DCIT, New Delhi V. M/s The Oriental Insurance Co. Ltd., New Delhi

ITA 692/DEL/2017

• Counselvise Citation: [2020] 110 COUNSELVISE.COM (IT) 7643 (ITAT-DELHI)
• Duration Of Justice: 3 year(s) 6 month(s) 21 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 28-08-2020
• Appeal Filed By: Department
• Order Result: Dismissed
• Bench Allotted: G
• Assessment Year: 2013-2014
• Appeal Filed On: 07-02-2017
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Department Lawyers: M BARNWAL
• Assessee Lawyers: T D SINGH

Judgement Text

ITA 825 & 692/D/2017 1 IN THE INCOME TAX APPELLATE TRIBUNAL DELHI BENCH FRIDAY BENCH A: NEW DELHI (THROUGH VIDEO CONFERENCING) BEFORE SHRI G.S. PANNU, VICE PRESIDENT AND SHRI SUDHANSHU SRIVASTAVA, JUDICIAL MEMBER ITA NO. 825/DEL/2017 ASSESSMENT YEAR : 2013-14 THE ORIENTAL INSURANCE CO. LTD., A-25/27, ASAF ALI ROAD, NEW DELHI 110002 (PAN: AAACT0627R) DCIT CIRCLE -12, LTU, NBCC PLAZA, PUSHP VIHAR, NEW DELHI. (APPELLANT) (RESPONDENT) ITA NO. 692/DEL/2017 ASSESSMENT YEAR: 2013-14 DCIT CIRCLE -12, LTU, NBCC PLAZA, PUSHP VIHAR, NEW DELHI. THE ORIENTAL INSURANCE CO. LTD., A-25/27, ASAF ALI ROAD, NEW DELHI 110002 (PAN: AAACT0627R) (APPELLANT) (RESPONDENT) ASSESSEE BY: SHRI T.D. SINGH, ADV. DEPARTMENT BY: SHRI M. BARNWAL, SR. DR DATE OF HEARING : 28.08.2020 DATE OF PRONOUNCEMENT : 28.08.2020 ORDER PER G.S. PANNU, VICE PRESIDENT THESE ARE CROSS APPEALS, ARISING OUT OF THE ORDER O F LEARNED COMMISSIONER OF INCOME TAX(A) DATED 22.12.2016 RELA TING TO ASSESSMENT YEAR 2013-14. ITA 825 & 692/D/2017 2 2. IT HAS BEEN BROUGHT TO THE NOTICE OF THE BENCH T HAT SUBSEQUENT TO THE FILING OF THE APPEALS, THE COMMISSIONER OF INCOME TAX(A), BY ITS ORDER DATED 20 TH MAY 2017, RECTIFIED HIS ORDER DATED 22.12.2016 BY WITHD RAWING THE SAME AND PASSING A FRESH ORDER DATED 26.12.2017. IT IS FURTHER POIN TED OUT THAT AGAINST THE ORDER OF THE COMMISSIONER OF INCOME TAX(A) DATED 26.12.2017, THE ASSESSEE AS WELL AS THE REVENUE HAVE FILED FRESH APPEALS BEARING NO. 19 52/D/2018 AND 1750/D/2018 RESPECTIVELY. IN VIEW OF THE AFORESAID, THE SAY OF THE PARTIES IS THAT THE CAPTIONED CROSS-APPEALS HAVE BECOME INFRUCTUOUS AND, THEREFOR E, THE SAME MAY BE CONSIGNED TO RECORDS. 3. IN VIEW OF THE AFORESAID, THE CAPTIONED APPEALS ARE DIRECTED TO BE CONSIGNED TO RECORD, WITH THE LIBERTY TO BOTH PARTI ES TO PROSECUTE THE LATTER CROSS- APPEALS IN ACCORDANCE WITH LAW. 4. IN THE RESULT, THE CAPTIONED APPEAL OF THE ASSES SEE AS WELL AS OF THE REVENUE STAND DISMISSED. ORDER PRONOUNCED IN THE PRESENCE OF BOTH THE PAR TIES AT THE CONCLUSION OF THE HEARING TODAY THROUGH VIDEO CONFERE NCING. SD/- SD/- (SUDHANSHU SRIVASTAVA) ( G.S. PANNU) JUDICIAL MEMBER VICE PRESIDENT D ATED: 28 TH AUGUST 2020 GS ITA 825 & 692/D/2017 3 COPY FORWARDED TO: - 1. APPELLANT 2. RESPONDENT 3. CIT 4. CIT(A) 5. DR, ITAT BY ORDER ASSISTANT REGISTRAR