GOD GIFT PROPERTIES PVT. LTD., NEW DELHI V. DCIT, CIRCLE- 10(1), NEW DELHI

ITA 5860/DEL/2017

• Counselvise Citation: [2020] 110 COUNSELVISE.COM (IT) 5838 (ITAT-DELHI)
• Duration Of Justice: 3 year(s) 16 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 30-09-2020
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: C
• Assessment Year: 2013-2014
• Appeal Filed On: 13-09-2017
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: SUNIL KUMAR YADAV SENIOR
• Assessee Lawyers: DHIRAJ KUMAR PANT
• Keywords: Gift
• Section: 201

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 K KK KULDIP SINGH ULDIP SINGH ULDIP SINGH ULDIP SINGH , JUDICIAL MEMBER , JUDICIAL MEMBER , JUDICIAL MEMBER , JUDICIAL MEMBER ITA NO ITA NO ITA NO ITA NO . .. . 5860 5860 5860 5860 /DEL/20 /DEL/20 /DEL/20 /DEL/20 17 1717 17 ASSESSMENT YEAR ASSESSMENT YEAR ASSESSMENT YEAR ASSESSMENT YEAR : 201 : 201 : 201 : 201 3 33 3 - -- - 14 1414 14 M/S GOD GIFT PROPERTIES M/S GOD GIFT PROPERTIES M/S GOD GIFT PROPERTIES M/S GOD GIFT PROPERTIES PVT.L PVT.L PVT.L PVT.LTD., TD., TD., TD., 48/12, COMMERCIAL CENTRE, 48/12, COMMERCIAL CENTRE, 48/12, COMMERCIAL CENTRE, 48/12, COMMERCIAL CENTRE, MALCHA MARG, CHANAKYAPURI, MALCHA MARG, CHANAKYAPURI, MALCHA MARG, CHANAKYAPURI, MALCHA MARG, CHANAKYAPURI, NEW DELHI NEW DELHI NEW DELHI NEW DELHI 110 021. 110 021. 110 021. 110 021. PAN : AAACG9053G. PAN : AAACG9053G. PAN : AAACG9053G. PAN : AAACG9053G. VS. VS. VS. VS. DEPUTY COMMISSIONER OF DEPUTY COMMISSIONER OF DEPUTY COMMISSIONER OF DEPUTY COMMISSIONER OF INCOME TAX, INCOME TAX, INCOME TAX, INCOME TAX, CIRCLE CIRCLE CIRCLE CIRCLE- -- -10(1), 10(1), 10(1), 10(1), NEW DELHI. NEW DELHI. NEW DELHI. NEW DELHI. (APPELLANT) (RESPONDENT) APPELLANT BY : SHRI DHIRAJ KUMAR PANT, CA. RESPOND ENT BY : SHRI SUNIL KUMAR YADAV, SENIOR DR. DATE OF HEARING : 30 3030 30.09 .09.09 .09.2020 .2020 .2020 .2020 DATE OF PRONOUNCEMENT : 30 3030 30.09 .09.09 .09.2020 .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 : :: : THIS APPEAL BY THE ASSESSEE FOR THE ASSESSMENT YEA R 2013-14 IS DIRECTED AGAINST THE ORDER OF LEARNED CIT(A)-35, NE W DELHI DATED 19 TH JUNE, 2017. 2. THE ASSESSEE, VIDE LETTER DATED 15 TH SEPTEMBER, 2020 RECEIVED THROUGH EMAIL HAS REQUESTED FOR WITHDRAWAL OF THE A PPEAL FILED BY IT AND STATED THAT IT HAS OPTED TO SETTLE THE DISPUTE RELATING TO THE TAX ARREARS FOR THE ASSESSMENT YEAR UNDER CONSIDERATION UNDER THE VIVAD SE VISHWAS SCHEME, 2020. A CERTIFICATE TO THIS EFF ECT UNDER SECTION 5(1) OF THE DIRECT TAX VIVAD SE VISHWAS ACT, 2020 H AS ALSO BEEN FILED. 3. LEARNED SENIOR DR HAS NO OBJECTION. ITA-5860/DEL/2017 2 4. IN VIEW OF THE ABOVE, WE ACCEPT THE REQUEST OF T HE ASSESSEE FOR WITHDRAWAL OF THE APPEAL. 5. IN THE RESULT, THE APPEAL OF THE ASSESSEE IS DIS MISSED AS WITHDRAWN. ABOVE DECISION WAS ANNOUNCED IN THE PRESENCE OF BOT H THE SIDES ON CONCLUSION OF VIRTUAL HEARING ON 30 TH SEPTEMBER, 2020. SD/- SD/- ( (( ( KULDIP SINGH KULDIP SINGH KULDIP SINGH KULDIP SINGH ) )) ) (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 : M/S GOD GIFT PROPERTIES PVT.LTD., M/S GOD GIFT PROPERTIES PVT.LTD., M/S GOD GIFT PROPERTIES PVT.LTD., M/S GOD GIFT PROPERTIES PVT.LTD., 48/12, COMMERCIAL CENTRE, 48/12, COMMERCIAL CENTRE, 48/12, COMMERCIAL CENTRE, 48/12, COMMERCIAL CENTRE, MALCHA MARG, CHANAKYAPURI, MALCHA MARG, CHANAKYAPURI, MALCHA MARG, CHANAKYAPURI, MALCHA MARG, CHANAKYAPURI, NEW DELHI NEW DELHI NEW DELHI NEW DELHI 11 1111 110 021. 0 021. 0 021. 0 021. 2. RESPONDENT : DEPUTY COMMISSIONER OF INCOME TAX, DEPUTY COMMISSIONER OF INCOME TAX, DEPUTY COMMISSIONER OF INCOME TAX, DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE CIRCLE CIRCLE CIRCLE- -- -10(1),NEW DELHI. 10(1),NEW DELHI. 10(1),NEW DELHI. 10(1),NEW DELHI. 3. CIT 4. CIT(A) 5. DR, ITAT ASSISTANT REGISTRAR