Associated Composite Materials Pvt Ltd, New Delhi V. DCIT Circle-3(2), New Delhi

ITA 2672/DEL/2019

• Counselvise Citation: [2022] 105 COUNSELVISE.COM (IT) 2821 (ITAT-DELHI)
• Duration Of Justice: 3 year(s) 1 month(s) 8 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 05-05-2022
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: A
• Assessment Year: 2015-2016
• Appeal Filed On: 27-03-2019
• Result in Favour of: Revenue
• Court: TRIBUNAL

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL DELHI “E” BENCH: NEW DELHI BEFORE SHRI G.S.PANNU, PRESIDENT & SHRI KUL BHARAT, JUDICIAL MEMBER ITA No.2672/Del/2019 [Assessment Year : 2015-16] Associate Composite Materials Pvt.Ltd., 17, Community Centre, New Friends Colony, New Delhi-110065. PAN-AAGCA9848P vs DCIT, Circle-3(2), New Delhi. APPELLANT RESPONDENT Appellant by None Respondent by Shri Sanjay Kumar, Sr.DR Date of Hearing 06.05.2022 Date of Pronouncement 06.05.2022 ORDER PER KUL BHARAT, JM : This appeal filed by the assessee for the assessment year 2015-16 is directed against the order of Ld. CIT(A)-32, New Delhi dated 29.01.2019. 2. None appeared on behalf of the assessee at the time of hearing before us. However, the assessee through its AR vide its letter dated 16.04.2022 has requested for withdrawal of the appeal filed by it and stated that the assessee has opted to settle the dispute relating to the tax arrears for the assessment year under consideration under the “Vivad Se Vishwas Scheme, 2020”. A certificate to this effect under Section 5(1) of the Direct Tax Vivad Se Vishwas Act, 2020 has also been filed. 2 | Page 3. Learned Sr. DR has no objection in this regard. 4. Therefore, in view of the letter dated 16.04.2022, we give liberty to the assessee for withdrawal of the appeal. The appeal of the assessee is dismissed as withdrawn. 5. In the result, the appeal of the assessee is dismissed as withdrawn. Order pronounced in the open Court on 06 th May, 2022. Sd/- Sd/- (G.S.PANNU) (KUL BHARAT) PRESIDENT JUDICIAL MEMBER * Amit Kumar * Copy forwarded to: 1. Appellant 2. Respondent 3. CIT 4. CIT(Appeals) 5. DR: ITAT ASSISTANT REGISTRAR ITAT, NEW DELHI