Eros Grand Resorts And Hotels P.Ltd, New Delhi V. ACIT, Circle-8(2), New Delhi

ITA 128/DEL/2019

• Counselvise Citation: [2021] 109 COUNSELVISE.COM (IT) 4391 (ITAT-DELHI)
• Duration Of Justice: 2 year(s) 1 month(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 10-02-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: B
• Assessment Year: 2015-2016
• Appeal Filed On: 09-01-2019
• Result in Favour of: Revenue
• Court: TRIBUNAL

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL DELHI BENCH C NEW DLEHI BEFORE SHRI G.S. PANNU, VICE-PRESIDENT AND SHRI K. NARASIMHA CHARY, JUDICIAL MEMBER ITA NO. 128 & 9591/DEL/2019 ASSESSMENT YEAR: 2015-16 & 2016-17 EROS GRAND RESORTS & HOTELS P. LTD., VS. ACIT CIRC LE 8(2), 13A, MAYUR VIHAR, DISTRICT CENTRE, NEW DELHI PHASE-1, NEW DELHI PAN : AABCE6575G (APPELLANT) (RESPONDENT) APPELLANT BY : SH. R.K. KAPOOR, CA RESPONDENT BY: SH. M. BARANWAL, SR. DR DATE OF HEARING: 10/02/2021 DATE OF ORDER : 10/02/2021 ORDER PER G.S. PANNU, V.P. THESE APPEALS BY THE ASSESSEE FOR THE ASSESSMENT Y EARS 2015-16 AND 2016-17 ARE DIRECTED AGAINST THE ORDERS OF LD. CIT(A)-3, NEW DELHI DATED 22.01.2018 AND 21.10.2019. 2. THE LEARNED COUNSEL FOR THE ASSESSEE, VIDE ITS L ETTER DATED 22.01.2021, RECEIVED THROUGH EMAIL, HAS REQUESTED F OR WITHDRAWAL OF THE APPEALS FILED BY HIM AND STATED THAT THE ASSESSEE H AS OPTED TO SETTLE THE DISPUTE RELATING TO THE TAX ARREARS FOR THE ASSESSM ENT YEARS UNDER CONSIDERATION UNDER THE VIVAD SE VISHWAS SCHEME, 2 020. CERTIFICATES TO 2 THIS EFFECT UNDER SECTION 5(1) OF THE DIRECT TAX VI VAD SE VISHWAS ACT, 2020 HAVE ALSO BEEN FILED. 3. LEARNED SENIOR DR HAS NO OBJECTION. 4. IN VIEW OF THE ABOVE, WE ACCEPT THE REQUEST OF T HE ASSESSEE FOR WITHDRAWAL OF THE APPEALS. 5. IN THE RESULT, THE APPEALS OF THE ASSESSEE ARE D ISMISSED AS WITHDRAWN. ABOVE DECISION WAS ANNOUNCED ON CONCLUSION OF VIRTU AL HEARING IN PRESENCE OF PARTIES ON 10 TH FEBRUARY, 2021. SD/- SD/- (K. NARASIMHA CHARY) (G.S. PANNU) JUDICIAL MEMBER VICE- PRESIDENT DATED: 10/02/2021 AKS