ITO, WARD- 5(3), NEW DELHI V. CALENDULA DEALCOM PVT. LTD., NEW DELHI

ITA 4775/DEL/2017

• Counselvise Citation: [2021] 109 COUNSELVISE.COM (IT) 6420 (ITAT-DELHI)
• Duration Of Justice: 3 year(s) 6 month(s) 6 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 01-02-2021
• Appeal Filed By: Department
• Order Result: Dismissed
• Bench Allotted: B
• Assessment Year: 2010-2011
• Appeal Filed On: 26-07-2017
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Department Lawyers: NIDHI SRIVASTAVA
• Assessee Lawyers: UMANG LUTHRA

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL DELHI BENCH B : NEW DELHI (THROUGH VIDEO CONFERENCING) BEFORE JUSTICE P.P. BHATT, HONBLE PRESIDENT AND SHRI G.S. PANNU, HONBLE VICE PRESIDENT ITA NO. 4775/DEL/2017 ASSESSMENT YEAR : 2010-11 INCOME TAX OFFICER, WARD 5(3), NEW DELHI ROOM NO. 229-B, C.R. BUILDING, NEW DELHI (PAN: AADCC6032C) VS. M/S CALENDULA DEALCOM PVT. LTD., 1705, 4 TH FLOOR, ONKAR BHAWAN, BHAGIRTH PLACE, CHANDNI CHOWK, DELHI 6 (APPELLANT) (RESPONDENT) APPELLANT BY : MS. NIDHI SRIVASTAVA, CIT(DR) RESPONDENT BY : MS. UMANG LUTHRA, ADVOCATE. DATE OF HEARING : 01.02.2021 DATE OF PRONOUNCEMENT : 01.02.2021 ORDER PER JUSTICE P.P. BHATT, PRESIDENT THIS APPEAL BY THE REVENUE FOR THE ASSESSMENT YEAR 2010-11 IS DIRECTED AGAINST THE ORDER OF LEARNED CIT(A)-2, N EW DELHI. 2. THE ASSESSEES A.R. VIDE LETTER DATED 30.01.2021 HAS REQUESTED FOR DISMISSAL OF THE APPEAL FILED BY THE REVENUE AND S TATED THAT THE ASSESSEE HAS OPTED TO SETTLE THE DISPUTE RELATING TO THE TAX ARR EARS FOR THE ASSESSMENT YEAR UNDER CONSIDERATION UNDER THE VIVAD SE VISHWAS SCHE ME, 2020. A CERTIFICATE TO THIS EFFECT UNDER SECTION 5(1) OF THE DIRECT TAX VIVAD SE VISHWAS ACT, 2020 HAS ALSO BEEN FILED. IT WAS, ACCORDINGLY PRAYED FO R DISMISSAL OF THE APPEAL FILED BY THE REVENUE. 3. LEARNED CIT(DR) HAS NO OBJECTION. 2 4. IN VIEW OF THE ABOVE, WE ACCEPT THE REQUEST O F THE ASSESSEES AUTHORISED REPRESENTATIVE FOR DISMISSAL OF APPEAL FILED BY THE REVENUE. 5. IN THE RESULT, THE APPEAL OF THE REVENUE IS DIS MISSED. ABOVE DECISION WAS ANNOUNCED IN THE PRESENCE OF BO TH THE PARTIES ON CONCLUSION OF VIRTUAL HEARING ON 01 ST FEBRUARY, 2021. SD/- SD/- (G.S. PANNU) (JUSTICE P.P. BHATT) VICE PRESIDENT PRESIDENT SRB COPY FORWARDED TO: - 1. APPELLANT . 2. RESPONDENT. 3. CIT 4. CIT(A) 5. DR, ITAT ASSISTANT REGISTRAR