Appeal filed by M/s. Sri Aravind Chhadva is dismissed considering the option availed by it under VSV Act


Quick Summary
The Income Tax Appellate Tribunal dismissed the appeal filed by Sri Aravind Chhadva for the assessment year 2014-15. The taxpayer had opted to settle the dispute under the Direct Taxes Vivad Se Vishwas Act, 2020, and had filed the necessary forms. As the issues were resolved under the scheme, the appeal was withdrawn and subsequently dismissed by the tribunal.

Court :
ITAT Bangalore

Brief :
The assessee has filed this appeal challenging the order dated28.02.2018 passed by Ld CIT(A)-5, Bengaluru and it relates to theassessment year 2014-15.

Citation :
ITA No.1393/Bang/2018

IN THE INCOME TAX APPELLATE TRIBUNAL
“B’’ BENCH: BANGALORE

BEFORE SHRI GEORGE GEORGE K., JUDICIAL MEMBER
AND
SHRI B.R. BASKARAN, ACCOUNTANT MEMBER

ITA No.1393/Bang/2018
Assessment Year: 2014-15

Sri Aravind Chhadva
#73, Kalasipalyam Main Road
Bengaluru- 560002
PAN NO : AASPC6965C
APPELLANT 

Vs.

ITO Ward 5(2)(1)
Bengaluru
RESPONDENT

Appellant by : N O N E
Respondent by : Shri Priyadarshi Mishra, D.R.
Date of Hearing : 31.12.2020
Date of Pronouncement : 31.12.2020

O R D E R

PER B.R. BASKARAN, ACCOUNTANT MEMBER:

The assessee has filed this appeal challenging the order dated28.02.2018 passed by Ld CIT(A)-5, Bengaluru and it relates to theassessment year 2014-15.

2. None appeared on behalf of the assessee. However, the has filed a letter stating that he has opted to settle the dispute in his appealunder Direct Taxes Vivad Se Vishwas Act, 2020. It is further statedthat the assessee has filed Form No.1 & 2 for the appeal filed by theassessee and it has also received Form No.3. Accordingly it issubmitted that appeal of the assessee may be dismissed as withdrawn.

3. We heard Ld D.R, who did not object to the prayer of the assessee. Since the issues contested in the appeal of the assessee have beensettled under the Direct Taxes Vivad Se Vishwas Act, 2010, we dismiss the appeal of the assessee as withdrawn. However, we give liberty to the assessee to seek recall of this order in accordance with law, if the circumstances so warrant.

4. In the result, the appeal of the assessee is dismissed.

Order pronounced in the open court on 31st Dec, 2020

Sd/-                                                          Sd/-
(George George K.)                               (B.R. Baskaran)
Judicial Member                                    Accountant Member

Bangalore,
Dated 31st Dec, 2020.
VG/SPS
Copy to:
1. The Applicant
2. The Respondent
3. The CIT
4. The CIT(A)
5. The DR, ITAT, Bangalore.
6. Guard file

By order
Asst. Registrar, ITAT, Bangalore.
 

FAQ :

The appeal was dismissed because the taxpayer opted to settle the dispute under the Direct Taxes Vivad Se Vishwas Act, 2020.

It is an act that provides a scheme for the resolution of tax disputes.

This judgement relates to the assessment year 2014-15.

No, no one appeared on behalf of the assessee (taxpayer).

Yes, the taxpayer has been given liberty to seek recall of this order in accordance with the law if circumstances warrant it.

 

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