M/s Papico Coatings India P.Ltd., New Delhi V. DCIT, New Delhi

ITA 2162/DEL/2016

• Counselvise Citation: [2021] 109 COUNSELVISE.COM (IT) 6451 (ITAT-DELHI)
• Duration Of Justice: 4 year(s) 9 month(s) 12 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 02-02-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: D
• Assessment Year: 2011-2012
• Appeal Filed On: 21-04-2016
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: GURMEET SINGH

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL DELHI BENCHES D : DELHI [THROUGH VIDEO CONFERENCING] BEFORE SHRI BHAVNESH SAINI, JUDICIAL MEMBER AND SHRI PRASHANT MAHARISHI, ACCOUNTANT MEMBER ITA.NO.2162/DEL./2016 ASSESSMENT YEAR 2011-2012 M/S. PAPICO COATINGS INDIA (P) LTD., [FORMERLY KNOWN AS M/S. ROYAL COATS & COLOURS INDIA (P) LTD.,], 311, R.G. MALL, SU, LSC, OPPOSITE DHARAM KUNJ SOCIETY, SECTOR-9, ROHINI, DELHI 110 085. PAN AAKCS6122N [ VS. THE DCIT, CIRCLE-14(1), ROOM NO.221, C.R. BUILDING, NEW DELHI PIN 110 002 (APPELLANT) (RESPONDENT) FOR ASSESSEE : SHRI ANIL KUMAR, C.A. FOR REVENUE : SHRI GURMEET SINGH, SR. DR DATE OF HEARING : 02.02.2021 DATE OF PRONOUNCEMENT : 02.02.2021 ORDER PER BHAVNESH SAINI, J.M. THIS APPEAL BY ASSESSEE HAS BEEN DIRECTED AGAINST THE ORDER OF THE LD. CIT(A)-7, NEW DELHI, DATED 18.02.2016, FOR THE A.Y. 2011-2012. 2 ITA.NO.2162/DEL./2016 M/S. PAPICO COATINGS INDIA (P) LTD., DELHI. 2. LEARNED COUNSEL FOR THE ASSESSEE SEEKS PERMISSION TO WITHDRAW THE APPEAL AS THE MATTER IS SETTLED UNDER VIVAD SE VISHWAS SCHEME, 2020 AND REQUISITE FORM HAVE BEEN ISSUED IN FAVOUR OF THE ASSESSEE. 3. IN VIEW OF THE ABOVE, APPEAL OF ASSESSEE IS DISMISSED AS WITHDRAWN. 4. IN THE RESULT, APPEAL OF ASSESSEE DISMISSED. ORDER PRONOUNCED IN THE OPEN COURT. SD/- SD/- (PRASHANT MAHARISHI) (BHAVNESH SAINI) ACCOUNTANT MEMBER JUDICIAL MEMBER DELHI, DATED 02 ND FEBRUARY, 2021 VBP/- COPY TO 1. THE APPELLANT 2. THE RESPONDENT 3. CIT(A) CONCERNED 4. CIT CONCERNED 5. D.R. ITAT D BENCH, DELHI 6. GUARD FILE. // BY ORDER // ASSISTANT REGISTRAR : ITAT DELHI BENCHES : DELHI.