Shri Balwant Rai Wadhwa, New Delhi V. ITO, New Delhi

ITA 6076/DEL/2010

• Counselvise Citation: [2020] 110 COUNSELVISE.COM (IT) 4724 (ITAT-DELHI)
• Duration Of Justice: 9 year(s) 9 month(s) 19 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 20-10-2020
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: A
• Next Hearing Date: 01-05-2017
• Assessment Year: 2002-2003
• Appeal Filed On: 31-12-2010
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Keywords: Competent authority

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL DELHI BENCHES A : DELHI BEFORE SHRI BHAVNESH SAINI, JUDICIAL MEMBER AND SHRI PRASHANT MAHARISHI, ACCOUNTANT MEMBER ITA.NOS.4806 & 6076/DEL./2010 ASSESSMENT YEARS 2001-2002 & 2002-2003 SHRI BALWANT RAI WADHWA, 132 ANAND VIHAR, PITAMPURA NEW DELHI 110 034. PAN AABPW3038R [ VS. THE INCOME TAX OFFICER, WARD 18 (2), NEW DELHI. (APPELLANT) (RESPONDENT) FOR ASSESSEE : SHRI SHAILESH GUPTA , ADVOCATE FOR REVENUE : SHRI R .K. GUPTA , SR. D.R. DATE OF HEARING : 2 0.10.2020 DATE OF PRONOUNCEMENT : 2 0.10.2020 ORDER PER BHAVNESH SAINI, J.M. BOTH THE APPEALS BY ASSESSEE ARE DIRECTED AGAINST THE DIFFERENT ORDERS OF THE LD. CIT(A)-XXI, NEW DELHI, DATED 29.09.2010 FOR THE A.Y. 2001-2002 AND DATED 01.11.2010 FOR THE A.Y. 2002-2003. 2 ITA.NOS.4806 & 6076/DEL./2010 SHRI BALWANT RAI WADHWA, NEW DELHI. 2. WE HAVE HEARD THE LEARNED REPRESENTATIVE OF BOTH THE PARTIES THROUGH VIDEO CONFERENCING AND PERUSED THE MATERIAL AVAILABLE ON RECORD. 3. THE LEARNED COUNSEL FOR THE ASSESSEE AT THE OUTSET SUBMITTED THAT ASSESSEE HAS FILED DECLARATION IN FORM NOS.1 AND 2 WITH THE INCOME TAX DEPARTMENT UNDER THE DIRECT TAXES VIVAD SE VISHWAS SCHEME, 2020 TO SETTLE THE MATTERS. HE HAS, THEREFORE, SUBMITTED THAT APPEALS COULD BE DISPOSED OF IN TERMS THERETO. 4. IN VIEW OF THE ABOVE FACT, SINCE ASSESSEE HAS AVAILED THE BENEFIT UNDER VIVAD SE VISHWAS SCHEME, 2020 TO SETTLE THE MATTERS, THEREFORE, THE APPEALS OF THE ASSESSEE STANDS DISPOSED OF IN TERMS THEREOF, SUBJECT TO APPROVAL OF THE SAME BY THE COMPETENT AUTHORITY. APPEALS OF THE ASSESSEE ARE ACCORDINGLY DISPOSED OF. 5. IN THE RESULT, APPEALS OF THE ASSESSEE DISPOSED OF. 3 ITA.NOS.4806 & 6076/DEL./2010 SHRI BALWANT RAI WADHWA, NEW DELHI. ORDER PRONOUNCED IN THE OPEN COURT. SD/- SD/- (PRASHANT MAHARISHI) (BHAVNESH SAINI) ACCOUNTANT MEMBER JUDICIAL MEMBER DELHI, DATED 20 TH OCTOBER, 2020 VBP/- COPY TO 1. THE APPELLANT 2. THE RESPONDENT 3. CIT(A) CONCERNED 4. CIT CONCERNED 5. D.R. ITAT A BENCH, DELHI 6. GUARD FILE. // BY ORDER // ASSISTANT REGISTRAR : ITAT DELHI BENCHES : DELHI.