Ved Foundation, New Delhi V. DIT(E), New Delhi

ITA 2155/DEL/2012

• Counselvise Citation: [2015] 140 COUNSELVISE.COM (IT) 86524 (ITAT-DELHI)
• Duration Of Justice: 2 year(s) 8 month(s) 1 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 08-01-2015
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: H
• Next Hearing Date: 07-01-2015
• Assessment Year: 2007-2008
• Appeal Filed On: 07-05-2012
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: J P CHANDRAKAR
• Keywords: Revision of order
• Section: 263

Judgement Text

ITA NO. 2155 / DEL/2012 ASSTT. YEAR: 2007 - 08 1 IN THE INCOME TAX APPELLATE TRIBUNAL DELHI BENCH H NEW DELHI BEFORE SHRI R.S. SYAL , ACCOUNTANT MEMBER AND SHRI A.T. VARKEY , JUDICIAL MEMBER ITA NO. 2155/DEL/2012 ASSESSMENT YEA R: 2007 - 08 VED FOUNDATION VS. DIT(E) B - 217 LAXMI NAGAR, YOJANA VIHAR DISTRICT CENTRE NEW DELHI 110 092. NE W DELHI 110 092. (PAN A A A TV5586G ) (APPELLANT) (RESPONDENT) APPELLANT BY: NONE RESPONDENT BY: SHRI J.P. CHANDRAKAR, SR. DR O R D E R PER A.T. VARKEY , JUDICIAL MEMBER THIS APPEAL HAS BEEN FILED BY THE ASSESSEE AGAINST THE OR DER OF THE DIT(E) DELHI DATED 12 .3.2012 FOR 2007 - 08 ASSTT. YEAR. 2. AT THE OUTSET THE LD. DR TOOK OUR ATTENTION TO A LETTER OF THE LD. AR REQUESTING TH AT TH IS APPEAL MAY BE ALLOWED TO BE WITHDRAWN FOR THE REASON THAT PURSUANT TO THE ORDER DATED 9 TH MARCH 2012 OF LD. CIT U/S 263 OF THE I NCOME T AX ACT, 1961 (HEREINAFTER THE ACT) THE ASSESSMENT O RDER HAS BEEN PASSED BY THE AO. ON APPEAL, THE LD. CIT(A) VIDE ORDER NO. 1048 & 1049 U/S 250 (6) DATED 27.3.2014 , HAS ALLOWED THE RELIEF AND THE ENTIRE QUANT UM ADDITION HAS BEEN ITA NO. 2155 / DEL/2012 ASSTT. YEAR: 2007 - 08 2 DELETED. HENCE THE PRESENT APPEAL REMAINS ONLY OF ACADEMIC NATURE. THEREFORE, THE APPELLANT WANTS TO WITHDRAW THE APPEAL . 3. THE LD. DR DOES NOT HAVE ANY OBJECTION FOR THE SAID REQUEST OF THE AR. 4. WE HAVE GONE THROUGH THE REQUEST SUBMITTED BY THE LD. AR AND SINCE THE DR DOES NOT HAVE ANY OBJECTION, THE APPEAL IS ALLOWED TO BE WITHDRAWN . 5 . IN THE RESULT THE APPEAL OF THE ASSESSEE IS DISMISSED AS WITHDRAWN . PRONOUNCED IN THE OPEN COURT ON 08 TH JANUARY, 2015 . - SD/ - - SD/ - ( R.S. SYAL ) ( A.T. VARKEY ) ACCOUNTANT MEMBER JUDICIAL MEMBER DATED :08 TH JANUARY, 2015 VEENA COPY OF ORDER FORWARDED TO: 1. APPELLANT 2. RESPONDENT 3. CIT(A) 4. CIT 5. DR BY ORDER DEPUTY REGISTRAR, ITAT