Addi. CIT- Special Range-1, New Delhi V. ADM AGRO Industries Latur and Vizag Pvt. Ltd., New Delhi

ITA 6292/DEL/2019

• Counselvise Citation: [2021] 108 COUNSELVISE.COM (IT) 8269 (ITAT-DELHI)
• Duration Of Justice: 1 year(s) 7 month(s) 29 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 25-03-2021
• Appeal Filed By: Department
• Order Result: Dismissed
• Bench Allotted: A
• Assessment Year: 2016-2017
• Appeal Filed On: 26-07-2019
• Result in Favour of: Assessee
• Court: TRIBUNAL

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL DELHI BENCH A : NEW DELHI (THROUGH VIDEO CONFERENCING) BEFORE SHRI G.S. PANNU, VICE PRESIDENT AND SHRI SUDHANSHU SRIVASTAVA, JUDICIAL MEMBER ITA NO. 6292/DEL/2019 ASSESSMENT YEAR : 2016-17 ADDL. CIT, SPECIAL RANGE-1, ROOM NO. 159A, 1 ST FLOOR, C.R. BUILDING, NEW DELHI 110 002 VS. ADM AGRO INDUSTRIES LATUR AND VIZAG PVT. LTD., VATIKA PROFESSIONAL POINT, 3 RD FLOOR, SECTOR- 66, GURGAON, HARYANA 122018 PAN: (AAACT0700F) (APPELLANT) (RESPONDENT) APPELLANT BY : SH. M. BARANWAL, SR. DR. RESPONDENT BY : MRS. ANANYA KAPOOR, ADV. DATE OF HEARING : 25.03.2021 DATE OF PRONOUNCEMENT : 25.03.2021 ORDER PER G.S. PANNU, VP : THIS APPEAL BY THE REVENUE FOR THE ASSESSMENT YEAR 2016-17 IS DIRECTED AGAINST THE ORDER OF LEARNED CIT(A)-32 , NEW DELHI. 2. THE ASSESSEES A.R. VIDE HIS EMAIL DATED 16.03. 2021 HAS REQUESTED FOR DISMISSAL OF THE APPEAL FILED BY THE DEPARTMENT AND STATED THAT THE ASSESSEE HAS OPTED TO SETTLE THE DI SPUTE RELATING TO THE TAX ARREARS FOR THE ASSESSMENT YEAR UNDER CONSI DERATION UNDER THE VIVAD SE VISHWAS SCHEME, 2020. A CERTIFICATE T O THIS EFFECT UNDER SECTION 5(1) OF THE DIRECT TAX VIVAD SE VISHW AS ACT, 2020 HAS ALSO BEEN FILED. 3. LEARNED SENIOR DR HAS NO OBJECTION. 2 4. IN VIEW OF THE ABOVE, WE ACCEPT THE REQUEST OF T HE ASSESSEES A.R. FOR DISMISSAL OF THE AFORESAID APPEAL FILED BY THE REVENUE. 5. IN THE RESULT, THE APPEAL OF THE REVENUE IS DISM ISSED. ABOVE DECISION WAS PRONOUNCED IN THE PRESENCE OF BO TH THE PARTIES ON CONCLUSION OF VIRTUAL HEARING ON 25 TH MARCH, 2021. SD/- SD/- (SUDHANSHU SRIVASTAVA) (G.S. PANNU) JUDICIAL MEMBER VICE PRESIDENT SRB COPY FORWARDED TO: - 1. APPELLANT . 2. RESPONDENT. 3. CIT 4. CIT(A) 5. DR, ITAT ASSISTANT REGISTRAR