Chemrow India P.Ltd, New Delhi V. ACIT, Circle-6(1), New Delhi

ITA 122/DEL/2020

• Counselvise Citation: [2020] 110 COUNSELVISE.COM (IT) 8796 (ITAT-DELHI)
• Duration Of Justice: 6 month(s) 17 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 24-07-2020
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: B
• Assessment Year: 2011-2012
• Appeal Filed On: 07-01-2020
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: JAGDISH SINGH DAHIYA SENIOR
• Section: 201

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL DELHI FRIDAY BENCH A : NEW DELHI (THROUGH VIDEO CONFERENCING) BEFORE SHRI G.S. PANNU, VICE PRESIDENT AND SHRI K.N. CHARY, JUDICIAL MEMBER ITA NO. 122/DEL/2020 ASSESSMENT YEAR : 2011-12 CHEMROW INDIA PVT. LTD. C/O M/S RRA TAXINDIA, D-28, SOUTH EXTENSION, PART-I, NEW DELHI (PAN: AAACC6693A)) VS. ACIT, CIRCLE 6(1), NEW DELHI (APPELLANT) (RESPONDENT) APPELLANT BY : SH. SOMIL AGGARWAL, ADV. RESPONDENT BY : SH. JAGDISH SINGH DAHIYA, SENIOR DR. DATE OF HEARING : 24.07.2020 DATE OF PRONOUNCEMENT : 24.07.2020 ORDER PER G.S. PANNU, VP : THIS APPEAL BY THE ASSESSEE FOR THE ASSESSMENT YEARS 201 1-12 IS DIRECTED AGAINST THE ORDER OF LEARNED CIT(A), NEW DELHI. 2 2. THE LEARNED COUNSEL FOR THE ASSESSEE, VIDE EMAIL DATED 20 JULY 2020, HAS REQUESTED FOR WITHDRAWAL OF THE APPEAL FILED BY THE ASSES SEE AND STATED THAT THE ASSESSEE HAS OPTED TO SETTLE THE DISPUTE RELATING TO THE TAX ARREARS FOR THE ASSESSMENT YEAR UNDER CONSIDERATION UNDER THE VIVAD SE VISHWAS SCHEME, 2020. 3. LEARNED SENIOR DR HAS NO OBJECTION. 4. IN VIEW OF THE ABOVE, WE ACCEPT THE REQUEST OF THE ASSESSEE FOR WITHDRAWAL OF THE AFORESAID APPEAL. 5. IN THE RESULT, THE APPEAL OF THE ASSESSEE IS DISMISSED AS WITHDRAWN. ABOVE DECISION WAS ANNOUNCED IN THE PRESENCE OF BOTH THE PARTIES ON CONCLUSION OF VIRTUAL HEARING ON 24 JULY, 2020. SD/- SD/- (K.N. CHARY) (G.S. PANNU) JUDICIAL MEMBER VICE PRESIDENT SRB COPY FORWARDED TO: - 1. APPELLANT - CHEMROW INDIA PVT. LTD., C/O M/S RRA TAXINDIA, D-28, SOUTH EXTENSION, PART-I, NEW DELHI 3 2. RESPONDENT : ACIT, CIRCLE 6(1), NEW DELHI 3. CIT 4. CIT(A) 5. DR, ITAT ASSISTANT REGISTRAR