ACIT, New Delhi V. M/s Amrapali Silicon Pvt. Ltd., Delhi

ITA 1948/DEL/2017

• Counselvise Citation: [2021] 108 COUNSELVISE.COM (IT) 9667 (ITAT-DELHI)
• Duration Of Justice: 3 year(s) 11 month(s) 16 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 17-03-2021
• Appeal Filed By: Department
• Order Result: Dismissed
• Bench Allotted: A
• Assessment Year: 2011-2012
• Appeal Filed On: 31-03-2017
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Department Lawyers: SATPAL GULATI
• Assessee Lawyers: N O N E

Judgement Text

PAGE | 1 INCOME TAX APPELLATE TRIBUNAL [ DELHI BENCH A: NEW DELHI ] BEFORE SHRI AMIT SHUKLA, JUDICIAL MEMBER AND SHRI PRASHANT MAHARISHI, ACCOUNTANT MEMBER ITA NOS. 1948, 1949, 1950 & 1951/DEL/2017 (ASSESSMENT YEARS: 2011-12, 2012-13, 2013-14 & 2014-15) A CIT, CENTRAL CIRCLE1, NEW DELHI. VS. M/S. AMRAPALI SILICON PVT. LTD., R/O. 307, 3 RD FLOOR, NIPUN TOWER, COMMUNITY CENTRE, KARKARDOOMA, DELHI 110 092. PAN: AAICA2629L (APPELLANT ) (RESPONDENT S ) ITA NO. 3320/DEL/2017 (ASSESSMENT YEAR: 2013-14) A CIT, CENTRAL CIRCLE1, NEW DELHI. VS. M/S. AMRAPALI DREAM VALLEY PVT. LTD., R/O. 307, 3 RD FLOOR, NIPUN TOWER, COMMUNITY CENTRE, KARKARDOOMA, DELHI 110 092. PAN: AAICA9375K ITA NOS. 3322 & 3324/DEL/2017 (ASSESSMENT YEARS: 2010-11 & 2014-15) A CIT, CENTRAL CIRCLE1, NEW DELHI. VS. M/S. AMRAPALI EDEN PARK DEVELOPERS PVT. LTD., R/O. 307, 3 RD FLOOR, NIPUN TOWER, COMMUNITY CENTRE, KARKARDOOMA, DELHI 110 092. PAN: AAHCA6217B ITA NO. 4322/DEL/2017 (ASSESSMENT YEAR: 2013-14) A CIT, CENTRAL CIRCLE1, NEW DELHI. VS. M/S. AMRAPALI CENTURIAN PARK PVT. LTD., R/O. 307, 3 RD FLOOR, NIPUN TOWER, COMMUNITY CENTRE, KARKARDOOMA, DELHI 110 092. PAN: AAICA8350N ITA NOS. 4323, 4324, 4325 & 4326/DEL/2017 (ASSESSMENT YEARS: 2011-12, 2012-13, 2013-14 & 2014-15) PAGE | 2 A CIT, CENTRAL CIRCLE1, NEW DELHI. VS. M/S. AMRAPALI PRINCELY ESTATE PVT. LTD., R/O. 307, 3 RD FLOOR, NIPUN TOWER, COMMUNITY CENTRE, KARKARDOOMA, DELHI 110 092. PAN: AAICA2631A ITA NOS. 4327, 4329, 4364 & 4367/DEL/2017 (ASSESSMENT YEARS: 2011-12, 2013-14, 2011-12 & 2014-15) A CIT, CENTRAL CIRCLE1, NEW DELHI. VS. M/S. AMRAPALI LEISURE VALLEY DEVELOPERS PVT. LTD., R/O. 307, 3 RD FLOOR, NIPUN TOWER, COMMUNITY CENTRE, KARKARDOOMA, DELHI 110 092. PAN: AAICA5576A ITA NO. 4330/DEL/2017 (ASSESSMENT YEAR: 2011-12) A CIT, CENTRAL CIRCLE1, NEW DELHI. VS. M/S. AMRAPALI SMART CITY DEVELOPERS PVT. LTD., R/O. 307, 3 RD FLOOR, NIPUN TOWER, COMMUNITY CENTRE, KARKARDOOMA, DELHI 110 092. PAN: AAICA5988Q ITA NOS. 4371 & 4372/DEL/2017 (ASSESSMENT YEARS: 2013-14 & 2014-15) A CIT, CENTRAL CIRCLE1, NEW DELHI. VS. M/S. AMRAPALI ZODIAC DEVELOPERS PVT. LTD., R/O. 307, 3 RD FLOOR, NIPUN TOWER, COMMUNITY