CBS Steel (P) Ltd., Delhi V. Pr. CIT- 2, New Delhi

ITA 2477/DEL/2017

• Counselvise Citation: [2022] 106 COUNSELVISE.COM (IT) 0522 (ITAT-DELHI)
• Duration Of Justice: 4 year(s) 8 month(s) 12 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 05-01-2022
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: B
• Assessment Year: 2012-2013
• Appeal Filed On: 24-04-2017
• Result in Favour of: Revenue
• Court: TRIBUNAL

Judgement Text

1 ITA No. 2477/Del/2017 IN THE INCOME TAX APPELLATE TRIBUNAL DELHI BENCH: ‘B’ NEW DELHI BEFORE SHRI R. K. PANDA ACCOUNTANT MEMBER AND SHRI N. K. CHOUDHARY, JUDICIAL MEMBER I.T.A. No. 2477/DEL/2017 (A.Y 2012-13) (THROUGH VIDEO CONFERENCING) CBS Steel (P) Ltd. (Now JSD Steel (P) Ltd.) M/s S. B. Garg & Co. CAs, 20/17, Shakti Nagar, Delhi AACCC7004P (APPELLANT) Vs Pr. CIT-2 New Delhi (RESPONDENT) ORDER PER N. K. CHOUDHARY, JM This appeal is filed by the assessee against the order dated 30/03/2017 passed by Pr. CIT-2, New Delhi for Assessment Year 2012-13. 2. Before us, the Ld. AR submitted that the assessee has moved an application to resolve the pending issue through Direct Tax “Vivad se Vishwas Scheme” (VSVS) Act, 2020, and has filed Declaration Form No. 1 & 2 and received Form No. 3 dated 27/05/2021. 3. In view of the aforesaid facts and after considering the submissions of the assessee, we dismiss the appeal of assessee as withdrawn subject to a caveat that in case the dispute relating to tax arrears for the captioned assessment year is not ultimately resolved in terms of the aforesaid Act, the Appellant by Sh. Sachin Kumar, CA Respondent by Sh. Harpal Singh Kharb, Sr. DR Date of Hearing 06.01.2022 Date of Pronouncement 06.01.2022 2 ITA No. 2477/Del/2017 assessee shall be at liberty to approach the Tribunal for restoration of the appeal and the Tribunal shall consider the same. The appeal of the assessee is dismissed as withdrawn. 4. In the result, the appeal of the assessee is dismissed. Above decision was pronounced on conclusion of Virtual Hearing on 06 th January, 2022. -Sd/- -Sd/- (R. K. PANDA) (N. K. CHOUDHARY) ACCOUNTANT MEMBER JUDICIAL MEMBER Dated : 06/01/2022 R. Naheed * Copy forwarded to: 1. Appellant 2. Respondent 3. CIT 4. CIT(Appeals) 5. DR: ITAT ASSISTANT REGISTRAR ITAT NEW DELHI