ACIT, Central Circle , Moradabad V. GENUS POWER INFRASTRUCTURES LTD., Jaipur

ITA 6842/DEL/2018

• Counselvise Citation: [2021] 107 COUNSELVISE.COM (IT) 7517 (ITAT-DELHI)
• Duration Of Justice: 2 year(s) 10 month(s) 1 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 31-08-2021
• Appeal Filed By: Department
• Order Result: Dismissed
• Bench Allotted: C
• Assessment Year: 2011-2012
• Appeal Filed On: 29-10-2018
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Department Lawyers: M BARANWAL

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL DELHI BENCH A: NEW DELHI (THROUGH VIDEO CONFERENCING) BEFORE SHRI G.S. PANNU, VICE PRESIDENT AND MS. SUCHITRA KAMBLE, JUDICIAL MEMBER ITA NO.6842/DEL /2018 ASSESSMENT YEAR : 2011-12 ITA NO. 263/DE L/2019 ASSESSMENT YEAR : 2012-13 ADDL. CIT, CENTRAL CIRCLE, MORADABAD VS. GENUS POWER INFRASTRUCTURES LTD. SPL-3, RHCO, INDUSTRIAL AREA SITAPUR, TONK ROAD, JAIPUR PAN : AACCG1218P (APPELLANT) (RESPONDENT) APPELLANT BY : SH. M. BARANWAL, SR. DR RESPONDENT BY : NONE DATE OF HEARING : 31 . 08.2021 DATE OF PRONOUNCEMENT : 31 . 08.2021 ORDER PER G.S. PANNU, VP : THESE TWO APPEALS BY THE REVENUE FOR THE ASSESSMENT YEARS 2011- 12 & 2012-13 ARE DIRECTED AGAINST THE ORDER OF LEARNED CIT(A)-1, JO DHPUR DATED 23.05.2018 & 18.07.2018 RESPECTIVELY. ITA- 6842/DEL/2018 ITA 263/DEL/2019 2 2. NONE APPEARED ON BEHALF OF THE AASSESSEE AT THE TIME OF VIRT UAL HEARING. THE LEARNED A.R. FOR THE ASSESSEE, VIDE HIS LETTER DATED 30.0 4.2021, HAS REQUESTED FOR DISMISSAL OF THE APPEALS FILED BY THE REVENUE AND STAT ED THAT THE ASSESSEE HAS OPTED TO SETTLE THE DISPUTE RELATING TO THE TAX A RREARS FOR THE ASSESSMENT YEAR UNDER CONSIDERATION UNDER THE VIVAD SE VISHWAS S CHEME, 2020. A CERTIFICATE TO THIS EFFECT UNDER SECTION 5(1) OF THE DIRECT TAX VIVAD SE VISHWAS ACT, 2020 IN BOTH THE ASSESSMENT YEARS HAS ALSO BEEN FILE D SHOWING AMOUNT PAYABLE NIL ISSUED BY THE PCIT (CENTRAL), LUCKNOW ON 28 /04/2021. 3. LEARNED SENIOR DR HAS NO OBJECTION. 4. IN VIEW OF THE ABOVE, WE ACCEPT THE REQUEST OF THE ASSESSEE FOR DISMISSAL OF THE APPEALS OF THE REVENUE. 5. IN THE RESULT, THE APPEALS OF THE REVENUE ARE DISMISSED HA VING BECOME INFRUCTUOUS. ABOVE DECISION WAS ANNOUNCED ON CONCLUSION OF VIRTUAL HEARING ON 31 AUGUST, 2021. SD/- SD/- (SUCHITRA KAMBLE) (G.S. PANNU) JUDICIAL MEMBER VICE PRESIDENT *BINITA* COPY FORWARDED TO: - 1. APPELLANT 2. RESPONDENT 3. CIT 4. CIT(A) 5. DR, ITAT BY ORDER ITA- 6842/DEL/2018 ITA 263/DEL/2019 3 ASSISTANT REGISTRAR, ITAT, DELHI