Pecos Exim Pvt Ltd, New Delhi ITO ward 19(3), New Delhi

Last updated: 22 December 2020

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M/s Pecos Exim Pvt. Ltd. has withdrawn its appeal concerning the 2011-12 assessment year. The company has chosen to settle its tax arrears under the Vivad Se Vishwas Scheme, 2020. A certificate confirming this settlement has been provided to the Income Tax Appellate Tribunal.

Court :
ITAT New Delhi

Brief :
This appeal by the assessee for the assessment year 2011-12 is directed against the order of learned CIT(A)-7, New Delhi dated 24th May, 2019.

Citation :
ITA No.6100/Del/2019

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

BEFORE SHRI G.S. PANNU, VICE PRESIDENT AND
SHRI AMIT SHUKLA, JUDICIAL MEMBER

ITA No.6100/Del/2019
Assessment Year : 2011-12

M/s Pecos Exim Pvt.Ltd.,
C/o Shri Kapil Goel, Advocate
F-26/124, Sector-7,
Rohini,
Delhi – 110 085.
PAN : AAECP1692A.
(Appellant)

Vs.

Income Tax Officer,
Ward-19(3),
New Delhi.
(Respondent)

Appellant by : None.
Respondent by : Shri Shriprakash Dubey, Senior DR.

Date of hearing : 10.12.2020
Date of pronouncement : 10.12.2020

ORDER

PER G.S. PANNU, VP :

This appeal by the assessee for the assessment year 2011-12 is directed against the order of learned CIT(A)-7, New Delhi dated 24th May, 2019.

2. Nobody appeared on behalf of the assessee at the time of Virtual Hearing before us. The learned counsel for the assessee, vide email dated 7th December, 2020 has requested for withdrawal of the appeal filed by the assessee and stated that the assessee has opted to settlethe 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.

To know more in details find the attachment file

FAQ :

The case involves an appeal filed by M/s Pecos Exim Pvt. Ltd. against an order from the Income Tax Officer, Ward-19(3), New Delhi, for the assessment year 2011-12.

The assessee, M/s Pecos Exim Pvt. Ltd., requested the withdrawal of the appeal because they have opted to settle the tax arrears under the Vivad Se Vishwas Scheme, 2020.

The Vivad Se Vishwas Scheme, 2020, is a scheme under which taxpayers can settle disputes relating to tax arrears.

Yes, a certificate under Section 5(1) of The Direct Tax Vivad Se Vishwas Act, 2020, confirming the settlement, was filed with the tribunal.