Study Overseas Global Private Ltd., New Delhi V. DCIT, Circle- 24(2), New Delhi

ITA 6488/DEL/2017

• Counselvise Citation: [2021] 108 COUNSELVISE.COM (IT) 5061 (ITAT-DELHI)
• Duration Of Justice: 3 year(s) 5 month(s) 20 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 15-04-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: G
• Assessment Year: 2012-2013
• Appeal Filed On: 26-10-2017
• Result in Favour of: Revenue
• Court: TRIBUNAL

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL DELHI BENCH C: NEW DELHI (THROUGH VIDEO CONFERENCING) BEFORE SHRI G.S. PANNU, HONBLE VICE PRESIDENT AND SHRI KUL BHARAT, JUDICIAL MEMBER ITA NOS. 6487 & 6488/DEL/2017 ASSESSMENT YEARS : 2011-12 & 2012-13 STUDY OVERSEAS GLOBAL PRIVATE LTD., 406-409, 4 FLOOR, F-14, COMPETENT HOUSE, MIDDLE CIRCLE, CONNAUGHT PLACE, NEW DELHI. VS. DCIT CIRCLE 24(2) NEW DELHI. (APPELLANT) (RESPONDENT) APPELLANT BY : SHRI SANAT KAPOOR, ADV. RESPONDENT BY : SHRI R.K. GUPTA, SR. DR DATE OF HEARING : 15.04.2021 DATE OF PRONOUNCEMENT : 15.04.2021 ORDER PER G.S. PANNU, V.P. THESE APPEALS BY THE ASSESSEE FOR THE ASSESSMENT YEARS 2011-12 & 2012-13 ARE DIRECTED AGAINST THE ORDER OF LEARNED CIT(A)-31, NE W DELHI DATED 28.07.2017. ITA-6487 & 6488/DEL/2017 2 2. THE LEARNED COUNSEL FOR THE ASSESSEE, VIDE ITS LETTER DATED 2 4.03.2021, RECEIVED BY EMAIL, HAS REQUESTED FOR WITHDRAWAL OF THE APPEAL FILE D BY HIM AND STATED THAT THE ASSESSEE HAS OPTED TO SETTLE THE DISPUTE RELATI NG TO THE TAX ARREARS FOR THE ASSESSMENT YEAR UNDER CONSIDERATION UNDER TH E VIVAD SE VISHWAS SCHEME, 2020. A CERTIFICATE TO THIS EFFECT UNDER SECTION 5(1) OF THE DIRECT TAX VIVAD SE VISHWAS ACT, 2020 HAS ALSO BEEN FILED. 3. LEARNED SENIOR DR HAS NO OBJECTION. 4. IN VIEW OF THE ABOVE, WE ACCEPT THE REQUEST OF THE ASSESSEE FOR WITHDRAWAL OF THE APPEALS. 5. IN THE RESULT, BOTH THESE APPEALS OF ASSESSEE ARE DISMISSED AS WITHDRAWN. ABOVE DECISION WAS ANNOUNCED ON CONCLUSION OF VIRTUAL HEARING ON 15 APRIL, 2021 IN PRESENCE OF BOTH THE PARTIES. SD/- SD/- (KUL BHARAT) (G.S. PANNU) JUDICIAL MEMBER VICE PRESIDENT DATED: 15.04.2021 *KAVITA ARORA, SR. PS = COPY FORWARDED TO: - 1. APPELLANT 2. RESPONDENT 3. CIT 4. CIT(A) 5. DR, ITAT BY ORDER ASSISTANT REGISTRAR, ITAT, DELHI