Addl. CIT, Special Range-8, New Delhi V. Steel Authority of India Ltd., New Delhi

ITA 4332/DEL/2018

• Counselvise Citation: [2021] 109 COUNSELVISE.COM (IT) 3071 (ITAT-DELHI)
• Duration Of Justice: 2 year(s) 8 month(s) 27 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 03-03-2021
• 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
• Assessee Lawyers: M BARNWAL

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL DELHI BENCH D: NEW DELHI (THROUGH VIDEO CONFERENCING) BEFORE SHRI G.S. PANNU, VICE PRESIDENT AND SHRI KUL BHARAT, JUDICIAL MEMBER ITA NO.4332/DEL/2018 ASSESSMENT YEAR : 2013-14 ADDL. COMMISSIONER OF INCOME TAX, SPECIAL RANGE-8, NEW DELHI PAN : AAACS7062F VS. M/S. STEEL AUTHORITY OF INDIA LTD. ISPAT BHAWAN, LODHI ROAD, NEW DELHI-110003 (APPELLANT) (RESPONDENT) RESPONDENT BY : SH. M. BARNWAL, SR. DR APPELLANT BY : NONE DATE OF HEARING : 03.03.2021 DATE OF PRONOUNCEMENT : 03.03.2021 ORDER PER G.S. PANNU, VP : THIS APPEAL BY THE REVENUE FOR THE ASSESSMENT YEAR 2013-14 IS DIRECTED AGAINST THE ORDER OF LEARNED CIT(A)-42, NEW DELHI, DATED 16.04 .2018. 2. NONE APPEARED ON BEHALF OF THE ASSESSEE AT THE TIME OF VIRTUAL HEARING. THE ASSESSEE AUTHORIZED SIGNATORY VIDE ITS LETTER DATED 26.02.20 20, RECEIVED BY HAND, HAS REQUESTED FOR DISMISSAL OF THE APPEAL FILED BY REVENUE A ND STATED ITA-4332DEL/2018 2 THAT THE ASSESSEE HAS OPTED TO SETTLE THE DISPUTE RELATING TO THE TAX ARREARS FOR THE ASSESSMENT YEAR UNDER CONSIDERATION UNDER THE VIVAD SE VISHW AS SCHEME, 2020. A CERTIFICATE TO THIS 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. 4. IN VIEW OF THE ABOVE, WE ACCEPT THE REQUEST OF THE ASSESSEE FOR DISMISSAL OF THE CAPTIONED APPEAL. 5. IN THE RESULT, THE APPEAL OF THE REVENUE IS DISMISSED. ABOVE DECISION WAS ANNOUNCED ON CONCLUSION OF VIRTUAL HEARING ON 3 MARCH, 2021. SD/- SD/- (KUL BHARAT) (G.S. PANNU) JUDICIAL MEMBER VICE PRESIDENT U||T COPY FORWARDED TO: - 1. APPELLANT 2. RESPONDENT 3. CIT 4. CIT(A) 5. DR, ITAT BY ORDER ASSISTANT REGISTRAR, ITAT, DELHI