Wave Industries Pvt. Ltd., Noida V. DCIT, New Delhi

ITA 5242/DEL/2015

• Counselvise Citation: [2021] 109 COUNSELVISE.COM (IT) 5920 (ITAT-DELHI)
• Duration Of Justice: 5 year(s) 5 month(s) 12 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 02-02-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: E
• Assessment Year: 2012-2013
• Appeal Filed On: 21-08-2015
• Result in Favour of: Revenue
• Court: TRIBUNAL

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL, DELHI BENCH: E NEW DELHI BEFORE SHRI MAHAVIR PRASAD, JUDICIAL MEMBER AND SHRI O.P. KANT, ACCOUNTANT MEMBER [THROUGH VIDEO CONFERENCING] ITA NO.5242/DEL./2015 ASSESSMENT YEAR: 2012-13 M/S. WAVE INDUSTRIES PVT. LTD., C-1, SECTOR-3, NOIDA VS. DCIT, CENTRAL CIRCLE-29, NEW DELHI PAN :AAACC6691C (APPELLANT) (RESPONDENT) ORDER PER MAHAVIR PRASAD, JM: THIS APPEAL BY THE ASSESSEE IS DIRECTED AGAINST TH E ORDER OF LEARNED COMMISSIONER OF INCOME TAX (APPEALS)-30, NE W DELHI, DATED 25.05.2015 PASSED FOR ASSESSMENT YEAR 2012-13 . 2. WE HAVE HEARD LEARNED REPRESENTATIVE OF BOTH THE P ARTIES THROUGH VIDEO CONFERENCING. 3. THE ASSESSEE, VIDE ITS LETTER DATED 01.02.2021, HA S REQUESTED FOR WITHDRAWAL OF THE APPEAL AS THE ASSESSEE HAS OP TED TO SETTLE APPELLANT BY SHRI SANAT KAPOOR, ADV. RESPONDENT BY MS. PRAMITA M. BISWAS, CIT(DR) DATE OF HEARING 02.02.2021 DATE OF PRONOUNCEMENT 02.02.2021 2 ITA NO. 5242/DEL./2015 THE DISPUTE RELATING TO THE TAX ARREARS FOR THE ASS ESSMENT YEAR UNDER CONSIDERATION, UNDER THE VIVAD SE VISHWAS SCH EME, 2020. THE FORM NO. 3 HAS BEEN ISSUED IN FAVOUR OF THE ASSESSEE. 2. IN VIEW OF THE AFORESAID, THE APPEAL OF THE ASSESS EE IS DISMISSED AS WITHDRAWN. ORDER PRONOUNCED IN THE OPEN COURT ON 2 ND FEBRUARY, 2021 SD/- SD/- (O.P. KANT) (MAHAVIR PRASAD) ACCOUNTANT MEMBER JUDICIAL MEMBER DATED: 2 ND FEBRUARY, 2021. RK/- COPY FORWARDED TO: 1. APPELLANT 2. RESPONDENT 3. CIT 4. CIT(A) 5. DR ASST. REGISTRAR, ITAT, NEW DELHI