Indian Farmers Fertiliser Cooperative Ltd., New Delhi V. ACIT, Circle-31(1), New Delhi

ITA 5808/DEL/2017

• Counselvise Citation: [2020] 110 COUNSELVISE.COM (IT) 3006 (ITAT-DELHI)
• Duration Of Justice: 3 year(s) 2 month(s) 8 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 20-11-2020
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: C
• Assessment Year: 2011-2012
• Appeal Filed On: 11-09-2017
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: M BARANWA L SENIOR
• Assessee Lawyers: PULKIT VERMA S
• Section: 13; 22

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL IN THE INCOME TAX APPELLATE TRIBUNAL IN THE INCOME TAX APPELLATE TRIBUNAL IN THE INCOME TAX APPELLATE TRIBUNAL DELHI DELHI DELHI DELHI BENCH BENCH BENCH BENCH A AA A : NEW DELHI : NEW DELHI : NEW DELHI : NEW DELHI (THROUGH VIDEO CONFERENCING) (THROUGH VIDEO CONFERENCING) (THROUGH VIDEO CONFERENCING) (THROUGH VIDEO CONFERENCING) BEFORE SHRI G.S. PANNU BEFORE SHRI G.S. PANNU BEFORE SHRI G.S. PANNU BEFORE SHRI G.S. PANNU, ,, , VICE PRESIDENT AND VICE PRESIDENT AND VICE PRESIDENT AND VICE PRESIDENT AND SHRI SHRI SHRI SHRI AMIT SHUKLA AMIT SHUKLA AMIT SHUKLA AMIT SHUKLA , JUDICIAL MEMBER , JUDICIAL MEMBER , JUDICIAL MEMBER , JUDICIAL MEMBER ITA NO ITA NO ITA NO ITA NO S SS S . .. . 7322 7322 7322 7322 /DEL/20 /DEL/20 /DEL/20 /DEL/20 1 11 1 7 & 5808/DEL/2017 7 & 5808/DEL/2017 7 & 5808/DEL/2017 7 & 5808/DEL/2017 ASSESSMENT YEAR ASSESSMENT YEAR ASSESSMENT YEAR ASSESSMENT YEAR S SS S : 20 : 20 : 20 : 20 1 11 1 2 22 2 - -- - 13 & 2011 13 & 2011 13 & 2011 13 & 2011 - -- - 12 1212 12 M/ M/M/ M/ S INDIAN FARMERS FERTILISER S INDIAN FARMERS FERTILISER S INDIAN FARMERS FERTILISER S INDIAN FARMERS FERTILISER COOPERATIVE LTD., COOPERATIVE LTD., COOPERATIVE LTD., COOPERATIVE LTD., IFFCO SADAN IFFCO SADAN IFFCO SADAN IFFCO SADAN C CC C- -- -1, DISTRICT CENTRE, 1, DISTRICT CENTRE, 1, DISTRICT CENTRE, 1, DISTRICT CENTRE, SAKET PLACE, SAKET PLACE, SAKET PLACE, SAKET PLACE, NEW DELHI NEW DELHI NEW DELHI NEW DELHI 110 017. 110 017. 110 017. 110 017. PAN : AAAA1005OM. PAN : AAAA1005OM. PAN : AAAA1005OM. PAN : AAAA1005OM. VS. VS. VS. VS. ASSISTANT COMMISSIONER OF ASSISTANT COMMISSIONER OF ASSISTANT COMMISSIONER OF ASSISTANT COMMISSIONER OF INCOME TAX, INCOME TAX, INCOME TAX, INCOME TAX, CIRCLE CIRCLE CIRCLE CIRCLE- -- -31(1), 31(1), 31(1), 31(1), NEW DELHI. NEW DELHI. NEW DELHI. NEW DELHI. (APPELLANT) (RESPONDENT) APPELLANT BY : SHRI TARANDEEP SINGH AND SHRI PULKIT VERMA, ADVOCATES. RESPONDENT BY : SHRI M. BARANWAL , SENIOR DR. DATE OF HEARING : 20 2020 20.11 .11.11 .11.2020 .2020 .2020 .2020 DATE OF PRONOUNCEMENT : 20 2020 20.11 .11.11 .11. .. .2020 2020 2020 2020 ORDER ORDER ORDER ORDER PER G.S. PANNU PER G.S. PANNU PER G.S. PANNU PER G.S. PANNU, , , , VP VPVP VP : :: : THESE APPEALS BY THE ASSESSEE FOR THE ASSESSMENT Y EARS 2012- 13 AND 2011-12 ARE DIRECTED AGAINST THE ORDER OF LE ARNED CIT(A)-31, NEW DELHI DATED 13 TH OCTOBER, 2017 AND 30 TH JUNE, 2017 RESPECTIVELY. 2. THE LEARNED COUNSEL FOR THE ASSESSEE, VIDE LETTE R DATED 12 TH NOVEMBER, 2020 HAS REQUESTED FOR WITHDRAWAL OF THE APPEALS FILED BY THE ASSESSEE AND STATED THAT THE ASSESSEE HAS OPTED TO SETTLE THE DISPUTE RELATING TO THE TAX ARREARS FOR THE ASSESSM ENT YEARS UNDER CONSIDERATION UNDER THE VIVAD SE VISHWAS SCHEME, 20 20. CERTIFICATES TO THIS EFFECT UNDER SECTION 5(1) OF THE DIRECT TAX VIVAD SE VISHWAS ACT, 2020 HAVE ALSO BEEN FILED. ITA-7322/DEL/2017 & 5808/DEL/2017 2 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, THE APPEALS OF THE ASSESSEE ARE D ISMISSED AS WITHDRAWN. ABOVE DECISION WAS ANNOUNCED IN THE PRESENCE OF BOT H THE PARTIES ON CONCLUSION OF VIRTUAL HEARING ON 20 TH NOVEMBER, 2020. SD/- SD/- ( (( ( AMIT SHUKLA AMIT SHUKLA AMIT SHUKLA AMIT SHUKLA ) )) ) (G.S. PANNU (G.S. PANNU (G.S. PANNU (G.S. PANNU ) )) ) JUDICIAL JUDICIAL JUDICIAL JUDICIAL MEMBER MEMBER MEMBER MEMBER VICE PRESIDENT VICE PRESIDENT VICE PRESIDENT VICE PRESIDENT VK. COPY FORWARDED TO: - 1. APPELLANT 2. RESPONDENT 3. CIT 4. CIT(A) 5. DR, ITAT ASSISTANT REGISTRAR