CENTRE, KARKARDOOMA, DELHI 110 092. PAN: AAHCA1193M ITA NO. 4857/DEL/2017 (ASSESSMENT YEAR: 2014-15) A CIT, CENTRAL CIRCLE1, NEW DELHI. VS. M/S. AMRAPALI MEDIA VISION PVT. LTD., R/O. 307, 3 RD FLOOR, NIPUN TOWER, COMMUNITY CENTRE, KARKARDOOMA, DELHI 110 092. PAN: AAHCA8651P (APPELLANT ) (RESPONDENT S ) PAGE | 3 ASSESSEE BY : N O N E; REVENUE BY: SHRI SAT PAL GULATI [CIT] DR; DATE OF HEARING 1 7 /03/2021 DATE OF PRONOUNCEMENT 1 7 /03/2021 O R D E R PER BENCH : 1. THESE ARE THE BUNCH OF 20 APPEALS FILED BY THE LD. ASSESSING OFFICER AGAINST THE ORDER OF THE LD. COMMISSIONER OF INCOME TAX (APPEALS) IN THE CASE OF AMRAPALI GROUP. 2. AT THE TIME OF HEARING NONE APPEARED ON BEHALF OF THE ASSESSEE. 3. THE LD. [CIT] DR SUBMITTED THAT THESE ARE THE 20 APPEALS RELATED TO AMRAPALI GROUP, WHICH HAS GONE INTO INSOLVENCY PROCEEDINGS UNDER INSOLVENCY & BANKRUPTCY CODE, 2016. 4. ON CAREFUL CONSIDERATION AND IN VIEW OF THE FACT THAT AMRAPALI GROUP IS UNDERGOING INSOLVENCY PROCEEDINGS UNDER INSOLVENCY & BANKRUPTCY CODE, 2016. FURTHER IN THE LEAD COMPANY AMRAPALI SILICON PVT. LTD., THE INTERIM RESOLUTION PROFESSIONAL HAS ALREADY BEEN APPOINTED. THEREFORE, ACCORDING TO SECTION 14 OF THE INSOLVENCY & BANKRUPTCY CODE, 2016, NO PROCEEDINGS CAN CONTINUE AGAINST THE CORPORATE DEBTOR I.E. ASSESEE. THESE ARE ALL THE APPEALS FILED BY THE LD AO IN RESPECTIVE CASES. IN VIEW OF THIS, ALL THESE 20 APPEALS FILED BY THE LD. ASSESSING OFFICER ARE DISMISSED. HOWEVER, LD. AO IS AT LIBERTY TO MAKE AN APPLICATION FOR RE-INSTITUTION OF THESE APPEALS AFTER THE RESOLUTION PROCESS ENDS UNDER IBC 2016. 5. IN VIEW OF THIS, WE DISMISS ALL THE 20 APPEALS CAPTIONED ABOVE WITH ABOVE DIRECTION. ORDER PRONOUNCED IN THE OPEN COURT ON 17.03.2021. SD/- SD/- ( AMIT SHUKLA ) (PRASHANT MAHARISHI) JUDICIAL MEMBER ACCOUNTANT MEMBER DATED : 17.03.2021. *MEHTA* PAGE | 4 COPY FORWARDED TO 1. APPELLANT; 2. RESPONDENTS; 3. CIT; 4. CIT (APPEALS) 5. DR: ITAT ASSISTANT REGISTRAR ITAT, NEW DELHI DATE OF DICTATION 1 7 .03.2021 DATE ON WHICH THE TYPED DRAFT IS PLACED BEFORE THE DICTATING MEMBER 1 7 .03.2021 DATE ON WHICH THE TYPED DRAFT IS PLACED BEFORE THE OTHER MEMBER 1 7 .03.2021 DATE ON WHICH THE APPROVED DRAFT COMES TO THE SR. PS/ PS 1 7 .03.2021 DATE ON WHICH THE FAIR ORDER IS PLACED BEFORE THE DICTATING MEMBER FOR PRONOUNCEMENT 1 7 .03.2021 DATE ON WHICH THE FAIR ORDER COMES BACK TO THE SR. PS/ PS 1 7 .03.2021 DATE ON WHICH THE FINAL ORDER IS UPLOADED ON THE WEBSITE OF ITAT 1 7 .03.2021 DATE ON WHICH THE FILE GOES TO THE BENCH CLERK 1 7 .03.2021 DATE ON WHICH THE FILE GOES TO THE HEAD CLERK THE DATE ON WHICH THE FILE GOES TO THE ASSISTANT REGISTRAR FOR SIGNATURE ON THE ORDER DATE OF DISPATCH OF THE ORDER PAGE | 5