Cee Pee Creations Pvt. Ltd., New Delhi V. ITO ward-5(4), New Delhi

ITA 7421/DEL/2019

• Counselvise Citation: [2022] 105 COUNSELVISE.COM (IT) 3821 (ITAT-DELHI)
• Duration Of Justice: 2 year(s) 7 month(s) 16 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 25-04-2022
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: G
• Assessment Year: 2008-2009
• Appeal Filed On: 08-09-2019
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Section: 5(2)

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL DELHI BENCH ‘G’, NEW DELHI BEFORE SH. ANIL CHATURVEDI, ACCOUNTANT MEMBER AND SH. KUL BHARAT, JUDICIAL MEMBER ITA Nos. 9720 /Del/2019 (Assessment Year : 2011-12) BS Infrasoft (P) Ltd. C/o RRA TAX INDIA D-28, South Extn. Part – 1, New Delhi – 110 034 PAN No. AADCB 7644 R Vs. ACIT(OSD) Ward – 5(2) New Delhi (APPELLANT) (RESPONDENT) And ITA No. 7421/Del/2019 (Assessment Year : 2008-09) Cee Pee Creations Pvt. Ltd. D-28, South Extension, Part-1, New Delhi -110 049 PAN No. AACCC 7684 D Vs. ITO Ward – 5(4) New Delhi (APPELLANT) (RESPONDENT) Assessee by Shri Deepesh Garg, Adv. Revenue by Shri Umesh Takyar, Sr. D.R. Date of hearing: 26.04.2022 Date of Pronouncement: 26.04.2022 2 ORDER PER KUL BHARAT, JM : Both the appeals filed by the assessee are directed against the orders dated 31.10.2019 and 31.07.2019 of the Commissioner of Income Tax (Appeals)-2, New Delhi relating to Assessment Years 2011-12 and 2008-09. 2. Before us, assessee has moved an application wherein the assessee has stated that it has opted for Vivad Se Vishwas (VSV) 2020 and has filed the declaration (Form-1) and undertaking (Form-2) Scheme and department had issued Form-5. The assessee therefore seeks to withdraw the appeals, to which the Revenue has no objection. 3. After considering the request made by the assessee, we dismiss the appeals of assessee as withdrawn subject to a caveat that in case the dispute relating to tax arrears for the captioned assessment years is not ultimately resolved in terms of the aforesaid Act, the assessee shall be at liberty to approach the Tribunal for reinstitution of the appeals and the Tribunal shall consider such application appropriately as per law. With these directions, appeals of the assessee are dismissed as withdrawn. 3 4. In the result, both the appeals of the assessee are dismissed. Order pronounced in the open court on 26.04.2022, immediately after conclusion of the hearing of the matter in virtual mode. Sd/- Sd/- (ANIL CHATURVEDI) (KUL BHARAT) ACCOUNTANT MEMBER JUDICIAL MEMBER Date:- 26.04.2022 PY* Copy forwarded to: 1. Appellant 2. Respondent 3. CIT 4. CIT(Appeals) 5. DR: ITAT ASSISTANT REGISTRAR ITAT NEW DELHI