Gurera Industries Ltd., New Delhi V. ITO WARD - 10(4), New Delhi

ITA 6970/DEL/2019

• Counselvise Citation: [2022] 106 COUNSELVISE.COM (IT) 1998 (ITAT-DELHI)
• Duration Of Justice: 2 year(s) 10 month(s) 7 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 28-06-2022
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: B
• Assessment Year: 2012-2013
• Appeal Filed On: 21-08-2019
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Assessee Lawyers: SHRIMADHUR AGGARWAL
• Section: 250

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL DELHI BENCH ‘B’ NEW DLEHI BEFORE SHRI PRADIP KUMAR KEDIA, ACCOUNTANT MEMBER AND SHRI N.K. CHOUDHRY, JUDICIAL MEMBER ITA No. 6970/Del/2019 Assessment Year: 2012-13 Gurera Industries Ltd., 601, Hemkunt Chambers, 89, Nehru Place, New Delhi. PAN: AABCG3096J VersuS Income-tax Officer, Ward 10(4), New Delhi (Appellant) (Respondent) Appellant by : ShriMadhurAggarwal, Ld. Adv. Respondent by : Shri B.K. Singh, Ld. Sr. DR Date of hearing : 29/06/2022 Date of order : 29/06/2022 ORDER PER N.K. CHOUDHRY, J.M. This appeal has been preferred by the assessee against the order dated 10.06.2019, impugned herein, passed by the learned Commissioner of Income-tax (Appeals)-4, New Delhi (in short “Ld. Commissioner”), u/s. 250 of the Income-tax Act, 1961 (in short ‘the Act’) for the assessment year 2012-13. 2. At the outset, it was submitted by the ld. Counsel of the Assessee that the Assessee under Vivad Se Vishwas Scheme, 2020, has already settled the quantum dispute for the year under consideration and the Revenue Department has issued form No. 5 date 09.04.2021, the penalty imposed does not survive and therefore the present appeal may be treated as withdrawn. Ld. DR did not refute the claim of the Assessee. [2] 3. Considering the factual position stated above, the present appeal arising out of the penalty order, deserves to be dismissed as withdrawn. 4. In the result, the appeal of the Assessee stands dismissed as withdrawn. Order pronounced in the open court on 29/06/2022 Sd/- Sd/- (PRADIP KUMAR KEDIA) (N.K. CHOUDHRY) ACCOUNTANT MEMBER JUDICIAL MEMBER *aks/-