M/s Vibhavi Finlese (P) Ltd., New Delhi V. ITO, New Delhi

ITA 449/DEL/2017

• Counselvise Citation: [2020] 110 COUNSELVISE.COM (IT) 1374 (ITAT-DELHI)
• Duration Of Justice: 3 year(s) 10 month(s) 17 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 14-12-2020
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: SMC
• Assessment Year: 2007-2008
• Appeal Filed On: 27-01-2017
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: JAGDISH SINGH

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL DELHI BENCH A NEW DELHI (THROUGH VIDEO CONFERENCING) BEFORE SHRI G.S. PANNU, VICE PRESIDENT AN D SHRI AMIT SHUKLA, JUDICIAL MEMB ER ITA NO. 449/DEL/2017 ASSESSMENT YEAR 2007-08 M/S VIBHAVI FINLEASE LTD., C/O M/S RRA TAXINDIA, D-28, SOUTH EXTENSION PART-I, NEW DELHI-110049 (PAN: AAACV2917N) VS INCOME TAX OFFICER, WARD - 26(2), NEW DELHI. (APPELLANT) (RESPONDENT) APPELLANT BY: NONE RESPONDENT BY: SHRI JAGDISH SIN GH, SR. DR DATE OF HEARING : 14.12.2020 DATE OF PRONOUNCEMENT : 14.12.2020 ORDER PER G.S. PANNU, VICE PRESIDENT THIS APPEAL BY THE ASSESSEE IS DIRECTED AGAINST THE ORDER OF LEARNED COMMISSIONER OF INCOME TAX(A)-9, NEW DELHI DATED 26.12.2016 AND PERTAINS TO ASSESSMENT YEAR 2007-08. 2. THE LEARNED COUNSEL FOR THE ASSESSEE, VIDE LETTE R DATED 28.11.2020 AS WELL AS THROUGH EMAIL DATED 8.12.2020, HAS REQUESTED FOR WITHDRAWAL OF THE APPEAL ITA 449/DEL/2017 2 FILED BY THE ASSESSEE AND STATED THAT THE ASSESSEE HAS OPTED TO SETTLE THE DISPUTE RELATING TO THE TAX ARREARS FOR THE ASSESSMENT YEAR UNDER CONSIDERATION UNDER THE VIVAD SE VISHWAS ACT, 2020 (IN SHORT THE ACT'). 3. LEARNED SENIOR DR HAS NO OBJECTION. 4. IN VIEW OF THE ABOVE, WE ACCEPT THE REQUEST O F THE ASSESSEE FOR WITHDRAWAL OF THE APPEAL. 5. IN THE RESULT, THE APPEAL OF THE ASSESSEE IS DIS MISSED AS WITHDRAWN. ABOVE DECISION WAS ANNOUNCED ON CONCLUSION OF VIRTU AL HEARING ON 14 TH DECEMBER, 2020. SD/- SD/- (AMIT SHUKLA) ( G.S. PANNU ) JUDICIAL MEMBER VICE PRE SIDENT GS COPY FORWARDED TO: - 1. APPELLANT 2. RESPONDENT 3. CIT 4. CIT(A) 5. DR, ITAT BY ORDER ASSISTANT REGISTRAR