Priti Aggarwal, Delhi V. ITO ward 55 (3), Delhi

ITA 1544/DEL/2019

• Counselvise Citation: [2020] 110 COUNSELVISE.COM (IT) 9374 (ITAT-DELHI)
• Duration Of Justice: 1 year(s) 5 month(s) 23 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 17-08-2020
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: SMC
• Assessment Year: 2015-2016
• Appeal Filed On: 25-02-2019
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Section: 20

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL DELHI BENCHES SMC : DELHI BEFORE SHRI BHAVNESH SAINI, JUDICIAL MEMBER AND SHRI B.R.R. KUMAR, ACCOUNTANT MEMBER ITA.NO.1544/DEL./2019 ASSESSMENT YEAR 2015-2016 MS. PRITI AGGARWAL, 17, SHANKAR NAGAR, KRISHNA NAGAR, DELHI 110 051. PAN ABEPA6782C [ VS. THE INCOME TAX OFFICER, WARD 55 (3), NEW DELHI. ( APPELLANT ) (RESPONDENT) F OR ASSESSEE : MS. GUNJAN JAIN, C.A. FOR REVENUE : SHRI R.K. GUPTA, SR. D.R. DATE OF HEARING : 17 .0 8 .20 20 DATE OF PRONOUNCEMENT : 17 .0 8 .20 20 ORDER PER BHAVNESH SAINI, J.M. THIS APPEAL BY ASSESSEE HAS BEEN DIRECTED AGAINST THE ORDER OF THE LD. CIT(A)-19, NEW DELHI, DATED 11.12.2018, FOR THE A.Y. 2015-2016, CHALLENGING THE ORDERS OF THE AUTHORITIES BELOW IN MAKING/CONFIRMING ADDITION OF RS.45,53,425/- ON ACCOUNT OF BUSINESS LOSS DISALLOWED BY THE A.O. 2 ITA.NO.1544/DEL./2019 MS. PRITI AGGARWAL, DELHI. 2. WE HAVE HEARD THE LEARNED REPRESENTATIVES OF BOTH THE PARTIES THROUGH VIDEO CONFERENCING. 3. LEARNED COUNSEL FOR THE ASSESSEE, AT THE OUTSET SUBMITTED THAT ASSESSEE HAS OPTED FOR VIVAD SE VISHWAS SCHEME AND FILED FORM NOS. 1 AND 2. LEARNED COUNSEL FOR THE ASSESSEE, THEREFORE, SUBMITTED THAT ASSESSEE MAY BE PERMITTED TO WITHDRAW THE PRESENT APPEAL, SUBJECT TO ISSUE OF FORM NO.3. 4. IN VIEW OF THE ABOVE STATEMENT MADE BY COUNSEL FOR ASSESSEE, ASSESSEE IS PERMITTED TO WITHDRAW THE APPEAL, SUBJECT TO ISSUE OF FORM NO.3. IN VIEW OF THE ABOVE, APPEAL OF ASSESSEE STANDS DISPOSED OF, IN TERMS INDICATED ABOVE. 5. IN THE RESULT, APPEAL OF ASSESSEE DISPOSED OF. ORDER PRONOUNCED IN THE OPEN COURT. SD/- SD/- (B.R.R. KUMAR) (BHAVNESH SAINI) ACCOUNTANT MEMBER JUDICIAL MEMBER DELHI, DATED 17 TH AUGUST, 2020 VBP/- 3 ITA.NO.1544/DEL./2019 MS. PRITI AGGARWAL, DELHI. COPY TO 1. THE APPELLANT 2. THE RESPONDENT 3. CIT(A) CONCERNED 4. CIT CONCERNED 5. D.R. ITAT SMC BENCH, DELHI 6. GUARD FILE. // BY ORDER // ASSISTANT REGISTRAR : ITAT DELHI BENCHES : DELHI.