NADISH REAL ESTATE PRIVATE LIMITED, Gurugram V. PCIT-4, Delhi

ITA 1067/DEL/2021

AI Insights

The case involved Nadish Real Estate Private Limited, the appellant, who filed an appeal against the order of the Principal Commissioner of Income Tax (Pr. CIT), New Delhi, dated 17.03.2021, concerning the Assessment Year 2011-12. The appeal was directed against a revisionary order passed under section 263 of the Income Tax Act, 1961. However, subsequent to the revisionary order, the Assessing Officer accepted the return of income filed by the assessee, leading to no surviving dispute. Consequently, the assessee filed a petition to withdraw the appeal, which was unopposed by the Revenue.

• Counselvise Citation: [2022] 140 COUNSELVISE.COM (IT) 121839 (ITAT-DELHI)
• Duration Of Justice: 1 year(s) 3 month(s) 21 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 27-12-2022
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: E
• Next Hearing Date: 27-12-2022
• Assessment Year: 2011-2012
• Appeal Filed On: 06-09-2021
• Laws Referred To: Income Tax Act
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Keywords: Revision of order
• Section: 263

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL DELHI BENCH, ‘E’: NEW DELHI BEFORE SHRI SHAMIM YAHYA, ACCOUNTANT MEMBER AND SHRI NARENDER KUMAR CHOUDHRY, JUDICIAL MEMBER ITA No.1067/DEL/2021 [Assessment Year: 2011-12] Nadish Real Estate Private Limited, 1 st Floor, Shopping Mall Complex, Arjun Marg, DLF Phase-I, DLF City, Haryana-122002 Vs PCIT, C.R. Building, ITO, IP Estate, New Delhi-110002 PAN-AACCN2671D Assessee Revenue Assessee by Sh. Rajat Garg, CA Revenue by Ms. Sunita Verma, CIT-DR Date of Hearing 28.12.2022 Date of Pronouncement 28.12.2022 ORDER PER SHAMIM YAHYA, AM, This appeal by the assessee is directed against the order of Ld. Pr. CIT, New Delhi, dated 17.03.2021, passed u/s 263 of the Act pertaining to Assessment Year 2011-12. 2. At the outset, in this case, the ld. Counsel for the assessee submitted that the AO in pursuance of order passed u/s 263 of the Act, passed an order and has accepted the return of income filed by the assessee and contended that there is no surviving dispute. Hence, the assessee wants to withdraw the present appeal filed against the revisionary order passed u/s 263 of the Act. In this regard, a petition dated 28.12.2022 is also available on record. 2 ITA No.1067/Del/2021 3. Upon careful consideration, noting that the Revenue does not have any objection, we permit the withdrawal of the appeal. Hence, the appeal of the assessee is dismissed as withdrawn. 4. In the result, the appeal of the assessee is dismissed. Order pronounced in the open court on 28 th December, 2022. Sd/- Sd/- (NARENDER KUMAR CHOUDHRY] [SHAMIM YAHYA] JUDICIAL MEMBER ACCOUNTANT MEMBER Delhi; Dated: 28.12.2022. f{x~{tÜ f{x~{tÜf{x~{tÜ f{x~{tÜ Copy forwarded to: 1. Appellant 2. Respondent 3. CIT 4. CIT(A) 5. DR Asst. Registrar, ITAT, New Delhi