AURIC MERCHANDISING SERVICES PRIVATE LIMITED,DELHI V. ACIT CIRCLE 1(1) DELHI, DELHI

ITA 4260/DEL/2024

AI Insights

The case involves Auric Merchandising Services, the appellant, who filed an appeal against the order of the NFAC, Delhi dated 19.07.2024 for the Assessment Year 2012-13. The appellant decided to withdraw the appeal and settle the disputes under the Vivad se Vishwas Scheme, 2024, a government initiative aimed at resolving pending tax disputes. The tribunal acknowledged the withdrawal and granted the appellant the liberty to revive the appeal if necessary.

• Counselvise Citation: [2025] 140 COUNSELVISE.COM (IT) 774606 (ITAT-DELHI)
• Duration Of Justice: 11 month(s) 15 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 01-09-2025
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: A
• Assessment Year: 2012-2013
• Appeal Filed On: 16-09-2024
• Laws Referred To: Vivad se Vishwas Scheme, 2024
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: RAJESH MAHAJAN
• Assessee Lawyers: RANJEET KESARWANI

Judgement Text

"Page 1 of 3 IN THE INCOME TAX APPELLATE TRIBUNAL, DELHI ‘A’ BENCH, NEW DELHI BEFORE SHRI SATBEER SINGH GODARA, JUDICIAL MEMBER, AND SHRI NAVEEN CHANDRA, ACCOUNTANT MEMBER ITA No. 4260/DEL/2024 [A.Y 2012-13] Auric Merchandising Services Vs. The A.C.I.T A-3, Chirag Enclave Circle – 1(1) Delhi Delhi PAN: AAFCA 0233 P (Appellant) (Respondent) Assessee By : Shri Ranjeet Kesarwani, CA Department By : Shri Rajesh Mahajan, Sr. DR Date of Hearing : 28.08.2025 Date of Pronouncement : 28.08.2025 ORDER PER NAVEEN CHANDRA, AM :- This appeal by the assessee is directed against the order of the NFAC, Delhi dated 19.07.2024 pertaining to A.Y 2012-13. 2. The assessee has filed an application dated 28.08.2025 for reschedule of appeal for hearing as the assessee has opted to settle the Printed from counselvise.com ITA No. 4260 /DEL/2024 Auric Merhandising Vs ACIT [A.Y 2012-13] Page 2 of 3 issues under the Vivad se Vishwas Scheme, 2024 [in short ‘VSVS’]. The assessee has placed on record copy of Form No. 1 filed under VSVS, 2024. 3. However, the ld. counsel for the assessee submitted that Form 2 is still awaited from the designated authorities. The ld. counsel for assessee prayed for liberty to revive the appeal in case application of assessee fails to mature for any reason under Vivad se Vishwas Scheme, 2024 if he withdraws the appeal. 4. The ld. DR raised no objection to withdrawal of appeal by the assessee. 5. Both sides heard. In light of application made by the assessee, appeal of assessee for A.Y 2012-13 is dismissed as withdrawn as assessee has opted to settle the issue under Vivad se Vishwas Scheme. Liberty is granted to the assessee to revive the appeal in case application of assessee under Vivad se Vishwas Scheme, 2024 fails to mature. 6. In the result, appeal of assessee in ITA No. 4260/DEL/2024 is dismissed as withdrawn. Order pronounced in open court on 28.08.2025. Sd/- Sd/- [SATBEER SINGH GODARA] [NAVEEN CHANDRA] JUDICIAL MEMBER ACCOUNTANT MEMBER Dated : 1st SEPTEMBER, 2025. Printed from counselvise.com ITA No. 4260 /DEL/2024 Auric Merhandising Vs ACIT [A.Y 2012-13] Page 3 of 3 VL/ Copy forwarded to: 1. Appellant 2. Respondent 3. CIT 4. CIT(A) Asst. Registrar, 5. DR ITAT, New Delhi Sl No. PARTICULARS DATES 1. Date of dictation of Tribunal Order 2. Date on which the typed draft order is placed before the Dictating Member 3. Date on which the typed draft order is placed before the other Member [in case of DB] 4. Date on which the approved draft order comes to the Sr. P.S./P.S. 5. Date on which the fair Order is placed before the Dictating Member for sign 6. Date on which the fair order is placed before the other Member for sign [in case of DB] 7. Date on which the Order comes back to the Sr. P.S./P.S for uploading on ITAT website 8. Date of uploading, inf not, reason for not uploading 9. Date on which the file goes to the Bench Clerk 10. Date on which the file goes for Xerox 11. Date on which the file goes for endorsement 12. The date on which the file goes to the Superintendent for checking 13. Date on which the file goes to the Assistant Registrar for signature on the order 14. Date on which the file goes to the dispatch section for dispatch the Tribunal order 15. Date of Dispatch of the Order 16. Date on which the file goes to the Record Room after dispatch the order Printed from counselvise.com "