Nachi Motherson Precision P.Ltd, New Delhi V. ITO, Ward-13(1), New Delhi

ITA 4593/DEL/2017

• Counselvise Citation: [2021] 107 COUNSELVISE.COM (IT) 5107 (ITAT-DELHI)
• Duration Of Justice: 4 year(s) 1 month(s) 18 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 31-08-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: E
• Assessment Year: 2011-2012
• Appeal Filed On: 12-07-2017
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: M BARNWAL

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 I.T.A NO.4593/DEL/2017 (ASSESSMENT YEAR 2011-1 2 ) M/S NACHI PRECISION TOOL INDIA PVT. LTD. (THE COMPANY) (FORMERLY NACHI MOTHERSON PRECISION PRIVATE LIMITED.) 2 ND FLOOR, F-7, BLOCK B-1, MOHAN CO-OPERATIVE INDUSTRIAL ESTATE, MATHURA ROAD, NEW DELHI-110 044 PAN-AADCN 4266B VS. INCOME TAX OFFICER, WARD-13(1), NEW DELHI. (APPELLANT) (RESPONDENT) APPELLANT BY NONE RESPONDENT BY MR. M. BARNWAL, 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 Y EAR 2011-12 IS DIRECTED AGAINST THE ORDER OF LEARNED CIT(A)-42, NE W DELHI DATED 26.04.2017. 2 ITA NO.4593 /DEL/2017 NACHI MOTH ERSON PRECISION PVT. LTD. VS. ITO 2. NOBODY APPEARED ON BEHALF OF THE ASSESSEE AT THE TIME OF VIRTUAL HEARING BEFORE US. THE LEARNED COUNSEL FOR THE ASSE SSEE, VIDE LETTER DATED 25.08.2021 HAS REQUESTED FOR WITHDRAWAL OF THE APPE AL FILED BY THE ASSESSEE AND STATED THAT THE ASSESSEE HAS OPTED TO SETTLE TH E DISPUTE RELATING TO THE TAX ARREARS FOR THE ASSESSMENT YEAR UNDER CONSIDERATION UNDER THE VIVAD SE VISHWAS SCHEME, 2020. A CERTIFICATE TO THIS EFFECT UNDER SECTION 5(1) OF THE DIRECT TAX VIVAD SE VISHWAS ACT, 2020 HAS ALSO BEEN FILED. 3. LEARNED SENIOR DR HAS NO OBJECTION. 4. IN VIEW OF THE ABOVE, WE ACCEPT THE REQUEST OF T HE 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 IN THE RESULT, THE APPEAL OF THE ASSESSEE IS DIS MISSED AS WITHDRAWN.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 31 ST AUGUST, 2021. SD/- SD/- (SUCHITRA KAMBLE) (G.S.PANNU) JUDICIAL MEMBER VICE PRESIDENT PK/PS COPY FORWARDED TO: 1. APPELLANT 2. RESPONDENT 3. CIT 4. CIT(APPEALS) 5. DR: ITAT ASSISTANT REGISTRAR ITAT NEW DELHI