Penalty ought to be waived off in the appeal under Vivaad se Vishwas Scheme.

Quick Summary
The Income Tax Appellate Tribunal Delhi Bench has dismissed an appeal filed by M/s. BSS Buildcon Pvt. Ltd. as withdrawn. The assessee had applied for the Vivad Se Vishwas Scheme, 2020, to settle a tax dispute related to the assessment year 2013-14. Having filed the necessary forms under the scheme, the assessee requested the withdrawal of the current appeal, which was consented to by the Department.

Court :
ITAT New Delhi

Brief :
This appeal is filed by the assessee against the order of the ld. Commissioner of Income Tax (Appeals)-13, New Delhi, dated 17.08.2018 under Section 271(1)(c) of the Income Tax Act, 1961 (the Act) for the Assessment Year 2013-14.

Citation :
ITA No. 4831/Del/2019

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Published in Income Tax
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