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

Last updated: 23 January 2021

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Sonesh Dedhia has chosen to resolve outstanding direct tax disputes by participating in the Vivad Se Vishwas Scheme 2020. As a result, the Income Tax Appellate Tribunal has dismissed the appeal. The assessee retains the right to request 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 for assessee. However, vide assessee’s counsel letter as placed onrecord, it transpires that the assessee is opting to settle the dispute under 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 requisite declaration 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 for assessee. However, vide assessee’s counsel letter as placed onrecord, it transpires that the assessee is opting to settle the dispute under 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 requisite declaration 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 :
1.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 that allows taxpayers to settle pending disputes.

Sonesh Dedhia's appeal was dismissed by the Income Tax Appellate Tribunal because they opted to settle the dispute under the Vivad Se Vishwas Scheme.

Yes, the assessee has been granted 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).