Appeal of assessee stands disposed off subject to issue of Form No. 3.

Last updated: 11 January 2021

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The Income Tax Appellate Tribunal has disposed of an appeal filed by Midas Fertchem Impex Pvt. Ltd. for the assessment year 2014-15. The assessee had opted for the Vivaad se Vishwas Scheme to settle tax disputes. The appeal was dismissed as withdrawn, contingent upon the successful issuance of Form No. 3 to the assessee.

Court :
ITAT New Delhi

Brief :
This appeal by assessee has been directed against the order of Ld. CIT(Appeals)-6, New Delhi dated 03.07.2019 for AY 2014-15.

Citation :
I.T.A No.7097/Del/2019

IN THE INCOME TAX APPELLATE TRIBUNAL
DELHI BENCH “SMC-2” NEW DELHI

BEFORE SHRI BHAVNESH SAINI, JUDICIAL MEMBER
AND SHRI O.P. KANT, ACCOUNTANT MEMBER
I.T.A No.7097/Del/2019
Assessment Year:2014-15

Midas Fertchem Impex Pvt.
Ltd.
C-14A, GF, Panchsheel Vihar,
Malviya Nagar, New Delhi.
PAN No. AAHCM9234G
Appellant

Vs.

ITO
Ward 16(4)
New Delhi.
Respondent
Assessee by Shri Sunil Jain, CA

Revenue by Shri Sri Prakash Dubey, Sr. DR

Date of hearing: 24.12.2020
Pronouncement on 05.01.2021

O R D E R

PER BHAVNESH SAINI, J.M.

This appeal by assessee has been directed against the order of Ld. CIT(Appeals)-6, New Delhi dated 03.07.2019 for AY 2014-15.

2. We have heard Ld. Representatives of both the parties through Video Conferencing.

3. Ld. Counsel for assessee submitted that assessee has filed declaration in Form No. 1 & 2 before Income Tax Department and optedfor Vivaad se Vishwas Scheme to settle the tax dispute. He has,therefore, submitted that appeal of the assessee may be dismissed aswithdrawn subject to issue of Form No. 3 in favour of the assessee.

4. In view of the above, appeal of assessee stands disposed off in terms of the above, subject to issue of Form No. 3 in favour of the assessee.

5. In the result, the appeal of assessee stands disposed off.

Order pronounced in the open court.

Sd/- Sd/-
(O.P. KANT) (BHAVNESH SAINI)
ACCOUNTANT MEMBER JUDICIAL MEMBER

Dated: 05.01.2021
*Kavita Arora, Sr. P.S.

Copy of order sent to- Assessee/AO/Pr. CIT/ CIT (A)/ ITAT (DR)/Guard
file of ITAT.

By order
Assistant Registrar, ITAT: Delhi Benches-Delhi