ITO, New Delhi V. M/s. Ozone Architectural Products, New Delhi

ITA 4469/DEL/2016

• Counselvise Citation: [2021] 109 COUNSELVISE.COM (IT) 7058 (ITAT-DELHI)
• Duration Of Justice: 4 year(s) 5 month(s) 8 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 28-01-2021
• Appeal Filed By: Department
• Order Result: Dismissed
• Bench Allotted: E
• Assessment Year: 2013-2014
• Appeal Filed On: 19-08-2016
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Department Lawyers: SOHIL MALIK
• Assessee Lawyers: RASHI SINGHAL

Judgement Text

PAGE | 1 INCOME TAX APPELLATE TRIBUNAL DELHI BENCH E : NEW DELHI BEFORE SHRI AMIT SHUKLA, JUDICIAL MEMBER AND SHRI PRASHANT MAHARISHI, ACCOUNTANT MEMBER (THROUGH VIDEO CONFERENCING) ITA NO. 4469 /DEL/ 2016 (ASSESSMENT YEAR: 2013 - 14 ) ITO, WARD - 41(1), NEW DELHI VS. OZONE ARCHITECTURAL PRODUCTS, 3/46A, WEST PUNJABI BAGH, NEW DELHI PAN: AABFO4606P (APPELLANT) (RESPONDENT) REVENUE BY : SHRI SOHIL MALIK, SR. DR ASSESSEE BY: MS. RASHI SINGHAL, CA DATE OF HEARING 28/01/2021 DATE OF PRONOUNCEMENT 28 /01/2021 O R D E R PER PRASHANT MAHARISHI, A. M. 1. THE LD AO FILES THIS APPEAL AGAINST ORDER OF THE COMMISSIONER OF INCOME TAX ( APPEALS) - 14 , NEW DELHI DATED 03.06.2016 FOR ASSESSMENT YEAR 2013 - 14 . 2. WHEN THE MATTER IS CALLED UP FOR HEARING THE ASSESSEE SUBMITTED A LETTER DATED 25 .01.2021 WHEREIN, IT IS SUBMITTED THAT ASSESSEE HAS ALREADY OPTED FOR SETTLEMENT OF THE DISPUTE INVOLVED IN THIS APPEAL UNDER THE DIRECT TAXES VIVAAD SE VISHWAS SCHEME, 2020 B Y FILING FORM NO. 1 AND 2. SUBSEQUENTLY, FORM NO. 3 AS PER SECTION 5(1) OF THE VIVAAD SE VISHWAS SCHEME, 2020 WAS ALSO ISSUED TO THE ASSESSEE ON 18/01/2021 . THEREFORE, THE APPEAL OF THE LD AO MAY BE DISMISSED AS WITHDRAWN. 3. THE LD DR HAS NOT RAISED ANY OBJECTION ON THE REQUEST OF THE ASSESSEE. 4. IN VIEW OF THE ABOVE FACTS AND FOLLOWING, THE DECISION OF HON B L E BOMBAY HIGH COURT IN CHEMPSEC CHEMICALS P. LTD [TS - 27 - HC - 2021(BOM)] THE APPEAL OF THE REVENUE IS DISMISSED AS WITHDRAWN. ORDER PRONOUNCED IN THE OPEN COURT ON 28 /01/2021 - S D / - - S D / - (AMIT SHUKLA) (PRASHANT MAHARISHI) JUDICIAL MEMBER ACCOUNTANT MEMBER DATED: 28 /01/2021 A K KEOT PAGE | 2 COPY FORWARDED TO 1. APPLI CANT 2. RESPONDENT 3. CIT 4. CIT (A) 5. DR:ITAT ASSISTANT REGISTRAR ITAT, NEW DELHI