SPM Recycling Private Limited, Faridabad V. ITO WARD - 2(4), Faridabad

ITA 7388/DEL/2019

• Counselvise Citation: [2020] 110 COUNSELVISE.COM (IT) 3151 (ITAT-DELHI)
• Duration Of Justice: 1 year(s) 2 month(s) 7 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 16-11-2020
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: SMC
• Assessment Year: 2011-2012
• Appeal Filed On: 09-09-2019
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: M BARANWA L SENIOR
• Assessee Lawyers: K C SINGHAL
• Section: 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 SHRI G.S. PANNU BEFORE SHRI G.S. PANNU BEFORE SHRI G.S. PANNU BEFORE SHRI G.S. PANNU, ,, , VICE PRESIDENT AND VICE PRESIDENT AND VICE PRESIDENT AND VICE PRESIDENT AND SHRI SHRI SHRI SHRI AMIT SHUKLA AMIT SHUKLA AMIT SHUKLA AMIT SHUKLA, JUDICIAL MEMBER , JUDICIAL MEMBER , JUDICIAL MEMBER , JUDICIAL MEMBER ITA NO ITA NO ITA NO ITA NO . .. . 7388 7388 7388 7388 /DEL/20 /DEL/20 /DEL/20 /DEL/20 1 11 1 9 99 9 ASSESSMENT YEAR ASSESSMENT YEAR ASSESSMENT YEAR ASSESSMENT YEAR : 20 : 20 : 20 : 20 11 1111 11 - -- - 12 1212 12 M/S SPM RECYCLING PRIVATE M/S SPM RECYCLING PRIVATE M/S SPM RECYCLING PRIVATE M/S SPM RECYCLING PRIVATE LIMI LIMI LIMI LIMITED, TED, TED, TED, PLOT NO.6, 22 FEET ROAD, PLOT NO.6, 22 FEET ROAD, PLOT NO.6, 22 FEET ROAD, PLOT NO.6, 22 FEET ROAD, NEAR SHYAM DHARAM KANTA, NEAR SHYAM DHARAM KANTA, NEAR SHYAM DHARAM KANTA, NEAR SHYAM DHARAM KANTA, SAROORPUR INDUSTRIAL AREA, SAROORPUR INDUSTRIAL AREA, SAROORPUR INDUSTRIAL AREA, SAROORPUR INDUSTRIAL AREA, FACTORY AREA, FACTORY AREA, FACTORY AREA, FACTORY AREA, FARIDABAD, FARIDABAD, FARIDABAD, FARIDABAD, HARYANA HARYANA HARYANA HARYANA 121 004. 121 004. 121 004. 121 004. PAN : AANCS0652C. PAN : AANCS0652C. PAN : AANCS0652C. PAN : AANCS0652C. VS. VS. VS. VS. INCOME TAX OFFICER, INCOME TAX OFFICER, INCOME TAX OFFICER, INCOME TAX OFFICER, WARD WARD WARD WARD- -- -2(4), 2(4), 2(4), 2(4), FARIDABAD. FARIDABAD. FARIDABAD. FARIDABAD. (APPELLANT) (RESPONDENT) APPELLANT BY : SHRI K.C . SINGHAL, ADVOCATE. RESPONDENT BY : SHRI M. BARANWAL, SENIOR DR. DATE OF HEARING : 16 1616 16.11 .11.11 .11.2020 .2020 .2020 .2020 DATE OF PRONOUNCEMENT : 16 1616 16.11 .11.11 .11.2020 .2020 .2020 .2020 ORDER ORDER ORDER ORDER PER G.S. PANNU PER G.S. PANNU PER G.S. PANNU PER G.S. PANNU, , , , VP VPVP VP : :: : THIS APPEAL BY THE ASSESSEE FOR THE ASSESSMENT YEA R 2011-12 IS DIRECTED AGAINST THE ORDER OF LEARNED CIT(A), FARID ABAD DATED 24 TH JULY, 2019. 2. THE ASSESSEE, VIDE EMAIL DATED 4 TH NOVEMBER, 2020 HAS REQUESTED FOR WITHDRAWAL OF THE APPEAL FILED BY IT AND STATED THAT THE ASSESSEE HAS OPTED TO SETTLE THE DISPUTE RELATING T O THE TAX ARREARS FOR THE ASSESSMENT YEAR UNDER CONSIDERATION UNDER THE V IVAD SE VISHWAS SCHEME, 2020. ITA-7388/DEL/2019 2 3. LEARNED SENIOR DR HAS NO OBJECTION. 4. IN VIEW OF THE ABOVE, WE ACCEPT THE REQUEST OF T HE ASSESSEE FOR WITHDRAWAL OF THE APPEAL. 5. IN THE RESULT, THE APPEAL OF THE ASSESSEE IS DIS MISSED AS WITHDRAWN. ABOVE DECISION WAS ANNOUNCED IN THE PRESENCE OF BOT H THE PARTIES ON CONCLUSION OF VIRTUAL HEARING ON 16 TH NOVEMBER, 2020. SD/- SD/- ( (( ( AMIT SHUKLA AMIT SHUKLA AMIT SHUKLA AMIT SHUKLA ) )) ) (G.S. PANNU (G.S. PANNU (G.S. PANNU (G.S. PANNU ) )) ) JUDICIAL JUDICIAL JUDICIAL JUDICIAL MEMBER MEMBER MEMBER MEMBER VICE PRESIDENT VICE PRESIDENT VICE PRESIDENT VICE PRESIDENT VK. COPY FORWARDED TO: - 1. APPELLANT : M/S SPM RECYCLING PRIVATE LIMITED, M/S SPM RECYCLING PRIVATE LIMITED, M/S SPM RECYCLING PRIVATE LIMITED, M/S SPM RECYCLING PRIVATE LIMITED, PLOT NO.6, 22 FEET ROAD, PLOT NO.6, 22 FEET ROAD, PLOT NO.6, 22 FEET ROAD, PLOT NO.6, 22 FEET ROAD, NEAR SHYAM DHARAM KANTA, NEAR SHYAM DHARAM KANTA, NEAR SHYAM DHARAM KANTA, NEAR SHYAM DHARAM KANTA, SAROORPUR INDUSTRIAL AREA, FACTORY AREA, SAROORPUR INDUSTRIAL AREA, FACTORY AREA, SAROORPUR INDUSTRIAL AREA, FACTORY AREA, SAROORPUR INDUSTRIAL AREA, FACTORY AREA, FARIDABAD, HARYANA FARIDABAD, HARYANA FARIDABAD, HARYANA FARIDABAD, HARYANA 121 004. 121 004. 121 004. 121 004. 2. RESPONDENT : INCOME TAX OFFICER, WARD INCOME TAX OFFICER, WARD INCOME TAX OFFICER, WARD INCOME TAX OFFICER, WARD- -- -2(4), FAR 2(4), FAR 2(4), FAR 2(4), FARIDABAD. IDABAD. IDABAD. IDABAD. 3. CIT 4. CIT(A) 5. DR, ITAT ASSISTANT REGISTRAR