Laxmi Traders, New Delhi V. ACIT, Central Circle- 28, New Delhi

ITA 2634/DEL/2018

• Counselvise Citation: [2021] 108 COUNSELVISE.COM (IT) 7742 (ITAT-DELHI)
• Duration Of Justice: 2 year(s) 11 month(s) 14 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 31-03-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: D
• Assessment Year: 2014-2015
• Appeal Filed On: 16-04-2018
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: M BARANWA L SENIOR

Judgement Text

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 A AA A : 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 SHRI SHRI SHRI KUL BHARAT KUL BHARAT KUL BHARAT KUL BHARAT , JUDICIAL MEMBER , JUDICIAL MEMBER , JUDICIAL MEMBER , JUDICIAL MEMBER ITA NO ITA NO ITA NO ITA NO S.2633/DEL/2018, 2634/DEL/2018 & 2635/DEL/2018 S.2633/DEL/2018, 2634/DEL/2018 & 2635/DEL/2018 S.2633/DEL/2018, 2634/DEL/2018 & 2635/DEL/2018 S.2633/DEL/2018, 2634/DEL/2018 & 2635/DEL/2018 ASSESSMENT YEAR ASSESSMENT YEAR ASSESSMENT YEAR ASSESSMENT YEAR S : 2013 S : 2013 S : 2013 S : 2013 - -- - 14 & 14 & 14 & 14 & 2014 2014 2014 2014 - -- - 15 15 15 15 M/S LAXMI TRADERS, M/S LAXMI TRADERS, M/S LAXMI TRADERS, M/S LAXMI TRADERS, 3797, CHARKHEWALAN, 3797, CHARKHEWALAN, 3797, CHARKHEWALAN, 3797, CHARKHEWALAN, CHAWRI BAZAR, CHAWRI BAZAR, CHAWRI BAZAR, CHAWRI BAZAR, DELHI DELHI DELHI DELHI 110 006. 110 006. 110 006. 110 006. PAN : AABFL7051M. PAN : AABFL7051M. PAN : AABFL7051M. PAN : AABFL7051M. VS. VS. VS. VS. ASSISTANT COMMISSIONER OF ASSISTANT COMMISSIONER OF ASSISTANT COMMISSIONER OF ASSISTANT COMMISSIONER OF INCOME TAX, INCOME TAX, INCOME TAX, INCOME TAX, CENTRAL CIRCLE CENTRAL CIRCLE CENTRAL CIRCLE CENTRAL CIRCLE- -- -28 2828 28, , , , NEW DELHI. NEW DELHI. NEW DELHI. NEW DELHI. (APPELLANT) (RESPONDENT) APPELLANT BY : NONE. RESPONDENT BY : S HRI M. BARANWAL, SENIOR DR. DATE OF HEARING : 3 33 31 11 1.03 .03.03 .03.2021 .2021 .2021 .2021 DATE OF PRONOUNCEMENT : 31 3131 31.03 .03.03 .03. .. .2021 2021 2021 2021 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 ASSESSEE FOR THE ASSESSMENT Y EARS 2013- 14 AND 2014-15 ARE DIRECTED AGAINST THE ORDER OF LE ARNED CIT(A)-XXV, NEW DELHI DATED 8 TH FEBRUARY, 2018 AND 6 TH FEBRUARY, 2018. 2. NOBODY APPEARED ON BEHALF OF THE ASSESSEE AT THE TIME OF VIRTUAL HEARING BEFORE US. THE ASSESSEE, VIDE LETTER DATED NIL HAS REQUESTED FOR WITHDRAWAL OF THE APPEALS FILED BY IT AND STATE D THAT THE ASSESSEE HAS OPTED TO SETTLE THE DISPUTE RELATING TO THE TAX ARREARS FOR THE ASSESSMENT YEARS UNDER CONSIDERATION UNDER THE VIVA D SE VISHWAS SCHEME, 2020. CERTIFICATES TO THIS EFFECT UNDER SE CTION 5(1) OF THE DIRECT TAX VIVAD SE VISHWAS ACT, 2020 HAVE ALSO BEE N FILED. 3. LEARNED SENIOR DR HAS NO OBJECTION. ITA-2633 TO 2635/DEL/2018 2 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 ASSESSEE ARE D ISMISSED AS WITHDRAWN. ABOVE DECISION WAS ANNOUNCED ON CONCLUSION OF VIRTU AL HEARING ON 31 ST MARCH, 2021. SD/- SD/- ( (( ( KUL BHARAT KUL BHARAT KUL BHARAT KUL BHARAT ) )) ) (G.S. PANNU (G.S. PANNU (G.S. PANNU (G.S. PANNU ) )) ) JUDICIAL JUDICIAL JUDICIAL JUDICIAL MEMBER MEMBER MEMBER MEMBER VICE PRESIDENT VICE PRESIDENT VICE PRESIDENT VICE PRESIDENT VK. COPY FORWARDED TO: - 1. APPELLANT 2. RESPONDENT 3. CIT 4. CIT(A) 5. DR, ITAT ASSISTANT REGISTRAR