel, while the respondent was represented by Shri Jagdish Singh Dahiya, Sr. DR.

Arguments Presented

The learned counsel for the appellant, through a letter dated 22nd October 2020 received via email, requested the withdrawal of the appeal. The letter stated that the appellant had opted to settle the tax arrears under the Vivad Se Vishwas Scheme, 2020.

The respondent’s representative, Shri Jagdish Singh Dahiya, Sr. DR, raised no objection to the appellant’s request for withdrawal of the appeal.

Tribunal’s Decision

The tribunal considered the arguments presented by both parties and reviewed the case records. The key points from the tribunal’s order are as follows:

Withdrawal Request

The tribunal accepted the appellant’s request for withdrawal of the appeal. It was noted that the appellant had opted to settle the dispute under the Vivad Se Vishwas Scheme, 2020.

Conclusion

The tribunal dismissed the appeal as withdrawn. The decision was announced on the conclusion of the virtual hearing held on 28th October 2020.

Conclusion

The tribunal upheld the appellant’s request to withdraw the appeal, thereby concluding the proceedings. The appeal of the assessee was dismissed as withdrawn.

Order pronounced on: 28/10/2020

Signatories:

Sudhanshu Srivastava, Judicial Member

G.S. Pannu, Vice President

Dated: 28/10/2020

Copy forwarded to:

• Appellant
• Respondent
• CIT
• CIT(A)
• DR, ITAT

By Order

Assistant Registrar, ITAT, New Delhi

Trilochan Publishers Pvt. Ltd. vs ITO Ward 25(4): Appeal for AY 2008-09