Sonesh Dedhia has preferred to settle the pending disputes under direct tax “Vivad Se Viswas Scheme 2020”

Last updated: 22 January 2021

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The Income Tax Appellate Tribunal has dismissed the appeal filed by Sonesh Dedhia. This decision was made after the assessee indicated their intention to settle pending direct tax disputes under the Vivad Se Vishwas Scheme 2020. The dismissal is without prejudice, allowing the assessee to seek a recall of the appeal if the scheme declaration is not filed or accepted.

Court :
ITAT Mumbai

Brief :
At the time of hearing of captioned appeal, none appeared forassessee. However, vide assessee’s counsel letter as placed on record, it transpires that the assessee is opting to settle the disputeunder Direct Tax Vivad Se Vishwas Scheme (VVS Scheme), 2020.Accordingly, the bench deems it fit to dismiss the appeal with a liberty to assessee to seek recall of the appeal in case the requisitedeclaration under the scheme is not filed or in case the declaration under the scheme is not accepted, for whatever reasons.

Citation :
I.T.A. No.2069/Mum/2018

IN THE INCOME TAX APPELLATE TRIBUNAL
“G” BENCH, MUMBAI

BEFORE HON’BLE SHRI MAHAVIR SINGH, VP AND
HON’BLE SHRI MANOJ KUMAR AGGARWAL, AM
(Hearing through Video Conferencing Mode)

I.T.A. No.2069/Mum/2018
Assessment Year: 2008-09)

Sonesh Dedhia
H/901, 9th Floor, Kukreja Palace
Ghatkopar (E), Mumbai-400 077.
PAN/GIR No. AAAPD-4908-L
Appellant)

Vs.

ITO-22(2)(3)
TowerNo.6, Vashi
Navi Mumbai -400703
Respondent)

Assessee by : None
Revenue by : Shri T.S. Khalsa- Ld. Sr.DR

Date of Hearing : 13/01/2021
Date of Pronouncement : 13/01/2021

O R D E R

Manoj Kumar Aggarwal (Accountant Member)

1. At the time of hearing of captioned appeal, none appeared forassessee. However, vide assessee’s counsel letter as placed on record, it transpires that the assessee is opting to settle the disputeunder Direct Tax Vivad Se Vishwas Scheme (VVS Scheme), 2020.Accordingly, the bench deems it fit to dismiss the appeal with a liberty to assessee to seek recall of the appeal in case the requisitedeclaration under the scheme is not filed or in case the declaration under the scheme is not accepted, for whatever reasons.

2. The appeal stands dismissed in terms of our above order.

Order pronounced on 13th January, 2021.

Sd/- Sd/-
(Mahavir Singh) (Manoj Kumar Aggarwal)
Vice President Accountant Member

Mumbai; Dated : 13/01/2021
Sr.PS, Jaisy Varghese

Copy of the Order forwarded to :
2. The Appellant
2.The Respondent
3.The CIT(A)
4.CIT– concerned
5.DR, ITAT, Mumbai
6.Guard File

BY ORDER,
(Dy./Asstt.Registrar)
ITAT, Mumbai.

FAQ :

The Vivad Se Vishwas Scheme 2020 is a direct tax dispute resolution scheme introduced to settle pending tax disputes.

Sonesh Dedhia's appeal was dismissed because they opted to settle their pending direct tax dispute under the Vivad Se Vishwas Scheme 2020.

Yes, the assessee has the liberty to seek a recall of the appeal if the declaration under the Vivad Se Vishwas Scheme is not filed or is not accepted for any reason.

The decision was made by the Income Tax Appellate Tribunal, Mumbai, comprising Hon'ble Shri Mahavir Singh (VP) and Hon'ble Shri Manoj Kumar Aggarwal (AM).