Medha Energy Pvt. Ltd, New Delhi V. PCIT , Gurgaon

ITA 4970/DEL/2019

• Counselvise Citation: [2022] 105 COUNSELVISE.COM (IT) 3142 (ITAT-DELHI)
• Duration Of Justice: 2 year(s) 11 month(s) 4 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 03-05-2022
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: E
• Assessment Year: 2014-2015
• Appeal Filed On: 29-05-2019
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Keywords: Revision of order
• Section: 263

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL DELHI BENCH ‘E’, NEW DELHI Before Dr. B. R. R. Kumar, Accountant Member Sh. Anubhav Sharma, Judicial Member ITA No. 4970/Del/2019 : Asstt. Year : 2014-15 Medha Energy Pvt. Ltd., Unit No. 236D & 236C, First Floor, DLF South Court, Saket, New Delhi-110017 Vs PCIT, Gurgaon-122016 (APPELLANT) (RESPONDENT) PAN No. AAHCM5153E Assessee by : None Revenue by : Ms. Pramita M. Biswas, CIT DR Date of Hearing: 04.05.2022 Date of Pronouncement: 04.05.2022 ORDER Per Dr. B. R. R. Kumar, Accountant Member: The present appeal has been filed by the assessee against the order of ld. PCIT, Gurgaon dated 07.03.2019. 2. At the outset, it was brought to the notice of bench by the ld. DR that the assessee has filed application under the “Direct Tax Vivad se Vishwas Act 2020” and has already submitted Form 1 & 2 and Form 5 have been issued by the designated authority. 3. Keeping in view the exercise of option by the assessee to opt for the scheme, the appeal of the assessee against the order u/s 263 is being dismissed as infructuous. ITA No.4970/Del/2019 Medha Energy Pvt. Ltd. 2 4. In the result, the appeal of the assessee is dismissed. Order Pronounced in the Open Court on 04/05/2022. Sd/- Sd/- (Anubhav Sharma) (Dr. B. R. R. Kumar) Judicial Member Accountant Member Dated: 04/05/2022 *Subodh Kumar, Sr. PS* Copy forwarded to: 1. Appellant 2. Respondent 3. CIT 4. CIT(Appeals) 5. DR: ITAT ASSISTANT REGISTRAR