Power Grid Corp. of India Ltd., New Delhi V. Addl. CIT, Special Range- 7 , New Delhi

ITA 4579/DEL/2018

• Counselvise Citation: [2021] 107 COUNSELVISE.COM (IT) 7536 (ITAT-DELHI)
• Duration Of Justice: 3 year(s) 2 month(s) 10 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 31-08-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: F
• Assessment Year: 2014-2015
• Appeal Filed On: 20-06-2018
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: M BARANWAL
• Assessee Lawyers: ARPIT GUPTA

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL DELHI BENCH E: NEW DELHI (THROUGH VIDEO CONFERENCING) BEFORE SHRI G.S. PANNU, VICE PRESIDENT AND MS. SUCHITRA KAMBLE, JUDICIAL MEMBER ITA NO.4579/DEL/2018 ASSESSMENT YEAR : 2014-15 POWER GRID CORP. OF INDIA LTD., B-9 QUTAB INSTITUTIONAL AREA, KATWARIA SARAI, NEW DELHI 110016 PAN : AAACP0252G VS. ADDL. CIT, SPECIAL RANGE-7, NEW DELHI (APPELLANT) (RESPONDENT) APPELLANT BY : MR. ARPIT GUPTA, CA RESPONDENT BY : SH. M. BARANWAL, SR. DR DATE OF HEARING : 31.08.2021 DATE OF PRONOUNCEMENT : 31.08.2021 ORDER PER G.S. PANNU, VP : THIS APPEAL BY THE ASSESSEE FOR THE ASSESSMENT YEAR 2014-15 IS DIRECTED AGAINST THE ORDER OF LEARNED CIT(A)-38, NEW DELHI, 29.01.20 18. 2. THE LEARNED COUNSEL FOR THE ASSESSEE, VIDE ITS LETTER DATED 0 7.04.2021, RECEIVED BY E-MAIL, HAS REQUESTED FOR WITHDRAWAL OF THE APPEAL FI LED BY HIM AND STATED THAT THE ASSESSEE HAS OPTED TO SETTLE THE DISPUTE RELATI NG TO THE ITA-4579/DEL/2018 2 TAX ARREARS FOR THE ASSESSMENT YEAR UNDER CONSIDERATION UNDER TH E VIVAD SE VISHWAS SCHEME, 2020. 3. LEARNED SENIOR DR HAS NO OBJECTION. 4. IN VIEW OF THE ABOVE, WE ACCEPT THE REQUEST OF THE ASSESSEE FOR WITHDRAWAL OF THE APPEAL. 5. IN THE RESULT, THE APPEAL OF THE ASSESSEE IS DISMISSED AS WITHDRA WN. ABOVE DECISION WAS ANNOUNCED ON CONCLUSION OF VIRTUAL HEARING ON 31 AUGUST, 2021 IN PRESENCE OF BOTH THE PARTIES. SD/- SD/- (SUCHITRA KAMBLE) (G.S. PANNU) JUDICIAL MEMBER VICE PRESIDENT *BINITA* COPY FORWARDED TO: - 1. APPELLANT 2. RESPONDENT 3. CIT 4. CIT(A) 5. DR, ITAT BY ORDER ASSISTANT REGISTRAR, ITAT, DELHI DRAFT DICTATED 3 1 .0 8 .2021 DRAFT PLACED BEFORE AUTHOR 3 1 .0 8 .2021 APPROVED DRAFT COMES TO THE SR.PS/PS ORDER SIGNED AND PRONOUNCED ON FILE SENT TO THE BENCH CLERK DATE ON WHICH FILE GOES TO THE AR DATE ON WHICH FILE GOES TO THE HEAD CLERK. DATE OF DISPATCH OF ORDER. DATE OF UPLOADING ON THE WEBSITE