Lucky Paints & Hardware House, New Delhi V. ITO WARD - 49(2), New Delhi

ITA 5944/DEL/2019

• Counselvise Citation: [2020] 110 COUNSELVISE.COM (IT) 0692 (ITAT-DELHI)
• Duration Of Justice: 1 year(s) 5 month(s) 12 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 21-12-2020
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: SMC
• Assessment Year: 2014-2015
• Appeal Filed On: 09-07-2019
• Result in Favour of: Revenue
• Court: TRIBUNAL

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL DELHI BENCHES SMC-1 : DELHI BEFORE SHRI BHAVNESH SAINI, JUDICIAL MEMBER AND SHRI B.R.R. KUMAR, ACCOUNTANT MEMBER ITA.NO.5944/DEL./2019 ASSESSMENT YEAR 2014-2015 M/S. LUCKY PAINTS AND HARDWARE HOUSE, A-1/9, WHS, KIRTI NAGAR, NEW DELHI 110 015. PAN AABFL9875B [ VS. THE INCOME TAX OFFICER, WARD 49 (2), NEW DELHI. ( APPELLANT ) (RESPONDENT) F OR ASSESSEE : SHRI PRANSHU SINGHAL, C.A. FOR REVENUE : MR. SHRI PRAKASH DUBEY , SR.DR DATE OF HEARING : 21 . 12 .20 20 DATE OF PRONOUNCEMENT : 21 . 12 .20 20 ORDER PER BHAVNESH SAINI, J.M. THIS APPEAL BY ASSESSEE HAS BEEN DIRECTED AGAINST THE ORDER OF THE LD. CIT(A)-17, NEW DELHI, DATED 11.06.2019, FOR THE A.Y. 2014-2015. 2 ITA.NO.5944/DEL./2019 M/S. LUCKY PAINTS AND HARDWARE HOUSE , NEW DELHI. 2. WE HAVE HEARD THE LEARNED REPRESENTATIVES OF BOTH THE PARTIES THROUGH VIDEO CONFERENCING AND PERUSED THE MATERIAL AVAILABLE ON RECORD. 3. LEARNED COUNSEL FOR THE ASSESSEE HAS FILED LETTER STATING THEREIN THAT ASSESSEE HAS OPTED FOR VIVAD SE VISHWAS SCHEME, 2020 AND FILED FORM NOS.1 AND 2. HE HAS, THEREFORE, SUBMITTED THAT APPEAL OF ASSESSEE MAY BE DISMISSED AS WITHDRAWN. 4. IN VIEW OF THE ABOVE, APPEAL OF ASSESSEE IS DISMISSED AS WITHDRAWN, SUBJECT TO ISSUE OF FORM NO.3 IN FAVOUR OF THE ASSESSEE BY THE DEPARTMENT. 5. IN THE RESULT, APPEAL OF ASSESSEE DISMISSED. ORDER PRONOUNCED IN THE OPEN COURT. SD/- SD/- (B.R.R. KUMAR) (BHAVNESH SAINI) ACCOUNTANT MEMBER JUDICIAL MEMBER DELHI, DATED 21 ST DECEMBER, 2020 VBP/- 3 ITA.NO.5944/DEL./2019 M/S. LUCKY PAINTS AND HARDWARE HOUSE , NEW DELHI. COPY TO 1. THE APPELLANT 2. THE RESPONDENT 3. CIT(A) CONCERNED 4. CIT CONCERNED 5. D.R. ITAT SMC - 1 BENCH, DELHI 6. GUARD FILE. // BY ORDER // ASSISTANT REGISTRAR : ITAT DELHI BENCHES : DELHI.