Subhash Bansal & Sons HUF, Delhi V. ITO, Ward- 46(2), New Delhi

ITA 6093/DEL/2018

• Counselvise Citation: [2020] 110 COUNSELVISE.COM (IT) 3132 (ITAT-DELHI)
• Duration Of Justice: 2 year(s) 1 month(s) 22 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 16-11-2020
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: G
• Assessment Year: 2014-2015
• Appeal Filed On: 25-09-2018
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: M BARANWA L SENIOR

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 AMIT SHUKLA AMIT SHUKLA AMIT SHUKLA AMIT SHUKLA , JUDICIAL MEMBER , JUDICIAL MEMBER , JUDICIAL MEMBER , JUDICIAL MEMBER ITA NO ITA NO ITA NO ITA NO . .. . 6093 6093 6093 6093 /DEL/20 /DEL/20 /DEL/20 /DEL/20 1 11 1 8 88 8 ASSESSMENT YEAR ASSESSMENT YEAR ASSESSMENT YEAR ASSESSMENT YEAR : 20 : 20 : 20 : 20 14 1414 14 - -- - 15 1515 15 SUBHASH BANSAL & SONS, HUF SUBHASH BANSAL & SONS, HUF SUBHASH BANSAL & SONS, HUF SUBHASH BANSAL & SONS, HUF C/O C/O C/O C/O CA O.P. AGGARWAL, CA O.P. AGGARWAL, CA O.P. AGGARWAL, CA O.P. AGGARWAL, H HH H- -- -3/11A, KRISHNA NAGAR, 3/11A, KRISHNA NAGAR, 3/11A, KRISHNA NAGAR, 3/11A, KRISHNA NAGAR, DELHI DELHI DELHI DELHI 110 051. 110 051. 110 051. 110 051. PAN : AAWHS8898A. PAN : AAWHS8898A. PAN : AAWHS8898A. PAN : AAWHS8898A. VS. VS. VS. VS. INCOME TAX OFFICER, INCOME TAX OFFICER, INCOME TAX OFFICER, INCOME TAX OFFICER, WARD WARD WARD WARD- -- -46 4646 46(2), (2), (2), (2), NEW DELHI. NEW DELHI. NEW DELHI. NEW DELHI. (APPELLANT) (RESPONDENT) APPELLANT BY : NONE. RESPONDENT BY : SHRI M. BARANWAL, SENIOR DR. DATE OF HEARING : 16.11 16.11 16.11 16.11.2020 .2020 .2020 .2020 DATE OF PRONOUNCEMENT : 16.11 16.11 16.11 16.11. .. .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 2014-15 IS DIRECTED AGAINST THE ORDER OF LEARNED CIT(A)-16, NE W DELHI DATED 27 TH JUNE, 2018. 2. NOBODY APPEARED ON BEHALF OF THE ASSESSEE AT THE TIME OF VIRTUAL HEARING BEFORE US. THE ASSESSEE, VIDE LETTER DATED 5 TH NOVEMBER, 2020 HAS REQUESTED FOR WITHDRAWAL OF THE APPEAL FILED BY IT AND STATED THAT THE ASSESSEE HAS OPTED TO SETTLE THE DISPUTE RELATI NG TO THE TAX ARREARS FOR THE ASSESSMENT YEAR UNDER CONSIDERATION UNDER T HE VIVAD SE VISHWAS SCHEME, 2020. A CERTIFICATE TO THIS EFFECT UNDER SECTION 5(1) OF THE DIRECT TAX VIVAD SE VISHWAS ACT, 2020 HAS AL SO BEEN FILED. 3. LEARNED SENIOR DR HAS NO OBJECTION. ITA-6093/DEL/2018 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 ON CONCLUSION OF VIRTU AL HEARING ON 16 TH NOVEMBER, 2020. SD/- SD/- ( (( ( AMIT SHUKLA AMIT SHUKLA AMIT SHUKLA AMIT SHUKLA ) )) ) (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 : SUBHASH BANSAL & SONS, HUF SUBHASH BANSAL & SONS, HUF SUBHASH BANSAL & SONS, HUF SUBHASH BANSAL & SONS, HUF C/O CA O.P. AGGARWAL, C/O CA O.P. AGGARWAL, C/O CA O.P. AGGARWAL, C/O CA O.P. AGGARWAL, H HH H- -- -3/11A, KRISHNA NAGAR, DELHI 3/11A, KRISHNA NAGAR, DELHI 3/11A, KRISHNA NAGAR, DELHI 3/11A, KRISHNA NAGAR, DELHI 110 051. 110 051. 110 051. 110 051. 2. RESPONDENT : INCOME TAX OFFICER, WARD INCOME TAX OFFICER, WARD INCOME TAX OFFICER, WARD INCOME TAX OFFICER, WARD- -- -46(2 46(2 46(2 46(2), NEW DELHI. ), NEW DELHI. ), NEW DELHI. ), NEW DELHI. 3. CIT 4. CIT(A) 5. DR, ITAT ASSISTANT REGISTRAR