Investors Clinic Infratech Pvt. Ltd., New Delhi V. ACIT, Special Range- 4, New Delhi

ITA 4454/DEL/2018

• Counselvise Citation: [2022] 106 COUNSELVISE.COM (IT) 0509 (ITAT-DELHI)
• Duration Of Justice: 3 year(s) 6 month(s) 25 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 05-01-2022
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: C
• Assessment Year: 2014-2015
• Appeal Filed On: 10-06-2018
• Result in Favour of: Revenue
• Court: TRIBUNAL

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL DELHI BENCH “C” DELHI BEFORE SHRI KUL BHARAT, JUDICIAL MEMBER & SHRI PRADIP KUMAR KEDIA, ACCOUNTANT MEMBER I.T.A. No.4454/DEL/2018 Assessment Year 2014-15 Investors Clinic Infratech Pvt. Ltd., Shop No.7, RBI Colony Market, Hauz Khas, New Delhi. vs. ACIT, Special Range-4, New Delhi. TAN/PAN: AACCI2147R (Appellant) (Respondent) Appellant by: None Respondent by: None Date of hearing: 06 01 2022 Date of pronouncement: 06 01 2022 O R D E R PER PRADIP KUMAR KEDIA - A.M.: The c apt io ne d ap p eal ha s be en f i le d at th e i ns ta nc e o f the ass es se e a ga in st t he or der of t he Co mmi s si on er of Inc o me Ta x (Ap pe al s) -X XX V, Ne w De lh i (‘ CIT ( A)’ i n sh or t) , da ted 16 .0 3.2 01 8 ari si ng i n t he a ss ess me nt or der dat ed 1 3. 10 .2 01 6 pas sed b y t he As ses si ng Of f icer ( AO ) un de r S ec ti on 14 3(3 ) of t he I nc o me T ax Ac t, 19 61 (t he A ct) c on c ern in g AY 2 01 4- 15 . 2. The ca pt io ne d a ss ess ee ha s s ou gh t to wit hd ra w t he a ppe al lis te d a bo ve o n t he gr ou nd th at a sse ss ee ha s o pt ed to a va il be nef it s of ‘Vi va d se V is h was Sc he me , 20 20 ’ (VS V) . A s pe r lett er d ate d 4 t h Jan ua r y, 2 02 2 f ile d b y as ses se e, i t i s su b mit te d that a s ses se e d oes not se ek to p ur sue the s aid a ppe al o wi ng to ex erc ise o f opti on f or I.T.A. No. 4454/DEL/2018 2 ava il in g V S V S ch e me an d co nse qu e ntl y r eq ue st ed th at as ses se e’ s app li ca ti on f o r wi th dra wa l of ap pe al ma y pl ea se be g ra nt e d. 3. No ne ap pe ar ed on b eha lf of t he R ev en u e. 4. In t he l ig ht of wri tt en r eq ue st mad e o n beh alf of th e ca pt i one d par t y, th e a pp eal is dis mi ss ed a s w it hd raw n. Ho we ver , i n the e ve nt , the as se ss ee f ai ls to a va il th e b en ef it of V SV Sc heme f or an y bo naf id e r ea so ns , t hen t he as se ss ee c onc er ne d wil l be a t l ib ert y t o see k r es to ra tio n o f orig in al ap pe al f or he ar in g b efor e IT AT in acc or da nce w it h la w. 5. In th e res ul t, t he ca pti on ed a pp eal i s di s mis sed a s wi th dr a wn. Order pronounced in the open Court on 6 th January, 2022. [KUL BHARAT] [PRADIP KUMAR KEDIA] JUDICIAL MEMBER ACCOUNTANT MEMBER DATED: January, 2022 Prabhat