M/s Splendor Landbase Ltd., New Delhi V. ACIT, New Delhi

CO 216/DEL/2016

• Counselvise Citation: [2019] 115 COUNSELVISE.COM (IT) 4733 (ITAT-DELHI)
• Duration Of Justice: 2 year(s) 9 month(s) 5 day(s)
• Appeal Type: Cross Objection
• Pronouncement Date: 14-03-2019
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: C
• Assessment Year: 2011-2012
• Appeal Filed On: 09-06-2016
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: S S RANA
• Assessee Lawyers: V K GARG
• Section: 143(3); 153A

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL DELHI BENCH: G NEW DELHI BEFORE SHRI G.D. AGARWAL, VICE PRESIDENT & SHRI K.NARASIMHA CHARY, JUDICIAL MEMBER CROSS OBJECTION NO 216 OF 2016 (IN ITA NO.2462/DEL/2016) ASSESSMENT YEAR: 2011-12 SPLENDORLANDBASE LTD., SPLENDOR FORUM, 502-511 PLOT NO 3, JASOLA DISTRICT CENTRE,NEW DELHI PAN: AAECA3986E VS ACIT, CIRCLE-3, NEW DELHI. APPLICANT BY SHRI V.K.GARG, ADVOCATE REVENUE BY SH.S.S.RANA, CIT DR ORDER PER SHRI K. NARASIMHA CHARY, JM: THIS CROSS OBJECTION BY ASSESSEE IS ARISING OUT OF ORDER OF CIT(A)-23, NEW DELHI VIDE APPEAL NO. 34 & 35/15-16 DATED 26.02.2016. ASSESSMENT WAS FRAMED BY ACIT, CENTRAL CIRCLE-3, NEW DELHI U/S. 153A R/W SEC 143(3) OF THE INCOME-TAX ACT, 1961(HEREINAFTER REFERRED TO AS THE ACT) FOR AY 2011-12 VIDE HIS ORDER DATED 31.03.2015. 2. AT THE OUTSET, LD. AR SUBMITTED THAT THE ASSESSEE MAY BE PERMITTED TO NOT PRESS THIS CROSS OBJECTION, IN VIEW OF THE ISSUES INVOLVED IN THE APPEALS FILED AGAINST THE ORDERS OF THE LD. CIT(A) FOR THE RELEVANT YEAR. LD. DR REPORTS NO OBJECTIONS. WHEN THE LD. AR DESIRES TO WITHDRAW THE CROSS OBJECTIONS FILED ON DATE OF HEARING 14.3.2019 DATE OF PRONOUNCEMENT 14.3.2019 2 BEHALF OF THE ASSESSEE, NO USEFUL PURPOSE WOULD BE SERVED BY INSISTING ITS DISPOSAL ON MERITS. 3. IN VIEW OF THE ABOVE AND NO OBJECTION ON BEHALF OF THE LD. DR, WE ENDORSE THE PRAYER OF ASSESSEE AND DISMISS THE APPEAL OF ASSESSEE AS NOT PRESSED. 4. APPEAL OF ASSESSEE IS DISMISSED AS NOT PRESSED. ORDER PRONOUNCED IN THE OPEN COURT ON 14 TH MARCH, 2019. SD/- SD/- (G.D. AGARWAL) (K. NARASIMHA CHARY) VICE PRESIDENT JUDICIAL MEMBER DATED: 14 TH MARCH, 2019 VJ COPY FORWARDED TO: 1. APPELLANT 2. RESPONDENT 3. CIT 4. CIT(APPEALS) 5. DR: ITAT ASSISTANT REGISTRAR ITAT NEW DELHI DRAFT DICTATED ON 14 .3.2019 DRAFT PLACED BEFORE AUTHOR 14 .3.2019 DRAFT PROPOSED & PLACED BEFORE THE SECOND MEMBER DRAFT DISCUSSED/APPROVED BY SECOND MEMBER. APPROVED DRAFT COMES TO THE SR.PS/PS KEPT FOR PRONOUNCEMENT ON DATE OF UPLOADING ORDER ON THE WEBSITE FILE SENT TO THE BENCH CLERK DATE ON WHICH FILE GOES TO THE AR DATE ON WHICH FILE GOES TO THE HEAD CLERK. DATE OF DISPATCH OF ORDER.