M.N.Buildcon P.Ltd, Delhi V. DCIT, Circle-16(1), New Delhi

ITA 6387/DEL/2017

• Counselvise Citation: [2021] 107 COUNSELVISE.COM (IT) 5370 (ITAT-DELHI)
• Duration Of Justice: 3 year(s) 11 month(s) 3 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 20-09-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: E
• Assessment Year: 2008-2009
• Appeal Filed On: 17-10-2017
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: GAURAV PUNDIR

Judgement Text

PAGE | 1 INCOME TAX APPELLATE TRIBUNAL DELHI BENCH E : NEW DELHI BEFORE SHRI KULDIP SINGH , JUDICIAL MEMBER AND SHRI PRASHANT MAHARISHI, ACCOUNTANT MEMBER (THROUGH VIDEO CONFERENCING) ITA NO. 6387 /DEL/ 2017 (ASSESSMENT YEAR: 2008 - 09 ) M. N. BUILDCON P. LTD, 728, FIRST FLOOR, GREEN MARKET, GALI NO. 11, BARATOOTI CHOWK, DELHI PAN: AADCM1130D VS. DICT, CIRCLE - 16(1), NEW DELHI (APPELLANT) (RESPONDENT) ASSESSEE BY : NONE REVENUE BY: SHRI GAURAV PUNDIR, SR. DR DATE OF HEARING 20 /09/2021 DATE OF PRONOUNCEMENT 2 0 /09/2021 O R D E R PER PRASHANT MAHARISHI, A. M. 1. THIS APPEAL IS FILED BY THE ASSESSEE AGAINST THE ORDER PASSED BY THE LD CIT(A) - 28, NEW DELHI DATED 24.08.2017 FOR ASSESSMENT YEAR 2008 - 09 . 2. AT THE TIME OF HEARING THE ASSESSEE SUBMITTED THAT IT HAS OPTED TO SETTLE THE DISPUTE UNDER DIRECT TAXES VIVAAD SE VISHWAS ACT, 2020 AND SUBMITTED THAT COPY OF FORM NO. 3 HAS ALREADY BEEN ISSUED BY THE DESIGNATED AUTHORITY DETERMINING THE AMOUNT OF RS. 77, 250/ - OF TAX ARREARS TO BE PAID AS THE FULL AND FINAL SETTLEMENT. THE ASSESSEE SUBMITTED THAT HE HAS ALREADY PAID THE AMOUNT AND THEREFORE, IT WAS STATED THAT THE APPEAL OF THE ASSESSEE MAY BE TREATED AS WITHDRAWN. 3. THE LD DR DID NOT HAVE ANY OBJECTION TO THE SAME. 4. WE HAVE CAREFULLY PERUSED THE LETTER DATED 27.08.2021 SUBMITTED BY THE ASSESSEE ALONG WITH FORM NO. 3 FOR ASSESSMENT YEAR 2008 - 09 THE ASSESSEE HAS OPTED TO SETTLE THE DISPUTE UNDER DIRECT TAXES VIVAAD SE VISHWAS ACT, 2020. IN VIEW OF THIS THE AP PEAL OF THE ASSESSEE IS DISMISSED AS WITHDRAWN. 5. IN THE RESULT, THE APPEAL OF THE ASSESSEE IS DISMISSED. ORDER PRONOUNCED IN THE OPEN COURT ON 2 0 /09/2021. SD/ - - SD/ - ( KULDIP SINGH ) (PRASHANT MAHARISHI) JUDICIAL MEMBER ACCOUNTANT MEMBER DATED: 2 0 /09/2021 PAGE | 2 A K KEOT COPY FORWARDED TO 1. APPLICANT 2. RESPONDENT 3. CIT 4. CIT (A) 5. DR:ITAT ASSISTANT REGISTRAR ITAT, NEW DELHI