ACIT, Central Circle-26, New Delhi V. Anurag Dalmia, New Delhi

ITA 2897/DEL/2019

• Counselvise Citation: [2022] 106 COUNSELVISE.COM (IT) 1631 (ITAT-DELHI)
• Duration Of Justice: 3 year(s) 4 month(s) 25 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 28-08-2022
• Appeal Filed By: Department
• Order Result: Dismissed
• Bench Allotted: A
• Assessment Year: 2016-2017
• Appeal Filed On: 02-04-2019
• Result in Favour of: Assessee
• Court: TRIBUNAL

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL DELHI BENCH ‘A’, NEW DELHI BEFORE SH. N. K. BILLAIYA, ACCOUNTANT MEMBER AND MS. ASTHA CHANDRA, JUDICIAL MEMBER ITA No.2897/Del/2019 Assessment Year: 2016-17 ACIT Central Circle -26 New Delhi Vs Anurag Dalmia 2 nd Floor, Indraprakash Building, 21, Barakhamba Road, New Delhi-110001 PAN No.AADPD9439P (APPELLANT) (RESPONDENT) Appellant Sh. Kanav Bali, SR. DR Respondent Sh. VK Bindal, CA Ms. Rinki Sharma, ITP Date of hearing: 29/08/2022 Date of Pronouncement: 29/08/2022 ORDER PER N.K. BILLAIYA, AM: This appeal by the revenue is preferred against the order of the CIT(A)-29, New Delhi dated 08.01.2019 for A.Y.2016-17. 2 2. The solitary grievance of the revenue is that the CIT(A) erred in deleting the protective addition of Rs.20956660/-made by the AO on account of undisclosed interest income. 3. At the very outset the counsel for the assessee stated that the impugned issue has been decided by this Tribunal in favour of the assessee and against the revenue in A.Y.2014-15. 4. The DR fairly conceded to this and could not bring any distinguishing decision in favour of the revenue. 5. We have carefully perused the orders of the authorities below. We find force in the contention of the Counsel. An identical issue was considered by this Tribunal in ITA No.6542/Del/2017 order dated 22.10.2020. The relevant findings read as under :- 3 4 6. Respectfully following the decision of the coordinate Bench this appeal by the revenue is dismissed. 7. Decision announced in the open court on 29.08.2022. Sd/- Sd/- (ASTHA CHANDRA) (N. K. BILLAIYA) JUDICIAL MEMBER ACCOUNTANT MEMBER *NEHA, Sr. Private Secretary* Date:- .08.2022 Copy forwarded to: 1. Appellant 2. Respondent 3. CIT 4. CIT(Appeals) 5. DR: ITAT ASSISTANT REGISTRAR ITAT NEW DELHI Date of dictation 29.08.2022 Date on which the typed draft is placed before the dictating Member 29.08.2022 Date on which the typed draft is placed before the Other member 29.08.2022 Date on which the approved draft comes to the Sr.PS/PS 29.08.2022 Date on which the fair order is placed before the Dictating Member for Pronouncement 29.08.2022 Date on which the fair order comes back to the Sr. PS/ PS 29.08.2022 Date on which the final order is uploaded on the website of ITAT 29.08.2022 Date on which the file goes to the Bench Clerk 29.08.2022 Date on which file goes to the Head Clerk. The date on which file goes to the Assistant Registrar for signature on the order Date of dispatch of the Order