ACIT Circle-24(1), New Delhi V. Srishti Infra Housing Pvt Ltd, New Delhi

ITA 4869/DEL/2019

AI Insights

The case involves an appeal by the Revenue against the order of the Commissioner of Income Tax (Appeals) - 34, Delhi, concerning the assessment year 2012-13. The respondent, Shristi Infra Housing Pvt. Ltd., had opted for the 'Vivad Se Vishwas Scheme 2020', a scheme aimed at resolving pending tax disputes. The designated authority had already granted a certificate to the respondent under this scheme. During the hearing, the counsel for the respondent submitted that they do not wish to defend the appeal, allowing the Revenue to exercise the option of availing the scheme. Consequently, the Revenue's appeal was dismissed in limine.

• Counselvise Citation: [2023] 140 COUNSELVISE.COM (IT) 121562 (ITAT-DELHI)
• Duration Of Justice: 4 year(s) 17 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 14-06-2023
• Appeal Filed By: Department
• Order Result: Dismissed
• Bench Allotted: B
• Next Hearing Date: 14-06-2023
• Assessment Year: 2012-2013
• Appeal Filed On: 27-05-2019
• Laws Referred To: Vivad Se Vishwas Scheme 2020
• Result in Favour of: Assessee
• Court: TRIBUNAL

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL DELHI BENCH “B” NEW DELHI BEFORE SHRI C.M. GARG, JUDICIAL MEMBER AND SHRI PRADIP KUMAR KEDIA, ACCOUNTANT MEMBER आयकर अपील सं./I. T. A. No. 4869/ De l/ 2019 ( नधा रण वष / As s es s ment Yea r : 2012-13) A C IT S ec t o r- 2 4 D e l hi बनाम/ V s . S h ri s ti I n fr a H o us i ng P vt . L t d. E- 8/ 8 , 2 n d F l oor , M a lv i y a N a g ar , D e l hi थायी लेखा सं./जीआइआर सं./P A N / G IR N o . A A PC S 4 4 8 7 D (अपीलाथ /Appellant) . . ( यथ / Respondent) अपीलाथ ओर से /Appellant by : Sh. Shankar Gupta, Sr DR यथ क ओर से / Respondent by : Sh. Utkarsh Gupta, Advocate स ु नवाई क तार ख / D a t e o f H e a r i ng 15.06.2022 घोषणा क तार ख /D a te o f P r o n o u nc e me n t 15.06.2022 आदेश/O R D E R PER PRADIP KUMAR KEDIA, AM: T he c a p t i on e d a pp e al h as b ee n fi l e d a t th e i ns t a nc e o f t he Re ve n ue a g a i ns t t he or d e r o f t h e C o m mi s s io ne r o f I nc o m e T a x (A p pe a l s ) -3 4, D e lh i (‘ CI T( A ) ’ i n s hor t) , d a t e d 15. 03 . 2 01 9 c on c e r n i n g A Y 2 012 -1 3. 2. Wh en t h e m at t e r w as ca l l e d fo r h e a ri ng in t he c ap ti on e d Re ve n ue ’s ap p e a l , L ea rn ed Co u ns el f or t he a s s es s e e a t t he ou t s e t s ub mi tt e d t h a t t h e de si g n a t e d a u t ho r i t y ha s al re a d y g ra nt ed c er ti fi c at e e l e c tr on i ca l l y t o th e de cl ar a n t a ss e s s ee ad mi tt i ng r e q ue s t o f t h e a s s es s e e fo r se t t le me nt o f d is p ut e un de r ‘V iv a d S e V i s hw a s S c he m e 20 20 ’ (V S V ) re a d w i t h ru l e s fra me d t he re un d er . Th e Ld . Co uns e l a c c o r di ng l y s ub mi t te d t ha t h e d oe s n ot s e ek t o d e f en d t h e s a id a pp e a l ow i ng t o e x e r c i s e o f o pt i on f or a v a i l i ng V S V s c he m e a nd c on se qu ent l y u r ge d t ha t as s e s s ee re q u es t fo r c lo s ur e o f Re ve n ue ’s a pp e al ma y pl e as e be gr a n t ed . 3. In t h e l i g ht o f a s s e rt i ons m ad e o n be h a l f o f th e c a p t i on ed A s s es s e e , t he a p p e al o f t he r ev e n u e is d i s mi s s ed i n l i mi ne . H ow e ver , t he R ev en u e w i ll be a t l i be r t y t o s e e k r est or a t i on o f or i g i n a l a ppe al f o r h ea ri ng be f or e I T A T in a c c o r da nc e w i t h l a w , i f c ons i de re d ex p e d i e nt fo r an y ju s ti fi a bl e r ea s o n. 4. In th e r es u l t , t he ca p t i o n e d a p pe al fi l e d by t he re ve nu e i s di s mis s e d. Sd/- Sd/- (C.M. GARG) (PRADI P KUM A R KEDI A) JUDI CI AL M EMBER ACCOUN TANT M EM BER Dated: /06/2023 *Neha* Copy forwarded to: 1. Appellant 2. Respondent 3. CIT 4. CIT(Appeals) 5. DR: ITAT ASSISTANT REGISTRAR ITAT NEW DELHI This Order pronounced on 15/06/2023