Appeal filed against order passed under section 263 of the Income Tax Act, 1961

Last updated: 14 August 2021

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This case involves an appeal filed by an assessee against an order passed under Section 263 of the Income Tax Act, 1961. During the hearing, the assessee informed the Tribunal that they had opted for the Vivad-se-Vishwas Scheme 2020 and requested permission to withdraw the appeal. The respondent did not object, and the Tribunal subsequently dismissed the appeal as withdrawn.

Court :
ITAT Chennai

Brief :
This appeal filed by the assessee is directed against the order of the ld. Principal Commissioner of Income Tax, Chennai, dated 18.03.2019 relevant to the assessment year 2011-12 passed under section 263 of the Income Tax Act, 1961 [“Act” in short].

Citation :
I.T.A. No.22/Chny/2020

IN THE INCOME-TAX APPELLATE TRIBUNAL ‘A’ BENCH, CHENNAI

Before Shri V. Durga Rao, Judicial Member &
Shri G. Manjunatha, Accountant Member

I.T.A. No.22/Chny/2020

Assessment Year: 2011-12

Mr. Aravinthan R.
(wrongly mentioned as Aravind R.)
No. 29-30, Block 2, 3rd Floor, 39/8,
Swathi Tejas Apartments, Mount
Poonamalle Road, Nandambakkam,
Chennai 600 089.

[PAN: ACKPA9096N]

Appellan

The Income Tax Officer,
Non Corporate Ward 8(3),
No. 121, M.G. Road,
Chennai 600 034

Appellant by : Shri V.S. Jayakumar, Advocate

Respondent by : Shri S. Bharath, CIT

Date of hearing : 28.07.2021

Date of Pronouncement : 28.07.2021

O R D E R

This appeal filed by the assessee is directed against the order of the ld. Principal Commissioner of Income Tax, Chennai, dated 18.03.2019 relevant to the assessment year 2011-12 passed under section 263 of the Income Tax Act, 1961 [“Act” in short].

2. When the appeal was taken up for hearing, the learned Counsel for the assessee has submitted that the assessee has opted to avail the Vivadse- Vishwas Scheme 2020 and Form No.3 was also issued. He has submitted that the assessee may be permitted to withdraw the appeal. On the other hand the ld. DR has not raised any objection to the submissions of the assessee.

3. It is open to the assessee to approach the Tribunal by filing an appropriate application in the event of any injustice caused to the assessee in respect of the settlement of dispute relating to the Vivad-se-Vishwas Scheme 2020.

4. In the result, the appeal of the assessee is dismissed as withdrawn.
Order pronounced on the 28th July, 2021 at Chennai.

Please find attached the enclosed file for the full judgement

FAQ :

The appeal was filed against an order passed under Section 263 of the Income Tax Act, 1961, by the Principal Commissioner of Income Tax.

The assessee had opted to avail the Vivad-se-Vishwas Scheme 2020 and consequently requested to withdraw the appeal.

The Income-Tax Appellate Tribunal dismissed the appeal as withdrawn.

The Vivad-se-Vishwas Scheme 2020 is a scheme that the assessee opted to use for settling tax disputes, which led to the withdrawal of their appeal.

Attached File : 1442821_4172_1627879311_ita_22.pdf

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Poojitha Raam Vinay

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I simplify complex income tax, TDS, banking, and investment updates into practical insights for taxpayers, salaried professionals, pensioners, and senior citizens. I regularly write on ITR filing, tax compliance, savings schemes, and the latest financial rule changes in India.

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