Quippo Oil and Gas Infrastructure Ltd., New Delhi V. JCIT, RANGE- 76, New Delhi

ITA 3088/DEL/2019

• Counselvise Citation: [2021] 109 COUNSELVISE.COM (IT) 2508 (ITAT-DELHI)
• Duration Of Justice: 1 year(s) 10 month(s) 7 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 17-02-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: F
• Assessment Year: 2010-2011
• Appeal Filed On: 09-04-2019
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: M BARANWAL

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL DELHI BENCH C: NEW DELHI (THROUGH VIDEO CONFERENCING) BEFORE SHRI G.S. PANNU, VICE PRESIDENT AND SHRI K. NARASIMHA CHARY, JUDICIAL MEMBER ITA NO.2192/DEL/2012 ASSESSMENT YEAR : 2012-13 M/S QUIPPO OIL AND GAS INFRASTRUCTURE LIMITED, D-2, 5 FLOOR, SOUTHERN PARK, SAKET PALACE, SAKET, NEW DELHI-110017 PAN-AAACQ1278P VS. DCIT, CIRCLE-20(2), C.R. BUILDING, NEW DELHI (APPELLANT) (RESPONDENT) ITA NO.4156/DEL/2018 ASSESSMENT YEAR : 2010-11 ADDL. COMMISSIONER OF INCOME TAX, SPECIAL RANGE-7, ROOM NO.211, C. R. BUILDING, NEW DELHI-110002 VS. M/S QUIPPO OIL AND GAS INFRASTRUCTURE LIMITED, D-2, 5 FLOOR, SOUTHERN PARK, SAKET PALACE, SAKET, NEW DELHI-110017 PAN-AAACQ1278P (APPELLANT) (RESPONDENT) ITA-2192/DEL/2017 & ORS. 2 ITA NO.3088/DEL/2019 ASSESSMENT YEAR : 2010-11 M/S QUIPPO OIL AND GAS INFRASTRUCTURE LIMITED, D-2, 5 FLOOR, SOUTHERN PARK, SAKET PALACE, SAKET, NEW DELHI-110017 PAN-AAACQ1278P VS. JOINT COMMISSIONER OF INCOME TAX, RANGE-76, 3 FLOOR, AAYAKAR BHAWAN, DISTT. CENTRE, LAXMI NAGAR, NEW DELHI-110092 (APPELLANT) (RESPONDENT) ITA NO.7765/DEL/2018 ASSESSMENT YEAR : 2011-12 M/S QUIPPO OIL AND GAS INFRASTRUCTURE LIMITED, D-2, 5 FLOOR, SOUTHERN PARK, SAKET PALACE, SAKET, NEW DELHI-110017 PAN-AAACQ1278P VS. ADDL. COMMISSIONER OF INCOME TAX, SPECIAL RANGE-7, ROOM NO.211, C.R. BUILDING, NEW DELHI-110002 (APPELLANT) (RESPONDENT) ITA NO.7604/DEL/2018 ASSESSMENT YEAR : 2011-12 ADDL. COMMISSIONER OF INCOME TAX, SPECIAL RANGE-7, ROOM NO.211, C.R. BUILDING, NEW DELHI-110002 VS. M/S QUIPPO OIL AND GAS INFRASTRUCTURE LIMITED, D-2, 5 FLOOR, SOUTHERN PARK, SAKET PALACE, SAKET, NEW DELHI-110017 PAN-AAACQ1278P (APPELLANT) (RESPONDENT) ITA-2192/DEL/2017 & ORS. 3 ITA NO.4474/DEL/2018 ASSESSMENT YEAR : 2014-15 M/S QUIPPO OIL AND GAS INFRASTRUCTURE LIMITED, D-2, 5 FLOOR, SOUTHERN PARK, SAKET PALACE, SAKET, NEW DELHI-110017 PAN-AAACQ1278P VS. ADDL. COMMISSIONER OF INCOME TAX, SPECIAL RANGE-7, ROOM NO.211, C.R. BUILDING, NEW DELHI-110002 (APPELLANT) (RESPONDENT) APPELLANT BY : MS. ALKA ARREN, CA RESPONDENT BY : SH. M. BARANWAL, SR. DR DATE OF HEARING : 17.02.2021 DATE OF PRONOUNCEMENT : 17.02.2021 ORDER PER G.S. PANNU, VP : THESE APPEALS BY THE ASSESSEE AS WELL AS BY THE REVENUE FOR THE ASSESSMENT YEARS 2010-11 TO 2014-15 ARE DIRECTED AGAINST THE SEPARATE ORDERS DATED 31.01.2017, 01.02.2018, 26.09.2018 AND 22.01.201 9, OF LEARNED CIT(A), NEW DELHI, 2. THE LEARNED COUNSEL FOR THE ASSESSEE, VIDE ITS LETTER DATED 0 4.02.2021, RECEIVED THROUGH EMAIL, HAS REQUESTED FOR WITHDRAWAL OF THE APPEAL S FILED BY HIM AND STATED THAT THE ASSESSEE HAS OPTED TO SETTLE THE DISPUTE R ELATING TO ITA-2192/DEL/2017 & ORS. 4 THE TAX ARREARS FOR THE ASSESSMENT YEAR UNDER CONSIDERATION UNDE R THE VIVAD SE VISHWAS SCHEME, 2020. A CERTIFICATE TO THIS EFFECT UNDER SE CTION 5(1) OF THE DIRECT TAX VIVAD SE VISHWAS ACT, 2020 HAS ALSO BEEN FILED. 3. LEARNED SENIOR DR HAS NO OBJECTION. 4. IN VIEW OF THE ABOVE, WE ACCEPT THE REQUEST OF THE ASSESSEE FOR WITHDRAWAL OF THE APPEALS. 5. IN THE RESULT, THE APPEALS OF THE ASSESSEE AND APPEALS OF THE R EVENUE ARE DISMISSED AS WITHDRAWN. ABOVE DECISION WAS ANNOUNCED IN THE PRESENCE OF BOTH THE SIDES ON CONCLUSION OF VIRTUAL HEARING ON 17 FEBRUARY, 2021. SD/- SD/- (K. NARASIMHA CHARY) (G.S. PANNU) JUDICIAL MEMBER VICE PRESIDENT F{X~{T COPY FORWARDED TO: - 1. APPELLANT 2. RESPONDENT 3. CIT 4. CIT(A) 5. DR, ITAT BY ORDER ASSISTANT REGISTRAR, ITAT, DELHI