Bharat Heavy Electricals Ltd., New Delhi V. Addl. CIT, New Delhi

ITA 3296/DEL/2017

• Counselvise Citation: [2021] 109 COUNSELVISE.COM (IT) 8269 (ITAT-DELHI)
• Duration Of Justice: 3 year(s) 7 month(s) 17 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 12-01-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: A
• Assessment Year: 2011-2012
• Appeal Filed On: 25-05-2017
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: PRAKASH DUBEY
• Assessee Lawyers: K PARSANA

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL DELHI BENCH A : NEW DELHI (THROUGH VIDEO CONFERENCING) BEFORE SHRI G.S. PANNU, VICE PRESIDENT AND SHRI SUDHANSHU SRIVASTAVA, JUDICIAL MEMBER ITA NO. 3296/DEL/2017 ASSESSMENT YEAR : 2011-12 BHARAT HEAVY ELECTRICALS LIMITED, CORPORATE FINANCE (DIRECT TAXES), BHEL HOUSE, SIRI FORT, NEW DELHI 49 (PAN: AAACB4146P) VS. ADDL. CIT, RANGE-2, C.R. BUILDING, NEW DELHI (APPELLANT) (RESPONDENT) APPELLANT BY : SH. K. PARSANA, ADV. RESPONDENT BY : SH. PRAKASH DUBEY, SR. DR. DATE OF HEARING : 12.01.2021 DATE OF PRONOUNCEMENT : 12.01.2021 ORDER PER G.S. PANNU, VP : THIS APPEAL BY THE ASSESSEE FOR THE ASSESSMENT YEARS 2011-12 IS DIRECTED AGAINST THE ORDER OF LEARNED CIT(A)-2, NEW DELHI. 2 2. THE LEARNED COUNSEL FOR THE ASSESSEE, VIDE EMAIL DATED 29 DECEMBER, 2020 HAS REQUESTED FOR WITHDRAWAL OF THE APPEAL FILED BY THE A SSESSEE AND STATED THAT THE ASSESSEE HAS OPTED TO SETTLE THE DISPUTE RELATIN G 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 SENIOR DR HAS NO OBJECTION. 4. IN VIEW OF THE ABOVE, WE ACCEPT THE REQUEST OF THE ASSESSEES COU NSEL FOR WITHDRAWAL OF THE AFORESAID APPEAL. 5. IN THE RESULT, THE APPEAL OF THE ASSESSEE IS DISMISSED AS WITHDRA WN. ABOVE DECISION WAS ANNOUNCED IN THE PRESENCE OF BOTH THE PARTIES ON CONCLUSION OF VIRTUAL HEARING ON 12 JANUARY, 2021. SD/- SD/- (SUDHANSHU SRIVASTAVA) (G.S. PANNU) JUDICIAL MEMBER VICE PRESIDENT SRB COPY FORWARDED TO: - 1. APPELLANT . 2. RESPONDENT. 3. CIT 4. CIT(A) 5. DR, ITAT ASSISTANT REGISTRAR