Karan Automotives Pvt. Ltd., Faridabad V. ACIT, Circle- II , Faridabad

ITA 5565/DEL/2018

• Counselvise Citation: [2021] 108 COUNSELVISE.COM (IT) 5040 (ITAT-DELHI)
• Duration Of Justice: 2 year(s) 7 month(s) 18 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 15-04-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: D
• Assessment Year: 2012-2013
• Appeal Filed On: 28-08-2018
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Section: 13

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL DELHI BENCH C: NEW DELHI (THROUGH VIDEO CONFERENCING) BEFORE, SHRI G. S. PANNU, VICE PRESIDENT AND SHRI KUL BHARAT, JUDICIAL MEMBER I.T.A NOS.5564/DEL/2018 (ASSESSMENT YEAR 2011- 12 ) I.T.A NOS.5565/DEL/2018 (ASSESSMENT YEAR 2012- 13 ) M/S KARAN AUTOMOTIVES PRIVATE LIMITED PLOT NO.17/C, INDUSTRIAL AREA, NIT FARIDABAD. PAN-AACCK 1979P VS. ASST. CIT, CIRCLE-II, FARIDABAD. (APPELLANT) (RESPONDENT) APPELLANT BY NONE RESPONDENT BY SH. R.K. GUPTA, SR. DR DATE OF HEARING 15.04.2021 DATE OF PRONOUNCEMENT 15.04.2021 ORDER PER G.S.PANNU, VP: BOTH APPEALS BY THE ASSESSEE FOR THE ASSESSMENT YEA RS 2011-12 & 2012- 13 ARE DIRECTED AGAINST THE ORDER OF LEARNED CIT(A) , FARIDABAD DATED 29.06.2018. 2 ITA NO.5564 & 5565 /DEL/2 018 M/S KARAN AUTOMOTIVES PVT. LTD. VS. DCIT 2. NOBODY APPEARED ON BEHALF OF THE ASSESSEE AT THE TIME OF VIRTUAL HEARING BEFORE US. THE LEARNED COUNSEL FOR THE ASSE SSEE, VIDE LETTER DATED 31.03.2021 HAS REQUESTED FOR WITHDRAWAL OF THE APPE ALS FILED BY THE ASSESSEE AND STATED THAT THE ASSESSEE HAS OPTED TO SETTLE TH E DISPUTE RELATING TO THE TAX ARREARS FOR THE ASSESSMENT YEARS UNDER CONSIDERATIO N 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 T HE ASSESSEE FOR WITHDRAWAL OF THE APPEALS. 5. IN THE RESULT, BOTH APPEALS OF THE ASSESSEE ARE DISMISSED AS WITHDRAWN. ABOVE DECISION WAS ANNOUNCED ON CONCLUSION OF VIRTU AL HEARING ON 15 TH APRIL, 2021. SD/- SD/- (KUL BHARAT) (G.S.PANNU) JUDICIAL MEMBER VICE PRESIDENT PK/PS COPY FORWARDED TO: 1. APPELLANT 2. RESPONDENT 3. CIT 4. CIT(APPEALS) 5. DR: ITAT ASSISTANT REGISTRAR ITAT NEW DELHI