MN VENTURES PVT. LTD., NEW DELHI V. PR. CIT- 6, NEW DELHI

ITA 3111/DEL/2018

• Counselvise Citation: [2021] 107 COUNSELVISE.COM (IT) 7173 (ITAT-DELHI)
• Duration Of Justice: 3 year(s) 3 month(s) 30 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 01-09-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: E
• Assessment Year: 2013-2014
• Appeal Filed On: 02-05-2018
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: PARAMITA M BISWAS
• Section: 263

Judgement Text

ITA. NO. 3111 (DEL) OF 2018 PAGE | 1 IN THE INCOME TAX APPELLATE TRIBUNAL [ DELHI BENCH E: NEW DELHI ] BEFORE MS SUCHITRA KAMBLE, JUDICIAL MEMBER AND SHRI PRASHANT MAHARISHI, ACCOUNTANT MEMBER (THROUGH VIDEO CONFERENCING) ITA NO. 3111/DEL/2018 (ASSESSMENT YEAR: 2013-14) MN VENTURES PRIVATE LIMITED, 8, COMMERCIAL COMPLEX, 1 ST FLOOR MASJID MOTH, GREATER KAILASH, NEW DELHI 110 048. PAN: AACCI2827E VS. THE PR. CIT 6, CR BUILDING, I. P. ESTATE, NEW DELHI 110 002. (APPELLANT) (RESPONDENT) ASSESSEE BY : SHRI R AKESH JOSHI, C. A.; DEPARTMENT BY : MS. PARAMITA M. BISWAS; [CIT] D.R.; DATE OF HEARING 01 /0 9 /2021 DATE OF PRONOUNCEMENT 01 / 0 9 /2021 O R D E R PER PRASHANT MAHARISHI, A. M. 1. THIS APPEAL IS FILED BY THE ASSESSEE AGAINST THE ORDER OF THE PR. COMMISSIONER OF INCOME TAX6, NEW DELHI, UNDER SECTION 263 OF THE INCOME TAX ACT, 1961 (THE ACT) DATED 31.03.2018 FOR ASSESSMENT YEAR 2013-14. 2. AT THE TIME OF HEARING THE ASSESSEE VIDE HIS APPLICATION HAS SUBMITTED THAT HE HAS ALSO FILED AN APPEAL BEFORE THE LD. CIT (APPEALS) AND SUBSEQUENTLY OPTED FOR VIVAD SE VISHWAS SCHEME. ACCORDINGLY, THIS APPEAL BECOMES INFRUCTUOUS. HE HAS FURTHER REQUESTED FOR WITHDRAWAL OF THE APPEAL. 3. THE LD. DR ALSO AGREED WITH THE ABOVE CONTENTIONS. 4. WE HAVE HEARD BOTH THE PARTIES. PERMISSION IS GRANTED TO THE ASSESSEE TO WITHDRAW THE APPEAL. ACCORDINGLY THE APPEAL IS DISMISSED AS WITHDRAWN. ITA. NO. 3111 (DEL) OF 2018 PAGE | 2 5. IN THE RESULT, APPEAL OF THE ASSESSEE IS DISMISSED. ORDER PRONOUNCED IN THE OPEN COURT ON 01/09/2021. SD/- SD/- (SUCHITRA KAMBLE) (PRASHANT MAHARISHI) JUDICIAL MEMBER ACCOUNTANT MEMBER DATED : 01/09/2021 *MEHTA* COPY FORWARDED TO 1. APPELLANT; 2. RESPONDENT 3. CIT 4. CIT (APPEALS) 5. DR: ITAT ASSISTANT REGISTRAR ITAT, NEW DELHI. DATE OF DICTATION 1 . 0 9 . 2 0 2 1 DATE ON WHICH THE TYPED DRAFT IS PLACED BEFORE THE DICTATING MEMBER 1 . 0 9 . 2 0 2 1 DATE ON WHICH THE TYPED DRAFT IS PLACED BEFORE THE OTHER MEMBER 1 . 0 9 . 2 0 2 1 DATE ON WHICH THE APPROVED DRAFT COMES TO THE SR. PS/ PS 1 . 0 9 . 2 0 2 1 DATE ON WHICH THE FAIR ORDER IS PLACED BEFORE THE DICTATING MEMBER FOR PRONOUNCEMENT 1 . 0 9 . 2 0 2 1 DATE ON WHICH THE FAIR ORDER COMES BACK TO THE SR. PS/ PS 1 . 0 9 . 2 0 2 1 DATE ON WHICH THE FINAL ORDER IS UPLOADED ON THE WEBSITE OF ITAT 1 . 0 9 . 2 0 2 1 DATE ON WHICH THE FILE GOES TO THE BENCH CLERK 1 . 0 9 . 2 0 2 1 DATE ON WHICH THE FILE GOES TO THE HEAD CLERK THE DATE ON WHICH THE FILE GOES TO THE ASSISTANT REGISTRAR FOR SIGNATURE ON THE ORDER DATE OF DISPATCH OF THE ORDER