DCIT, Circle-18(1), New Delhi V. NDTV LIFESTYLE lTD., NEW dELHI

ITA 5575/DEL/2017

• Counselvise Citation: [2020] 110 COUNSELVISE.COM (IT) 0029 (ITAT-DELHI)
• Duration Of Justice: 3 year(s) 3 month(s) 22 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 23-12-2020
• Appeal Filed By: Department
• Order Result: Dismissed
• Bench Allotted: E
• Assessment Year: 2010-2011
• Appeal Filed On: 01-09-2017
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Department Lawyers: AMANPREET
• Section: 22

Judgement Text

PAGE | 1 INCOME TAX APPELLATE TRIBUNAL DELHI BENCH E: NEW DELHI BEFORE SHRI H.S.SIDHU, JUDICIAL MEMBER AND SHRI PRASHANT MAHARISHI, ACCOUNTANT MEMBER (THROUGH VIDEO CONFERENCING) ITA NO.5575/DEL/2017 (ASSESSMENT YEAR: 2010-11) DCIT , CIRCLE : 18 (1) NEW DELHI. VS. M/S. NDTV LIFESTYLE LIMITED, 207OKHLA INDUSTRIAL ESTATE, PHASEIII, NEWDELHI110020 PAN : AACCN4206A (APPELLANT) (RESPONDENT) ASSESSEE BY : SHRI ATUL NINAWAT, CA ; REVENUE BY: MS. AMAN PREET, SR. DR DATE OF HEARING 2 3/1 2 / 2020 DATE OF PRONOUNCEMENT 2 3 / 1 2 / 2020 O R D E R PER PRASHANT MAHARISHI, A. M. 1. THIS APPEAL IS FILED BY THE LD. ASSESSING OFFICER AGAINST THE ORDER OF THE LD. CIT (APPEALS)-38, NEW DELHI, DATED 4.05.2017, FOR ASSESSMENT YEAR 2010-11. 2. AT THE TIME OF HEARING THE LD. AR OF THE ASSESSEE SUBMITTED A LETTER DATED 22 ND DECEMBER, 2020 STATING THAT ASSESSEE IS KEEN TO RESOLVE ITS DISPUTE IN THE PRESENT APPEAL UNDER DIRECT TAX VIVAD SE VISHWAS SCHEME, 2020 AND CURRENTLY IS IN THE PROCESS OF FILING OF THE RELEVANT FORMS. HENCE, THE LD. AR SOUGHT ADJOURNMENT. 3. THE LD. DEPARTMENTAL REPRESENTATIVE SUBMITTED THAT WHEN ASSESSEE IS PROCEEDING FOR SETTLEMENT OF THE DISPUTE UNDER VIVAD SE VISHWAS SCHEME, THE APPEAL OF THE ASSESSEE SHOULD BE TREATED AS WITHDRAWN AND DISMISSED. 4. WE HAVE CAREFULLY CONSIDERED THE RIVAL CONTENTIONS. AS THE ASSESSEE IS IN PROCESS OF FILING OF FORMS UNDER VIVAD SE VISHWAS SCHEME, 2020 THERE IS NO PURPOSE IN ADJOURNING THE APPEAL. HENCE, THE ADJOURNMENT REQUEST OF THE LD. AR IS REJECTED. AS THE ASSESSEE IS IN THE PROCESS OF FILING RESPECTIVE FORMS PAGE | 2 UNDER DIRECT TAX VIVAD SE VISHWAS SCHEME, 2020 THE APPEAL OF THE ASSESSEE IS TREATED AS WITHDRAWN AND HENCE DISMISSED. HOWEVER, THE ASSESSEE IS GRANTED LIBERTY TO FILE A MISCELLANEOUS APPLICATION FOR RECALL OF THIS ORDER IN CASE ASSESSEE IS NOT GRANTED FORM NO. 3 UNDER THAT SCHEME FOR SETTLEMENT OF DISPUTE. 5. ACCORDINGLY, APPEAL OF THE ASSESSEE IS TREATED AS WITHDRAWN, HENCE DISMISSED. ORDER PRONOUNCED IN THE OPEN COURT ON : 23/12/2020. -/- D/- SD/- SD/- ( H. S. SIDHU ) (PRASHANT MAHARISHI) JUDICIAL MEMBER ACCOUNTANT MEMBER DATED : 23/12/2020 *MEHTA* COPY FORWARDED TO 1. APPELLANT; 2. RESPONDENT 3. CIT 4. CIT (A) 5. DR:ITAT ASSISTANT REGISTRAR ITAT, NEW DELHI DATE OF DICTATION 2 3 .12.2020. DATE ON WHICH THE TYPED DRAFT IS PLACED BEFORE THE DICTATING MEMBER 2 3 .12.2020. DATE ON WHICH THE TYPED DRAFT IS PLACED BEFORE THE OTHER MEMBER 2 3 .12.2020. DATE ON WHICH THE APPROVED DRAFT COMES TO THE SR. PS/ PS 2 3 .12.2020. DATE ON WHICH THE FAIR ORDER IS PLACED BEFORE THE DICTATING MEMBER FOR PRONOUNCEMENT 2 3 .12.2020. DATE ON WHICH THE FAIR ORDER COMES BACK TO THE SR. PS/ PS 2 3 .12.2020. DATE ON WHICH THE FINAL ORDER IS UPLOADED ON THE WEBSITE OF ITAT 2 3 .12.2020. DATE ON WHICH THE FILE GOES TO THE BENCH CLERK 2 3 .12.2020. DATE ON WHICH THE FILE GOES TO THE HEAD CLERK THE DATE ON WHICH THE FILE GOES TO THE ASSISTANT REGISTRAR FOR SIGNATURE ON THE ORDER DATE OF DISPATCH OF THE ORDER