Indian Farmers Fertiliser Cooperative Ltd., New Delhi V. ACIT, Circle-31(1), New Delhi

ITA 6491/DEL/2018

• Counselvise Citation: [2020] 110 COUNSELVISE.COM (IT) 2616 (ITAT-DELHI)
• Duration Of Justice: 2 year(s) 1 month(s) 17 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 26-11-2020
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: C
• Assessment Year: 2014-2015
• Appeal Filed On: 09-10-2018
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: M BARANWAL
• Assessee Lawyers: PULKIT VERMA

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL DELHI BENCH A NEW DELHI (THROUGH VIDEO CONFERENCING) BEFORE SHRI G.S. PANNU, VICE PRESIDENT AND SMT. MADHUMITA ROY, JUDICIAL ME MBER ITA NO. 6491/DEL/2018 ASSESSMENT YEAR : 2014-15 M/S INDIAN FARMERS FERTILIZER COOPERATIVE LTD., IFFCO SADAN, C-1, DISTRICT CENTRE, SAKET PLACE, NEW DELHI-110017 (PAN: AAAAI0050M) VS ACIT, CIRCLE-31(1), CIVIC CENTRE, NEW DELHI-110002 (APPELLANT) (RESPONDENT) APPELLANT BY: SHRI PULKIT VERMA, ADVOCATE RESPONDENT BY: SHRI M. BARANWAL, SR. DR DATE OF HEARING : 26 .11.2020 DATE OF PRONOUNCEMENT : 26.11.2020 ORDER PER G.S. PANNU, VICE PRESIDENT THIS APPEAL BY THE ASSESSEE IS DIRECTED AGAINST THE ORDER OF LEARNED CIT(A)-11, NEW DELHI DATED 6.9.2018 AND PERTAINS T O ASSESSMENT YEAR 2014- 15. 2. THE LEARNED COUNSEL FOR THE ASSESSEE, VIDE LETT ER DATED 12.11.2020, HAS REQUESTED FOR WITHDRAWAL OF THE APPEAL FILED BY HIM AND STATED THAT THE ASSESSEE ITA 6491/DEL/2018 2 HAS OPTED TO SETTLE THE DISPUTE RELATING TO THE TAX ARREARS FOR THE ASSESSMENT YEARS UNDER CONSIDERATION UNDER THE VIVAD SE VISHWAS SCHE ME, 2020. A CERTIFICATE TO THIS EFFECT UNDER SECTION 5(1) OF THE DIRECT TAX VI VAD 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 O F THE ASSESSEE FOR WITHDRAWAL OF THE APPEAL. 5. IN THE RESULT, THE APPEAL OF THE ASSESSEE IS DIS MISSED AS WITHDRAWN. ABOVE DECISION WAS ANNOUNCED ON CONCLUSION OF VIRTU AL HEARING IN THE PRESENCE OF BOTH THE PARTIES ON 26 TH NOVEMBER, 2020. SD/- SD/- (MADHUMITA ROY) ( G.S. PANNU ) JUDICIAL MEMBER VICE PRESIDENT GS COPY FORWARDED TO: - 1. APPELLANT 2. RESPONDENT 3. CIT 4. CIT(A) 5. DR, ITAT BY ORDER ASSISTANT REGISTRAR