INDUSLYNK TRAINING SERVICES PRIVATE LIMITED,GURUGRAM V. ACIT CIRCLE 1(1), GURGAON

ITA 3290/DEL/2024

AI Insights

Induslynk Training Services Pvt Ltd filed an appeal against the order dated 15.05.2024 passed by the Commissioner of Income-Tax Appeal (CIT(A)). The appeal was related to the assessment year 2021-22 and was initially set for hearing before the 'C' Bench on 07.08.2025. However, prior to the hearing, the assessee filed a rectification application under section 154 of the Income Tax Act, 1961, which was addressed by the NFAC. The NFAC's order rectified the CIT(A)'s earlier decision by granting a lower rate of taxation as per section 115BAA of the Act. Following this, the AO issued an appeal effect order on 30 July 2025, implementing the lower tax rate. Consequently, the assessee decided to withdraw the appeal, which was accepted by the tribunal without any objections from the Departmental Representative.

• Counselvise Citation: [2025] 140 COUNSELVISE.COM (IT) 772597 (ITAT-DELHI)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 26-08-2025
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Assessment Year: misc
• Laws Referred To: Income Tax Act 1961
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: DHEERAJ KUMAR JAIN
• Assessee Lawyers: AMAN GARG
• Section: 154

Judgement Text

" IN THE INCOME TAX APPELLATE TRIBUNAL, DELHI ‘C’ BENCH, NEW DELHI BEFORE SHRI MAHAVIR SINGH, VICE PRESIDENT AND SHRI NAVEEN CHANDRA, ACCOUNTANT MEMBER ITA No. 3290/DEL/2024 [A.Y. 2021-22] Induslynk Training Services Pvt Ltd Vs. The A.C.I.T 7th & 8th Floor, Good Earth Business Bay, Circle -1(1) Near Ireo Grand Arch, Sector – 58, New Delhi Gurgaon, Haryana PAN : AACCI1401 N (Applicant) (Respondent) Assessee By : Shri Aman Garg, CA Shri Rohit Bartana, CA Department By : Shri Dheeraj Kumar Jain, Sr. DR Date of Hearing : 22.08.2025 Date of Pronouncement : 22.08.2025 ORDER PER NAVEEN CHANDRA, ACCOUNTANT MEMBER:- This appeal by the assessee is preferred against the order dated 15.05.2024 for A.Y 2021-22. Printed from counselvise.com 2 ITA No. 3290/DEL/2024 [A.Y 2021-22] Induslynk Training Services 2 2. At the very outset, the ld. counsel for the assessee filed an application dated 05.08.2025 seeking permission to withdraw the appeal filed by the assessee. The relevant portion of the application reasoning the withdrawal reads as under: “The above-mentioned appeal was filled by assessee on 13 July 2024 bearing ITA No. 3290/Del/2024 for assessment year 2021- 22), against order dated 15 May 2024 passed by Honorable Commissioner of Income- Tax Appeal ['CIT(A)'] under section u/s 250 of the Income Tax Act 1961 ('Act') fixed for hearing before \"C\" Bench on 07.08.2025. Copy of Acknowledgement of filling of appeal along with Form 36 and Ground of Appeals is attached as Annexure 1. Your Honour, in this regard, it is relevant to mention that against the above-mentioned order of the CIT(A), assessee has filed rectification application u/s 154 of the Act. In response to above mentioned rectification application filed by the assessee, National Faceless Appeal Centre ('NFAC') passed order u/s 154 read with section 250 (dated 2 September 2024) rectifying mistakes apparent from record in the order dated 15 May 2024 passed by CIT(A), granting the benefit of lower rate of taxation as per section 115BAA of the Act for AY 2021-22 and directing AO to allow assessee the benefit of lower rate of taxation under section 115BAA of the Act. Printed from counselvise.com 3 ITA No. 3290/DEL/2024 [A.Y 2021-22] Induslynk Training Services 3 Consequent to the above stated direction, the Ld.AO has also passed an appeal effect order dated 30 July 2025, allowing assessee benefit of lower rate of taxation under section 115BAA of the Act. Accordingly, the grounds for which the subject appeal is pending has been duly allowed to assessee. In view of the same, the assessee requests your honours to take the above on record and accept assessee's request to withdraw the subject appeal.” 3. The ld. DR did not raise any objection. 4. Accordingly, the appeal of the assessee is dismissed as withdrawn. 5. In the result, the appeal of assessee in ITA No. 3290/DEL/2024 is dismissed as withdrawn. The order is pronounced in the open court on 22.08.2025. Sd/- Sd/- [MAHAVIR SINGH] [NAVEEN CHANDRA] JUDICIAL MEMBER ACCOUNTANT MEMBER Dated: 26th AUGUST, 2025. VL/ Printed from counselvise.com 4 ITA No. 3290/DEL/2024 [A.Y 2021-22] Induslynk Training Services 4 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 Tribunal Order is placed before the Dictation Member 3. Date on which the typed draft Tribunal Order is placed before the other Member 4. Date on which the approved draft Tribunal Order comes to the Sr. P.S./P.S. 5. Date on which the fair Tribunal Order is placed before the Dictating Member for pronouncement 6. Date on which the signed order comes back to the Sr. P.S./P.S 7. Date on which the final Tribunal Order is uploaded by the Sr. P.S./P.S. on official website 8. Date on which the file goes to the Bench Clerk alongwith Tribunal Order 9. Date of killing off the disposed of files on the judiSIS portal of ITAT by the Bench Clerks 10. Date on which the file goes to the Supervisor (Judicial) 11. The date on which the file goes for xerox 12. The date on which the file goes for endorsement 13. The date on which the file goes to the Superintendent for checking 14. The date on which the file goes to the Assistant Registrar for signature on the Tribunal order 15. Date on which the file goes to the dispatch section 16. Date of Dispatch of the Order Printed from counselvise.com 5 ITA No. 3290/DEL/2024 [A.Y 2021-22] Induslynk Training Services 5 Printed from counselvise.com "