Kuber Khanpan Udyog Pvt. Ltd., New Delhi V. ACIT, Central Circle- 30, New Delhi

ITA 583/DEL/2019

• Counselvise Citation: [2022] 105 COUNSELVISE.COM (IT) 3217 (ITAT-DELHI)
• Duration Of Justice: 3 year(s) 3 month(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 28-04-2022
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: D
• Assessment Year: 2014-2015
• Appeal Filed On: 27-01-2019
• Result in Favour of: Revenue
• Court: TRIBUNAL

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL, DELHI BENCH: ‘D’ NEW DELHI BEFORE SHRI G.S. PANNU, HON’BLE PRESIDENT AND SHRI SAKTIJIT DEY, JUDICIAL MEMBER ITA No.583/Del/2019 Assessment Year: 2014-15 M/s. Kuber Khanpan Udyog Pvt. Ltd., C/o- Ravi Gupta, Advocate, E-6A, Kailash Colony, New Delhi Vs. ACIT, Central Circle-30, New Delhi PAN :AABCK6245P (Appellant) (Respondent) ORDER PER SAKTIJIT DEY, JM: This is an appeal by the assessee against order dated 21.12.2018 of learned Commissioner of Income Tax (Appeals)-30, New Delhi, for the assessment year 2014-15. 2. Learned counsel for the assessee, on instruction, sought withdrawal of the present appeal as the assessee has opted for Appellant by Sh. P.C. Yadav, Advocate Respondent by Sh. Mrinal Kumar Das, Sr.DR Date of hearing 29.04.2022 Date of pronouncement 29.04.2022 2 ITA No. 583/Del/2019 AY: 2014-15 settling the dispute arising in the appeal under the Direct Tax Vivad Se Vishwas Act, 2020. 3. Learned Departmental Representative did not object to the aforesaid request of the assessee. 4. Having considered the submissions of the parties and perused the materials on record, we find that the designated authority has issued Form 5 on 01.04.2021 accepting assessee’s declaration filed under the Direct Tax Vivad Se Vishwas Act, 2020. Thus, with the issuance of Form 5 by the designated authority, a copy of which is placed on record, for all practical purposes, the dispute arising in the present appeal stands resolved. 5. In view of the aforesaid, we permit the assessee to withdraw the present appeal. Accordingly, the appeal is dismissed as withdrawn. 6. In the result, the appeal is dismissed. Order pronounced in the open court on 29 th April, 2022 Sd/- Sd/- (G.S. PANNU) (SAKTIJIT DEY) PRESIDENT JUDICIAL MEMBER Dated: 29 th April, 2022. RK/- Copy forwarded to: 3 ITA No. 583/Del/2019 AY: 2014-15 1. Appellant 2. Respondent 3. CIT 4. CIT(A) 5. DR Asst. Registrar, ITAT, New Delhi