M/s Zamil Air Conditioners India Pvt. Ltd., New Delhi V. DCIT, New Delhi

ITA 1550/DEL/2016

• Counselvise Citation: [2019] 115 COUNSELVISE.COM (IT) 6956 (ITAT-DELHI)
• Duration Of Justice: 3 year(s) 6 month(s) 30 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 22-10-2019
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: I
• Assessment Year: 2011-2012
• Appeal Filed On: 23-03-2016
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: MANONEET DALAL SHRI H K

Judgement Text

INCOME TAX APPELLATE TRIBUNAL DELHI BENCH I.2: NEW DELHI BEFORE SHRI R.K. PANDA, ACCOUNTANT MEMBER AND SHRI SUDHANSHU SRIVASTAVA, JUDICIAL MEMBER ITA NO. 1550/DEL/2016 ASSTT. YEAR: 2011-12 O R D E R PER SUDHANSHU SRIVASTAVA, JM: THIS APPEAL HAS BEEN FILED BY THE ASSESSEE AGAINST THE ORDER OF THE DISPUTE RESOLUTION PANEL-2, NEW DELHI DATED 1.12.2015 FOR THE ASSTT. YEAR 2011-12. ZAMIL AIR CONDI TIONERS INDIA PVT. LTD. 1 ST FLOOR, H-9/1, MOHAN COOP. INDL. ESTATE MATHURA ROAD, NEW DELHI 110 044 PAN AAACA0907F VS. DCIT CIRCLE-27(1), NEW DELHI. (APPELLANT) (RESPONDENT ) ASSESSEE BY: SHRI MANONEET DALAL, ADVOCATE DEPARTMENT BY : SHRI H .K. CHOUD HARY, CIT (DR) DATE OF HEARING 21/10 /201 9 DATE OF PRONOUNCEMENT /10/2019 2 2. AT THE OUTSET THE LD. AR SUBMITTED THAT ASSESSEE HAS FILED A LETTER REQUESTING THAT THIS APPEAL MAY BE ALLOWED TO BE WITHDRAWN FOR THE REASON THAT ASSESSEE IS RUNNING ITS BUSINESS INTO LOSSES AND WOULD NOT BE ABLE TO BEAR HUGE LITIGATION EXPENSES. THEREFORE, THE APPELLANT PRAYS TO WITHDRAW THE APPEAL. 3. THE LD. CIT (DR )DOES NOT HAVE ANY OBJECTION FOR THE SAID REQUEST OF THE AR. 4. AFTER CONSIDERING THE REQUEST SUBMITTED BY THE APPELLANT AND ALSO LD. CIT (DR) DO NOT HAVE ANY OBJECTION, THE APPEAL IS ALLOWED TO BE WITHDRAWN. 5. IN THE RESULT THE APPEAL OF THE ASSESSEE IS DISMISSED AS WITHDRAWN. ORDER PRONOUNCED IN THE OPEN COURT ON 22 ND OCTOBER, 2010. SD/- SD/- (R.K. PANDA) (SUDHANSHU SRIVASTAVA) ACCOUNTANT MEMBER JUDICIAL MEMBER DATED:22 .10.2019 VEENA COPY FORWARDED TO 1. APPLICANT 2. RESPONDENT 3. CIT 4. CIT (A) 5. DR:ITAT ASSISTANT REGISTRAR ITAT, NEW DELHI