DCIT, Circle-25(1), New Delhi V. The State Trading Corporation of India Ltd., New Delhi

ITA 4329/DEL/2018

• Counselvise Citation: [2021] 107 COUNSELVISE.COM (IT) 2820 (ITAT-DELHI)
• Duration Of Justice: 3 year(s) 4 month(s) 18 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 25-10-2021
• Appeal Filed By: Department
• Order Result: Dismissed
• Bench Allotted: G
• Assessment Year: 2013-2014
• Appeal Filed On: 06-06-2018
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Department Lawyers: H K CHAUDHERY
• Assessee Lawyers: DEEPTI JOHN
• Section: 2

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL DELHI BENCH G NEW DLEHI BEFORE SHRI N.K BILLAIYA, ACCOUNTANT MEMBER AND SHRI K. NARASIMHA CHARY, JUDICIAL MEMBER ITA NO.4329/DEL/2018 ASSESSMENT YEAR: 2013-14 DCIT, CIRCLE 25(1), VS. THE STATE TRADING CORPN. OF INDIA LTD., NEW DELHI. 1, JAWAHAR VYAPAR BHAWAN, TOLSTOY MARG, NEW DELHI. PAN : AAACT0102F (APPELLANT) (RESPONDENT) APPELLANT BY : SH. H.K. CHAUDHERY, CIT(DR) RESPONDENT BY: MS. DEEPTI . JOHN, DATE OF HEARING: 25/10/2021 DATE OF ORDER : 25/10/2021 ORDER PER K. NARASIMHA CHARY, J.M. THIS APPEAL BY THE REVENUE FOR THE ASSESSMENT YEAR 2013-14 IS DIRECTED AGAINST THE ORDER OF LD. COMMISSIONER OF I NCOME-TAX (APPEALS)- 32, NEW DELHI DATED 11/01/2018. 2. LEARNED COUNSEL FOR THE ASSESSEE, VIDE ITS LETTE R DATED 12.10.2021, HAS REQUESTED FOR DISMISSAL OF APPEAL, FILED BY THE REVENUE, AS WITHDRAWN, AS THE ASSESSEE HAS OPTED TO SETTLE THE DISPUTE RELATING TO THE TAX ARREARS FOR THE ASSESSMENT YEAR UNDER CONSIDERA TION UNDER THE VIVAD 2 SE VISHWAS SCHEME, 2020. A CERTIFICATE TO THIS EFF ECT UNDER SECTION 5(1) OF THE DIRECT TAX VIVAD SE VISHWAS ACT, 2020 HAS AL SO BEEN FILED. 3. LEARNED CIT/DR HAS NO OBJECTION. 4. IN VIEW OF THE ABOVE, WE ACCEPT THE REQUEST OF T HE ASSESSEE FOR DISMISSAL OF THIS APPEAL AS WITHDRAWN. 5. IN THE RESULT, THE APPEAL OF THE REVENUE IS DISM ISSED AS WITHDRAWN. ABOVE DECISION WAS ANNOUNCED IN THE OPEN COURT ON C ONCLUSION OF VIRTUAL HEARING ON 25 TH DAY OF OCTOBER, 2021. SD/- SD/- (N.K. BILLAIYA) (K. NARSIMHA C HARY) ACCOUNTANT MEMBER JUDICIAL MEMBE R DATED: 25/10/2021 AKS