Nihal Chand Jain and Sons HUF, Delhi V. ITO ward 34(3), New Delhi

ITA 3751/DEL/2019

• Counselvise Citation: [2021] 108 COUNSELVISE.COM (IT) 7910 (ITAT-DELHI)
• Duration Of Justice: 1 year(s) 11 month(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 30-03-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: SMC
• Assessment Year: 2015-2016
• Appeal Filed On: 29-04-2019
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Assessee Lawyers: AKRITI DHAWAN

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 KUL BHARAT, JUDICIAL MEMBER ITA NO. 3751/DEL/2019 ASSESSMENT YEAR : 2015-16 NIHAL CHAND JAIN & SONS HUF, C/64, ASHOK VIHAR, PHASE-I, DELHI 110 052 (PAN: AACHN2446R) VS. ITO, WARD 34(3), NEW DELHI (APPELLANT) (RESPONDENT) APPELLANT BY : MS. AKRITI DHAWAN, ADV. RESPONDENT BY : SH. M. BARANWAL, SR. DR. DATE OF HEARING : 30.03.2021 DATE OF PRONOUNCEMENT : 30.03.2021 ORDER PER G.S. PANNU, VP : THIS APPEAL BY THE ASSESSEE FOR THE ASSESSMENT YEA R 2015-16 IS DIRECTED AGAINST THE ORDER OF LEARNED CIT(A)-12 , NEW DELHI. 2. THE ASSESSEES A.R. VIDE HIS LETTER DATED 25.03. 2021 HAS REQUESTED FOR WITHDRAWAL OF THE APPEAL FILED BY THE ASSESSEE AND STATED THAT THE ASSESSEE HAS OPTED TO SETTLE THE DI SPUTE RELATING TO THE TAX ARREARS FOR THE ASSESSMENT YEAR UNDER CONSI DERATION UNDER THE VIVAD SE VISHWAS SCHEME, 2020. A CERTIFICATE T O THIS EFFECT UNDER SECTION 5(1) OF THE DIRECT TAX VIVAD SE VISHW AS ACT, 2020 HAS ALSO BEEN FILED. 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 APPEAL. 2 5. IN THE RESULT, THE APPEAL OF THE ASSESSEE IS DIS MISSED AS WITHDRAWN. ABOVE DECISION WAS PRONOUNCED IN THE PRESENCE OF B OTH THE PARTIES ON CONCLUSION OF VIRTUAL HEARING ON 30 TH MARCH, 2021. SD/- SD/- (KUL BHARAT) (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