Caprihan Auto Pvt. Ltd - Appeal treated as withdrawn subject to liberty to the assessee to file application for recall of this order


Quick Summary
The Income Tax Appellate Tribunal has treated the appeal filed by Caprihan Auto Pvt. Ltd. as withdrawn. This decision was made after the assessee indicated they had filed under the Vivad Se Vishwas Scheme to settle their tax dispute. The appeal is dismissed, but the assessee retains the liberty to apply for a recall of this order if the dispute settlement under the scheme is unsuccessful.

Court :
ITAT New Delhi

Brief :
This appeal is filed by the assessee against the order of the ld. CIT (Appeals)-2, New Delhi dated 31.08.2018 for the Assessment Year 2015-16.

Citation :
ITA No. 7778/Del/2018

INCOME TAX APPELLATE TRIBUNAL
DELHI BENCH “SMC-1”: NEW DELHI

BEFORE SHR BHAVNESH SAINI, JUDICIAL MEMBER
AND
SHRI PRASHANT MAHARISHI, ACCOUNTANT MEMBER
(Through Video Conferencing)

ITA No. 7778/Del/2018
 (Assessment Year: 2015-16)

M/s. Caprihan Auto Pvt. Ltd.,
M–112, Greater Kailash–II,
New Delhi – 110 048.
PAN: AADCC0092J
(Appellant) 

Vs.

ITO,
Ward-5 (3),
New Delhi
(Respondent)

Assessee by : N O N E;
Department by : Shri Rajesh Kumar, Sr. DR;
Date of Hearing 03/02/2021
Date of pronouncement 03/02/2021

O R D E R

PER PRASHANT MAHARISHI, A. M.

1. This appeal is filed by the assessee against the order of the ld. CIT (Appeals)-2, New Delhi dated 31.08.2018 for the Assessment Year 2015-16.

2. At the time of hearing the assessee submitted a letter dated 21.01.2021 wherein it is stated that assessee has filed Form No. 1 and 2 under Vivad Se Vishwas Scheme, 2020 to settle the tax dispute. It was stated that Form No. 3 has not yet been received.

3. In view of the above facts and after the consent of the ld DR the above appeal is treated as withdrawn and hence, dismissed subject to liberty to the assessee to file application for recall of this order, in case the assessee fails to get the dispute involved in this appeal settled under that scheme.

4. In view of the above facts the appeal of the assessee is dismissed as withdrawn. 

Order pronounced in the open court on 03/02/2021.
 
Sd/-                                                  Sd/-
(BHAVNESH SAINI)                        (PRASHANT MAHARISHI)
JUDICIAL MEMBER                        ACCOUNTANT MEMBER

 Dated : 03/02/2021.
*MEHTA*

Copy forwarded to
1. Appellant
2. Respondent
3. CIT
4. CIT (A)
5. DR: ITAT

ASSISTANT REGISTRAR
 ITAT, New Delhi

 
Date of dictation 3.02.2021
Date on which the typed draft is placed before the dictating member : 3.02.2021
Date on which the typed draft is placed before the other member : 3.02.2021
Date on which the approved draft comes to the Sr. PS/PS : 3.02.2021
Date on which the fair order is placed before the dictating member for pronouncement : 3.02.2021
Date on which the fair order comes back to the Sr. PS/PS : 3.02.2021
Date on which the final order is uploaded on the website of ITAT : 3.02.2021
date on which the file goes to the Bench Clerk : 3.02.2021
Date on which the file goes to the Head Clerk
The date on which the file goes to the Assistant
Registrar for signature on the order
Date of dispatch of the order 

FAQ :

The appeal was treated as withdrawn because the assessee, Caprihan Auto Pvt. Ltd., filed an application under the Vivad Se Vishwas Scheme, 2020, to settle their tax dispute.

The Vivad Se Vishwas Scheme is a government initiative aimed at settling tax disputes.

If the assessee fails to get the dispute settled under the scheme, they have the liberty to file an application for the recall of this order.

Not yet. The assessee has filed Forms 1 and 2 under the Vivad Se Vishwas Scheme, but Form 3 has not yet been received, indicating the settlement process is ongoing.

 

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Published in Income Tax
Views : 96

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