ACTIS ADVISERSPVTLTD v. DEPUTY COMMISSIONER OF INCOMETAX

Delhi High Court · 26 Feb 2021 · 2021:DHC:4503-DB
Rajiv Shakdher; Talwant Singh
ITA 217/2013
2021:DHC:4503-DB
tax appeal_allowed

AI Summary

The Delhi High Court allowed the appellant to withdraw its income tax appeal after resolving the dispute under the Direct Tax Vivad Se Vishwas Act, 2020, granting liberty to approach the court if the statutory certificate is not issued.

Full Text
Translation output
$-15 HIGH COURT OF DELHI
ITA 217/2013 and CM APPT..N0.7934/2021
ACTIS ADVISERSPVTLTD ..... Appellant
Through: Mr.Bhuwan Dhoopar,Advocate.
VERSUS
DEPUTY COMMISSIONER OFINCOMETAX Respondent
Through: Mr.Deepak Anand,Advocate.
^ CORAM:
HON'BLE MR.JUSTICE RAJIV SHAKDHER
HON'BLE MR.JUSTICE TALWANT SINGH
26.02.2021 [Court hearing convened via video-conferencing on accountofCOVID-19]
CM APPL.No.7934/2021
ORDER

1. This is an application filed on behalfofthe appellant/assessee seeking leave to withdraw the instant appealin view ofthe factthat steps have been initiated by it to take benefit of the provisions of Direct Tax Vivad Se Vishwas Act,2020[in short"the Act"].

2. According to Mr. Bhuwan Dhoopar, who appears on behalf ofthe appellant/assessee, the appellant/assessee has resolved the tax dispute not only-in the instant appeal i.e., ITA 216/2013, but also in the Revenue's appeal,which,accordingtohim,isontheregular board andisnumbered as ITA 425/2013. 1 ITA 217/2013 I page 1 of[2] 2021:DHC:4503-DB

3. Having regard to the submissions made by the counsel for the• appellant/assessee,the prayer made in the application is allowed. However, liberty is given to both, the appellant/assessee, as well as the respondent/Revenue,to approachthe Court,in case,the designated authority does notissue a certificate inthe prescribed form i.e.Form-5. ITA 217/2013

4. In view ofthe order passed in CM APPL.7934/2021,the appeal shall stand closed. The order passed today will be placed by the Registry in the case file concerningITA No.425/2013.