Kundan Care Products P.Ltd, Haridwar V. ACIT, Central circle, Karnal

ITA 4385/DEL/2018

• Counselvise Citation: [2021] 109 COUNSELVISE.COM (IT) 4838 (ITAT-DELHI)
• Duration Of Justice: 2 year(s) 8 month(s) 1 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 10-02-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: D
• Assessment Year: 2005-2006
• Appeal Filed On: 08-06-2018
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: M BARANWAL

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL DELHI BENCH C: NEW DELHI BEFORE, SHRI G. S. PANNU, VICE PRESIDENT AND SHRI K. NARASIMHA CHARY, JUDICIAL MEMBER I.T.A NO.4385/DEL/2018 (ASSESSMENT YEAR 2005- 06) I.T.A NO.4386/DEL/2018 (ASSESSMENT YEAR 2007- 08) I.T.A NO.4387/DEL/2018 (ASSESSMENT YEAR 2008- 09) I.T.A NO.4388/DEL/2018 (ASSESSMENT YEAR 2011- 12) M/S KUNDAN CARE PRODUCTS PVT. LTD., E-22, INDUSTRIAL AREA, BAHADRABAD, HARIDWAR-249 402. PAN-AACCK 4743R VS. ASST. CIT, CENTRAL CIRCLE, KARNAL- 132 001. (APPELLANT) (RESPONDENT) APPELLANT BY NONE RESPONDENT BY SH. M. BARANWAL, SR. DR DATE OF HEARING 10.02.2021 DATE OF PRONOUNCEMENT 10.02.2021 2 ITA NOS. 4385 TO 4 388 /DEL/2018 KUNDAN CARE P RODUCTS PVT. LTD. VS. ACIT ORDER PER G.S.PANNU, VP: THESE APPEALS ARE FILED BY THE ASSESSEE AG AINST THE ORDERS DATED 20.03.2018 & 15.03.2018 OF LEARNED CIT (A)-2, GURGAON FOR THE ASSESSMENT YEARS 2005-06, 2007-08, 2008-09 & 2011-12. 2. NOBODY APPEARED ON BEHALF OF THE ASSESS EE AT THE TIME OF VIRTUAL HEARING BEFORE US. THE LEARNED COUNSEL FOR THE ASSESSEE, VIDE EMAIL LETTER DATED 04.02.2021, HAS REQUESTED FOR WIT HDRAWAL OF THE APPEALS FILED BY THE ASSESSEE AND STATED THAT THE A SSESSEE HAS OPTED TO SETTLE THE DISPUTE RELATING TO THE TAX ARREARS F OR THE ASSESSMENT YEARS UNDER CONSIDERATION UNDER THE VIVAD SE VISHWAS 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 WITHDRAWAL OF THE APPEALS. 3 ITA NOS. 4385 TO 4 388 /DEL/2018 KUNDAN CARE P RODUCTS PVT. LTD. VS. ACIT 5. IN THE RESULT, THE APPEALS OF THE ASSESSEE ARE D ISMISSED AS WITHDRAWN. ABOVE DECISION WAS ANNOUNCED ON CONCLUSION OF VIRTUA L HEARING ON 10 TH FEBRUARY, 2021. SD/- SD/- (K. NARASIMHA CHARY) (G.S.PANNU) JUDICIAL MEMBER VICE PRESIDENT PK/PS COPY FORWARDED TO: 1. APPELLANT 2. RESPONDENT 3. CIT 4. CIT(APPEALS) 5. DR: ITAT ASSISTANT REGISTRAR ITAT NEW DELHI