M/s Ajay Metalloys Pvt. Ltd., Delhi V. ACIT, New Delhi

CO 104/DEL/2017

• Counselvise Citation: [2021] 109 COUNSELVISE.COM (IT) 0980 (ITAT-DELHI)
• Duration Of Justice: 3 year(s) 10 month(s) 5 day(s)
• Appeal Type: Cross Objection
• Pronouncement Date: 22-02-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: A
• Assessment Year: 2007-2008
• Appeal Filed On: 17-04-2017
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: SATPAL GULATI
• Section: 22

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL, DELHI BENCH: A NEW DELHI BEFORE SHRI AMIT SHUKLA, JUDICIAL MEMBER AND SHRI O.P. KANT, ACCOUNTANT MEMBER [THROUGH VIDEO CONFERENCING] ITA NO.1273 & 1274/ DEL/2017 ASSESSMENT YEAR: 2007-08 & 2008-09 ASSTT. COMMISSIONER OF INCOME TAX CIRCLE -2 (1) NEW DELHI VS. M/S. AJAY METALLOYS PVT. LTD. D-230, PRASHANT VIHAR, NEW DELHI-110085 PAN NO. AAGCA1975P (APPELLANT) (RESPONDENT) CROSS OBJECTION NO.104 & 105/ DEL/2017 ASSESSMENT YEAR: 2007-08 & 2008-09 AJAY METALLOYS PVT. LTD. UNIT-1, 1 ST FLOOR, MCD BUILDING, DESH BANDHU GUPTA ROAD, PAHARGANJ, DELHI-110055 PAN NO. AAGCA1975P VS. ASSTT. COMMISSIONER OF INCOME TAX CIRCLE -2 (1) NEW DELHI (APPELLANT) (RESPONDENT) APPELLANT BY NONE RESPONDENT BY SH. SATPAL GULATI, CIT(DR) DATE OF HEARING 22.02.2021 DATE OF PRONOUNCEMENT 22.02.2021 2 ORDER PER BENCH THESE APPEALS AND THE CROSS OBJECTIONS BY THE ASSE SSEE ARE DIRECTED AGAINST THE ORDER OF LEARNED COMMISSIONER OF INCOME TAX (APPEALS)-I, NEW DELHI, DATED 19.12.2016 PASSED FOR ASSESSMENT YEARS 2007-08 AND 2008-09. 2. WE HAVE HEARD LEARNED DR THROUGH VIDEO CONFERENCING . 3. THE ASSESSEE, VIDE ITS LETTER DATED 21.02.2021, HA S REQUESTED FOR WITHDRAWAL OF THE APPEAL AS THE ASSESSEE HAS OP TED TO SETTLE THE DISPUTE RELATING TO THE TAX ARREARS FOR THE ASS ESSMENT YEAR UNDER CONSIDERATION, UNDER THE VIVAD SE VISHWAS SCH EME, 2020. THE ASSESSEE HAS ALSO FILED A COPY OF FORM N O. 3 ISSUED BY THE RESPECTIVE PRINCIPAL COMMISSIONER OF INCOME TAX , WHICH IS PLACED ON RECORD. 2. IN VIEW OF THE AFORESAID, THE APPEALS AND THE CROS S OBJECTIONS OF THE ASSESSEE ARE DISMISSED AS WITHDRAWN. ORDER PRONOUNCED IN THE OPEN COURT ON 22.02.2021 SD/- SD/- ( AMIT SHUKLA ) ( O.P. KANT ) JUDICIAL MEMBER ACCOUNTANT MEMBER DATED: 22 ND FEBRUARY, 2021. *NEHA* COPY FORWARDED TO: 1. APPELLANT 2. RESPONDENT 3. CIT 4. CIT(A) 5. DR ASST. REGISTRAR, ITAT, NEW DELHI 3 SL. NO. PARTICULARS DATE 1. DATE OF DICTATION : 22.02.2021 2. DATE ON WHICH THE DRAFT OF ORDER IS PLACED BEFOR E THE DICTATING MEMBER: 22.02.2021 3. DATE ON WHICH THE DRAFT OF ORDER IS PLACED BEFOR E THE OTHER MEMBER: 22.02.2021 4. DATE ON WHICH THE APPROVED DRAFT OF ORDER COMES TO THE SR. PS/PS: 22.02.2021 5. DATE OF WHICH THE FAIR ORDER IS PLACED BEFORE TH E DICTATING MEMBER FOR PRONOUNCEMENT: 22.02.2021 6. DATE ON WHICH THE FINAL ORDER RECEIVED AFTER HAV ING BEEN SINGED/PRONOUNCED BY THE MEMBERS: 22.02.2021 7. DATE ON WHICH THE FINAL ORDER IS UPLOADED ON TH E WEBSITE OF ITAT: 22.02.2021 8. DATE ON WHICH THE FILE GOES TO THE BENCH CLERK 2 2.02.2021 9. DATE ON WHICH FILES GOES TO THE HEAD CLERK: 10. DATE ON WHICH FILE GOES TO THE ASSISTANT REGIST RAR FOR SIGNATURE ON THE ORDER: 11. DATE OF DISPATCH OF ORDER: