Gaursons India Ltd., Delhi V. DCIT, Circle- 74(1), New Delhi

ITA 3938/DEL/2017

• Counselvise Citation: [2020] 110 COUNSELVISE.COM (IT) 4043 (ITAT-DELHI)
• Duration Of Justice: 3 year(s) 4 month(s) 12 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 28-10-2020
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: C
• Assessment Year: 2007-2008
• Appeal Filed On: 16-06-2017
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: JAGDISH SINGH DAHIYA SENIOR
• Assessee Lawyers: REWANT

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL IN THE INCOME TAX APPELLATE TRIBUNAL IN THE INCOME TAX APPELLATE TRIBUNAL IN THE INCOME TAX APPELLATE TRIBUNAL DELHI DELHI DELHI DELHI BENCH BENCH BENCH BENCH A AA A : NEW DELHI : NEW DELHI : NEW DELHI : NEW DELHI (THROUGH VIDEO CONFERENCING) (THROUGH VIDEO CONFERENCING) (THROUGH VIDEO CONFERENCING) (THROUGH VIDEO CONFERENCING) BEFORE SHRI G.S. PANNU, VICE PRESIDENT BEFORE SHRI G.S. PANNU, VICE PRESIDENT BEFORE SHRI G.S. PANNU, VICE PRESIDENT BEFORE SHRI G.S. PANNU, VICE PRESIDENT AND AND AND AND SHRI SUDHANSHU SRIVASTAVA, JUDICIAL MEMBER SHRI SUDHANSHU SRIVASTAVA, JUDICIAL MEMBER SHRI SUDHANSHU SRIVASTAVA, JUDICIAL MEMBER SHRI SUDHANSHU SRIVASTAVA, JUDICIAL MEMBER ITA NO. ITA NO. ITA NO. ITA NO. 3938/DEL/2017 3938/DEL/2017 3938/DEL/2017 3938/DEL/2017 ASSESSMENT YEAR ASSESSMENT YEAR ASSESSMENT YEAR ASSESSMENT YEAR : : : : 20 2020 20 08 0808 08 - -- - 09 0909 09 M/S GAURSONS INDIA LT M/S GAURSONS INDIA LT M/S GAURSONS INDIA LT M/S GAURSONS INDIA LT D., D.,D., D., D DD D- -- -25, VIVEK VIHAR, 25, VIVEK VIHAR, 25, VIVEK VIHAR, 25, VIVEK VIHAR, DELHI DELHI DELHI DELHI 110 092. 110 092. 110 092. 110 092. PAN : AACCG3895Q. PAN : AACCG3895Q. PAN : AACCG3895Q. PAN : AACCG3895Q. VS. VS. VS. VS. DEPUTY COMMISSIONER OF DEPUTY COMMISSIONER OF DEPUTY COMMISSIONER OF DEPUTY COMMISSIONER OF INCOME TAX, INCOME TAX, INCOME TAX, INCOME TAX, CIRCLE CIRCLE CIRCLE CIRCLE- -- -74(1), 74(1), 74(1), 74(1), NEW DELHI. NEW DELHI. NEW DELHI. NEW DELHI. (APPELLANT) (RESPONDENT) APPELLANT BY : SHRI REWANT, CA. RESPONDENT BY : SHRI JAGDISH SINGH DAHIYA, SENIOR DR. DATE OF HEARING : 28 2828 28.10.2020 .10.2020 .10.2020 .10.2020 DATE OF PRONOUNCEMENT : 28 2828 28.10 .10.10 .10.2020 .2020 .2020 .2020 ORDER ORDER ORDER ORDER PER G.S. PANNU, VICE PRESIDENT PER G.S. PANNU, VICE PRESIDENT PER G.S. PANNU, VICE PRESIDENT PER G.S. PANNU, VICE PRESIDENT : :: : THIS APPEAL BY THE ASSESSEE FOR THE ASSESSMENT YEA R 2008-09 IS DIRECTED AGAINST THE ORDER OF LEARNED CIT(A)-41, NE W DELHI DATED 3 RD MARCH, 2017. 2. THE ASSESSEE, VIDE LETTER DATED 19 TH OCTOBER, 2020 RECEIVED THROUGH EMAIL HAS REQUESTED FOR WITHDRAWAL OF THE A PPEAL FILED BY IT AND STATED THAT THE ASSESSEE HAS OPTED TO SETTLE TH E DISPUTE RELATING TO THE TAX ARREARS FOR THE ASSESSMENT YEAR UNDER CONSI DERATION UNDER THE VIVAD SE VISHWAS SCHEME, 2020. A CERTIFICATE TO TH IS 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. ITA-3938/DEL/2017 2 4. IN VIEW OF THE ABOVE, WE ACCEPT THE REQUEST OF T HE ASSESSEE FOR WITHDRAWAL OF THE APPEAL. 5. IN THE RESULT, THE APPEAL OF THE ASSESSEE IS DIS MISSED AS WITHDRAWN. ABOVE DECISION WAS ANNOUNCED IN THE PRESENCE OF BOT H THE PARTIES ON CONCLUSION OF VIRTUAL HEARING ON 28 TH OCTOBER, 2020. SD/- SD/- ( (( ( SUDHANSHU SRIVASTAVA SUDHANSHU SRIVASTAVA SUDHANSHU SRIVASTAVA SUDHANSHU SRIVASTAVA ) )) ) (G.S. PANNU (G.S. PANNU (G.S. PANNU (G.S. PANNU ) )) ) JUDICIAL MEMBER JUDICIAL MEMBER JUDICIAL MEMBER JUDICIAL MEMBER VICE VICE VICE VICE PRESIDENT PRESIDENT PRESIDENT PRESIDENT VK. COPY FORWARDED TO: - 1. APPELLANT : M/S GAURSONS INDIA LTD., M/S GAURSONS INDIA LTD., M/S GAURSONS INDIA LTD., M/S GAURSONS INDIA LTD., D DD D- -- -25, VIVEK VIHAR, DELHI 25, VIVEK VIHAR, DELHI 25, VIVEK VIHAR, DELHI 25, VIVEK VIHAR, DELHI 110 092. 110 092. 110 092. 110 092. 2. RESPONDENT : DEPUTY COMMISSIONER OF INCOME TAX, DEPUTY COMMISSIONER OF INCOME TAX, DEPUTY COMMISSIONER OF INCOME TAX, DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE CIRCLE CIRCLE CIRCLE- -- -74(1 74(1 74(1 74(1), NEW DELHI. ), NEW DELHI. ), NEW DELHI. ), NEW DELHI. 3. CIT 4. CIT(A) 5. DR, ITAT ASSISTANT REGISTRAR