SNB Enterprises Pvt. Ltd., New Delhi V. ACIT, (OSD) Circle-24(2), New Delhi

ITA 4624/DEL/2019

• Counselvise Citation: [2022] 106 COUNSELVISE.COM (IT) 4323 (ITAT-DELHI)
• Duration Of Justice: 3 year(s) 4 month(s) 1 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 21-09-2022
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: B
• Assessment Year: 2008-2009
• Appeal Filed On: 20-05-2019
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Assessee Lawyers: AMANDEEP MEHTA

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL (DELHI BENCH ‘B’ : NEW DELHI) SHRI SHAMIM YAHYA, ACCOUNTANT MEMBER and SHRI YOGESH KUMAR US, JUDICIAL MEMBER ITA No.4624/Del./2019 (ASSESSMENT YEAR : 2008-09) SNB Enterprises Pvt. Ltd., vs. ACIT (OSD), Circle 24(2), C-16, SMA Industrial Area, New Delhi. G.T. Karnal Road, New Delhi – 110 033. (PAN : AABCS6288G) (APPELLANT) (RESPONDENT) ASSESSEE BY : Shri Amandeep Mehta, Advocate REVENUE BY : Shri Sumit Kumar Verma, Sr. DR Date of Hearing : 20.09.2022 Date of Order : 22.09.2022 ORDER PER SHAMIM YAHYA, ACCOUNTANT MEMBER : This appeal by the assessee is directed against the order of the ld. CIT (Appeals)-8, New Delhi dated 19.03.2019 for the assessment year 2008-09. 2. At the outset, ld. Counsel of the assessee seeks withdrawal of the appeal on the ground 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 Scheme, 2020” and has filed Form 5 issued ITA No.4624/Del./2019 2 by the Department for the full and final settlement of tax arrears along with the application. 3. Keeping in view the aforesaid facts, present appeal is hereby dismissed with liberty to get it restored by the assessee in case dispute is not settled as per scheme. The Revenue has no objection with regard to the aforesaid caveat. Consequently, the present appeal is dismissed. Order pronounced in the open court on this day 22 nd of September, 2022. Sd/- sd/- (YOGESH KUMAR US ) (SHAMIM YAHYA) JUDICIAL MEMBER ACCOUNTANT MEMBER Dated the 22 nd day of September, 2022 TS Copy forwarded to: 1.Appellant 2.Respondent 3.CIT 4.CIT (A)-8, New Delhi. 5.CIT(ITAT), New Delhi. AR, ITAT NEW DELHI.