DCM shriram Ltd wishes to settle the dispute through Vivad Se Vishwas Scheme.


Quick Summary
DCM Shriram Limited has successfully withdrawn its appeal concerning the 2012-13 assessment year. The company chose to settle the tax dispute through the Vivad Se Vishwas Scheme. The Income Tax Appellate Tribunal accepted the withdrawal request, noting that a certificate under the scheme had been provided.

Court :
ITAT New Delhi

Brief :
This appeal by the assessee for the assessment year 2012-13 is directed against the order of learned CIT(A)-34, New Delhi dated 14.02.2019

Citation :
ITA No.3015/Del/2019

IN THE INCOME TAX APPELLATE TRIBUNAL IN THE INCOME TAX APPELLATE TRIBUNAL
DELHIBENCH‘C’ : NEW DELHI : NEW DELHI : NEW DELHI
(Through Video Conferencing) (Through Video Conferencing)


BEFORE SHRI G.S. PANNU, BEFORE SHRI G.S. PANNU,VICE PRESIDENT AND VICE PRESIDENT AND VICE PRESIDENT AND
SHRI K.N. CHARY K.N. CHARY, JUDICIAL MEMBER , JUDICIAL MEMBER

ITA No.3015/Del/2019
Assessment Year : 2012-13

DCM Shriram Limited,
1st
Floor,Kanchenjunga Kanchenjunga
Building, 18, Barakhamba
Road,
New Delhi- New Delhi-110001
PAN : AAACD0097R PAN : AAACD0097R AAACD0097R.
 (Appellant) 

Vs.

 Dy. Commissioner of Income Tax,
Circle- Circle-7(1),
C.R. Building, I.P. Estate, C.R. Building, I.P. Estate,
New Delhi- New Delhi-110002

(Respondent)

Appellant by : Shri Anunav Kumar, Adv.
Respondent by : Shri Gaurav Dudeja, Senior DR.

Date of hearing : 29.12.2020
Date of pronouncement : 29.12.2020

ORDER

PER G.S. PANNU, PER G.S. PANNU, VP:
 
This appeal by the assessee for the assessment year 2012-13 is directed against the order of learned CIT(A)-34, New Delhi dated 14.02.2019

2. The learned counsel for the assessee, vide email dated 24.12.2020 has requested for withdrawal of the appeal filed by the assessee and stated that the assessee has opted to settle the disputerelating to the tax arrears for the assessment year under considerationunder the Vivad Se Vishwas Scheme, 2020. A certificate to this effectunder Section 5(1) of The Direct Tax Vivad Se Vishwas Act, 2020 has also been filed. 

3. Learned Senior DR has no objection.

4. In view of the above, we accept the request of the assessee for withdrawal of the appeal.

5. In the result, the appeal of the assessee is dismissed as withdrawn.

Above decision was announced in the presence of both the sides on conclusion of Virtual Hearing on 29th December, 2020.

 Sd/-                                          Sd/-
(K.N. CHARY)                          (G.S. PANNU)
JUDICIAL MEMBER                VICE PRESIDENT


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

Assistant Registrar 
 

FAQ :

DCM Shriram Limited withdrew its appeal because it opted to settle the tax dispute for the assessment year 2012-13 under the Vivad Se Vishwas Scheme.

The Vivad Se Vishwas Scheme is a government initiative allowing taxpayers to settle tax arrears and disputes.

The assessment year in question was 2012-13.

The Income Tax Appellate Tribunal, Delhi Bench, heard the case.

The appeal was dismissed as withdrawn by the Income Tax Appellate Tribunal.

 

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Published in Income Tax
Views : 128

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