Janhavi Gupta Benefit Trust, Kolkata I.T.O.,Ward-35(2), Kolkata


Quick Summary
The Income Tax Appellate Tribunal has dismissed the appeal filed by the Janhavi Gupta Benefit Trust. This decision was made after a trustee applied to withdraw the appeal. The trust opted to settle the dispute under the Direct Tax Vivad Se Vishwas Act, 2020, having complied with all necessary declarations and received a certificate from the designated authority.

Court :
ITAT Kolkata

Brief :
This appeal filed by the assessee is directed against the order of ld. Commissioner of Income Tax (Appeals)-10, Kolkata dated 21.06.2019.

Citation :
I.T.A. No. 1798/KOL/2019

 ITA No. 1798/KOL/2020
 Assessment Year: 2015-2016
 Janhavi Gupta Benefit Trust

Before Shri P.M. Jagtap, Vice-President

I.T.A. No. 1798/KOL/2019
Assessment Year: 2015-2016

Janhavi Gupta Benefit Trust,........ Appellant
C/o. Subash Agarwal & Associates, Advocates,
Siddha Gibson,
1, Gibson Lane, Suite-213, 2 n d Floor,
Kolkata-700069
[PAN:AABTJ2748R]

 -Vs.-

Income Tax Officer,.............. Respondent
Ward-35(2), Kolkata,
Aayakar Bhawan Poorva,
110, Shanti Pally,
Kolkata-700107

Appearances by:
N o n e, appeared on behalf of the assessee
Shri Jayanta Khanra, JCIT, Sr. D.R., appeared on behalf of the Revenue

Date of concluding the hearing : May 03, 2021
Date of pronouncing the order : May 03, 2021

O R D E R

 This appeal filed by the assessee is directed against the order of ld. Commissioner of Income Tax (Appeals)-10, Kolkata dated 21.06.2019.

2. In this case, Shri Rajendra Gupta, one of the Trustees of the assessee-Trust, has moved an application dated 22.04.2021 seeking withdrawal of this appeal on the ground that they have decided to settle the dispute involved in the said appeal under the Direct Tax Vivad Se Vishwas Act, 2020. The assessee has duly filed the declarations in Form No. 1 and Form No. 2 and the Designated Authority has issued the  certificate in Form No. 3 as per Section 5(1) of the Scheme accepting the assessee’s declaration under the same Scheme.

3. Keeping in view these facts and circumstances of the case including especially the fact that the assessee has duly complied with the necessary requirements under Vivad Se Vishwas Scheme, 2020, the permission as sought by Shri Rajendra Gupta, one of the Trustees of the assessee-Trust is granted and this appeal of the assessee is dismissed as withdrawn.

4. In the result, the appeal filed by the assessee is dismissed as withdrawn.

Order pronounced in the open Court on May 03, 2021.
 
Sd/-
 (P.M. Jagtap)
 Vice-President
 Kolkata, the 3r d day of May, 2021

Copies to : 
(1) Janhavi Gupta Benefit Trust,
C/o. Subash Agarwal & Associates, Advocates,
Siddha Gibson,
1, Gibson Lane, Suite-213, 2 n d Floor, Kolkata-700069

(2) Income Tax Officer,
Ward-35(2), Kolkata,
Aayakar Bhawan Poorva,
110, Shanti Pally, Kolkata-700107

(3) Commissioner of Income Tax (Appeals)-10, Kolkata;
(4) Commissioner of Income Tax- ,
(5) The Departmental Representative
(6) Guard File

 By order

Assistant Registrar,
 Income Tax Appellate Tribunal,
 Kolkata Benches, Kolkata
 Laha/Sr. P.S.

FAQ :

The appeal filed by the Janhavi Gupta Benefit Trust was dismissed as withdrawn by the Income Tax Appellate Tribunal.

The appeal was withdrawn because the Janhavi Gupta Benefit Trust decided to settle the dispute under the Direct Tax Vivad Se Vishwas Act, 2020.

It is a scheme under which taxpayers can settle disputes related to direct taxes.

Yes, the trust filed the necessary declarations in Form No. 1 and Form No. 2, and the Designated Authority issued a certificate in Form No. 3, accepting the declaration.

 



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