Deepak Gupta, Delhi V. ACIT Central Circle-07, New Delhi

ITA 1315/DEL/2019

• Counselvise Citation: [2020] 110 COUNSELVISE.COM (IT) 5287 (ITAT-DELHI)
• Duration Of Justice: 1 year(s) 7 month(s) 21 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 09-10-2020
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: B
• Assessment Year: 2014-2015
• Appeal Filed On: 18-02-2019
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: SHAILESH KUMAR SENIOR
• Assessee Lawyers: UMANG LUTHRA

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL IN THE INCOME TAX APPELLATE TRIBUNAL IN THE INCOME TAX APPELLATE TRIBUNAL IN THE INCOME TAX APPELLATE TRIBUNAL DELHI DELHI DELHI DELHI FRIDAY BENCH FRIDAY BENCH FRIDAY BENCH FRIDAY BENCH A AA A : NEW DELHI : NEW DELHI : NEW DELHI : NEW DELHI (THROUGH VIDEO CONFERENCING) (THROUGH VIDEO CONFERENCING) (THROUGH VIDEO CONFERENCING) (THROUGH VIDEO CONFERENCING) BEFORE BEFORE BEFORE BEFORE JUSTICE P.P. BHATT, HONBLE PRESIDENT AND JUSTICE P.P. BHATT, HONBLE PRESIDENT AND JUSTICE P.P. BHATT, HONBLE PRESIDENT AND JUSTICE P.P. BHATT, HONBLE PRESIDENT AND SHRI G.S. PANNU, HONBLE VICE PRESIDENT SHRI G.S. PANNU, HONBLE VICE PRESIDENT SHRI G.S. PANNU, HONBLE VICE PRESIDENT SHRI G.S. PANNU, HONBLE VICE PRESIDENT ITA NO. ITA NO. ITA NO. ITA NO. 1315/DEL/2019 1315/DEL/2019 1315/DEL/2019 1315/DEL/2019 ASSESSMENT YEAR ASSESSMENT YEAR ASSESSMENT YEAR ASSESSMENT YEAR : : : : 20 2020 20 1 11 1 4 44 4 - -- - 15 1515 15 SHRI DEEPAK SHRI DEEPAK SHRI DEEPAK SHRI DEEPAK GUPTA, GUPTA, GUPTA, GUPTA, A AA A- -- -20, PANCHWATI, 20, PANCHWATI, 20, PANCHWATI, 20, PANCHWATI, AZADPUR, AZADPUR, AZADPUR, AZADPUR, DELHI. DELHI. DELHI. DELHI. PAN : AAHPG1699Q. PAN : AAHPG1699Q. PAN : AAHPG1699Q. PAN : AAHPG1699Q. VS. VS. VS. VS. ASSISTANT COMMISSIONER OF ASSISTANT COMMISSIONER OF ASSISTANT COMMISSIONER OF ASSISTANT COMMISSIONER OF INCOME TAX, INCOME TAX, INCOME TAX, INCOME TAX, CENTRAL CIRCLE CENTRAL CIRCLE CENTRAL CIRCLE CENTRAL CIRCLE- -- -07, 07, 07, 07, NEW DELHI. NEW DELHI. NEW DELHI. NEW DELHI. (APPELLANT) (RESPONDENT) APPELLANT BY : MS. UMANG LUTHRA, ADVOCATE. RESPONDENT BY : SHRI SHAILESH KUMAR, SE NIOR DR. DATE OF HEARING : 09.10.2020 09.10.2020 09.10.2020 09.10.2020 DATE OF PRONOUNCEMENT : 09.10 09.10 09.10 09.10.2020 .2020 .2020 .2020 ORDER ORDER ORDER ORDER PER JUSTICE P.P. BHATT PER JUSTICE P.P. BHATT PER JUSTICE P.P. BHATT PER JUSTICE P.P. BHATT, PRESIDENT , PRESIDENT , PRESIDENT , PRESIDENT : :: : THIS APPEAL BY THE ASSESSEE FOR THE ASSESSMENT YEA R 2014-15 IS DIRECTED AGAINST THE ORDER OF LEARNED CIT(A)-24, NE W DELHI DATED 21 ST DECEMBER, 2018. 2. THE LEARNED COUNSEL FOR THE ASSESSEE, VIDE LETTE R DATED 1 ST OCTOBER, 2020 RECEIVED THROUGH EMAIL HAS REQUESTED FOR WITHDRAWAL OF THE APPEAL FILED BY THE ASSESSEE AND STATED THAT TH E ASSESSEE HAS OPTED TO SETTLE THE DISPUTE RELATING TO THE TAX ARR EARS FOR THE ASSESSMENT YEAR UNDER CONSIDERATION UNDER THE VIVAD SE VISHWAS SCHEME, 2020. A CERTIFICATE TO THIS EFFECT UNDER S ECTION 5(1) OF THE DIRECT TAX VIVAD SE VISHWAS ACT, 2020 HAS ALSO BEEN FILED. 3. LEARNED SENIOR DR HAS NO OBJECTION. ITA-1315/DEL/2019 2 4. IN VIEW OF THE ABOVE, WE ACCEPT THE REQUEST OF T HE ASSESSEE FOR WITHDRAWAL OF THE APPEAL. 5. IN THE RESULT, THE APPEAL OF THE ASSESSEE IS DIS MISSED AS WITHDRAWN. ABOVE DECISION WAS ANNOUNCED IN THE PRESENCE OF BOT H THE PARTIES ON CONCLUSION OF VIRTUAL HEARING ON 9 TH OCTOBER, 2020. SD/- SD/- ( (( ( G.S. PANNU G.S. PANNU G.S. PANNU G.S. PANNU ) )) ) (JUSTICE P.P. BHATT (JUSTICE P.P. BHATT (JUSTICE P.P. BHATT (JUSTICE P.P. BHATT ) )) ) VICE PRESIDENT VICE PRESIDENT VICE PRESIDENT VICE PRESIDENT PRESIDENT PRESIDENT PRESIDENT PRESIDENT VK. COPY FORWARDED TO: - 1. APPELLANT : SHRI DEEPAK GUPTA, SHRI DEEPAK GUPTA, SHRI DEEPAK GUPTA, SHRI DEEPAK GUPTA, A AA A- -- -20, PANCHWATI, AZADPUR, DELHI. 20, PANCHWATI, AZADPUR, DELHI. 20, PANCHWATI, AZADPUR, DELHI. 20, PANCHWATI, AZADPUR, DELHI. 2. RESPONDENT : ASSISTANT COMM ASSISTANT COMM ASSISTANT COMM ASSISTANT COMMISSIONER OF INCOME TAX, ISSIONER OF INCOME TAX, ISSIONER OF INCOME TAX, ISSIONER OF INCOME TAX, CENTRAL CIRCLE CENTRAL CIRCLE CENTRAL CIRCLE CENTRAL CIRCLE- -- -07,NEW DELHI. 07,NEW DELHI. 07,NEW DELHI. 07,NEW DELHI. 3. CIT 4. CIT(A) 5. DR, ITAT ASSISTANT REGISTRAR