ACIT, Circle- 54(1), New Delhi V. Standing Conference of Public Enterprises , New Delhi

ITA 4929/DEL/2019

• Counselvise Citation: [2022] 105 COUNSELVISE.COM (IT) 9554 (ITAT-DELHI)
• Duration Of Justice: 2 year(s) 7 month(s) 28 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 27-01-2022
• Appeal Filed By: Department
• Order Result: Dismissed
• Bench Allotted: G
• Assessment Year: 2014-2015
• Appeal Filed On: 29-05-2019
• Result in Favour of: Assessee
• Court: TRIBUNAL

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL DELHI BENCH ‘G-FRIDAY’ : NEW DELHI (Through Video Conferencing) BEFORE SHRI G.S. PANNU, HON’BLE PRESIDENT AND SHRI AMIT SHUKLA, HON’BLE JUDICIAL MEMBER ITA No. 4929/Del/2019 Assessmen t Year : 2014-15 ACIT, CIRCLE 54(1), NEW DELHI ROOM NO. 1502, E-2 BLOCK, DR. S.P.M. CIVIC CENTRE, NEW DELHI – 2 Vs. STANDING CONFERENCE OF PUBLIC ENTERPRISES, 7, LODI ROAD, CORE NO. 8, 1 ST FLOOR, NEW DELHI – 3 (PAN: AAPFS7390N) (Appellant) (Respondent) Appellant by : Sh. Umesh Takyar, Sr. DR. Respondent by : Sh. Aashish Sac hdeva, CA Date of hearing : 28.01.2022 Date of pronouncement : 28.01.2022 PER G.S. PANNU, PRESIDENT : This appeal by the Revenue for the assessment year 2014-15 is directed against the order of L earned CIT(A)-35, New Delhi. 2 2. At the time of hearing, Learned Authoris ed Representative for the assessee has submitted that assessee has opted to settle the dispute relating to the tax arrears for the assessment year under consideration under the Vivad Se Vishwas Scheme, 2020. He further submitted that Form-4 has been issued. 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/- (AMIT SHUKLA) (G.S. PANNU) JUDICIAL MEMBER PRESIDENT SRB Copy forwarded to: - 1. Appellant. 2. Respondent. 3. CIT 4. CIT(A) 5. DR, ITAT Assistant Registrar, I TAT, DELHI BENCHES