Case Number: ITA 1515/DEL/2019
Appellant: Verma Economic Consultancy Services Pvt. Ltd., Delhi
Respondent: DCIT, Circle-26(1), New Delhi
Assessment Year: 2013-14
Result: 2013-14
Case Filed On: 2019-02-25
Order Type: Final Tribunal Order
Date of Order: 2021-08-31
Pronounced On: 2021-08-31
Bench: Delhi Bench ‘E’, New Delhi
Members: Shri G.S. Pannu, Vice President, and Ms. Suchitra Kamble, Judicial Member
This case involves the appeal filed by Verma Economic Consultancy Services Pvt. Ltd., Delhi against the order of the Commissioner of Income-Tax (Appeals)-9, New Delhi, for the assessment year 2013-14. The primary issue was the dispute over tax arrears, which the appellant sought to settle under the Vivad Se Vishwas Scheme, 2020.
Verma Economic Consultancy Services Pvt. Ltd. filed an appeal against the assessment order for the year 2013-14, challenging the tax arrears determined by the Deputy Commissioner of Income Tax (DCIT), Circle-26(1), New Delhi. The case was brought before the Income Tax Appellate Tribunal (ITAT) for resolution.
The appellant, represented by Sh. Suresh K. Gupta, CA, and the respondent, represented by Sh. M. Baranwal, Sr. DR, participated in the virtual hearing conducted by the ITAT on 31/08/2021.
The appellant challenged the order on several grounds, including the following:
During the hearing on 31/08/2021, the appellant’s counsel, Sh. Suresh K. Gupta, submitted a letter dated 12/08/2021, requesting the withdrawal of the appeal. The letter, received via email, stated that the appellant opted to settle the tax arrears 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, raised no objection to the appellant’s request for withdrawal. Considering the submissions and the certificate filed, the Tribunal accepted the appellant’s request.
The Tribunal noted that the appellant had opted to settle the dispute under the Vivad Se Vishwas Scheme, 2020, which provides a mechanism for taxpayers to resolve tax disputes by paying a specified amount. Given this context, the Tribunal permitted the withdrawal of the appeal.
In view of the above findings, the Tribunal ordered the dismissal of the appeal as withdrawn, based on the appellant’s request and the lack of objection from the Senior DR.
In conclusion, the appeal of Verma Economic Consultancy Services Pvt. Ltd. was dismissed as withdrawn under the Vivad Se Vishwas Scheme, 2020. This resolution highlights the effectiveness of the scheme in providing a platform for taxpayers to settle disputes amicably.
Decision: Appeal dismissed as withdrawn.
Signed by: G.S. Pannu, Vice President, and Suchitra Kamble, Judicial Member
Date: 31/08/2021
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