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

ITA 4683/DEL/2018

• Counselvise Citation: [2022] 105 COUNSELVISE.COM (IT) 9557 (ITAT-DELHI)
• Duration Of Justice: 3 year(s) 7 month(s) 2 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 27-01-2022
• Appeal Filed By: Department
• Order Result: Dismissed
• Bench Allotted: F
• Assessment Year: 2014-2015
• Appeal Filed On: 24-06-2018
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Section: 22

Judgement Text

I N THE INC OM E TAX APP ELLATE TRIBUN AL DEL HI BENCH ‘ F-F RI DAY’ : NEW DELHI (Th ro ug h Vid eo Co nferen cin g) B EFO RE S HRI G. S. PANN U, HO N’ BLE PRESIDENT AN D SHRI AM IT S HUKL A, HO N’ BLE JU DICIA L MEMBER ITA N o. 4 6 83/Del/ 20 18 Asses smen t Y ear : 2 0 14- 15 ADD L. CIT, SPEC IAL RANGE- 7, R OOM NO. 211, C .R. B UIL DIN G, I. P. ESTATE, N EW DELHI - 1 10 0 02 Vs. M/S P OWER GRID C O RPO RATI ON OF IN DIA L TD. B-9, QUTAB INSTI TU TI ONAL AREA, KATWAR IA SA RAI , NEW DELHI – 1 10 0 16 (PAN: AAAC P025 2G) (Appel lant) (Respo nden t) Appellant by : Sh. Umesh Takyar, Sr. DR. Respondent by : Sh. Aashish Sac hdeva, CA Date of hearing : 28.0 1.2 02 2 Date of pronouncement : 2 8. 01.2 0 22 P ER G. S. PAN NU, P RESI DENT : This appeal by the Revenue for the assessment year 2014-15 is directed against the order of L earned CIT(A)-38, New Delhi. 2. At the time of hearing, Learned Authoris ed Representative for the assessee has submitted that assessee has opted to settle the dispute 2 relating to the tax arrears for the assessment year under consideration under the Vivad Se Vishwas Scheme, 2020. He further submitted that Form-5 dated 27.10.2021 has been issued by the Pr. CIT-07, New Delhi. Therefore, he requested for dismissal of the Revenue’s appeal. 3. Learned Senior DR has no objection. 4. In view of the above, we accept the request of the assessee’s A.R. for dismissal of the Revenue’s appeal. 5. In the result, the appeal filed by the Revenue is dismissed. Above decision was pronounced in the presence of both the parties on c onclusion of Virtual Hearing on 28 th January, 2022. Sd/- Sd/- (AMI T S HUKLA) (G. S. PAN NU) JU DI CIAL MEM BER P RESI DENT SRB Copy forwarded to: - 1. Appellant. 2. Respondent. 3. CIT 4. CIT(A) 5. DR, ITAT Assistant Registrar, I TAT, DELHI BENCHES