Delhi Transco Ltd., New Delhi V. DCIT, Circle-7(1), New Delhi

CO 57/DEL/2020

• Counselvise Citation: [2022] 103 COUNSELVISE.COM (IT) 9033 (ITAT-DELHI)
• Duration Of Justice: 2 year(s) 2 month(s) 12 day(s)
• Appeal Type: Cross Objection
• Pronouncement Date: 02-11-2022
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: B
• Next Hearing Date: 02-11-2022
• Assessment Year: 2014-2015
• Appeal Filed On: 20-08-2020
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: YAGYASAINI KAKKAR

Judgement Text

1 C. O. No. 57/Del/2020 Delhi Transco Ltd., ND. IN THE INCOME TAX APPELLATE TRIBUNAL DELHI BENCH: ‘B’ NEW DELHI BEFORE SHRI SHAMIM YAHYA, ACCOUNTANT MEMBER AND SHRI YOGESH KUMAR U.S., JUDICIAL MEMBER C. O. No. 57/DEL/2020 in I.T.A. No. 597/DEL/2020 (A.Y 2014-15) M/s. Delhi Transco Ltd., Shakti Sadan, Kotla Road, New Delhi – 110 002. PAN No. AABCD6342A (APPELLANT) Vs. DCIT, Circle : 7 (1) New Delhi. (RESPONDENT) ORDER PER YOGESH KUMAR U.S., JM This cross objection is filed by the assessee for assessment year 2014-15 in ITA. No. 597/Del/2020 against the order of the ld. Commissioner of Income Tax (Appeals)-3, New Delhi [hereinafter referred to CIT (Appeals) dated 15.11.2019. Assessee by : Shri R. R. Gupta, C. A.; Department by: Ms. Yagya Saini Kakkar, [CIT] - D. R.; Date of Hearing 03.11.2022 Date of Pronouncement 03.11.2022 2 C. O. No. 57/Del/2020 Delhi Transco Ltd., ND. 2. At the time of hearing the Ld. AR for the assessee submitted that the Appeal in ITA No. 597/Del/2020 which was filed by the Revenue for assessment year 2014-15 has been dismissed in view of the assessee opting for the Direct Tax Vivad Se Vishwas Scheme, 2020. A copy of the order dated 17/03/2021 passed in ITA No. 597/Del/2020 and Form No. 5 have been made available for our perusal. In view of settling the dispute involved in the Assessment Year 2014-15, the Ld. AR sought permission to withdraw the present C.O. By recording the submission made by the Ld. AR, by permitting to withdraw the C.O, we dismiss the C.O filed by the assessee as withdrawn. 3. In the result, the cross objection filed by the Assessee is dismissed. Order pronounced in the open court on : 03/11/2022. Sd/- Sd/- ( SHAMIM YAHYA ) (YOGESH KUMAR U.S.) ACCOUNTANT MEMBER JUDICIAL MEMBER Dated : 03/11/2022 *MEHTA/R.N* Copy forwarded to : 1. Appellant 2. Respondent 3. CIT 4. CIT (Appeals) 5. DR: ITAT ASSISTANT REGISTRAR ITAT NEW DELHI 3 C. O. No. 57/Del/2020 Delhi Transco Ltd., ND.