T T LTD., NEW DELHI V. DCIT, CIRCLE- 25(2), NEW DELHI

ITA 6935/DEL/2019

AI Insights

This case involves an appeal by T T Ltd. against the order of the Ld. CIT(Appeals)-9, New Delhi, dated 24.06.2019 for the Assessment Year 2011-12. The appeal was related to issues that have been settled under the Vivad se Vishwas Scheme, 2020, a government initiative aimed at resolving pending tax disputes. The assessee submitted a letter dated 12.01.2023 requesting permission to withdraw the appeal, accompanied by Form 5, which confirmed the settlement of the tax issues. The Income Tax Appellate Tribunal, Delhi, accepted the withdrawal and dismissed the appeal accordingly.

• Counselvise Citation: [2023] 140 COUNSELVISE.COM (IT) 113364 (ITAT-DELHI)
• Duration Of Justice: 3 year(s) 8 month(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 20-04-2023
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: G
• Next Hearing Date: 18-09-2022
• Assessment Year: 2011-2012
• Appeal Filed On: 20-08-2019
• Laws Referred To: Vivad se Vishwas Scheme, 2020
• Result in Favour of: Revenue
• Court: TRIBUNAL

Judgement Text

I.T.A.No.6935/Del/2019 1 IN THE INCOME TAX APPELLATE TRIBUNAL DELHI BENCH “H” NEW DELHI BEFORE SHRI G.S. PANNU, HON’BLE PRESIDENT AND SHRI CHALLA NAGENDRA PRASAD, JUDICIAL MEMBER आ.अ.स ं /.I.T.A No.6935/Del/2019 /Assessment Year: 2011-12 T T Ltd., 879, Master Prithvi Nath Marg, Karol Bagh, New Delhi. ब म Vs. DCIT Circle-25(2) New Delhi. PAN No. AAACT0767A अ Appellant /Respondent िनधा रतीक ओरसे /Assessee by None राज वक ओरसे /Revenue by Shri Anuj Garg, Sr. DR & Shri Sanjay Kumar, Sr. DR स ु नवाईक तारीख/ Date of hearing: 21.04.2023 उ ोषणाक तारीख/Pronouncement on 21.04.2023 आदेश /O R D E R PER C.N. PRASAD, J.M. This appeal by assessee has been directed against the order of Ld. CIT(Appeals)-9, New Delhi dated 24.06.2019 for AY 2011-12. 2. Assessee through its letter dated 12.01.2023 seeks permission to withdraw the appeal as the issue in appeal has been settled in Vivad se Vishwas Scheme, 2020 and Form 5 has already been issued by Pr. CIT in proof of full and final settlement of taxes under the scheme. Copy of Form-5 has been enclosed along with the letter. I.T.A.No.6935/Del/2019 2 3. Considering the above, Assessee is permitted to withdraw its appeal. 4. In the result, appeal of the assessee is dismissed as withdrawn. Order pronounced in the open court on 21/04/2023 Sd/- Sd/- (G.S. PANNU) (C.N. PRASAD) PRESIDENT JUDICIAL MEMBER Dated: 21/04/2023 *Kavita Arora, Sr. P.S. Copy of order sent to- Assessee/AO/Pr. CIT/ CIT (A)/ ITAT (DR)/Guard file of ITAT. By order Assistant Registrar, ITAT: Delhi Benches-Delhi