Ultimate Infratech Pvt. Ltd., New Delhi V. ACIT, Circle-27(1), New Delhi

ITA 3659/DEL/2019

• Counselvise Citation: [2021] 109 COUNSELVISE.COM (IT) 6988 (ITAT-DELHI)
• Duration Of Justice: 1 year(s) 8 month(s) 27 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 22-01-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: F
• Assessment Year: 2015-2016
• Appeal Filed On: 26-04-2019
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Section: 22

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. 7169/DEL/2018 ASSESSMENT YEAR : 2014-15 M/S ULTIMATE INFRATECH PRIVATE LIMITED 305, 3 FLOOR, BHANOT CORNER, PAMPOSH, ENCLAVE, G-KAILASH, NEW DELHI-110048 PAN-AAACU9571D VS. ACIT, CIRCLE-27(1), ROOM NO.193, C.R. BUILDING, NEW DELHI (APPELLANT) (RESPONDENT) ITA NO. 3659/DEL/2019 ASSESSMENT YEAR : 2015-16 M/S ULTIMATE INFRATECH PRIVATE LIMITED 305, 3 FLOOR, BHANOT CORNER, PAMPOSH, ENCLAVE, G-KAILASH, NEW DELHI-110048 PAN-AAACU9571D VS. ACIT, CIRCLE-27(1), ROOM NO.193, C.R. BUILDING, NEW DELHI (APPELLANT) (RESPONDENT) APPELLANT BY : SH. M. P. RASTOGI, ADV. RESPONDENT BY : SH. M. BARANWAL, SR. DR ITA-7169/DEL/2018 ITA -3659/DEL/2019 2 DATE OF HEARING : 22.01.2021 DATE OF PRONOUNCEMENT : 22.01.2021 ORDER PER G.S. PANNU, VP : THESE APPEALS BY THE ASSESSEE FOR THE ASSESSMENT YEARS 2014-15 AN D 2015-16 ARE DIRECTED AGAINST THE ORDERS OF LEARNED CIT(A)-9, DEL HI, DATED 06.09.2018 AND 04.03.2019 RESPECTIVELY. 2. THE LEARNED COUNSEL FOR THE ASSESSEE, VIDE ITS LETTER, HAS REQUESTED FOR WITHDRAWAL OF THE APPEALS FILED BY HIM AND STATED THAT THE ASSESSEE HAS OPTED TO SETTLE THE DISPUTE RELATING TO THE TAX ARREARS FOR THE ASSESSM ENT YEARS UNDER CONSIDERATION UNDER THE VIVAD SE VISHWAS SCHEME, 2020. A CERTI FICATE 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 ASSESSEE FOR WITHDRAWAL OF THE APPEALS. 5. IN THE RESULT, THE APPEALS OF THE ASSESSEE ARE DISMISSED AS WIT HDRAWN. ABOVE DECISION WAS ANNOUNCED IN THE PRESENCE OF BOTH THE SIDES ON CONCLUSION OF VIRTUAL HEARING ON 22 JANUARY, 2021. SD/- SD/- (SUDHANSHU SRIVASTAVA) (G.S. PANNU) JUDICIAL MEMBER VICE PRESIDENT F{X~{T ITA-7169/DEL/2018 ITA -3659/DEL/2019 3 COPY FORWARDED TO: - 1. APPELLANT 2. RESPONDENT 3. CIT 4. CIT(A) 5. DR, ITAT BY ORDER ASSISTANT REGISTRAR, ITAT, DELHI