Narendra Gravure P.Ltd, New Delhi V. ITO, Ward-17(4), New Delhi

ITA 228/DEL/2019

• Counselvise Citation: [2021] 109 COUNSELVISE.COM (IT) 2906 (ITAT-DELHI)
• Duration Of Justice: 2 year(s) 1 month(s) 21 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 02-03-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: SMC
• Assessment Year: 2010-2011
• Appeal Filed On: 11-01-2019
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: R K GUPTA SENIOR
• Keywords: Set aside

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL (DELHI BENCH SMC-1 : NEW DELHI) BEFORE SHRI R.K. PANDA, ACCOUNTANT MEMBER AND SHRI KULDIP SINGH, JUDICIAL MEMBER (THROUGH VIDEO CONFERENCE) ITA NO.228/DEL./2019 (ASSESSMENT YEAR : 2010-11) M/S. NARENDRA GRAVURE P. LTD., VS. ITO, WARD 17 (4 ), C/O RRR TAXINDIA, NEW DELHI. D 28, SOUTH EXTENSION PART-1, NEW DELHI 110 049. (PAN : AACCN0957G) (APPELLANT) (RESPONDENT) ASSESSEE BY : SHRI DEEPAK GARG, ADVOCATE REVENUE BY : SHRI R.K. GUPTA, SENIOR DR DATE OF HEARING : 02.03.2021 DATE OF ORDER : 02.03.2021 O R D E R PER KULDIP SINGH, JUDICIAL MEMBER : APPELLANT, M/S. NARENDRA GRAVURE P. LTD. (HEREINAFT ER REFERRED TO AS THE ASSESSEE), BY FILING THE PRESE NT APPEAL, SOUGHT TO SET ASIDE THE IMPUGNED ORDER DATED 26.12.2018 PASSE D BY THE COMMISSIONER OF INCOME-TAX (APPEALS)-6, NEW DELHI Q UA THE ASSESSMENT YEAR 2010-11. ITA NO.228/DEL./2019 2 2. LD. COUNSEL FOR THE ASSESSEE FILED AN APPLICATIO N SEEKING WITHDRAWAL OF THE APPEAL ON THE GROUND THAT THE ASS ESSEE HAS OPTED TO SETTLE THE DISPUTE RELATING TO THE TAX ARREARS F OR THE ASSESSMENT YEAR UNDER CONSIDERATION UNDER THE VIVAD SE VISHWA S SCHEME, 2020 AND HAS FILED NECESSARY FORMS 1 & 2 WITH THE TAX DEPARTMENT, WHICH WAS ACCEPTED AND PROCESSED VIDE F ORM 3 ISSUED BY THE TAX DEPARTMENT. 3. KEEPING IN VIEW THE AFORESAID FACTS, PRESENT APP EAL IS HEREBY DISMISSED WITH LIBERTY TO GET IT RESTORED BY THE AS SESSEE IN CASE DISPUTE IS NOT SETTLED AS PER SCHEME. THE REVENUE HAS NO OBJECTION WITH REGARD TO THE AFORESAID CAVEAT. CONSEQUENTLY, THE PRESENT APPEAL IS DISMISSED. ORDER PRONOUNCED IN OPEN COURT ON THIS 2 ND DAY OF MARCH , 2021 AFTER THE CONCLUSION OF THE VIRTUAL HEARING. SD/- SD/- (R.K. PANDA) (KULDIP SINGH ) ACCOUNTANT MEMBER JUDICIAL MEMBER DATED THE 2 ND DAY OF MARCH, 2021 TS ITA NO.228/DEL./2019 3 COPY FORWARDED TO: 1.APPELLANT 2.RESPONDENT 3.CIT 4.CIT(A)-44, NEW DELHI 5.CIT(ITAT), NEW DELHI. AR, ITAT NEW DELHI.