M/s Ozone Metallics (P) Ltd., New Delhi V. DCIT, New Delhi

ITA 374/DEL/2017

• Counselvise Citation: [2021] 109 COUNSELVISE.COM (IT) 5995 (ITAT-DELHI)
• Duration Of Justice: 4 year(s) 10 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 04-02-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: E
• Assessment Year: 2013-2014
• Appeal Filed On: 24-01-2017
• Result in Favour of: Revenue
• Court: TRIBUNAL

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL, DELHI BENCH: E NEW DELHI BEFORE SHRI MAHAVIR PRASAD, JUDICIAL MEMBER AND SHRI O.P. KANT, ACCOUNTANT MEMBER [THROUGH VIDEO CONFERENCING] ITA NO.374/DEL./2017 ASSESSMENT YEAR: 2013-14 M/S. OZONE METALLICS (P) LTD., H-40, BALI NAGAR, NEW DELHI VS. DCIT, CIRCLE-19(1), NEW DELHI PAN :AABCO7876J (APPELLANT) (RESPONDENT) ORDER PER O.P. KANT, AM: THIS APPEAL BY THE ASSESSEE IS DIRECTED AGAINST TH E ORDER OF LEARNED COMMISSIONER OF INCOME TAX (APPEALS)-7, NEW DELHI, DATED 13.12.2016 PASSED FOR ASSESSMENT YEAR 2013-14 . 2. WE HAVE HEARD LEARNED REPRESENTATIVE OF BOTH THE P ARTIES THROUGH VIDEO CONFERENCING. 3. THE ASSESSEE, VIDE ITS LETTER DATED 29.01.2021, HA S REQUESTED FOR WITHDRAWAL OF THE APPEAL AS THE ASSESSEE HAS OP TED TO SETTLE APPELLANT BY MS. RASHI SINGHAL, CA RESPONDENT BY MS. PRAMITA M. BISWAS, CIT(DR) DATE OF HEARING 04.02.2021 DATE OF PRONOUNCEMENT 04.02.2021 2 ITA NO. 374/DEL./2017 THE DISPUTE RELATING TO THE TAX ARREARS FOR THE ASS ESSMENT YEAR UNDER CONSIDERATION, UNDER THE VIVAD SE VISHWAS SCH EME, 2020. THE ASSESSEE HAS ALSO FILED A COPY OF FORM N O. 3 ISSUED BY THE RESPECTIVE PRINCIPAL COMMISSIONER OF INCOME TAX , WHICH IS PLACED ON RECORD. 2. IN VIEW OF THE AFORESAID, THE APPEAL OF THE ASSESS EE IS DISMISSED AS WITHDRAWN. ORDER PRONOUNCED IN THE OPEN COURT. SD/- SD/- (MAHAVIR PRASAD) (O.P. KANT) JUDICIAL MEMBER ACCOUNTANT MEMBER DATED: 4 TH FEBRUARY, 2021. RK/- (D.T.D.S.) COPY FORWARDED TO: 1. APPELLANT 2. RESPONDENT 3. CIT 4. CIT(A) 5. DR ASST. REGISTRAR, ITAT, NEW DELHI