Prachi India Private Limited, New Delhi V. ACIT Circle-20(1), New Delhi

ITA 7133/DEL/2019

• Counselvise Citation: [2020] 110 COUNSELVISE.COM (IT) 6975 (ITAT-DELHI)
• Duration Of Justice: 1 year(s) 11 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 09-09-2020
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: SMC
• Assessment Year: 2011-2012
• Appeal Filed On: 29-08-2019
• Result in Favour of: Revenue
• Court: TRIBUNAL

Judgement Text

, , IN THE INCOME TAX APPELLATE TRIBUNAL DELHI BENCH F, NEW DELHI , ! # $ % , ' ( ! BEFORE MS. SUSHMA CHOWLA, VP & SHRI ANIL CHATURVEDI, AM [THROUGH VIDEO CONFERENCING] ) / ITA NO.7133/DEL/2019 * / ASSESSMENT YEAR: 2011-12 PRACHI INDIA PVT.LTD., 2609/194, TRI NAGAR, NEAR JAIN SHANAK, NEW DELHI-110035.9 PAN-AACCP5921G .......... ... /APPELLANT VS THE ACIT, CIRCLE-20(1), NEW DELHI. . / RESPONDENT / APPELLANT BY: SH.ANIL KUMAR GUPTA, CA / RESPONDENT BY: MS. RAKHI VIMAL, SR. DR * / DATE OF HEARING : 09.09.2020 / DATE OF PRONOUNCEMENT: 09.09.2020 / ORDER PER SUSHMA CHOWLA, VP THE PRESENT APPEAL FILED BY ASSESSEE IS AGAINST OR DER OF CIT(A)-7, NEW DELHI DATED 11.07.2019 RELATING TO ASSESSMENT YEAR 2011-12 AGAINST THE ORDER PASSED UNDER SECTION 147/143(3) OF THE INCOME-TAX A CT, 1961 (IN SHORT THE ACT). 2 ITA NO.7133/DEL/2019 ASSESSMENT YEAR: 2011-12 2. THE LD. AR FOR THE ASSESSEE HAS REQUESTED FOR WI THDRAWAL OF THE APPEAL FILED BY THE ASSESSEE AND STATED THAT THE ASSESSEE HAS OPTED THE DISPUTE RELATING TO THE TAX ARREARS FOR THE ASSESSMENT YEAR UNDER CONSIDERATION UNDER VIVAD SE VISHWAS SCHEME, 2020 . AN APPLICATION TO THIS EFFECT HAS BEEN FILED BY ASSESSEE DATED 27.08.2020. 3. THE LD. DR FOR THE REVENUE HAS NO OBJECTION TO T HE SAME. 4. IN VIEW OF THE ABOVE, WE ACCEPT THE REQUEST OF T HE ASSESSEE FOR WITHDRAWAL OF THE APPEAL. 5. HOWEVER, THE AFORESAID IS SUBJECT TO A CAVEAT TH AT IN CASE THE DISPUTE RELATING TO TAX ARREARS FOR THE CAPTIONED ASSESSMEN T YEAR IS NOT ULTIMATELY RESOLVED IN TERMS OF THE AFORE-STATED ACT, THE APPE LLANT (I.E. THE ASSESSEE) SHALL BE AT LIBERTY TO APPROACH THE TRIBUNAL FOR REINSTIT UTION OF THE APPEAL AND THE TRIBUNAL SHALL CONSIDER SUCH APPLICATION APPROPRIAT ELY AS PER LAW. THE LD. DR FOR THE REVENUE HAS NO OBJECTION WITH REGARD TO THE AFORESAID CAVEAT. 6. IN THE RESULT, THE APPEAL OF THE ASSESSEE IS DIS MISSED AS WITHDRAWN. ORDER PRONOUNCED IN THE OPEN COURT ON 09 TH SEPTEMBER, 2020. SD/- SD/- (ANIL CHATURVEDI) (SUSHMA CHOWLA) /ACCOUNTANT MEMBER / VICE PRESIDENT / DATED : 09 TH SEPTEMBER , 2020 *AMIT KUMAR* 3 ITA NO.7133/DEL/2019 ASSESSMENT YEAR: 2011-12 + COPY OF THE ORDER IS FORWARDED TO : 1. / THE APPELLANT 2. / THE RESPONDENT 3. , -* / THE CIT(A) 4. / THE PR. CIT 5. 6. * .* . / DR, ITAT, DELHI +* GUARD FILE. * / BY ORDER , // TRUE COPY // , *. ASSISTANT REGISTRAR, ITAT, DELHI