Verma Economic Consultancy Services Pvt. Ltd., Delhi V. ACIT, Circle- 26(1), New Delhi

ITA 4664/DEL/2018

• Counselvise Citation: [2021] 107 COUNSELVISE.COM (IT) 8834 (ITAT-DELHI)
• Duration Of Justice: 3 year(s) 1 month(s) 7 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 02-08-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: F
• Assessment Year: 2014-2015
• Appeal Filed On: 25-06-2018
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: GOVIND SINGHAL

Judgement Text

ITA. 4664/DEL/2018 PAGE | 1 INCOME TAX APPELLATE TRIBUNAL [ DELHI BENCH F: NEW DELHI ] BEFORE SHRI KUL BHARAT, JUDICIAL MEMBER A N D SHRI PRASHANT MAHARISHI, ACCOUNTANT MEMBER (THROUGH VIDEO CONFERENCING) ITA. NO. 4664/DEL/2018 (ASSESSMENT YEAR: 2014-15) VERMA ECONOMIC CONSULTANCY SERVICES PVT. LTD., 19 SHRESTHA VIHAR, DELHI 110 092. PAN: AAACV5349Q VS. A CIT , CIRCLE : 26 (1) NEW DELHI. (APPELLANT) (RESPONDENT) ASSESSEE BY : SHRI SURESH GUPTA, C.A.; DEPARTMENT BY: SHRI GOVIND SINGHAL, SR. D . R . ; DATE OF HEARING : 02 /0 8 /2021 DATE OF PRONOUNCEMENT : 02 /0 8 /2021 O R D E R PER PRASHANT MAHARISHI, A. M. 1. THIS APPEAL IS FILED BY THE ASSESSEE FOR ASSESSMENT YEAR 2014-15 AGAINST THE ORDER OF THE LD. CIT (APPEALS)9, NEW DELHI, DATED 10.04.2018. 2. AT THE TIME OF HEARING THE ASSESSEE SUBMITTED THAT HE HAS OPTED TO SETTLE THE DISPUTE INVOLVED IN THE IMPUGNED APPEAL UNDER THE DIRECT TAX VIVAD SE VISHWAS SCHEME, 2020 AND HAS ALREADY FILED FORM NOS. 1 AND 2 UNDER THE SCHEME. THEREFORE, THE APPEAL OF THE ASSESSEE MAY BE ALLOWED TO BE WITHDRAWN. 3. THE LD. DR ALSO AGREED WITH THE ABOVE CONTENTIONS. 4. ON CAREFUL CONSIDERATION OF THE FACT IT IS FOUND THAT FORM NO. 3 HAS BEEN ISSUED TO THE ASSESSEE BY THE DEPARTMENT ON 19 TH OF JANUARY, 2021 UNDER THE DIRECT TAX VIVAD SE VISHWAS ACT, 2020. THEREFORE, THE APPEAL OF THE ASSESSEE IS ALLOWED AS WITHDRAWN AND HENCE DISMISSED. ITA. 4664/DEL/2018 PAGE | 2 5. IN THE RESULT, APPEAL OF THE ASSESSEE IS DISMISSED. ORDER PRONOUNCED IN THE OPEN COURT ON : 02/08/2021. SD/- SD/- ( KUL BHARAT ) (PRASHANT MAHARISHI) JUDICIAL MEMBER ACCOUNTANT MEMBER DATED : 02/08/2021. *MEHTA* COPY FORWARDED TO 1. APPELLANT; 2. RESPONDENT 3. CIT 4. CIT (APPEALS) 5. DR:ITAT ASSISTANT REGISTRAR ITAT, NEW DELHI ITA. 4664/DEL/2018 PAGE | 3 D ATE OF DICTATION 02 .0 8 .2021 DATE ON WHICH THE TYPED DRAFT IS PLACED BEFORE THE DICTATING MEMBER 02 .0 8 .2021 DATE ON WHICH THE TYPED DRAFT IS PLACED BEFORE THE OTHER MEMBER 02 .0 8 .2021 DATE ON WHICH THE APPROVED DRAFT COMES TO THE SR. PS/ PS 02 .0 8 .2021 DATE ON WHICH THE FAIR ORDER IS PLACED BEFORE THE DICTATING MEMBER FOR PRONOUNCEMENT 02 .0 8 .2021 DATE ON WHICH THE FAIR ORDER COMES BACK TO THE SR. PS/ PS 02 .0 8 .2021 DATE ON WHICH THE FINAL ORDER IS UPLOADED ON THE WEBSITE OF ITAT 02 .0 8 .2021 DATE ON WHICH THE FILE GOES TO THE BENCH CLERK 02 .0 8 .2021 DATE ON WHICH THE FILE GOES TO THE HEAD CLERK THE DATE ON WHICH THE FILE GOES TO THE ASSISTANT REGISTRAR FOR SIGNATURE ON THE ORDER DATE OF DISPATCH OF THE ORDER