Assistant Commissioner of Income-tax, Ichalkaranji Circle,, Ichalkaranji Niranjan Rajendra Shete,, Kolhapur

Last updated: 14 May 2021

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The Income Tax Appellate Tribunal has allowed the withdrawal of an appeal filed by the Revenue. The assessee had applied to withdraw the appeal as they had received a settlement order under the Direct Taxes Vivad Se Vishwas Act, 2020. The Tribunal noted there were no objections from the Revenue and consequently dismissed the appeal as withdrawn.

Court :
ITAT Pune

Brief :
This appeal by the Revenue is directed against the order passed by the CIT(A)-2, Kolhapur on 12-12-2017 in relation to the assessment year 2014-15.

Citation :
ITA No.419/PUN/2018

IN THE INCOME TAX APPELLATE TRIBUNAL
PUNE BENCH “A”, PUNE – VIRTUAL COURT

BEFORE SHRI R.S. SYAL, VICE PRESIDENT AND
SHRI S.S. VISWANETHRA RAVI, JUDICIAL MEMBER

ITA No.419/PUN/2018
Assessment Year : 2014-15

ACIT, Ichalkaranji
Circle, Ichalkaranji
Appellant

Vs.

Shri Niranjan Rajendra Shete
Mahaveer Nagar, A/p Hupari,
Tal – Hatkanangale,
Dist. Kolhapur – 416203
PAN: BOTPS0314D
Respondent

Assessee by None (withdrawal application)
Revenue by Shri Mahadevan A.M. Krishnan

Date of hearing 26-04-2021
Date of pronouncement 26-04-2021

ORDER

This appeal by the Revenue is directed against the order passed by the CIT(A)-2, Kolhapur on 12-12-2017 in relation to the assessment year 2014-15.

2. Before us, the assessee has filed a letter dated 02-04-2021 seeking permission to withdraw the appeal as he had received Form No.5 under „Vivad Se Vishwas Scheme‟ under The Direct Taxes Vivad Se Vishwas Act, 2020. The relevant contents of such letter, read as under :

“I have filed the declaration to Designated Authority PCIT, PUNE-1 in accordance with the provisions of the DIRECT TAX VIVAD SE VISHWAS 2020 and Form 5 i.e. ORDER FOR FULL AND FINAL SETTLEMENT OF TAX ARREAR UNDER SECTION 5(2) READ WITH SECTION 6 OF THE DIRECT TAX VIVAD SE VISHWAS ACT, 2020 (3 OF 2020), THE DIRECT TAX VIVAD SE VISHWAS RULES, 2020, has also been received, copy of which is enclosed herewith.”

3. On perusal of the above letter and having no objection from the side of ld. DR, we allow the request of assessee to withdraw the appeal.

4. In the result, the appeal is dismissed as „withdrawn‟. Order pronounced in the Open Court on 26th April, 2021.

To know more in details find the attachment file

FAQ :

The assessee requested to withdraw the appeal because they had received Form No. 5, an order for full and final settlement of tax arrears, under the Vivad Se Vishwas Scheme.

This appeal relates to the assessment year 2014-15.

The appeal was filed by the Assistant Commissioner of Income-tax (ACIT), Ichalkaranji Circle.

The Income Tax Appellate Tribunal allowed the assessee's request and dismissed the appeal as withdrawn.

The Vivad Se Vishwas Scheme is a government initiative (The Direct Taxes Vivad Se Vishwas Act, 2020) aimed at settling tax disputes and arrears.