Iqbal Impex Pvt Ltd, New Delhi V. DCIT Circle-11(1), New Delhi

ITA 6769/DEL/2019

• Counselvise Citation: [2020] 110 COUNSELVISE.COM (IT) 2401 (ITAT-DELHI)
• Duration Of Justice: 1 year(s) 3 month(s) 11 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: 14-08-2019
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: M BARANWA L SENIOR
• Section: 13; 22

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL IN THE INCOME TAX APPELLATE TRIBUNAL IN THE INCOME TAX APPELLATE TRIBUNAL IN THE INCOME TAX APPELLATE TRIBUNAL DELHI DELHI DELHI DELHI BENCH BENCH BENCH BENCH A AA A : NEW DELHI : NEW DELHI : NEW DELHI : NEW DELHI (THROUGH VIDEO CONFERENCING) (THROUGH VIDEO CONFERENCING) (THROUGH VIDEO CONFERENCING) (THROUGH VIDEO CONFERENCING) BEFORE SHRI G.S. PANNU BEFORE SHRI G.S. PANNU BEFORE SHRI G.S. PANNU BEFORE SHRI G.S. PANNU, ,, , VICE PRESIDENT AND VICE PRESIDENT AND VICE PRESIDENT AND VICE PRESIDENT AND MS. MADHUMITA ROY MS. MADHUMITA ROY MS. MADHUMITA ROY MS. MADHUMITA ROY, JUDICIAL MEMBER , JUDICIAL MEMBER , JUDICIAL MEMBER , JUDICIAL MEMBER ITA NO ITA NO ITA NO ITA NO S SS S . .. . 6768 6768 6768 6768 /DEL/20 /DEL/20 /DEL/20 /DEL/20 1 11 1 9 & 6769/DEL/2019 9 & 6769/DEL/2019 9 & 6769/DEL/2019 9 & 6769/DEL/2019 ASSESSMENT YEAR ASSESSMENT YEAR ASSESSMENT YEAR ASSESSMENT YEAR S SS S : 20 : 20 : 20 : 20 13 1313 13 - -- - 14 & 2014 14 & 2014 14 & 2014 14 & 2014 - -- - 15 1515 15 M MM M /S IQBAL IMPEX PVT.LTD., /S IQBAL IMPEX PVT.LTD., /S IQBAL IMPEX PVT.LTD., /S IQBAL IMPEX PVT.LTD., 18/20, WEA, KAROL BAGH, 18/20, WEA, KAROL BAGH, 18/20, WEA, KAROL BAGH, 18/20, WEA, KAROL BAGH, NEW DELHI NEW DELHI NEW DELHI NEW DELHI 110 005. 110 005. 110 005. 110 005. PAN : AABCI3743C. PAN : AABCI3743C. PAN : AABCI3743C. PAN : AABCI3743C. VS. VS. VS. VS. DEPUTY COMMISSIONER OF DEPUTY COMMISSIONER OF DEPUTY COMMISSIONER OF DEPUTY COMMISSIONER OF INCOME TA, INCOME TA, INCOME TA, INCOME TA, CIRCLE CIRCLE CIRCLE CIRCLE- -- -11(1), 11(1), 11(1), 11(1), NEW DELHI. NEW DELHI. NEW DELHI. NEW DELHI. (APPELLANT) (RESPONDENT) APPELLANT BY : NONE. RESPONDENT BY : SHRI M. BARANWAL, SENIOR DR. DATE OF HEARING : 26 2626 26.11 .11.11 .11.2020 .2020 .2020 .2020 DATE OF PRONOUNCEMENT : 2 22 26.11 6.11 6.11 6.11. .. .2020 2020 2020 2020 ORDER ORDER ORDER ORDER PER G.S. PANNU PER G.S. PANNU PER G.S. PANNU PER G.S. PANNU, , , , VP VPVP VP : :: : THESE APPEALS BY THE ASSESSEE FOR THE ASSESSMENT Y EARS 2013- 14 AND 2014-15 ARE DIRECTED AGAINST THE ORDER OF LE ARNED CIT(A)-22, NEW DELHI DATED 15 TH JULY, 2019. 2. NOBODY APPEARED ON BEHALF OF THE ASSESSEE AT THE TIME OF VIRTUAL HEARING BEFORE US. THE ASSESSEE, VIDE LETTER DATED 18 TH NOVEMBER, 2020 HAS REQUESTED FOR WITHDRAWAL OF THE APPEALS FI LED BY IT AND STATED THAT THE ASSESSEE HAS OPTED TO SETTLE THE DISPUTE R ELATING TO THE TAX ARREARS FOR THE ASSESSMENT YEARS UNDER CONSIDERATIO N UNDER THE VIVAD SE VISHWAS SCHEME, 2020. CERTIFICATES TO THIS EFFE CT UNDER SECTION 5(1) OF THE DIRECT TAX VIVAD SE VISHWAS ACT, 2020 H AVE ALSO BEEN FILED. 3. LEARNED SENIOR DR HAS NO OBJECTION. ITA-6768 & 6769/DEL/2019 2 4. IN VIEW OF THE ABOVE, WE ACCEPT THE REQUEST OF T HE ASSESSEE FOR WITHDRAWAL OF THE APPEALS. 5. IN THE RESULT, THE APPEALS OF THE ASSESSEE ARE D ISMISSED AS WITHDRAWN. ABOVE DECISION WAS ANNOUNCED ON CONCLUSION OF VIRTU AL HEARING ON 26 TH NOVEMBER, 2020. SD/- SD/- ( (( ( MADHUMITA ROY MADHUMITA ROY MADHUMITA ROY MADHUMITA ROY ) )) ) (G.S. PANNU (G.S. PANNU (G.S. PANNU (G.S. PANNU ) )) ) JUDICIAL JUDICIAL JUDICIAL JUDICIAL MEMBER MEMBER MEMBER MEMBER VICE PRESIDENT VICE PRESIDENT VICE PRESIDENT VICE PRESIDENT VK. COPY FORWARDED TO: - 1. APPELLANT 2. RESPONDENT 3. CIT 4. CIT(A) 5. DR, ITAT ASSISTANT REGISTRAR