Modi Entertainment Ltd., Delhi V. ITO, New Delhi

ITA 372/DEL/2017

• Counselvise Citation: [2021] 108 COUNSELVISE.COM (IT) 8244 (ITAT-DELHI)
• Duration Of Justice: 4 year(s) 2 month(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 25-03-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: E
• Assessment Year: 2012-2013
• Appeal Filed On: 24-01-2017
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: M BARANWAL
• Assessee Lawyers: DEPESH JAIN

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 S . 1447; 3255 & 3256/DEL/2016 ASSESSMENT YEAR : 2008-09 MODI ENTERTAINMENT NETWEORK LTD., 49, COMMUNITY CENTRE, NEW FRIENDS COLONY, NEW DELHI (PAN: AAACM8283G) VS. DCIT, CIRCLE 5(1), C.R. BUILDING, I.P. ESTATE, NEW DELHI (APPELLANT) (RESPONDENT) AND ITA NO. 372/DEL/2017 ASSESSMENT YEAR : 2012-13 MODI ENTERTAINMENT LTD., H-23A, 201, 2 ND FLOOR, KAMAL TOWER, NEAR SAI MANDIR, EAST DELHI, DELHI 110 92 (PAN: AAACM8283G) VS. INCOME TAX OFFICER, WARD 17(1), ROOM NO. 323 A, C.R. BUILDING, I.P. ESTATE, NEW DELHI (APPELLANT) (RESPONDENT) APPELLANT BY : SH. DEPESH JAIN, CA RESPONDENT BY : SH. M. BARANWAL, SR. DR. DATE OF HEARING : 25.03.2021 DATE OF PRONOUNCEMENT : 25.03.2021 ORDER PER G.S. PANNU, VP : THESE APPEALS BY THE AFORESAID ASSESSEES FOR THE A SSESSMENT YEARS 2008-09 & 2012-13 ARE DIRECTED AGAINST THE RESPECTIVE ORDERS OF LEARNED CIT(A)-42 & CIT(A)33, NEW DELHI. 2 2. THE ASSESSEES A.R. VIDE HIS SEPARATE LETTERS BO TH DATED 23.03.2021 HAS REQUESTED FOR WITHDRAWAL OF THE APPE ALS FILED BY THE ASSESSEE 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, 20 20. A CERTIFICATE TO THIS EFFECT UNDER SECTION 5(1) OF TH E DIRECT TAX VIVAD SE VISHWAS ACT, 2020 HAS ALSO BEEN FILED IN ALL THE APPEALS RELEVANT TO ASSESSMENT YEAR 2008-09 & 2012-13. 3. LEARNED SENIOR DR HAS NO OBJECTION. 4. IN VIEW OF THE ABOVE, WE ACCEPT THE REQUEST OF T HE ASSESSEE FOR WITHDRAWAL OF THE AFORESAID APPEALS. 5. IN THE RESULT, ALL THE 04 APPEALS OF THE ASSESSE E ARE DISMISSED AS WITHDRAWN. ABOVE DECISION WAS PRONOUNCED IN THE PRESENCE OF BO TH THE PARTIES ON CONCLUSION OF VIRTUAL HEARING ON 25 TH MARCH, 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 3