A B Alcobev Pvt Ltd, New Delhi V. ITO WARD - 1(1), New Delhi

ITA 5780/DEL/2019

• Counselvise Citation: [2021] 109 COUNSELVISE.COM (IT) 2690 (ITAT-DELHI)
• Duration Of Justice: 1 year(s) 8 month(s) 2 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 04-03-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: SMC
• Assessment Year: 2015-2016
• Appeal Filed On: 02-07-2019
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Section: 20

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL DELHI BENCH SMC-1 : NEW DELHI (THROUGH VIDEO CONFERENCING) BEFORE SHRI R.K. PANDA, ACCOUNTANT MEMBER AND SHRI KULDIP SINGH, J UDICIAL MEMBER ITA NO. 5780/DEL/2019 ASSESS MENT YEAR : 20 1 5 - 1 6 M/S A B ALCOBEV PVT. LTD., 154, FF, PLOT NO. C-4-5-6, AGARWAL PLAZA-I, NETAJI SUBHASH PLACE, NEW DELHI 34 (PAN: AALCA0327J) VS. ITO, WARD 1(1), NEW DELHI (APPELLANT) (RESPONDENT) APPELLANT BY : SHRI ARUN JAIN, C A RESPONDENT BY : SHRI R.K. GUPTA, SR. DR. DATE OF HEARING : 04.03.2021 DATE OF PRONOUNCEMENT : 04.03.2021 ORDER PER R.K. PANDA, AM : THIS APPEAL BY THE ASSESSEE FOR THE ASSESSMENT YEAR 2015-16 IS DIRECTED AGAINST THE ORDER OF LEARNED CIT(A)-I, NEW DELHI. 2. THE ASSESSEES DIRECTOR VIDE LETTER DATED 03. 03.2021 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, 20 20. A CERTIFICATE TO THIS EFFECT UNDER SECTION 5(1) OF THE DIRECT TAX VIVAD SE VISHW AS ACT, 2020 HAS ALSO BEEN FILED. 3. LEARNED SENIOR DR HAS NO OBJECTION. 2 4. IN VIEW OF THE ABOVE, WE ACCEPT THE REQUEST OF T HE ASSESSEE FOR WITHDRAWAL OF THE AFORESAID APPEAL. 5. IN THE RESULT, THE APPEAL OF THE ASSESSEE IS DIS MISSED AS WITHDRAWN. ABOVE DECISION WAS PRONOUNCED IN THE PRESENCE OF BO TH THE PARTIES ON CONCLUSION OF VIRTUAL HEARING ON 04 TH MARCH, 2021. SD/- SD/- (KULDIP SINGH) (R.K. PANDA) JUDICIAL MEMBER ACCOUNTANT MEMBER DATE: 04.03.2021 SRB COPY FORWARDED TO: - 1. APPELLANT . 2. RESPONDENT. 3. CIT 4. CIT(A) 5. DR, ITAT ASSISTANT REGISTRAR