Anekant Developers Pvt Ltd, New Delhi V. ITO WARD - 2(4), New Delhi

ITA 6422/DEL/2019

• Counselvise Citation: [2020] 110 COUNSELVISE.COM (IT) 7659 (ITAT-DELHI)
• Duration Of Justice: 1 year(s) 27 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 28-08-2020
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: SMC
• Assessment Year: 2011-2012
• Appeal Filed On: 31-07-2019
• Result in Favour of: Revenue
• Court: TRIBUNAL

Judgement Text

INCOME TAX APPELLATE TRIBUNAL DELHI FRIDAY BENCH A: NEW DELHI (THROUGH VIDEO CONFERENCING) BEFORE SHRI G.S. PANNU, HONBLE VICE PRESIDENT AND SHRI SUDHANSHU SRIVASTAVA, JUDICIAL MEMBER ITA NO. 6422/DEL/2019 ASSTT. YEAR: 20 11-12 ANEKANT DEVELOPERS PVT. LTD. C/O RRA TAXINDIA, D-28, SOUTH EXTN, PART-I, NEW DELHI-110049 (PAN: AAFCA9016N) ITO, WARD-2(4) NEW DELHI. (APPELLANT) (RESPONDENT) O R D E R PER G.S. PANNU, VP: THIS APPEAL BY THE ASSESSEE FOR ASSESSMENT YEAR 2011-12 IS DIRECTED AGAINST THE ORDER OF LEARNED COMMISSIONER OF INCOME TAX(A)- I, NEW DELHI DATED 20.06.2019. 2. IN THE CAPTIONED APPEAL, THE APPELLANT ASSESSEE HAS INFORMED THAT THE ASSESSEE HAS OPTED TO SETTLE THE DISPUTE RELATING T O THE TAX ARREARS FOR THE ASSESSMENT YEAR UNDER CONSIDERATION UNDER THE DIREC T TAX VIVAD SE VISHWAS ASSESSEE BY: NONE DEPARTMENT BY : SHRI SARAS KUMAR, SENIOR DR DATE OF HEARING 28/08/2020 DATE OF PRONOUNCEMENT 28 /08/2020 ITA NO. 6422/DEL/2019 ANE KANT DEVELOPERS PVT. LTD,.VS. ITO 2 ACT, 2020. IT HAS BEEN STATED THAT THE NECESSARY D ECLARATION IN ACCORDANCE WITH SECTION 4 OF THE DIRECT TAX VIVAD SE VISHWAS ACT, 2 020 HAS BEEN FILED BY THE ASSESSEE. 3. CONSIDERING THE AFORESAID SITUATION, THE CAPTION ED APPEAL IS CONSIGNED TO RECORDS AND TREATED AS DISMISSED. 4. HOWEVER, THE AFORESAID IS SUBJECT TO A CAVEAT TH AT IN CASE THE DISPUTE RELATING TO TAX ARREARS FOR THE CAPTIONED ASSESSMEN T YEAR IS NOT ULTIMATELY RESOLVED IN TERMS OF THE AFORESTATED ACT, THE APPEL LANT (I.E., THE ASSESSEE) SHALL BE AT LIBERTY TO APPROACH THE TRIBUNAL FOR REINSTITUTI ON OF THE APPEAL AND THE TRIBUNAL SHALL CONSIDER SUCH APPLICATION APPROPRIAT ELY AS PER LAW. THE RESPONDENT (I.E., THE REVENUE) HAS NO OBJECTION WIT H REGARD TO THE AFORESAID CAVEAT. 5. IN VIEW OF THE AFORESAID, THE APPEAL IS CONSIGNE D TO RECORD AND, FOR STATISTICAL PURPOSES, IS TREATED AS DISMISSED. ABOVE DECISION WAS ANNOUNCED ON CONCLUSION OF VIRTU AL HEARING ON 28 TH AUGUST, 2020. SD/- SD/- (SUDHANSHU SRIVASTAVA) (G.S. PANNU) JUDICIAL MEMBER VICE PRESIDENT GS ITA NO. 6422/DEL/2019 ANE KANT DEVELOPERS PVT. LTD,.VS. ITO 3 COPY FORWARDED TO: - 1. APPELLANT 2. RESPONDENT 3. CIT 4. CIT(A) 5. DR, ITAT BY ORDER ASSISTANT REGISTRAR