Fibcom India Ltd, New Delhi V. ACIT Circle-9(1), New Delhi

ITA 1805/DEL/2020

• Counselvise Citation: [2022] 106 COUNSELVISE.COM (IT) 6489 (ITAT-DELHI)
• Duration Of Justice: 1 year(s) 9 month(s) 14 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 15-08-2022
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: B
• Assessment Year: 2014-2015
• Appeal Filed On: 01-11-2020
• Result in Favour of: Revenue
• Court: TRIBUNAL

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL DELHI BENCH : B : NEW DELHI BEFORE SHRI C.M. GARG, JUDICIAL MEMBER AND SHRI ANADEE NATH MISSHRA, ACCOUNTANT MEMBER ITA No.1805/Del/2020 Assessment Year: 2014-15 Fibcom India Ltd., LGF-84, World Trade Centre, Barakhamba Lane, New Delhi. PAN: AAACF2237P Vs. ACIT, Circle-9(1), New Delhi. (Appellant) (Respondent) Assessee by : Shri Sidhant Arora, CA Revenue by : None Date of Hearing : 16.08.2022 Date of Pronouncement : 16.08.2022 ORDER PER C.M. GARG, JM: This appeal filed by the assessee is directed against the order dated 11.05.2018 of the CIT(A)-3, Delhi, relating to Assessment Year 2014-15. 2. The ld. Counsel for the assessee, at the time of hearing, sought withdrawal of the appeal filed by the assessee stating that the assessee has opted to settle the dispute relating to the tax arrears for the assessment year under consideration under the Vivad Se Vishwas Scheme, 2020. The assessee has obtained Form No.5 from the Department, copy of which has been placed on record. He accordingly submitted that this appeal may be allowed to be withdrawn. ITA No.1805/Del/2020 2 3. None appeared on behalf of the Department. The Sr. DR has filed an application dated 11.08.2022 for adjournment of the case to a convenient date. 4. In view of the request of the assessee for withdrawal of the appeal under Vivad Se Vishwas Scheme, 2020, we allow the assessee to withdraw the appeal. 5. In the result, the appeal filed by the assessee is dismissed. Order pronounced in the open court on conclusion of the hearing on 16.08.2022. Sd/- Sd/- (ANADEE NATH MISSRA) (C.M. GARG) ACCOUNTANT MEMBER JUDICIAL MEMBER Dated: 16 th August, 2022. dk Copy forwarded to : 1. Appellant 2. Respondent 3. CIT 4. CIT(A) 5. DR Asstt. Registrar, ITAT, New Delhi