Praveen Somani, New Delhi V. DCIT, Circle-62(1), New Delhi

ITA 450/DEL/2019

• Counselvise Citation: [2021] 104 COUNSELVISE.COM (IT) 7160 (ITAT-DELHI)
• Duration Of Justice: 2 year(s) 10 month(s) 8 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 30-11-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: F
• Assessment Year: 2015-2016
• Appeal Filed On: 21-01-2019
• Result in Favour of: Revenue
• Court: TRIBUNAL

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL DELHI BENCH ‘F’, NEW DELHI BEFORE SH. ANIL CHATURVEDI, ACCOUNTANT MEMBER AND SH. K. NARASIMHA CHARY, JUDICIAL MEMBER (THROUGH VIDEO CONFERENCING) ITA No.450/Del/2019 (Assessment Year : 2015-16) Shri Praveen Somani 204, 2 nd Floor, Lusa Tower, Azadpur, Delhi-110033 PAN : AATPS8157K Vs. Deputy Commissioner of Income Tax Circle 62(1), New Delhi (APPELLANT) (RESPONDENT) Assessee by None Revenue by Shri Kanv Bali, Sr. D.R. Date of hearing: 01.12.2021 Date of Pronouncement: 01.12.2021 ORDER PER ANIL CHATURVEDI, AM: This appeal filed by the Assessee is directed against the order dated 17.12.2018 of the Commissioner of Income Tax (Appeals)-20, New Delhi relating to Assessment Year 2015-16. 2. Before us, assessee has moved an application wherein the assessee has stated that it has opted for Vivad Se Vishwas (VSV) 2020 and has filed the declaration (Form-1) and undertaking ITA No. 450/Del/2019 2 (Form-2) Scheme and department had issued Form-3. The assessee therefore seeks to withdraw the appeal, to which the Revenue has no objection. 3. After considering the request made by the assessee, we dismiss the appeal of assessee as withdrawn subject to a caveat that in case the dispute relating to tax arrears for the captioned assessment year is not ultimately resolved in terms of the aforesaid Act, the assessee shall be at liberty to approach the Tribunal for reinstitution of the appeal and the Tribunal shall consider such application appropriately as per law. With these directions, appeal of the Assessee is dismissed as withdrawn. 4. In the result, appeal of the Assessee is dismissed. Order pronounced in the open court on 01.12.2021, immediately after conclusion of the hearing of the matter in virtual mode. Sd/- Sd/- (K. NARASIMHA CHARY) (ANIL CHATURVEDI) JUDICIAL MEMBER ACCOUNTANT MEMBER Date:- 01.12.2021 *Binita* Copy forwarded to: 1. Appellant 2. Respondent 3. CIT 4. CIT(Appeals) 5. DR: ITAT ASSISTANT REGISTRAR ITAT, NEW DELHI