Innovatione (India), New Delhi Addi. CIT Range-02, New Delhi


Quick Summary
M/s Innovatione (India) filed an appeal against an order from the Commissioner of Income Tax(A)-20 for the assessment year 2016-17. However, the company requested to withdraw the appeal as they had chosen to settle the tax dispute under the Vivad Se Vishwas Scheme, 2020. The Income Tax Appellate Tribunal accepted the withdrawal request, and the appeal was dismissed.

Court :
ITAT New Delhi

Brief :
This appeal by the assessee is directed against the order of learned Commissioner of Income Tax(A)-20, New Delhi dated 31.10.2019 and pertains to assessment year 2016-17.

Citation :
ITA No. 9299/Del/2019

IN THE INCOME TAX APPELLATE TRIBUNAL
DELHI BENCH ‘F’ NEW DELHI
(Through Video Conferencing)

BEFORE SHRI G.S. PANNU, VICE PRESIDENT
AND
SHRI SUDHANSHU SRIVASTAVA, JUDICIAL MEMBER

ITA No. 9299/Del/2019
Assessment year 2016-17

M/s Innovatione (India)
C/o M.K. Bhatt & Co., CAs
302, Triveni Complex, E-10/12,
Jawahar Park, Laxmi Nagar,
Delhi-110092
(PAN: AACFI0721N)
(Appellant) 

vs

Addl. CIT,
Range - 02,
New Delhi.
(Respondent)

Appellant by: None
Respondent by: Shri M. Barnwal, Sr. DR
Date of hearing : 24.12.2020
Date of pronouncement : 24.12.2020

ORDER

PER G.S. PANNU, VICE PRESIDENT

This appeal by the assessee is directed against the order of learned Commissioner of Income Tax(A)-20, New Delhi dated 31.10.2019 and pertains to assessment year 2016-17.

2. The learned counsel for the assessee, vide letter dated 15.12.2020, has requested for withdrawal of the appeal filed by the assessee and stated that the assessee has opted to settle the dispute relating to the tax arrears for the assessment year under consideration under the Vivad Se Vishwas Scheme, 2020. A certificate to this effect under 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 In the result, the appeal of the assessee is dismissed as withdrawn.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 on conclusion of Virtual Hearing on 24th December, 2020.

Sd/-                                                                     Sd/-
(SUDHANSHU SRIVASTAVA)                          ( G.S. PANNU )
JUDICIAL MEMBER                                          VICE PRESIDENT

‘GS’

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

By Order
Assistant Registrar
 

FAQ :

The case involved an appeal filed by M/s Innovatione (India) against an order concerning the assessment year 2016-17.

Innovatione (India) requested to withdraw the appeal because they had opted to settle the tax dispute under the Vivad Se Vishwas Scheme, 2020.

The Vivad Se Vishwas Scheme is a scheme introduced to settle disputes related to tax arrears.

The Income Tax Appellate Tribunal accepted the withdrawal request, and the appeal was dismissed as withdrawn.

 

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Published in Income Tax
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