ACIT circle-14(1), New Delhi V. Kanti Bijlee Utpadan Nigam Ltd., New Delhi

ITA 5587/DEL/2019

• Counselvise Citation: [2022] 106 COUNSELVISE.COM (IT) 9425 (ITAT-DELHI)
• Duration Of Justice: 3 year(s) 2 month(s) 12 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 06-09-2022
• Appeal Filed By: Department
• Order Result: Dismissed
• Bench Allotted: G
• Assessment Year: 2014-2015
• Appeal Filed On: 25-06-2019
• Result in Favour of: Assessee
• Court: TRIBUNAL

Judgement Text

Page | 1 IN THE INCOME TAX APPELLATE TRIBUNAL DELHI BENCH ‘H’, NEW DELHI Before Shri C. N. Prasad, Judicial Member Dr. B. R. R. Kumar, Accountant Member ITA No. 5585, 5587 and 5588/Del/2019 Assessment Year: 2012-13, 2014-15 and 2015-16 ACIT, Circle-14(1), New Delhi Vs. Kanti Bijlee Utpadan Nigam Ltd, NTPC Bhawan, Scope Complex, Lodhi Road 7, Instutional Area, New Delhi (APPELLANT) (RESPONDENT) PAN No. AACCV4323J Assessee by : Shri Rajnish Mathur, CA Revenue by : Shri M. Baranwal, CIT DR Date of Hearing: 05/09/2022 Date of Pronouncement: 07.09.2022 ORDER Per Dr. B. R. R. Kumar, Accountant Member: 1. These are the appeals filed by the Assessee against the order of the ld CIT(A)-5, New Delhi dated 28.03.2019. 2. At the time of hearing, the assessee submitted a letter dated 10.06.2022 and 01.09.02022 and informed the bench that the appeals of the Assessee are settled under Vivaad Se Vishwas Scheme. Further, the Assessee has received Form No. 5 issued on 29.01.2022 by Pr. CIT 3. The ld DR did not have any objection to the same. 4. We have carefully perused the letters submitted by the assessee along with Form No. 5 issued by Ld Pr. CIT on Page | 2 29.01.2022 wherein the assessee has opted to settle the dispute under Direct Taxes Vivaad se Vishwas Act, 2020 and the matter has already been settled. In view of this the appeals of the assessee are dismissed as infructuous. Order Pronounced in the Open Court on 07/09/2022. Sd/- Sd/- (C. N. Prasad) (Dr. B. R. R. Kumar) Judicial Member Accountant Member Dated: 07/09/2022 *Ajay Kumar Keot, Sr. PS* Copy forwarded to: 1. Appellant 2. Respondent 3. CIT 4. CIT(Appeals) 5. DR: ITAT ASSISTANT REGISTRAR