Panafic Industrials Ltd, New Delhi V. ITO WARD - 19(3), New Delhi

ITA 6050/DEL/2019

• Counselvise Citation: [2022] 106 COUNSELVISE.COM (IT) 7124 (ITAT-DELHI)
• Duration Of Justice: 2 year(s) 11 month(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 14-06-2022
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: F
• Assessment Year: 2011-2012
• Appeal Filed On: 14-07-2019
• Result in Favour of: Revenue
• Court: TRIBUNAL

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL DELHI BENCH ‘F’ NEW DLEHI BEFORE SHRI ANIL CHATURVEDI, ACCOUNTANT MEMBER AND SHRI N.K. CHOUDHRY, JUDICIAL MEMBER ITA No. 6050/Del/2019 Assessment Year: 2011-12 Panafic Industrials Ltd., 23, 2 nd Floor, North West Avenue, Club road, West PunabiBagh, New Delhi PAN:AAACP3700B VersuS Income-tax Officer, Ward 19(3), New Delhi (Appellant) (Respondent) Appellant by : Ms. Supriya Mehta, Ld. CA Respondent by : Shri Toufel Tahir, Ld. Sr. DR Date of hearing : 13.06.2022 Date of order : 15.06.2022 ORDER PER N.K. CHOUDHRY, J.M. This appeal has been preferred by the Assessee against the order dated 11.06.2019, impugned herein, passed by the ld. Commissioner of Income Tax (Appeals)-7, New Delhi, for the assessment year 2011-12. 2. The Assessee by filling the instant application dated 13.06.2022 has claimed that since the Assessee has availed the immunity scheme i.e. Vivad Se Vishwas under The Direct Tax Vivad se Vishwas Act, 2020 and the Income Tax Department has issued Form No. 5 in response to the application filed by the Assessee under the scheme, therefore, the Assessee’s appeal may be dismissed as withdrawn. [2] 3. The Ld. DR did not refute the factual position and claim of the Assessee. 4. Considering the application for withdrawal of the appeal and Form-5 dated 21.12.2021 (Copy already on record) issued by the Department, the appeal of Assesseeis liable to be dismissed as withdrawn, hence, ordered accordingly. 5. In the result, Assessee’s appealunder considerationstands dismissed as withdrawn. Order pronounced in the open court on 15/06/2022. Sd/- Sd/- (ANIL CHATURVEDI) (N.K. CHOUDHRY) ACCOUNTANT MEMBER JUDICIAL MEMBER *aks/-