DCIT, Circle-1, HALDWANI V. UDHAM SINGH NAGAR DISTRICT COOPERATIVE BANK LTD., UDHAM SINGH NAGAR

ITA 5739/DEL/2018

• Counselvise Citation: [2022] 106 COUNSELVISE.COM (IT) 5178 (ITAT-DEHRADUN)
• Duration Of Justice: 3 year(s) 9 month(s) 15 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 20-06-2022
• Appeal Filed By: Department
• Order Result: Dismissed
• Bench Allotted: DB
• Assessment Year: 2012-2013
• Appeal Filed On: 04-09-2018
• Result in Favour of: Assessee
• Court: TRIBUNAL

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL DELHI BENCH ‘DB’, NEW DELHI BEFORE SH. ANIL CHATURVEDI, ACCOUNTANT MEMBER AND SH. NARENDER KUMAR CHOUDHARY, JUDICIAL MEMBER ITA No. 5739/Del/2018 (Assessment Year : 2012-13) DCIT Circle – 1 Haldwani PAN No. AAATU 2006 Q Vs. Udham Singh Nagar District Cooperative Bank Ltd. Kashipur Bypass, Rudrapur, Udham Singh Nagar, Uttarakhand (APPELLANT) (RESPONDENT) Assessee by Shri Prashant Kacher, Adv. Revenue by Shri N. C. Upadhyay, Sr. D.R. Date of hearing: 21.06.2022 Date of Pronouncement: 21.06.2022 ORDER PER ANIL CHATURVEDI, AM : This appeal filed by the assessee is directed against the order dated 08.06.2018 of the Commissioner of Income Tax (Appeals)-Haldwani relating to Assessment Year 2012-13. 2. Before us, assessee has stated that it has opted for Vivad Se Vishwas (VSV) 2020 and has filed the declaration (Form-1) and undertaking (Form-2) Scheme and department had issued Forms- 2 4. The assessee therefore seeks to withdraw the appeal, to which the Revenue has no objection. 3. After considering the request made by the assessee, we dismiss the appeal of assessee as withdrawn subject to a caveat that in case the dispute relating to tax arrears for the captioned assessment year is not ultimately resolved in terms of the aforesaid Act, the assessee shall be at liberty to approach the Tribunal for reinstitution of the appeal and the Tribunal shall consider such application appropriately as per law. With these directions, appeal of the assessee is dismissed as withdrawn. 4. In the result, appeal of the assessee is dismissed. Order pronounced in the open court on 21.06.2022, immediately after conclusion of the hearing of the matter in virtual mode. Sd/- Sd/- (NARENDER KUMAR CHOUDHARY) (ANIL CHATURVEDI) JUDICIAL MEMBER ACCOUNTANT MEMBER Date:- 21.06.2022 PY* Copy forwarded to: 1. Appellant 2. Respondent 3. CIT 4. CIT(Appeals) 5. DR: ITAT ASSISTANT REGISTRAR ITAT NEW DELHI