BHARAT INDUSTRIAL ENTERPRISES LTD., KARNAL V. ACIT, CIRCLE, KARNAL

ITA 1667/DEL/2018

• Counselvise Citation: [2021] 108 COUNSELVISE.COM (IT) 1017 (ITAT-DELHI)
• Duration Of Justice: 3 year(s) 3 month(s) 29 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 08-07-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: A
• Assessment Year: 2013-2014
• Appeal Filed On: 09-03-2018
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: SATPAL GULATI
• Assessee Lawyers: RAKESH JAIN

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL DELHI BENCH A NEW DLEHI BEFORE SHRI PRASHANT MAHARISHI, ACCOUNTANT MEMBER AND SHRI K. NARASIMHA CHARY, JUDICIAL MEMBER ITA NO.1667/DEL/2018 ASSESSMENT YEAR: 2013-14 BHARAT INDUSTRIES ENTERPRISES LTD. VS. ACIT, CIRCL E TARATORI, KARNAL (HARYANA) KARNAL. PAN : AABCB2611C (APPELLANT) (RESPONDENT) APPELLANT BY : SH. RAKESH JAIN, ADVOCATE RESPONDENT BY: SH. SATPAL GULATI, CIT/DR DATE OF HEARING: 08/07/2021 DATE OF ORDER : 08/07/2021 ORDER PER K. NARASIMHA CHARY, J.M. THIS APPEAL BY THE ASSESSEE FOR THE ASSESSMENT YEA R 2013-14 IS DIRECTED AGAINST THE ORDER OF LD. CIT(A)-KARNAL DA TED 29.12.2017 2. AT THE TIME OF VIRTUAL HEARING BEFORE US, THE LE ARNED COUNSEL FOR THE ASSESSEE, VIDE ITS LETTER DATED NIL HAS REQUEST ED FOR WITHDRAWAL OF THE APPEAL FILED BY HIM AND STATED THAT THE ASSESSEE HA S OPTED TO SETTLE THE DISPUTE RELATING TO THE TAX ARREARS FOR THE ASSESSM ENT YEAR UNDER CONSIDERATION UNDER THE VIVAD SE VISHWAS SCHEME, 2 020. A CERTIFICATE TO THIS EFFECT UNDER SECTION 5(1) OF THE DIRECT TAX VIVAD SE VISHWAS ACT, 2020 HAS ALSO BEEN FILED. 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 APPEAL. 5. IN THE RESULT, THE APPEAL OF THE ASSESSEE IS DIS MISSED AS WITHDRAWN. ABOVE DECISION WAS ANNOUNCED IN THE OPEN COURT ON C ONCLUSION OF VIRTUAL HEARING ON 8 TH JULY, 2021. SD/- SD/- (PRASHANT MAHARISHI) (K. NARASIMHA CHARY) ACCOUNTANT MEMBER JUDICIAL MEMBER DATED: 08/07/2021 AKS