M B Finmart Pvt. Ltd., New Delhi V. DCIT, Circle- 16(1), New Delhi

ITA 4979/DEL/2018

• Counselvise Citation: [2021] 104 COUNSELVISE.COM (IT) 6082 (ITAT-DELHI)
• Duration Of Justice: 3 year(s) 5 month(s) 7 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 19-12-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: E
• Assessment Year: 2007-2008
• Appeal Filed On: 12-07-2018
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Section: 143(3)

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL (DELHI BENCH ‘E’ : NEW DELHI) BEFORE SHRI AMIT SHUKLA, JUDICIAL MEMBER and SHRI ANADEE NATH MISSHRA, ACCOUNTANT MEMBER ITA No.4979/Del./2018 (ASSESSMENT YEAR : 2013-14) M/s. M.B. Finmart Pvt. Ltd., vs. DCIT, Circle 16 91), 4 th Floor, Punjabi Bhawan, New Delhi. 10, Rouse Avenue, New Delhi – 110 002. (PAN : AAACD9678C) (APPELLANT) (RESPONDENT) ASSESSEE BY : None REVENUE BY : Ms. Rinku Singh, Sr.DR Date of Hearing : 20.12.2021 Date of Order : 20.12.2021 O R D E R PER AMIT SHUKLA, JM : Aforesaid appeal has been filed by the assessee against the impugned order dated 02.06.2018 passed by the ld. CIT(A)-28, New Delhi for the quantum of assessment passed under section 143(3) of the Income-tax Act, 1961 (for short ‘the Act’) for the assessment year 2013-14. 2. The assessee filed an application dated 17.11.2021 seeking withdrawal of the appeal on the ground that the assessee has opted to settle the dispute relating to the tax ITA No.4979/Del./2018 2 arrears for the assessment year under consideration under the “Vivad Se Vishwas Scheme, 2020”. 3. Keeping in view the aforesaid facts, present appeal is hereby dismissed with liberty to get it restored by the assessee in case dispute is not settled as per scheme. The Revenue has no objection with regard to the aforesaid caveat. Consequently, the present appeal is dismissed. Order pronounced in open court on this 20 th day of December, 2021. SD/- SD/- (ANADEE NATH MISSHRA) (AMIT SHUKLA) ACCOUNTANT MEMBER JUDICIAL MEMBER Dated the 20 TH day of December, 2021 TS Copy forwarded to: 1.Appellant 2.Respondent 3.CIT 4.CIT(A)-28, New Delhi. 5.CIT(ITAT), New Delhi. AR, ITAT NEW DELHI.