MODI RUBBER LTD., NEW DELHI V. DCIT, CIRCLE- 5(1), NEW DELHI

ITA 5139/DEL/2018

• Counselvise Citation: [2021] 109 COUNSELVISE.COM (IT) 0220 (ITAT-DELHI)
• Duration Of Justice: 2 year(s) 7 month(s) 14 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 12-03-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: E
• Assessment Year: 2011-2012
• Appeal Filed On: 27-07-2018
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: M BARANWAL

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL DELHI BENCH A : NEW DELHI (THROUGH VIDEO CONFERENCING) BEFORE SHRI G.S. PANNU, VICE PRESIDENT AND SHRI K. NARASIMHA CHARY , JUDICIAL MEMBER ITA NOS. 5138 & 5139/DEL/2018 ASSESSMENT YEARS : 2010-11 & 2011-12 M/S MODI RUBBER LTD., 4-7C, DDA SHOPPING CENTRE, NEW FRIENDS COLONY, NEW DELHI 25 (PAN: AAACM2062R) VS. DCIT, CIRCLE 5(1) NEW DELHI (APPELLANT) (RESPONDENT) ITA NOS. 6867/DEL/2018 & 9369/DEL/2019 ASSESSMENT YEARS : 2014-15 & 2016-17 M/S MODI RUBBER LTD., 4-7C, DDA SHOPPING CENTRE, NEW FRIENDS COLONY, NEW DELHI 25 (PAN: AAACM2062R) VS. ACIT, CIRCLE 17(1) NEW DELHI (APPELLANT) (RESPONDENT) 2 APPELLANT BY : MS. SOMYA JAIN, CA RESPONDENT BY : SH. M. BARANWAL, SR. DR. DATE OF HEARING : 12.03.2021 DATE OF PRONOUNCEMENT : 12.03.2021 ORDER PER G.S. PANNU, VP : THESE 04 APPEALS BY THE ASSESSEE FOR THE ASSESSMENT Y EARS 2010-11, 2011-12, 2014-15 & 2016-17 ARE DIRECTED AGAINST THE SEPARATE OR DERS OF LEARNED CIT(A)-38, NEW DELHI; LD. CIT(A)-28, NEW DELHI AND LD. CIT(A)-6, NEW DELHI RESPECTIVELY. 2. THE ASSESSEES AUTHORISED REPRESENTATIVE IN ALL THE APPEALS VIDE HER LETTER DATED 13.02.2021 HAS REQUESTED FOR WITHDRAWAL OF A LL THE APPEALS FILED BY THE ASSESSEE AND STATED THAT THE ASSESSEE HAS OPTED TO SETTLE THE DISPUTE RELATING TO THE TAX ARREARS FOR THE ASSESSM ENT YEARS UNDER CONSIDERATION UNDER THE VIVAD SE VISHWAS SCHEME, 2020. A CERTIFICATE TO THIS EFFECT UNDER SECTION 5(1) OF THE DIRECT TAX VIVAD S E VISHWAS ACT, 2020 HAS ALSO BEEN FILED IN ALL THE 04 APPEALS. 3. LEARNED SENIOR DR HAS NO OBJECTION. 4. IN VIEW OF THE ABOVE, WE ACCEPT THE REQUEST OF TH E ASSESSEES A.R. FOR WITHDRAWAL OF THE AFORESAID APPEALS. 3 5. IN THE RESULT, ALL THE 04 APPEALS OF THE ASSESSEE A RE DISMISSED AS WITHDRAWN. ABOVE DECISION WAS PRONOUNCED IN THE PRESENCE OF B OTH THE PARTIES ON CONCLUSION OF VIRTUAL HEARING ON 12 MARCH, 2021. SD/- SD/- ( K. NARASIMHA CHARY ) (G.S. PANNU) JUDICIAL MEMBER VICE PRESIDENT SRB COPY FORWARDED TO: - 1. APPELLANT . 2. RESPONDENT. 3. CIT 4. CIT(A) 5. DR, ITAT ASSISTANT REGISTRAR 4