Kedia House Of Medicinesw Ltd, Gurugram V. DCIT, Circle-2(1), Gurugram

ITA 5556/DEL/2018

• Counselvise Citation: [2021] 109 COUNSELVISE.COM (IT) 6354 (ITAT-DELHI)
• Duration Of Justice: 2 year(s) 5 month(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 27-01-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: D
• Assessment Year: 2015-2016
• Appeal Filed On: 27-08-2018
• Result in Favour of: Revenue
• Court: TRIBUNAL

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL DELHI BENCH B : NEW DELHI (THROUGH VIDEO CONFERENCING) BEFORE SHRI G.S. PANNU, VICE PRESIDENT AND SHRI MAHAVIR PRASAD , JUDICIAL MEMBER ITA NO. 5556/DEL/2018 ASSESSMENT YEAR : 2015-16 M/S KEDIA HOUSE OF MEDICINES LTD., SCO-18, FIRST FLOOR, SARSWATI VIHAR, M.G. ROAD, HOUSING BOARD COMPLEX, CHAKKERPUR, GURUGRAM, HARYANA - 122002 (PAN: AAFCK0684E) VS. DCIT, CIRCLE 2(1), GURUGRAM HSIIDC BUILDING, UDYOG VIHAR, PHASE-V, GURGAON, HARYANA (APPELLANT) (RESPONDENT) APPELLANT BY : MS. SANGEETA SINGH, CA RESPONDENT BY : SH. M. BARANWAL, SR. DR. DATE OF HEARING : 27.01.2021 DATE OF PRONOUNCEMENT : 27.01.2021 ORDER PER G.S. PANNU, VP : THIS APPEAL BY THE ASSESSEE FOR THE ASSESSMENT YEAR 2015-16 IS DIRECTED AGAINST THE ORDER OF LEARNED CIT(A)-1, GURGA ON. 2 2. THE ASSESSEES A.R. VIDE HER LETTER DATED 25.1.2021 HAS REQUESTED FOR WITHDRAWAL OF THE APPEAL FILED BY THE ASSESSEE AND STATED THAT THE ASSESSEE HAS OPTED TO SETTLE THE DISPUTE RELATING TO THE TAX ARREARS FOR THE ASSESSMENT YEAR UNDER CONSIDERATION UNDER THE VIVAD SE VISHWAS SCHEME, 2020. A CERTIFICATE TO THIS EFFECT UNDER SECTION 5(1) OF THE DIRECT TAX VIVAD SE VISHWAS ACT, 2020 HAS ALSO BEEN FILED. 3. LEARNED SENIOR DR HAS NO OBJECTION. 4. IN VIEW OF THE ABOVE, WE ACCEPT THE REQUEST OF TH E ASSESSEE FOR WITHDRAWAL OF THE AFORESAID APPEAL. 5. IN THE RESULT, THE APPEAL OF THE ASSESSEE IS DISM ISSED AS WITHDRAWN. ABOVE DECISION WAS ANNOUNCED IN THE PRESENCE OF BOT H THE PARTIES ON CONCLUSION OF VIRTUAL HEARING ON 27 JANUARY, 2021. SD/- SD/- ( MAHAVIR PRASAD ) (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