Udhyam Merchandise Pvt Ltd, New Delhi V. ITO WARD - 27(2), New Delhi

ITA 1659/DEL/2020

• Counselvise Citation: [2021] 109 COUNSELVISE.COM (IT) 0259 (ITAT-DELHI)
• Duration Of Justice: 5 month(s) 5 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 12-03-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: G
• Assessment Year: 2011-2012
• Appeal Filed On: 07-10-2020
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: M BARNWAL
• Assessee Lawyers: V K JAIN

Judgement Text

1 IN THE INCOME TAX APPELLATE TRIBUNAL DELHI BENCH A NEW DELHI (THROUGH VIDEO CONFERENCING) BEFORE SHRI G.S. PANNU, VICE PRESIDENT AN D SHRI K.N. CHARY, JUDICIAL MEMBER ITA NO. 1659/ DEL/2020 ASSESSME NT YEAR 2011-12 M/S UDHYAM MERCHANDISE PVT. LTD., 108, ANSAL BHAWAN, 16, K.G. MARG, NEW DELHI-110001 (PAN: AAA-CU-3045-L) VS INCOME TAX OFFICER, WARD 27(2), NEW DELHI. (APPELLANT) (RESPONDENT) APPELLANT BY: SHRI V.K. JAIN, CA RESPONDENT BY: SHRI M. BARNWAL, SR. DR DATE OF HEARING : 12.03.2021 DATE OF PRONOUNCEMENT : 12.03.2021 ORDER PER G.S. PANNU, VICE PRESIDENT THIS APPEAL BY THE ASSESSEE IS DIRECTED AGAINST THE ORDER OF LEARNED COMMISSIONER OF INCOME TAX(A)-9, NEW DELHI DATED 1 4.08.2020 AND PERTAINS TO ASSESSMENT YEAR 2011-12. 2. THE LEARNED COUNSEL FOR THE ASSESSEE, VIDE LETT ER DATED 29.01.2021 AS WELL AS EMAIL DATED 2.3.2021, HAS REQUESTED FOR WITHDRAW AL OF THE APPEAL AND STATED THAT THE ASSESSEE HAS OPTED TO SETTLE THE DISPUTE R ELATING TO THE TAX ARREARS FOR THE ITA 1659/D/2020 ASSESSMENT YEAR UNDER CONSIDERATION UNDER THE VIVAD SE VISHWAS SCHEME, 2020. A CERTIFICATE TO THIS EFFECT UNDER SECTION 5 (1) OF THE DIRECT TAX VIVAD SE VISHWAS ACT, 2020 HAS ALSO BEEN FILED. 3. LEARNED SENIOR DR HAS NO OBJECTION. 4. IN VIEW OF THE ABOVE, WE ACCEPT THE REQUEST O F THE ASSESSEE FOR WITHDRAWAL OF THE APPEAL. 5. IN THE RESULT, THE APPEAL OF THE ASSESSEE IS DIS MISSED AS WITHDRAWN. ABOVE DECISION WAS ANNOUNCED ON CONCLUSION OF VIRTU AL HEARING IN THE PRESENCE OF BOTH THE PARTIES ON 12 TH MARCH, 2021. SD/- SD/- (K.N. CHARY) ( G.S. PANNU ) JUDICIAL MEMBER VICE PRE SIDENT GS COPY FORWARDED TO: - 1. APPELLANT 2. RESPONDENT 3. CIT 4. CIT(A) 5. DR, ITAT BY ORDER ASSISTANT REGISTRAR