Milky Investment and Trading Company, New Delhi V. ITO, New Delhi

ITA 2103/DEL/2017

• Counselvise Citation: [2021] 109 COUNSELVISE.COM (IT) 4790 (ITAT-DELHI)
• Duration Of Justice: 3 year(s) 10 month(s) 2 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 10-02-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: E
• Assessment Year: 2011-2012
• Appeal Filed On: 07-04-2017
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: BARANWAL

Judgement Text

IN THE INCOME TAX APPELLATE TRI BUNAL DELHI BENCH C: NEW DELHI BEFORE, SHRI G. S. PANNU, VICE PRESIDENT AND SHRI K. NARASIMHA CHARY, JUDICIAL MEMBER I.T.A NO.2103/DEL/2017 (ASSESSMENT YEAR 2 011-12 ) M/S MILKY INVESTMENT & TRADING COMPANY, 4 TH FLOOR, PUNJAB BHAWAN, 10, ROUSE AVENUE, NEW DELHI-110 002. PAN-AAACM 0584A VS. ITO , WARD-6(4), NEW DELHI. (APPELLANT) (RESPONDENT) APPELLANT BY SH. M.P. RASTOGI, ADV. RESPONDENT BY SH. BARANWAL, SR. DR DATE OF HEARING 10.02.2021 DATE OF PRONOUNCEMENT 10.02.2021 ORDER PER G.S.PANNU, VP: THIS APPEAL BY THE ASSESSEE FOR THE ASSESSMEN T YEAR 2011-12 IS DIRECTED AGAINST THE ORDER OF LEARNED CI T(A)-6, DELHI DATED 15.02.2017. 2. THE LEARNED COUNSEL FOR THE ASSESSEE, VID E EMAIL DATED 08.02.2021 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 ASSESSM ENT YEAR UNDER 2 ITA NO.2103 /DEL/2 017 M/S MILKY INVESTMENT & TRADING CO. VS. ITO CONSIDERATION UNDER THE VIVAD SE VISHWAS SCHEME, 202 0. A CERTIFICATE TO THIS EFFECT UNDER SECTION 5(1) OF TH E DIRECT TAX VIVAD SE VISHWAS ACT, 2020 HAS ALSO BEEN FILED. 3. LEARNED SENIOR DR HAS NO OBJECTION. 4. IN VIEW OF THE ABOVE, WE ACCEPT THE REQUE ST OF THE ASSESSEE FOR WITHDRAWAL OF THE APPEAL. 5. IN THE RESULT, THE APPEAL OF THE ASSESSEE I S DISMISSED AS WITHDRAWN. ABOVE DECISION WAS ANNOUNCED IN THE PRESENCE OF BO TH THE SIDES ON CONCLUSION OF VIRTUAL HEARING ON 10 TH FEBRUARY, 2021. SD/- SD/- (K. NARASIMHA CHARY) (G.S.PANNU) JUDICIAL MEMBER VICE PRESIDENT PK/PS COPY FORWARDED TO: 1. APPELLANT 2. RESPONDENT 3. CIT 4. CIT(APPEALS) 5. DR: ITAT ASSISTANT REGISTRAR ITAT NEW DELHI