A.V.Tradelink Pvt. Ltd., Kolkata I.T.O.,Ward-8(1), Kolkata

Last updated: 11 May 2021

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The Income Tax Appellate Tribunal in Kolkata accepted an application from A.V. Tradelink Pvt. Ltd. to withdraw their appeal. The company had availed the benefits of the Vivad Se Vishwas Act, 2020, and received a certificate from the designated authority. Consequently, the tribunal dismissed the appeal as withdrawn.

Court :
ITAT Kolkata

Brief :
The assessee seeks permission of this Bench to withdraw its appeal in ITA No. 575/Kol/2019 as it has availed the scheme under “Vivad Se Vishwas Act, 2020” vide its application dated 07.04.2021. The assessee states that it has been granted certificate by the designated authority in Form No. 3 under the provisions of “Vivad Se Vishwas Act, 2020”.

Citation :
I.T.A. No. 575/Kol/2019

IN THE INCOME TAX APPELLATE TRIBUNAL
KOLKATA ‘A’ BENCH, KOLKATA
(Virtual Court)

(Before Sri J. Sudhakar Reddy, Accountant Member & Sri Aby.T. Varkey, Judicial Member)

I.T.A. No. 575/Kol/2019
Assessment Year: 2012-13

A.V. Tradelink Pvt. Ltd……...................Appellant
[PAN: AAHCA 1252 G]

Vs.

ITO, Ward-8(1), Kolkata….....................Respondent

Appearances by:

None appeared on behalf of the assessee.
Shri Jayanta Khanra, JCIT, appeared on behalf of the Revenue.

Date of concluding the hearing : April 16, 2021
Date of pronouncing the order : April 21, 2021

ORDER

Per Bench:

The assessee seeks permission of this Bench to withdraw its appeal in ITA No. 575/Kol/2019 as it has availed the scheme under “Vivad Se Vishwas Act, 2020” vide its application dated 07.04.2021. The assessee states that it has been granted certificate by the designated authority in Form No. 3 under the provisions of “Vivad Se Vishwas Act, 2020”.

2. We accept this application of assessee and dismiss this appeal as withdrawn. Kolkata, the 21st April, 2021.

Sd/- Sd/-
[Aby.T. Varkey] [J. Sudhakar Reddy]
Judicial Member Accountant Member
Dated: 21.04.2021
SB, Sr. PS

Copy of the order forwarded to:
1. A.V. Tradelink Pvt. Ltd., C/O Sushil Kumar Rungta, Advocate, 127, Netaji Subhas
Road, 2nd Floor, Room No. 2, Kolkata-700001
2. ITO, Ward- 8(1), Kolkata
3. CIT(A)- 3, Kolkata. (sent through mail)
4. CIT5. CIT(DR), Kolkata Benches, Kolkata. (sent through mail)

True copy
By order
Assistant Registrar
ITAT, Kolkata Benches

FAQ :

A.V. Tradelink Pvt. Ltd. withdrew their appeal because they had opted for the scheme under the Vivad Se Vishwas Act, 2020.

The Vivad Se Vishwas Act, 2020 is a scheme that allows taxpayers to settle disputes and withdraw appeals.

Yes, A.V. Tradelink Pvt. Ltd. stated that they had been granted a certificate by the designated authority in Form No. 3 under the Vivad Se Vishwas Act, 2020.

The Income Tax Appellate Tribunal accepted the assessee's application and dismissed the appeal as withdrawn.