Pancham Hotels Pvt Ltd, New Delhi V. ITO WARD - 19(3), New Delhi

ITA 6778/DEL/2019

• Counselvise Citation: [2021] 109 COUNSELVISE.COM (IT) 1729 (ITAT-DELHI)
• Duration Of Justice: 1 year(s) 6 month(s) 2 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 16-02-2021
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: SMC
• Assessment Year: 2011-2012
• Appeal Filed On: 14-08-2019
• Result in Favour of: Revenue
• Court: TRIBUNAL

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL, DELHI BENCH: SMC-1 NEW DELHI BEFORE SHRI BHAVNESH SAINI, JUDICIAL MEMBER AND SHRI O.P. KANT, ACCOUNTANT MEMBER [THROUGH VIDEO CONFERENCING] ITA NO.6778/DEL./2019 ASSESSMENT YEAR: 2011-12 M/S. PANCHAM HOTELS PVT. LTD., FLAT NO. 244, SWARUP SADAN, CGHS LTD., PLOT NO. 4, DWARKA, SECTOR-13, NEW DELHI VS. ITO, WARD-19(3), NEW DELHI PAN :AADCP2319P (APPELLANT) (RESPONDENT) ORDER PER O.P. KANT, AM: THIS APPEAL BY THE ASSESSEE IS DIRECTED AGAINST TH E ORDER OF LEARNED COMMISSIONER OF INCOME TAX (APPEALS)-7, NEW DELHI, DATED 28.05.2019, PASSED FOR ASSESSMENT YEAR 2011-1 2. 2. WE HAVE HEARD LEARNED REPRESENTATIVE OF BOTH THE P ARTIES THROUGH VIDEO CONFERENCING. APPELLANT BY SHRI BALDEV RAJ, CA RESPONDENT BY SHRI VED PRAKASH MISHRA, SR.DR DATE OF HEARING 16.02.2021 DATE OF PRONOUNCEMENT 16.02.2021 2 ITA NO. 6778/DEL./2019 3. THE LEARNED COUNSEL FOR THE ASSESSEE HAS REQUESTED FOR WITHDRAWAL OF THE APPEAL AS THE ASSESSEE HAS OPTED TO SETTLE THE DISPUTE RELATING TO THE TAX ARREARS FOR THE ASSESSM ENT YEAR UNDER CONSIDERATION, UNDER THE VIVAD SE VISHWAS SCHEME, 2 020. THE ASSESSEE HAS ALSO FILED COPY OF FORM NO. 3 ISSUED B Y THE RESPECTIVE PRINCIPAL COMMISSIONER OF INCOME TAX, WH ICH IS PLACED ON RECORD. THE LEARNED COUNSEL FOR THE ASSESSEE, TH EREFORE, SEEKS PERMISSION TO WITHDRAW THE APPEAL. 2. IN VIEW OF THE AFORESAID, THE APPEAL OF THE ASSESS EE IS DISMISSED AS WITHDRAWN. ORDER PRONOUNCED IN THE OPEN COURT. SD/- SD/- (BHAVNESH SAINI) (O.P. KANT) JUDICIAL MEMBER ACCOUNTANT MEMBER DATED: 16 TH FEBRUARY, 2021. RK/- COPY FORWARDED TO: 1. APPELLANT 2. RESPONDENT 3. CIT 4. CIT(A) 5. DR ASST. REGISTRAR, ITAT, NEW DELHI