ITO, Ward-5(2), New Delhi V. Bright Landcon P. Ltd., New Delhi

ITA 4273/DEL/2017

• Counselvise Citation: [2021] 107 COUNSELVISE.COM (IT) 9123 (ITAT-DELHI)
• Duration Of Justice: 4 year(s) 1 month(s) 7 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 04-08-2021
• Appeal Filed By: Department
• Order Result: Dismissed
• Bench Allotted: A
• Assessment Year: 2012-2013
• Appeal Filed On: 28-06-2017
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Department Lawyers: BHOPAL SINGH SENIOR
• Keywords: Set aside

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL (DELHI BENCH A : NEW DELHI) BEFORE SHRI O.P. KANT, ACCOUNTANT MEMBER AND SHRI KULDIP SINGH, JUDICIAL MEMBER (THROUGH VIDEO CONFERENCE) ITA NO.4273/DEL./2017 (ASSESSMENT YEAR : 2012-13) ITO, WARD 5 (2), VS. M/S. BRIGHT LANDCON PVT. LTD. , NEW DELHI. J-3/79B, GROUND FLOOR, RAJOURI GARDEN, NEW DELHI 110 027. (PAN : AAECB8419K) (APPELLANT) (RESPONDENT) ASSESSEE BY : NONE REVENUE BY : SHRI BHOPAL SINGH, SENIOR DR DATE OF HEARING : 04.08.2021 DATE OF ORDER : 04.08.2021 O R D E R PER KULDIP SINGH, JUDICIAL MEMBER : APPELLANT, ITO, WARD 5 (2), NEW DELHI (HEREINAFTER REFERRED TO AS THE REVENUE), BY FILING THE PRESENT APPEAL, SOUGHT TO SET ASIDE THE IMPUGNED ORDER DATED 23.02.2017 PASSED BY LD. COMMISSIONER OF INCOME-TAX (APPEALS)-2, NEW DELHI Q UA THE ASSESSMENT YEAR 2012-13. ITA NO.4273/DEL./2017 2 2. LD. COUNSEL FOR THE ASSESSEE FILED AN APPLICATIO N STATING THAT THE ASSESSEE HAS OPTED TO SETTLE THE DISPUTE RELATI NG TO THE TAX ARREARS FOR THE ASSESSMENT YEAR UNDER CONSIDERATION UNDER THE VIVAD SE VISHWAS SCHEME, 2020 AND HAS FILED NECES SARY FORMS 1 & 2 WITH THE TAX DEPARTMENT, WHICH WAS ACCEPTED A ND PROCESSED VIDE FORM 3 ISSUED BY THE TAX DEPARTMENT. A COPY O F FORM 3 IS ALSO PLACED ON RECORD. 3. KEEPING IN VIEW THE AFORESAID FACTS, PRESENT APP EAL IS HEREBY DISMISSED WITH LIBERTY TO GET IT RESTORED BY THE AS SESSEE IN CASE DISPUTE IS NOT SETTLED AS PER SCHEME. THE REVENUE HAS NO OBJECTION WITH REGARD TO THE AFORESAID CAVEAT. CONSEQUENTLY, THE PRESENT APPEAL IS DISMISSED. ORDER PRONOUNCED IN OPEN COURT ON THIS 4 TH DAY OF AUGUST , 2021 AFTER THE CONCLUSION OF THE VIRTUAL HEARING. SD/- SD/- (O.P. KANT) (KULDIP SINGH) ACCOUNTANT MEMBER JUDICIAL MEMBER DATED THE 4 TH DAY OF AUGUST, 2021 TS COPY FORWARDED TO: 1.APPELLANT 2.RESPONDENT 3.CIT 4.CIT(A)-2, NEW DELHI. 5.CIT(ITAT), NEW DELHI. AR, ITAT NEW DELHI.