ALEO MANALI HYDRO POWER PVT. LTD., NOIDA V. ACIT, CIRCLE- 1, NOIDA

ITA 7385/DEL/2017

• Counselvise Citation: [2020] 110 COUNSELVISE.COM (IT) 4417 (ITAT-DELHI)
• Duration Of Justice: 2 year(s) 10 month(s) 15 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 23-10-2020
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: A
• Assessment Year: 2011-2012
• Appeal Filed On: 08-12-2017
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: JAGDISH SINGH DAHIYA SENIOR
• Assessee Lawyers: UMANG LUTHRA; SURBHI GOEL
• Section: 201; 22

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL IN THE INCOME TAX APPELLATE TRIBUNAL IN THE INCOME TAX APPELLATE TRIBUNAL IN THE INCOME TAX APPELLATE TRIBUNAL DELHI DELHI DELHI DELHI BENCH BENCH BENCH BENCH A AA A : NEW DELHI : NEW DELHI : NEW DELHI : NEW DELHI (THROUGH VIDEO CONFERENCING) (THROUGH VIDEO CONFERENCING) (THROUGH VIDEO CONFERENCING) (THROUGH VIDEO CONFERENCING) BEFORE BEFORE BEFORE BEFORE JUSTICE P.P. BHATT, HONBLE PRESIDENT AND JUSTICE P.P. BHATT, HONBLE PRESIDENT AND JUSTICE P.P. BHATT, HONBLE PRESIDENT AND JUSTICE P.P. BHATT, HONBLE PRESIDENT AND SHRI G.S. PANNU, HONBLE VICE PRESIDENT SHRI G.S. PANNU, HONBLE VICE PRESIDENT SHRI G.S. PANNU, HONBLE VICE PRESIDENT SHRI G.S. PANNU, HONBLE VICE PRESIDENT ITA NO ITA NO ITA NO ITA NO S SS S . .. . 7385 7385 7385 7385 /DEL/201 /DEL/201 /DEL/201 /DEL/201 7 77 7 & 5487/DEL/2018 & 5487/DEL/2018 & 5487/DEL/2018 & 5487/DEL/2018 ASSESSMENT YEAR ASSESSMENT YEAR ASSESSMENT YEAR ASSESSMENT YEAR S SS S : 20 : 20 : 20 : 20 1 11 1 1 11 1 - -- - 12 1212 12 & 20 & 20 & 20 & 20 14 1414 14 - -- - 15 1515 15 M/S ALEO MANALI HYDRO POWER M/S ALEO MANALI HYDRO POWER M/S ALEO MANALI HYDRO POWER M/S ALEO MANALI HYDRO POWER PVT.LTD., PVT.LTD., PVT.LTD., PVT.LTD., B BB B- -- -173, SECTOR 173, SECTOR 173, SECTOR 173, SECTOR- -- -41, 41, 41, 41, NOIDA NOIDA NOIDA NOIDA 201 301. 201 301. 201 301. 201 301. PAN : AAECA3225E. PAN : AAECA3225E. PAN : AAECA3225E. PAN : AAECA3225E. VS. VS. VS. VS. ASSISTANT COMMISSIONER OF ASSISTANT COMMISSIONER OF ASSISTANT COMMISSIONER OF ASSISTANT COMMISSIONER OF INCOME TAX, INCOME TAX, INCOME TAX, INCOME TAX, CIRCLE CIRCLE CIRCLE CIRCLE- -- -1, 1,1, 1, NOIDA. NOIDA. NOIDA. NOIDA. (APPELLANT) (RESPONDENT) APPELLANT BY : MS. UMANG LUTHRA, ADVOCATE & MS. SURBHI GOEL, CA. RESPONDENT BY : SHRI JAGDISH SINGH DAHIYA, SENIOR DR. DATE OF HEARING : 23 2323 23.10 .10.10 .10.2020 .2020 .2020 .2020 DATE OF PRONOUNCEMENT : 23 2323 23.10. .10. .10. .10.2020 2020 2020 2020 ORDER ORDER ORDER ORDER THESE APPEALS BY THE ASSESSEE FOR THE ASSESSMENT Y EARS 2011- 12 AND 2014-15 ARE DIRECTED AGAINST THE ORDER OF LE ARNED CIT(A)-1, NOIDA DATED 30 TH JUNE, 2017 AND 11 TH MAY, 2018. 2. THE ASSESSEE, VIDE LETTER DATED 22 ND SEPTEMBER, 2020 HAS REQUESTED FOR WITHDRAWAL OF THE APPEALS FILED BY IT AND STATED THAT IT HAS OPTED TO SETTLE THE DISPUTE RELATING TO THE TAX ARREARS FOR THE ASSESSMENT YEARS UNDER CONSIDERATION UNDER THE VIVA D SE VISHWAS SCHEME, 2020. CERTIFICATES TO THIS EFFECT UNDER SE CTION 5(1) OF THE DIRECT TAX VIVAD SE VISHWAS ACT, 2020 HAVE ALSO BEE N FILED. 3. LEARNED SENIOR DR HAS NO OBJECTION. ITA-7385/DEL/2017 & 5487/DEL/2018 2 4. IN VIEW OF THE ABOVE, WE ACCEPT THE REQUEST OF T HE ASSESSEE FOR WITHDRAWAL OF THE APPEALS. 5. IN THE RESULT, THE APPEALS OF THE ASSESSEE ARE D ISMISSED AS WITHDRAWN. ABOVE DECISION WAS ANNOUNCED IN THE PRESENCE OF BOT H THE SIDES ON CONCLUSION OF VIRTUAL HEARING ON 23 RD OCTOBER, 2020. SD/- SD/- ( (( ( G.S. PANNU G.S. PANNU G.S. PANNU G.S. PANNU ) )) ) ( (( ( JUSTICE P.P. BHATT JUSTICE P.P. BHATT JUSTICE P.P. BHATT JUSTICE P.P. BHATT ) )) ) VICE PRESIDENT VICE PRESIDENT VICE PRESIDENT VICE PRESIDENT PRESIDENT PRESIDENT PRESIDENT PRESIDENT VK. COPY FORWARDED TO: - 1. APPELLANT : M/S ALEO MANALI HYDRO POWER PVT.LT D., M/S ALEO MANALI HYDRO POWER PVT.LTD., M/S ALEO MANALI HYDRO POWER PVT.LTD., M/S ALEO MANALI HYDRO POWER PVT.LTD., B BB B- -- -173, SECTOR 173, SECTOR 173, SECTOR 173, SECTOR- -- -41, NOIDA 41, NOIDA 41, NOIDA 41, NOIDA 201 301. 201 301. 201 301. 201 301. 2. RESPONDENT : ASSIS ASSIS ASSIS ASSISTANT COMMISSIONER OF INCOME TAX, TANT COMMISSIONER OF INCOME TAX, TANT COMMISSIONER OF INCOME TAX, TANT COMMISSIONER OF INCOME TAX, CIRCLE CIRCLE CIRCLE CIRCLE- -- -1, NOIDA. 1, NOIDA. 1, NOIDA. 1, NOIDA. 3. CIT 4. CIT(A) 5. DR, ITAT ASSISTANT REGISTRAR