DCIT, Circle- 22(2), New Delhi V. Satellite Finance Pvt. Ltd., New Delhi

ITA 6423/DEL/2019

• Counselvise Citation: [2021] 108 COUNSELVISE.COM (IT) 2726 (ITAT-DELHI)
• Duration Of Justice: 1 year(s) 10 month(s) 21 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 21-06-2021
• Appeal Filed By: Department
• Order Result: Dismissed
• Bench Allotted: G
• Assessment Year: 2013-2014
• Appeal Filed On: 31-07-2019
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Department Lawyers: FARHAT KHAN
• Assessee Lawyers: SUDEEP VIJAYAN

Judgement Text

1 ITA NO. 6423/DEL/2019 IN THE INCOME TAX APPELLATE TRIBUNAL DELHI BENCH: A NEW DELHI BEFORE SHRI G. S. PANNU, VICE PRESIDENT AND MS SUCHITRA KAMBLE, JUDIC IAL MEMBER (ITA NO. 6423/DEL/2019 ( A.Y 2013-14) DCIT CIRCLE-22(2) ROOM NO. 226A, C. R. BUILDING NEW DELHI (APPELLANT) VS SATELLITE FINANCE PVT. LTD. 8, COMMERCIAL COMPLEX, MASJID MOTH, GK-II, NEW DELHI AAGCS1835E (RESPONDENT) APPLICANT BY SH. FARHAT KHAN, SR. DR RESPONDENT BY SH. SUDEEP VIJAYAN, ADV ORDER PER SUCHITRA KAMBLE, JM THIS APPEAL IS FILED BY THE REVENUE AGAINST THE ORD ER DATED 27/05/2019 PASSED BY CIT(A)- XXV, FOR ASSESSMENT YEAR 2013-14 . 2. BEFORE US, THE ASSESSEE HAS MOVED AN APPLICATIO N AND SUBMITTED THAT THE ASSESSEE HAS RESOLVED THE PENDING ISSUE THROUGH DIRECT TAX VIVAD SE VISHWAS SCHEME (VSV) ACT, 2020, AND HAS FILED DECL ARATION FORM NO. 1 & 2 THE AUTHORITIES HAVE GRANTED CERTIFICATE IN FORM NO. 3 ALSO. THE LD. AR ALSO PRODUCED CHALLAN THEREBY POINTING OUT THAT RS.45,43 1/- WAS PAID TO THE REVENUE AS TAX DUES AS PER FORM NO. 3 ON 05.06.2021 . 3. IN VIEW OF THE AFORESAID FACTS AND AFTER CONSIDE RING THE SUBMISSIONS OF THE ASSESSEE, WE DISMISS THE APPEAL OF REVENUE SUBJ ECT TO A CAVEAT THAT IN CASE THE DISPUTE RELATING TO TAX ARREARS FOR THE CAPTION ED ASSESSMENT YEAR IS NOT DATE OF HEARING 21.06.2021 DATE OF PRONOUNCEMENT 21.06.2021 2 ITA NO. 6423/DEL/2019 ULTIMATELY RESOLVED IN TERMS OF THE AFORESAID ACT, THE REVENUE SHALL BE AT LIBERTY TO APPROACH THE TRIBUNAL FOR REINSTITUTION OF THE A PPEAL. THE APPEAL OF THE REVENUE IS DISMISSED. 4. IN THE RESULT, APPEAL OF THE REVENUE IS DISMISSE D. ORDER IS PRONOUNCED IN THE OPEN COURT IN PRESENCE O F BOTH THE PARTIES ON THIS 21 ST DAY OF JUNE, 2021. SD/- SD/- (G. S. PANNU) (SUCHITRA KAMBLE) VICE PRESIDENT JUD ICIAL MEMBER DATED: 21/06/2021 R. NAHEED COPY FORWARDED TO: 1. APPELLANT 2. RESPONDENT 3. CIT 4. CIT(APPEALS) 5. DR: ITAT ASSISTANT REGISTRAR ITAT NEW DELHI 3 ITA NO. 6423/DEL/2019