ACIT, CC- 15, NEW DELHI V. ALLIED STRIPS LTD., NEW DELHI

ITA 4355/DEL/2017

• Counselvise Citation: [2021] 108 COUNSELVISE.COM (IT) 3093 (ITAT-DELHI)
• Duration Of Justice: 3 year(s) 11 month(s) 12 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 15-06-2021
• Appeal Filed By: Department
• Order Result: Dismissed
• Bench Allotted: A
• Assessment Year: 2013-2014
• Appeal Filed On: 03-07-2017
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Department Lawyers: SATPAL GULATI
• Assessee Lawyers: PRABHAT KUMAR

Judgement Text

I.T.A.NOS.4354 & 4355/DEL/2017/A.YS.2012-13 & 2013 -14 1 IN THE INCOME TAX APPELLATE TRIBUNAL DELHI BENCH A NEW DELHI BEFORE SHRI N.K. BILLAIYA, ACCOUNTANT MEMBER AND SHRI AMIT SHUKLA, JUDICIAL MEMBER . . /. I.T.A NOS. 4354 & 4355/DEL/2017 / ASSESSMENT YEARS:2012-13 & 2013-14 ACIT CENTRAL CIRCLE-15, ROOM NO. 353, E-2, ARA CENTRE, JHANDEWALAN, EXT., NEW DELHI. VS. ALLIED STRIPS LTD. 14B, MANOHAR PARK, ROHTAK ROAD, PUNJABI BAGH, DELHI. PAN NO. AABCA0609D APPELLANT / RESPONDENT /REVENUE BY SH. SATPAL GULATI, CIT DR /ASSESSEE BY SH. PRABHAT KUMAR, CA / DATE OF HEARING: 15 .06 .20 2 1 /PRONOUNCEMENT ON 15 .06 .20 2 1 /O R D E R PER N.K. BILLAIYA, A.M. 1. THESE ARE TWO APPEALS BY THE REVENUE PREFERRED AGAI NST TWO SEPARATE ORDERS OF THE LD. CIT(A)-25, DELHI DATED 3 0.03.2017 PERTAINING TO AY 2012-13 AND 2013-14. 2. AT THE VERY OUTSET, THE ASSESSEE VIDE LETTER DATED 14.06.2021 BROUGHT TO OUR NOTICE THAT THE ASSESSEE COMPANY HAS OPTED FOR SETTLEMENT OF PENDING DISPUTE UNDER THE VIVAD SE VI SHWAS ACT, I.T.A.NOS.4354 & 4355/DEL/2017/A.YS.2012-13 & 2013 -14 2 2020. IT HAS ALSO BEEN BROUGHT TO OUR NOTICE THAT FORM 4 HAS BEEN ISSUED BY THE REVENUE ON 16.02.2021 COPY OF TH E SAME HAS BEEN PLACED ON RECORD. 3. NOTING THE CONTENTS THE DR FAIRLY CONCEDED TO DISMI SS THESE APPEALS AS WITHDRAWN. 4. IN THE RESULT, BOTH THE APPEALS ARE, ACCORDINGLY, D ISMISSED AS WITHDRAWN. ORDER PRONOUNCED IN THE OPEN COURT ON 15/06/2021 SD/- SD/- (AMIT SHUKLA) (N.K. BILLAIYA) JUDICIAL MEMBER ACCOUNTANT MEMBER DATED: 15 TH JUNE, 2021 * KAVITA ARORA, SR. P.S. COPY OF ORDER SENT TO- ASSESSEE/AO/PR. CIT/ CIT (A) / ITAT (DR)/GUARD FILE OF ITAT. BY ORDER ASSISTANT REGISTRAR, ITAT: DELHI BENCHES-DELHI