IN THE INCOME TAX APPELLATE TRIBUNAL IN THE INCOME TAX APPELLATE TRIBUNAL IN THE INCOME TAX APPELLATE TRIBUNAL IN THE INCOME TAX APPELLATE TRIBUNAL DELHI DELHI DELHI DELHI BENCH BENCH BENCH BENCH C CC C : NEW DELHI : NEW DELHI : NEW DELHI : NEW DELHI (THROUGH VIDEO CONFERENCING) (THROUGH VIDEO CONFERENCING) (THROUGH VIDEO CONFERENCING) (THROUGH VIDEO CONFERENCING) BEFORE SHRI G.S. PANNU BEFORE SHRI G.S. PANNU BEFORE SHRI G.S. PANNU BEFORE SHRI G.S. PANNU, ,, , VICE PRESIDENT AND VICE PRESIDENT AND VICE PRESIDENT AND VICE PRESIDENT AND SHRI AMIT SHUKLA SHRI AMIT SHUKLA SHRI AMIT SHUKLA SHRI AMIT SHUKLA, JUDICIAL MEMBER , JUDICIAL MEMBER , JUDICIAL MEMBER , JUDICIAL MEMBER ITA NO. ITA NO. ITA NO. ITA NO. 2355 2355 2355 2355 /DEL/20 /DEL/20 /DEL/20 /DEL/20 1 11 1 9 99 9 ASSESSMENT YEAR ASSESSMENT YEAR ASSESSMENT YEAR ASSESSMENT YEAR : : : : 20 2020 20 1 11 1 3 33 3 - -- - 14 1414 14 M/S NETAMBIT VALUE FIRST VALUE M/S NETAMBIT VALUE FIRST VALUE M/S NETAMBIT VALUE FIRST VALUE M/S NETAMBIT VALUE FIRST VALUE SERVICES PVT. LTD., A SERVICES PVT. LTD., A SERVICES PVT. LTD., A SERVICES PVT. LTD., A- -- -410, 1 410, 1 410, 1 410, 1 ST STST ST FLOOR, DEFENCE COLONY, NEW FLOOR, DEFENCE COLONY, NEW FLOOR, DEFENCE COLONY, NEW FLOOR, DEFENCE COLONY, NEW DELHI DELHI DELHI DELHI PAN PAN PAN PAN- -- -AACCN7778D AACCN7778D AACCN7778D AACCN7778D VS. VS. VS. VS. D DD D CIT, CIT, CIT, CIT, CIRCLE CIRCLE CIRCLE CIRCLE- -- -18(1) 18(1) 18(1) 18(1) NEW DELHI NEW DELHI NEW DELHI NEW DELHI (APPELLANT) (RESPONDENT) ITA NO. 4507/DEL/2018 ITA NO. 4507/DEL/2018 ITA NO. 4507/DEL/2018 ITA NO. 4507/DEL/2018 ASSESSMENT YEAR: 2014 ASSESSMENT YEAR: 2014 ASSESSMENT YEAR: 2014 ASSESSMENT YEAR: 2014- -- -15 1515 15 M/S NETAMBIT VALUE FIRST VALUE M/S NETAMBIT VALUE FIRST VALUE M/S NETAMBIT VALUE FIRST VALUE M/S NETAMBIT VALUE FIRST VALUE SERVICES PVT. SERVICES PVT. SERVICES PVT. SERVICES PVT. 90/31 90/31 90/31 90/31- -- -B, B,B, B, 1 11 1 ST STST ST FLOOR, MALVIYA NAGAR, SOUTH FLOOR, MALVIYA NAGAR, SOUTH FLOOR, MALVIYA NAGAR, SOUTH FLOOR, MALVIYA NAGAR, SOUTH DELHI, NEW DELHI DELHI, NEW DELHI DELHI, NEW DELHI DELHI, NEW DELHI PAN PAN PAN PAN- -- -AACCN7778D AACCN7778D AACCN7778D AACCN7778D VS. VS. VS. VS. DCIT, DCIT, DCIT, DCIT, CIRCLE CIRCLE CIRCLE CIRCLE- -- -18(1) 18(1) 18(1) 18(1) NEW DELHI NEW DELHI NEW DELHI NEW DELHI (APPELLANT) (RESPONDENT) APPELLANT BY : MS. UMANG LUTHRA, ADVOCATE & MS. SOUMYA JAIN, CA. RESPONDENT BY : SHRI. BHAGWATI CHARAN, SENIOR DR . DATE OF HEARING : 03 0303 03. .. .12 1212 12.2020 .2020 .2020 .2020 DATE OF PRONOUNCEMENT : 03.12 03.12 03.12 03.12.2020 .2020 .2020 .2020 ORDER ORDER ORDER ORDER PER G.S. PANNU PER G.S. PANNU PER G.S. PANNU PER G.S. PANNU, , , , VP VPVP VP : :: : THESE APPEALS BY THE ASSESSEES FOR THE ASSESSMENT YEARS 2013- 14 & 2014-16 ARE DIRECTED AGAINST THE ORDER OF LEAR NED CIT(A), DELHI DATED 28.01.2019 & 26.04.2018 RESPECTIVELY. 2. THE LEARNED COUNSEL FOR THE ASSESSEES, VIDE ITS LETTER DATED 25.11.2020, RECEIVED THROUGH EMAIL, HAS REQUESTED F OR WITHDRAWALS OF THE APPEALS FILED BY HIM AND STATED THAT THE ASSESS EES HAVE OPTED TO ITA-2355/DEL/2019 ITA-4507/DEL/2018 2 SETTLE THE DISPUTE RELATING TO THE TAX ARREARS FOR THE ASSESSMENT YEARS UNDER CONSIDERATION UNDER THE VIVAD SE VISHWAS SCHE ME, 2020. 3. LEARNED SENIOR DR HAS NO OBJECTION. 4. IN VIEW OF THE ABOVE, WE ACCEPT THE REQUEST OF T HE ASSESSEE FOR WITHDRAWAL OF THE APPEALS. 5. IN THE RESULT, THE APPEALS OF THE ASSESSEES ARE DISMISSED AS WITHDRAWN. ABOVE DECISION WAS ANNOUNCED ON CONCLUSION OF VIRT UAL HEARING IN THE PRESENCE OF BOTH THE PARTIES ON 03 RD DECEMBER, 2020. SD/- SD/- ( (( ( AMIT SHUKLA AMIT SHUKLA AMIT SHUKLA AMIT SHUKLA ) )) ) (G.S. PANNU (G.S. PANNU (G.S. PANNU (G.S. PANNU ) )) ) JUDICIAL JUDICIAL JUDICIAL JUDICIAL MEMBER MEMBER MEMBER MEMBER V VV V ICE PRESIDENT ICE PRESIDENT ICE PRESIDENT ICE PRESIDENT SH COPY FORWARDED TO: - 1. APPELLANT 2. RESPONDENT 3. CIT 4. CIT(A) 5. DR, ITAT BY ORDER ASSISTANT REGISTRAR