Kapil Gupta (HUF), Gurgaon V. ITO Ward-48(1), New Delhi

ITA 2048/DEL/2019

• Counselvise Citation: [2022] 105 COUNSELVISE.COM (IT) 9551 (ITAT-DELHI)
• Duration Of Justice: 2 year(s) 10 month(s) 22 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 27-01-2022
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: SMC
• Assessment Year: 2014-2015
• Appeal Filed On: 07-03-2019
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Assessee Lawyers: PUNEET KUMAR

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL DELHI BENCH ‘SMC-FRIDAY’ : NEW DELHI (Through Video Conferencing) BEFORE SHRI G.S. PANNU, HON’BLE PRESIDENT AND SHRI AMIT SHUKLA, HON’BLE JUDICIAL MEMBER ITA No. 2048/Del/2019 Assessmen t Year : 2014-15 KAPIL GUPTA (HUF), HOUSE NO. 405, SECTOR-14, GURUGRAM, HARYANA-122001 (PAN: AAAHK1968B) Vs. ITO, WARD 48(1), NEW DELHI (Appellant) (Respondent) Appellant by : Sh. Puneet Kumar, CA Respondent by : Sh. Umesh Takyar, Sr. DR. Date of hearing : 28.01.2022 Date of pronouncement : 28.01.2022 ORDER PER G.S. PANNU, PRESIDENT : This appeal by the assessee for the assessment year 2014-15 is directed against the order of L earned CIT(A)-16,New Delhi. 2. At the time of hearing, Ld. AR for the assessee has requested for withdrawal of the appeal filed by the assessee and stated that the assessee has opted to settle the dispute relating to the tax arrears for the 2 assessment year under c onsideration under the Vivad Se Vishwas Scheme. He further submitted that the assessee has filed Form 4 under VSVS, 2020 Act and is waiting for the issue of a Certificate of immunity and settlement of dispute in Form5 by the prescribed authority. 3. Learned Senior DR has no objection. 4. In view of the above, we accept the request of the assessee’s A.R. for withdrawal of the aforesaid appeal. 5. In the result, the appeal of the assessee is dismissed as withdrawn. Above decision was pronounced on conclusion of Virtual Hearing on 28 th January, 2022. Sd/- Sd/- (AMIT SHUKLA) (G.S. PANNU) JUDICIAL MEMBER PRESIDENT SRB Copy forwarded to: - 1. Appellant. 2. Respondent. 3. CIT 4. CIT(A) 5. DR, ITAT Assistant Registrar, ITAT, DELHI BENCHES