M/s. Metro Ortem Ltd., Delhi V. DCIT, New Delhi

ITA 1630/DEL/2016

• Counselvise Citation: [2021] 109 COUNSELVISE.COM (IT) 7063 (ITAT-DELHI)
• Duration Of Justice: 4 year(s) 9 month(s) 30 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 28-01-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: C
• Assessment Year: 2007-2008
• Appeal Filed On: 29-03-2016
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: NIDHI SRIVASTAVA
• Assessee Lawyers: SUMIT LAL CHANDANI S
• Section: 22

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 BENCH BENCH BENCH BENCH B BB B : NEW DELHI : NEW DELHI : NEW DELHI : NEW DELHI (THROUGH VIDEO CONFERENCING) (THROUGH VIDEO CONFERENCING) (THROUGH VIDEO CONFERENCING) (THROUGH VIDEO CONFERENCING) BEFORE SHRI G.S. PANNU BEFORE SHRI G.S. PANNU BEFORE SHRI G.S. PANNU BEFORE SHRI G.S. PANNU, ,, , VICE PRESIDENT AND VICE PRESIDENT AND VICE PRESIDENT AND VICE PRESIDENT AND SHRI SHRI SHRI SHRI MAHAVIR PRASAD MAHAVIR PRASAD MAHAVIR PRASAD MAHAVIR PRASAD , JUDICIAL MEMBER , JUDICIAL MEMBER , JUDICIAL MEMBER , JUDICIAL MEMBER ITA NO ITA NO ITA NO ITA NO . .. . 1629/DEL/2016, 1630/DEL/2016 & 1631/DEL/2016 1629/DEL/2016, 1630/DEL/2016 & 1631/DEL/2016 1629/DEL/2016, 1630/DEL/2016 & 1631/DEL/2016 1629/DEL/2016, 1630/DEL/2016 & 1631/DEL/2016 ASSESSMENT YEA ASSESSMENT YEA ASSESSMENT YEA ASSESSMENT YEA RS : 2006 RS : 2006 RS : 2006 RS : 2006 - -- - 07 0707 07 , 2007 , 2007 , 2007 , 2007 - -- - 08 & 2008 08 & 2008 08 & 2008 08 & 2008 - -- - 09 0909 09 M/S METRO ORTEM LTD., M/S METRO ORTEM LTD., M/S METRO ORTEM LTD., M/S METRO ORTEM LTD., 134/4 & 135/5, 134/4 & 135/5, 134/4 & 135/5, 134/4 & 135/5, NEW AJIT ARCADE, NEW AJIT ARCADE, NEW AJIT ARCADE, NEW AJIT ARCADE, KAILASH COLONY, KAILASH COLONY, KAILASH COLONY, KAILASH COLONY, NEW NEW NEW NEW DELHI DELHI DELHI DELHI 110 048. 110 048. 110 048. 110 048. PAN : AAACM3393H. PAN : AAACM3393H. PAN : AAACM3393H. PAN : AAACM3393H. VS. VS. VS. VS. DEPUTY COMMISSIONER OF DEPUTY COMMISSIONER OF DEPUTY COMMISSIONER OF DEPUTY COMMISSIONER OF INCOME TAX, INCOME TAX, INCOME TAX, INCOME TAX, CENTRAL CIRCLE CENTRAL CIRCLE CENTRAL CIRCLE CENTRAL CIRCLE- -- -05, 05, 05, 05, NEW DELHI. NEW DELHI. NEW DELHI. NEW DELHI. (APPELLANT) (RESPONDENT) APPELLANT BY : SHRI S ALIL KAPOOR AND SHRI SUMIT LALCHANDANI, ADVOCATES. RESPONDENT BY : MS. NIDHI SRIVASTAVA, CIT - DR. DATE OF HEARING : 2 22 28 88 8.01.2021 .01.2021 .01.2021 .01.2021 DATE OF PRONOUNCEMENT : 28 2828 28.01 .01.01 .01. .. .2021 2021 2021 2021 ORDER ORDER ORDER ORDER PER MAHAVIR PRASAD, JM PER MAHAVIR PRASAD, JM PER MAHAVIR PRASAD, JM PER MAHAVIR PRASAD, JM : :: : THESE APPEALS BY THE ASSESSEE FOR THE ASSESSMENT Y EARS 2006- 07 TO 2008-09 ARE DIRECTED AGAINST THE ORDER OF LEA RNED CIT(A)-24, NEW DELHI DATED 28 TH JANUARY, 2016. 2. THE LEARNED COUNSEL FOR THE ASSESSEE, VIDE LETTE R DATED 27 TH JANUARY, 2021 HAS REQUESTED FOR WITHDRAWAL OF THE A PPEALS FILED BY THE ASSESSEE AND STATED THAT THE ASSESSEE HAS OPTED TO SETTLE THE DISPUTE RELATING TO THE TAX ARREARS FOR THE ASSESSMENT YEAR S UNDER CONSIDERATION UNDER THE VIVAD SE VISHWAS SCHEME, 20 20. CERTIFICATES TO THIS EFFECT UNDER SECTION 5(1) OF THE DIRECT TAX VIVAD SE VISHWAS ACT, 2020 HAVE ALSO BEEN FILED. ITA-1629 TO 1631/DEL/2016 2 3. LEARNED CIT-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 IN THE PRESENCE OF BOT H THE SIDES ON CONCLUSION OF VIRTUAL HEARING ON 28 TH JANUARY, 2021. SD/- SD/- (G.S. PANNU (G.S. PANNU (G.S. PANNU (G.S. PANNU ) )) ) (MAHAVIR PRASAD (MAHAVIR PRASAD (MAHAVIR PRASAD (MAHAVIR PRASAD ) )) ) VICE PRESIDENT VICE PRESIDENT VICE PRESIDENT VICE PRESIDENT JUDICIAL MEMBER JUDICIAL MEMBER JUDICIAL MEMBER JUDICIAL MEMBER VK. COPY FORWARDED TO: - 1. APPELLANT 2. RESPONDENT 3. CIT 4. CIT(A) 5. DR, ITAT ASSISTANT REGISTRAR