ACIT, Central Circle- , New Delhi V. Utech Developers Ltd., New Delhi

ITA 7016/DEL/2019

• Counselvise Citation: [2022] 106 COUNSELVISE.COM (IT) 6997 (ITAT-DELHI)
• Duration Of Justice: 2 year(s) 10 month(s) 22 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 14-07-2022
• Appeal Filed By: Department
• Order Result: Dismissed
• Bench Allotted: A
• Assessment Year: 2016-2017
• Appeal Filed On: 22-08-2019
• Result in Favour of: Assessee
• Court: TRIBUNAL

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL, DELHI BENCH: ‘A’ NEW DELHI BEFORE SHRI G.S. PANNU, PRESIDENT & SHRI SAKTIJIT DEY, JUDICIAL MEMBER ITA No.7016/Del/2019 Assessment Year: 2016-17 ACIT, Central Circle-27, New Delhi Vs. M/s. Utech Developers Ltd., 305, 3 rd Floor, Bhanot Corner, Pamposh Enclave, Greater Kailash-1, New Delhi PAN :AAACU8713H (Appellant) (Respondent) ORDER PER SAKTIJIT DEY, JUDICIAL MEMBER: This is an appeal by the Revenue against order dated 25.06.2019 of learned Commissioner of Income-Tax (Appeals)-29, New Delhi for the assessment year 2016-17. 2. At the outset, learned Authorized Representative of the assessee submitted that the dispute arising in the appeal has been settled under the Direct Tax Vivid se Vishwas Act, 2020, as the designated Department by Shri Om Prakash, Sr. DR Assessee by N o n e Date of hearing 15.07.2022 Date of pronouncement 15.07.2022 2 ITA No.7016/Del./2019 authority has issued Form 5 on 07.07.2022. A letter dated 15.07.2022 to this effect attaching a copy of Form 5 is placed on record. 3. Learned Departmental Representative fairly agreed with the aforesaid submission of learned counsel appearing for the assessee. 4. Having considered rival submissions and perused material available on record, we find that accepting assessee’s declaration under Direct Tax Vivid se Vishwas Act, 2020, the designated authority has issued Form 5. Thus, for all practical purposes, the dispute arising in the present appeal stands resolved. Therefore, the appeal having become infructuous is dismissed. 5. In the result, the appeal is dismissed. Order pronounced in the open court on 15 th July, 2022. Sd/- Sd/- ( G.S. PANNU ) (SAKTIJIT DEY) PRESIDENT JUDICIAL MEMBER Dated: 15 th July, 2022. Mohan Lal Copy forwarded to: 1. Appellant 2. Respondent 3. CIT 4. CIT(A) 5. DR Asst. Registrar, ITAT, New Delhi 3 ITA No.7016/Del./2019 Sl. No. Particulars Date 1. Date of dictation (Order drafted through Dragon software): 15.07.2022 2. Date on which the draft of order is placed before the Dictating Member: 18.07.2022 3. Date on which the draft of order is placed before the other Member: 4. Date on which the approved draft of order comes to the Sr. PS/PS: 18.07.2022 5. Date of which the fair order is placed before the Dictating Member for pronouncement: 18.07.2022 6. Date on which the final order received after having been singed/pronounced by the Members: 27.07.2022 7. Date on which the final order is uploaded on the website of ITAT: 27.07.2022 8. Date on which the file goes to the Bench Clerk 27.07.2022 9. Date on which files goes to the Head Clerk: 10. Date on which file goes to the Assistant Registrar for signature on the order: 11. Date of dispatch of order: