Sh. Nanak Chand Aggarwal, New Delhi V. ITO, Faridabad

ITA 5452/DEL/2016

• Counselvise Citation: [2020] 110 COUNSELVISE.COM (IT) 9088 (ITAT-DELHI)
• Duration Of Justice: 3 year(s) 9 month(s) 16 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 07-08-2020
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: E
• Assessment Year: 2011-2012
• Appeal Filed On: 21-10-2016
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: SARAS KUMAR SENIOR

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL IN THE INCOME TAX APPELLATE TRIBUNAL IN THE INCOME TAX APPELLATE TRIBUNAL IN THE INCOME TAX APPELLATE TRIBUNAL DELHI DELHI DELHI DELHI FRIDAY BENCH FRIDAY BENCH FRIDAY BENCH FRIDAY BENCH A AA A : NEW DELHI : NEW DELHI : NEW DELHI : NEW DELHI (THROUGH VIDEO CONFERENCING) (THROUGH VIDEO CONFERENCING) (THROUGH VIDEO CONFERENCING) (THROUGH VIDEO CONFERENCING) BEFORE SHRI G.S. PANNU BEFORE SHRI G.S. PANNU BEFORE SHRI G.S. PANNU BEFORE SHRI G.S. PANNU, ,, , VICE PRESIDENT AND VICE PRESIDENT AND VICE PRESIDENT AND VICE PRESIDENT AND SHRI K. NARASIMHA CHARY SHRI K. NARASIMHA CHARY SHRI K. NARASIMHA CHARY SHRI K. NARASIMHA CHARY, JUDICIAL MEMBER , JUDICIAL MEMBER , JUDICIAL MEMBER , JUDICIAL MEMBER ITA NO. ITA NO. ITA NO. ITA NO. 4436/DEL/2015 & 5452/DEL/2016 4436/DEL/2015 & 5452/DEL/2016 4436/DEL/2015 & 5452/DEL/2016 4436/DEL/2015 & 5452/DEL/2016 ASSESSMENT YEAR ASSESSMENT YEAR ASSESSMENT YEAR ASSESSMENT YEAR : : : : 20 2020 20 1 11 1 1 11 1 - -- - 12 1212 12 SHRI NANAK CHAND AGGARWAL, SHRI NANAK CHAND AGGARWAL, SHRI NANAK CHAND AGGARWAL, SHRI NANAK CHAND AGGARWAL, C/O M/S RRA TAXINDIA, C/O M/S RRA TAXINDIA, C/O M/S RRA TAXINDIA, C/O M/S RRA TAXINDIA, D DD D- -- -28, SOUTH EXTENSION, PART 28, SOUTH EXTENSION, PART 28, SOUTH EXTENSION, PART 28, SOUTH EXTENSION, PART- -- -I, I,I, I, NEW DELHI NEW DELHI NEW DELHI NEW DELHI 110 049. 110 049. 110 049. 110 049. PAN : ABAPA4321P. PAN : ABAPA4321P. PAN : ABAPA4321P. PAN : ABAPA4321P. VS. VS. VS. VS. INCOME TAX OFFICER, INCOME TAX OFFICER, INCOME TAX OFFICER, INCOME TAX OFFICER, WARD WARD WARD WARD- -- -11(3 11(3 11(3 11(3) )) ) & 11(1) & 11(1) & 11(1) & 11(1), ,, , FARIDABAD. FARIDABAD. FARIDABAD. FARIDABAD. (APPELLANT) (RESPONDENT) APPELLANT BY : SHRI TARUN KUMAR , ADVOCAT E. RESPONDENT BY : SHRI SARAS KUMAR , SENIOR DR. DATE OF HEARING : 07.08 07.08 07.08 07.08.2020 .2020 .2020 .2020 DATE OF PRONOUNCEMENT : 07.08 07.08 07.08 07.08.2020 .2020 .2020 .2020 ORDER ORDER ORDER ORDER PER G.S. PANNU PER G.S. PANNU PER G.S. PANNU PER G.S. PANNU, , , , VP VPVP VP : :: : THESE APPEALS BY THE ASSESSEE FOR THE ASSESSMENT Y EAR 2011-12 ARE DIRECTED AGAINST THE ORDER OF LEARNED CIT(A), F ARIDABAD DATED 28 TH MAY, 2015. 2. THE ASSESSEE, VIDE LETTER DATED 24 TH JULY, 2020 HAS REQUESTED FOR WITHDRAWAL OF THE APPEALS FILED BY THE ASSESSEE AND STATED THAT THE ASSESSEE HAS OPTED TO SETTLE THE DISPUTE RELATING T O THE TAX ARREARS FOR THE ASSESSMENT YEAR UNDER CONSIDERATION UNDER THE V IVAD SE VISHWAS SCHEME, 2020. A CERTIFICATE TO THIS EFFECT UNDER S ECTION 5(1) OF THE DIRECT TAX VIVAD SE VISHWAS ACT, 2020 HAS ALSO BEEN FILED. 3. LEARNED SENIOR DR HAS NO OBJECTION. ITA-4436/DEL/2015 & 5452/DEL/2016 2 4. IN VIEW OF THE ABOVE, WE ACCEPT THE REQUEST OF T HE ASSESSEE FOR WITHDRAWAL OF THE APPEALS. 5. IN THE RESULT, THE APPEALS OF THE ASSESSEE ARE D ISMISSED AS WITHDRAWN. ABOVE DECISION WAS ANNOUNCED IN THE PRESENCE OF BOT H THE PARTIES ON CONCLUSION OF VIRTUAL HEARING ON 7 TH AUGUST, 2020. SD/- SD/- ( (( ( K. NARASIMHA CHARY K. NARASIMHA CHARY K. NARASIMHA CHARY K. NARASIMHA CHARY ) )) ) (G.S. PANNU (G.S. PANNU (G.S. PANNU (G.S. PANNU ) )) ) JUDICIAL JUDICIAL JUDICIAL JUDICIAL MEMBER MEMBER MEMBER MEMBER VICE PRESIDENT VICE PRESIDENT VICE PRESIDENT VICE PRESIDENT VK. COPY FORWARDED TO: - 1. APPELLANT : SHRI NANAK CHAND AGGARWAL, SHRI NANAK CHAND AGGARWAL, SHRI NANAK CHAND AGGARWAL, SHRI NANAK CHAND AGGARWAL, C/O M/S RRA TAXINDIA, D C/O M/S RRA TAXINDIA, D C/O M/S RRA TAXINDIA, D C/O M/S RRA TAXINDIA, D- -- -28, SOUTH EXTENSION, PART 28, SOUTH EXTENSION, PART 28, SOUTH EXTENSION, PART 28, SOUTH EXTENSION, PART- -- -I, I,I, I, NEW D NEW D NEW D NEW DELHI ELHI ELHI ELHI 110 049. 110 049. 110 049. 110 049. 2. RESPONDENT : INCOME TAX OFFICER, WARD INCOME TAX OFFICER, WARD INCOME TAX OFFICER, WARD INCOME TAX OFFICER, WARD- -- -11(3) & 11(1), 11(3) & 11(1), 11(3) & 11(1), 11(3) & 11(1), FARIDABAD. FARIDABAD. FARIDABAD. FARIDABAD. 3. CIT 4. CIT(A) 5. DR, ITAT ASSISTANT REGISTRAR