Parnika Commercial Estates Pvt. Ltd., New Delhi V. DCIT Circle-19(2), New Delhi

ITA 1983/DEL/2019

• Counselvise Citation: [2021] 108 COUNSELVISE.COM (IT) 5098 (ITAT-DELHI)
• Duration Of Justice: 2 year(s) 1 month(s) 9 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 15-04-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: F
• Assessment Year: 2007-2008
• Appeal Filed On: 06-03-2019
• Result in Favour of: Revenue
• Court: TRIBUNAL

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL, DELHI BENCH: C NEW DELHI BEFORE SHRI G.S. PANNU, VICE PRESIDENT AND SHRI KUL BHARAT, JUDICIAL MEMBER [THROUGH VIDEO CONFERENCING ] ITA NO.1983/DEL./2019 ASSESSMENT YEAR: 2007-08 M/S. PARNIKA COMMERCIAL ESTATES PVT. LTD., D-64, 6 TH FLOOR, HIMALAYA HOUSE, 23, K.G. MARG, NEW DELHI VS. DCIT, CIRCLE-19(2), NEW DELHI PAN : AAACPO0555C (APPELLANT) (RESPONDENT) ORDER PER G.S. PANNU, VP: THIS APPEAL BY THE ASSESSEE FOR THE ASSESSMENT YEA R 2007-08 IS DIRECTED AGAINST THE ORDER OF LEARNED CIT(A)-7, NEW DELHI, DATED 12.02.2019. 2. NONE APPEARED ON BEHALF OF THE ASSESSEE AT THE T IME OF VIRTUAL HEARING BEFORE US. THE ASSESSEE, VIDE ITS LETTER DATED 25 TH MARCH, 2021, RECEIVED THROUGH EMAIL, HAS REQUESTED FOR WITHDRAWAL OF THE APPEAL AND STATED THAT IT HAS OPTED TO SETTLE THE DISPUTE RELATING TO THE TAX ARREARS FOR THE ASSESSMENT YEAR UNDER CONSIDERATION UNDER THE VIVAD SE VISHWA S SCHEME, 2020. A CERTIFICATE TO THIS EFFECT UNDER SECTION 5(1) OF TH E DIRECT TAX VIVAD SE VISHWAS ACT, 2020 HAS ALSO BEEN FILED. APPELLANT BY NONE RESPONDENT BY SHRI R.K. GUPTA, SR.DR DATE OF HEARING 15.04.2021 DATE OF PRONOUNCEMENT 15.04.2021 2 ITA NO.1983/DEL./2019 3. LEARNED SENIOR 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 IN THE RESULT, THE APPEAL OF THE ASSESSEE IS DIS MISSED AS WITHDRAWN.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 ON CONCLUSION OF VIRTUAL HEARING ON 15 TH APRIL, 2021 SD/- SD/- ( KUL BHARAT ) (G.S. PANNU) JUDICIAL MEMBER VICE PRESIDENT RK/- COPY FORWARDED TO: 1. APPELLANT 2. RESPONDENT 3. CIT 4. CIT(A) 5. DR ASST. REGISTRAR, ITAT, NEW DELHI