Royal Airways Ltd., V. ADIT, Int. Taxation Circle-2(2),

ITA 5121/DEL/2004

• Counselvise Citation: [2021] 109 COUNSELVISE.COM (IT) 2595 (ITAT-DELHI)
• Duration Of Justice: 16 year(s) 3 month(s) 1 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 01-03-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: A
• Assessment Year: 1995-1996
• Appeal Filed On: 29-11-2004
• Result in Favour of: Revenue
• Court: TRIBUNAL

Judgement Text

INCOME TAX APPELLATE TRIBUNAL DELHI BENCH A: NEW DELHI (THROUGH VIDEO CONFERENCING) BEFORE SHRI R.K. PANDA, ACCOUNTANT MEMBER AND SHRI KULDIP SINGH, JUDICIAL MEMBER ITA NOS. 5114 TO 5119/DEL/2004 ASSTT. YEAR 1994-95 ITA NOS. 5120-5121/DEL/2004 ASSTT. YEAR 1995-96 ITA NOS. 5123 TO 5125/DEL/2004 ASSTT. YEAR 1995-96 ITA NOS. 5127, 5128/DEL/2004 ASSTT. YEAR 1995-96 ITA NOS. 5130 TO 5132/DEL/2004 ASSTT. YEAR 1996-97 M/S. ROYAL AIRWAYS LTD. (FORMERLY MODILUFT LTD. & M.G. EXPRESS LTD.) GENERAL MANAGER-FINANCE ROYAL AIRWAYS LTD. CARGO COMPLEX, INDIRA GANDHI AIRPORT (DOMESTIC) TERMINAL-1 NEW DELHI- 110 037 VS. ADIT, INTERNATIONAL TAXATION, CIRCLE-2(2), NEW DELHI. (APPELLANT) (RESPONDENT) ITA NO. 3831/DEL/2000 ASSTT. YEAR 1996-97 ADIT, INTERNATIONAL TAXATION, CIRCLE-2(2), VS. M/S. ROYAL AIRWAYS LTD. (FORMERLY MODILUFT LTD. & M.G. EXPRESS LTD.) GENERAL MANAGER-FINANCE 2 NEW DELHI ROYAL AIRWAYS LTD. CARGO COMPLEX, INDIRA GANDHI AIRPORT (DOMESTIC) TERMINAL-1 NEW DELHI- 110 037 (APPELLANT) (RESPONDENT) ITA NO. 4512/DEL/2000 ASSTT. YEAR 1995-96 ITA NO. 2862/DEL/2000 ASSTT. YEAR 1995-96 DCIT, INTERNATIONAL TAXATION, CIRCLE-2(2), NEW DELHI VS. M/S. ROYAL AIRWAYS LTD. (FORMERLY MODILUFT LTD. & M.G. EXPRESS LTD.) GENERAL MANAGER-FINANCE ROYAL AIRWAYS LTD. CARGO COMPLEX, INDIRA GANDHI AIRPORT (DOMESTIC) TERMINAL-1 NEW DELHI- 110 037 (APPELLANT) (RESPONDENT) O R D E R PER BENCH: THESE ARE A BUNCH OF 19 APPEALS IN WHICH LD. COUNSEL FOR THE ASSESSEE FILED AN APPLICATION SEEKING WITHDRAWAL OF THE APPEAL FILED BY THE ASSESSEE ON THE GROUND THAT ASSESSEE HAS OPTED TO ASSESSEE BY: SHRI SANJEEV KAPOOR, CA DEPARTMENT BY : SHRI SATPAL GULATI, CIT(DR) DA TE OF HEARING 01/03/2021 DATE OF PRONOUNCEMENT 01 / 03 /202 1 3 SETTLE THE DISPUTE UNDER THE VIVAD SE VISHWAS SCHEME - 2020 AND HAS RECEIVED FORM NO. 3. 3. IN VIEW OF THE ABOVE SUBMISSION OF THE LD. COUNSEL FOR THE ASSESSEE, AND IN ABSENCE OF ANY OBJECTION FROM THE SIDE OF THE LD. DR, THE REQUEST OF THE ASSESSEE SEEKING WITHDRAWAL OF THE APPEALS IS ALLOWED. THE APPEALS FILED BY THE ASSESSEE AS WELL AS REVENUE ARE ACCORDINGLY DISMISSED AS WITHDRAWN. ORDER PRONOUNCED IN THE OPEN COURT AT TIME OF HEARING ITSELF I.E. ON 1 ST MARCH, 2021. SD/- SD/- (KULDIP SINGH) (R.K. PANDA) JUDICIAL MEMBER ACCOUNTANT MEMBER DATED: 01/03/2021 VEENA COPY FORWARDED TO 1. APPLICANT 2. RESPONDENT 3. CIT 4. CIT (A) 5. DR:ITAT ASSISTANT REGISTRAR ITAT, NEW DEL HI