True Blue Finance Lease Ltd., New Delhi V. ACIT, Central Circle- 29 , New Delhi

ITA 4687/DEL/2018

• Counselvise Citation: [2021] 104 COUNSELVISE.COM (IT) 8555 (ITAT-DELHI)
• Duration Of Justice: 3 year(s) 4 month(s) 21 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 14-11-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: G
• Assessment Year: 2007-2008
• Appeal Filed On: 24-06-2018
• Result in Favour of: Revenue
• Court: TRIBUNAL

Judgement Text

Page | 1 INCOME TAX APPELLATE TRIBUNAL DELHI BENCH “G”: NEW DELHI BEFORE SHRI AMIT SHUKLA, JUDICIAL MEMBER AND SHRI PRASHANT MAHARISHI, ACCOUNTANT MEMBER (Through Video Conferencing) ITA No. 4687/Del/2018 (Assessment Year: 2007-08) True Blue Finance Lease Ltd, Shop No. 53, First Floor, LSC Block- Vikashpuri, New Delhi PAN: AAACT4280C Vs. ACIT, Central Circle-29, New Delhi (Appellant) (Respondent) Assessee by : Shri Umesh Takyar, Sr. DR Revenue by: None Date of Hearing 15/11/2021 Date of pronouncement 15/11/2021 O R D E R PER PRASHANT MAHARISHI, A. M. 1. This appeal is filed by the assessee against the order of the ld CIT(A)-30, New Delhi dated 27/04/2018 for the Assessment Year 2007-08. 2. At the time of hearing the assessee submitted that it has opted to settle the dispute under Direct Taxes Vivaad se Vishwas Act, 2020 and submitted copy of Form No. 3 issued on 23/08/2021. The assessee submitted that there are certain discrepancies in Form No. 3 issued and the rectification of the same is in process. Therefore, it was stated that the appeal of the assessee may be treated as withdrawn. 3. The ld DR did not have any objection to the same. 4. We have carefully perused the letter wherein the assessee submitted by the assessee along with Form No. 3 issued on 23/03/2021 wherein, for Assessment Year 2007-08 the assessee has opted to settle the dispute under Direct Taxes Vivaad se Vishwas Act, 2020. In view of this the appeal of the assessee is dismissed as withdrawn. 5. In the result, the appeal of the assessee is dismissed. Order pronounced in the open court on 15/11/2021. -Sd/- -Sd/- (AMIT SHUKLA) (PRASHANT MAHARISHI) JUDICIAL MEMBER ACCOUNTANT MEMBER Dated: 15/11/2021 A K Keot Page | 2 Copy forwarded to 1. Applicant 2. Respondent 3. CIT 4. CIT (A) 5. DR:ITAT ASSISTANT REGISTRAR ITAT, New Delhi