Lokhotia Money and Stock Brokers Ltd., New Delhi V. Pr. CIT- 5, New Delhi

ITA 2868/DEL/2016

• Counselvise Citation: [2021] 104 COUNSELVISE.COM (IT) 7673 (ITAT-DELHI)
• Duration Of Justice: 5 year(s) 6 month(s) 5 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 24-11-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: C
• Assessment Year: 2009-2010
• Appeal Filed On: 19-05-2016
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: VINAY KUMAR KARAN

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL DELHI “C” BENCH: NEW DELHI (THROUGH VIDEO CONFERENCING ) BEFORE SHRI G.S.PANNU, PRESIDENT & SHRI KUL BHARAT, JUDICIAL MEMBER ITA No.2868/Del/2016 [Assessment Year : 2009-10] Lakhotia Money & Stock Brokers Ltd., B-38, Sagan Apartments, 6 Tilak Marg, New Delhi-110001. PAN-AAACL7441F vs Pr. CIT-5, Room No.309, 3 rd Floor, C.R.Building, I.P.Estate, New Delhi-110002 APPELLANT RESPONDENT Appellant by Shri Amarbir Singh Walia, CA Respondent by Shri Vinay Kumar Karan, CIT DR Date of Hearing 25.11.2021 Date of Pronouncement 25.11.2021 ORDER PER KUL BHARAT, JM : This appeal filed by the assessee for the assessment year 2009-10 is directed against the order of Ld. Pr. CIT, New Delhi dated 31.03.2016. 2. The Ld. Counsel for the assessee, vide its letter dated 24.11.2021, received through email, has requested for withdrawal of the appeal filed by him 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. 3. Learned CIT DR has no objection. ITA No. 2868/Del/2016 4. In view of the above, we accept the request of the assessee for withdrawal of the appeal. 5. In the result, the appeal of the assessee is dismissed as withdrawn. Order pronounced in the open Court on 25 th November, 2021. 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