Sanjeev Gupta, New Delhi V. ACIT, Circle-18(1), New Delhi

ITA 2324/DEL/2019

• Counselvise Citation: [2022] 105 COUNSELVISE.COM (IT) 1253 (ITAT-DELHI)
• Duration Of Justice: 3 year(s) 2 month(s) 11 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 24-05-2022
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: G
• Assessment Year: 2015-2016
• Appeal Filed On: 14-03-2019
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Section: 2; 43; 20

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL DELHI BENCH “G” DELHI BEFORE SHRI KUL BHARAT, JUDICIAL MEMBER & SHRI PRADIP KUMAR KEDIA, ACCOUNTANT MEMBER I.T.A. No.2324/DEL/2019 Assessment Year 2015-16 Sanjeev Gupta, C-34, 3 rd Floor South Extension, Part-2, New Delhi. v. ACIT, Circle-18(1), New Delhi TAN/PAN: AAHPG1456D (Appellant) (Respondent) Appellant by: None Respondent by: Shri Abhishek Kumar, Sr.DR Date of hearing: 25 05 2022 Date of pronouncement: 25 05 2022 O R D E R PER PRADIP KUMAR KEDIA, A.M.: The c apt io ne d ap p eal ha s be en f i le d at th e i ns ta nc e o f the ass es se e a ga in st t he or der of t he Co mmi s si on er of Inc o me Ta x (Ap pe al s) -X XX VI , Ne w De lhi d at ed 17 .0 1. 20 19 pa sse d un de r Sec ti on 1 43 (3 ) of t he In co me T ax Ac t, 19 61 ( th e Act). 2. The ca pt io ne d a ss ess ee ha s s ou gh t to wit hd ra w t he a ppe al lis te d a bo ve o n t he gr ou nd th at a sse ss ee ha s o pt ed to a va il be nef it s of ‘Vi va d se Vi sh was Sc he me , 2 02 0’ (VS V) . A s p er l et ter f il ed b y ass es se e, it i s su b mit te d th at as se ss e e d oe s no t see k to pu rs ue t he sai d a pp ea l o wi ng to e xe rc ise of op ti on f or av ail ing V S V S che me and co ns eq ue nt l y req ue st ed th at as ses se e’ s a pp l ica ti on f o r wit hd ra wa l of ap pe al ma y p l ea se be g r ant ed . I.T.A. No.2324/Del/2019 2 3. The ld . De pa rt me n tal Re pre se nt at ive f or the Re venu e st ate d tha t he ha s no ob je cti on t o w it hd ra w t he a pp eal in t he c ir cu mst an ce s nar ra te d o n be ha lf of th e as ses se e. 4. In t he l ig ht of wri tt en r eq ue st mad e o n beh alf of th e ca pt i one d par t y, th e a pp eal is dis mi ss ed a s w it hd raw n. Ho we ver , i n the e ve nt , the as se ss ee f a ils t o a vai l t he be nef i t of VS V S ch eme f o r an y b o na fid e r eas on s, th en t he a ss es see co nc er ned wi ll be a t libe rt y to see k res to ra tio n of o rig i nal ap pe al f or hea ri ng b ef or e IT AT in acc or da nce wit h la w. 5. In t he re su lt , t he c a pti on ed ap pe al of t he As sesse e i s d is m iss ed as wi th dr aw n. Order was pronounced in the open Court on 25/05/2022. Sd/- Sd/- [KUL BHARAT] [PRADIP KUMAR KEDIA] JUDICIAL MEMBER ACCOUNTANT MEMBER DATED: /05/2022 Prabhat