KAILASH GARG HUF, NEW DELHI V. ITO, WARD- 29(5), NEW DELHI

ITA 7046/DEL/2018

• Counselvise Citation: [2024] 100 COUNSELVISE.COM (IT) 4215 (ITAT-DELHI)
• Duration Of Justice: 5 year(s) 2 month(s) 17 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 22-01-2024
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: SMC
• Assessment Year: 2014-2015
• Appeal Filed On: 04-11-2018
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Section: 6; 5(2)

Judgement Text

1 ITA No. 7046/Del/2018 IN THE INCOME TAX APPELLATE TRIBUNAL DELHI BENCH “C”: NEW DELHI BEFORE SHRI G.S. PANNU, VICE PRESIDENT AND SHRI KUL BHARAT, JUDICIAL MEMBER ITA No. 7046/DEL/2018 Assessment Year: 2014-15 M/s Kailash Garg (HUF), D-186, Okhla Industrial Area, Phase-1, New Delhi-110020 PAN- AAAHK3117N Vs Income-tax Officer, Ward-29(5), New Delhi. APPELLANT RESPONDENT Assessee represented by None Department represented by Sh. Abhishek Kumar , Sr. DR & Sh. Om Prakash, Sr. DR Date of hearing 12.01.2024 Date of pronouncement 23.01.2024 O R D E R PER KUL BHARAT, JM: This appeal, by the assessee, is directed against the order of the learned Commissioner of Income-tax (Appeals)-10, New Delhi, dated 28.09.2018, pertaining to the assessment year 2014-15. 2. At the hearing no one attended the proceedings on behalf of the assessee, despite issue of notice for hearing. We proceed to dispose of the appeal, ex parte, qua the assessee. We have heard learned DR and perused the material available on record. 3. The assessee has filed an application dated 30.11.2022, seeking permission for withdrawal of the appeal on the ground that the assessee had opted for VIVAD SE VISHWAS SCHEME, 2020 and has been issued Form 5 for full and final settlement of 2 ITA No. 7046/Del/2018 tax arrear. A copy of Form 5 u/s 5(2) read with section 6 of the Direct Tax VIVAD SE VISHWAS Act, 2020 has also been filed along with the application. 3. In view of above and in absence of any objection from the side of the Ld. D.R, the request of the assessee seeking withdrawal of the appeal is allowed. 4. In the result, appeal of the assessee is dismissed as withdrawn. Order pronounced in open court on 23 rd January, 2024. Sd/- Sd/- (G.S. PANNU) (KUL BHARAT) VICE PRESIDENT JUDICIAL MEMBER *MP* Copy forwarded to: 1. Appellant 2. Respondent 3. CIT 4. CIT(Appeals) 5. DR: ITAT ASSISTANT REGISTRAR ITAT, NEW DELHI