OCP Music Pvt. Ltd., Delhi V. DCIT, Circle- 19(1), New Delhi

ITA 3231/DEL/2018

• Counselvise Citation: [2021] 107 COUNSELVISE.COM (IT) 5443 (ITAT-DELHI)
• Duration Of Justice: 3 year(s) 4 month(s) 18 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 22-09-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: E
• Assessment Year: 2013-2014
• Appeal Filed On: 04-05-2018
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: GAURAV PUNDIR
• Assessee Lawyers: AMRIK SINGH
• Section: 22

Judgement Text

PAGE | 1 INCOME TAX APPELLATE TRIBUNAL [ DELHI BENCH E: NEW DELHI ] BEFORE SHRI KULDIP SINGH, JUDICIAL MEMBER AND SHRI PRASHANT MAHARISHI, ACCOUNTANT MEMBER (THROUGH VIDEO CONFERENCING) ITA. NO. 3231/DEL/2018 (ASSESSMENT YEAR : 2013-14) M/S. OCP MUSIC PVT. LTD., C/O. M/S. S. B. G. & CO., CHARTERED ACCOUNTANTS; 9 ATTA-UR-REHMAN LANE, CIVIL LINES, DELHI 110 054. PAN: AAACO9800D VS. D CIT, CIRCLE : 19 (1), NEW DELHI. (APPELLANT) (RESPONDENT) ASSESSEE BY : SHRI AMRIK SINGH, A. R.; DEPARTMENT BY : SHRI GAURAV PUNDIR, SR. D. R.; DATE OF HEARING : 2 2 /0 9 /2021 DATE OF PRONOUNCEMENT : 22 /0 9 /2021 O R D E R PER PRASHANT MAHARISHI, A. M. 1. THIS APPEAL IS FILED BY THE ASSESSEE AGAINST THE ORDER PASSED BY THE LD. COMMISSIONER OF INCOME TAX (APPEALS)38, NEW DELHI, FOR ASSESSMENT YEAR 2013-14. 2. AT THE TIME OF HEARING THE ASSESSEE SUBMITTED THAT HE HAS OPTED TO SETTLE THE DISPUTE INVOLVED IN THE IMPUGNED APPEAL UNDER THE DIRECT TAX VIVAD SE VISHWAS SCHEME, 2020 AND HAS ALREADY FILED FORM NOS. 1 AND 2 UNDER THE SCHEME. THEREFORE, THE APPEAL OF THE ASSESSEE MAY BE ALLOWED TO BE WITHDRAWN. 3. THE LD. DR ALSO AGREED WITH THE ABOVE CONTENTIONS. 4. ON CAREFUL CONSIDERATION OF THE FACT IT IS FOUND THAT FORM NO. 3 HAS BEEN ISSUED TO THE ASSESSEE BY THE DEPARTMENT ON 09 TH OF FEBRUARY, 2021 UNDER PAGE | 2 THE DIRECT TAX VIVAD SE VISHWAS ACT, 2020. THEREFORE, THE APPEAL OF THE ASSESSEE IS ALLOWED AS WITHDRAWN AND HENCE DISMISSED. 5. IN THE RESULT, APPEAL OF THE ASSESSEE IS DISMISSED. ORDER PRONOUNCED IN THE OPEN COURT ON : 22/09/2021. SD/- SD/- ( KULDIP SINGH ) (PRASHANT MAHARISHI) JUDICIAL MEMBER ACCOUNTANT MEMBER DATED : 22/09/2021. *MEHTA* COPY FORWARDED TO 1. APPELLANT; 2. RESPONDENT 3. CIT 4. CIT (APPEALS) 5. DR: ITAT ASSISTANT REGISTRAR ITAT, NEW DELHI D ATE OF DICTATION 22.09.2021 DATE ON WHICH THE TYPED DRAFT IS PLACED BEFORE THE DICTATING MEMBER 22.09.2021 DATE ON WHICH THE TYPED DRAFT IS PLACED BEFORE THE OTHER MEMBER 22.09.2021 DATE ON WHICH THE APPROVED DRAFT COMES TO THE SR. PS/ PS 22.09.2021 DATE ON WHICH THE FAIR ORDER IS PLACED BEFORE THE DICTATING MEMBER FOR PRONOUNCEMENT 22.09.2021 DATE ON WHICH THE FAIR ORDER COMES BACK TO THE SR. PS/ PS 22.09.2021 DATE ON WHICH THE FINAL ORDER IS UPLOADED ON THE WEBSITE OF ITAT 22.09.2021 DATE ON WHICH THE FILE GOES TO THE BENCH CLERK 22.09.2021 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 PAGE | 3